Latest news with #accumulator
Yahoo
a day ago
- Business
- Yahoo
Bitcoin 'Accumulator' Better Fit for Corporates Than Dollar-Cost Averaging Strategy, Research Suggests
Corporate adoption of bitcoin BTC is well-known, and most of it involves a classic buy-and-hold strategy, loosely analogous to the dollar-cost averaging (DCA) strategy. While investors of all kinds widely prefer DCA, new research by crypto options market maker Orbit Markets shows that since 2023, it has underperformed a structured product called an "accumulator," popularly known as "I Kill You Later" in traditional markets. "Our backtest results show that the accumulator strategy outperformed DCA over the past 2.5-year period," said Pulkit Goyal, head of trading at Orbit Markets, told CoinDesk. "Three-month accumulators delivered a 10% outperformance, while longer tenors did even better — six- and twelve-month accumulators outperformed by 13% and 26%, respectively." Goyal added that accumulators offer a disciplined, cost-effective approach to token accumulation, making them "a natural fit for crypto treasury companies' use case." Both DCA and the accumulator operate the same principle – stop timing the market. While DCA simplifies investing by spreading out purchases over time, the accumulator helps acquire coins at a discount in a structured setup and helps outperform DCA during bull runs. The accumulator is a time-structured product linked to the performance of an underlying asset with an upside knock-out barrier – level, which, if hit, terminates the structure. Here is how it works: An investor agrees to buy a certain amount of the underlying asset at a fixed, discounted price (the Strike) over regular intervals, such as daily or weekly, for a set period. The product runs through the pre-determined set period unless terminated early due to an early knock-out by the spot price rising to the barrier. Note that the investor has an obligation, not a choice, to buy the asset at the discounted strike price and must double the buy in case the spot price dips below the discounted strike. Consider a three-month accumulator where an investor commits to buy $1,000 worth of BTC every week at a strike price of $94,500, with a knock-out level of $115,000. The strike price of $94,500 is 90% of the current spot price of around $105,000. In other words, the investor is now mandated to snap up coins at a discount, assuming the spot price holds above the strike price of $94,500 and below the knock-out of $115,000. If BTC tops the knock-out level, the structure is terminated. If the price falls below $94,500, the investor doubles the weekly purchase to $ 4,000 at the same strike, i.e., $94,500 – there is no way out, meaning the investor ends up buying at a price higher than the prevailing market rate. (this is why it gets the nickname "I kill you later.") Hence, the accumulator is not suitable for day traders, short-term traders and speculators and may not necessarily outperform DCA in a bear market. Orbit backtested a three-month BTC accumulator, spanning from January 2023 to June 13, 2025, assuming the investor continuously rolled into a new one upon reaching maturity or a premature knock-out event. Results show an average BTC acquisition cost of $39,035 for the accumulator, which is 10% lower than the DCA average purchase price of $43,329. The DCA involved investing a fixed dollar amount in BTC every week. Longer maturity accumulators of 6 and 12 months performed even better, achieving average costs of $37,654 and $32,079, respectively, outperforming DCA by 13% and 26%.
Daily Mail
10-06-2025
- Sport
- Daily Mail
11/2 Featured Enhanced Accumulator available for selected international fixtures - as friendlies and World Cup Qualifiers headline tonight's football action
For those who will be following tonight's international football action tonight - Sky Bet are offering a Featured Enhanced Accumulator for selected fixtures. The three games included in the bet are Netherlands vs Malta, Luxembourg vs Republic of Ireland, Northern Ireland vs Iceland, and England vs Senegal. Valued at 11/2 - the accumulator requires Netherlands, Republic of Ireland, Northern Ireland and England all to win in 90 minutes. For those interested in the above bet - all four teams enter their respective fixtures as odds-on favourites with Sky Bet. Additionally, they are in good form of late - with the Oranje losing just one of their last five, while the Republic of Ireland have won two of their last three. Meanwhile, England have won their last six and have won each of their last five without conceding a goal. For those anticipating an upset or two - there is a wider price of 50/1 available for Netherlands, Luxembourg, Northern Ireland and Senegal all to win in 90 minutes. Netherlands, Republic of Ireland, Northern Ireland and England all to win in 90 minutes 11/2 Alternate Enhanced Accumulator for the same fixtures: Netherlands, Luxembourg, Northern Ireland and Senegal all to win in 90 minutes 50/1
Telegraph
23-05-2025
- Sport
- Telegraph
Premier League acca predictions: Premier League tips and odds
It's the final day of the Premier League season on Sunday, with 10 fixtures all kicking off at 4pm. Our expert has picked out five selections for an accumulator bet, which pays out at odds of 18.37/1. Premier League acca tips @ 18.37/1 with talkSPORT BET Bournemouth to beat Leicester and both teams to score @ 8/5 with talkSPORT BET Liverpool vs Crystal Palace – both teams to score @ 4/9 with talkSPORT BET Aston Villa to win @ 7/10 with talkSPORT BET Arsenal to win to nil @ 13/10 with talkSPORT BET Tottenham vs Brighton – both teams to score @ 1/3 with talkSPORT BET Odds courtesy of talkSPORT BET. Correct at the time of publication and subject to change. Already a talkSPORT BET member? Check out more free bets from the best betting sites, reviewed by our experts. Leg 1 – Bournemouth vs Leicester It's been a very good season for 11th-placed Bournemouth, who could end their campaign on a high with a top-half finish After a season of struggling to find the net, relegated Leicester have scored twice in each of their last three games. With the Cherries conceding in 13 of their last 15 matches, I'm backing a home win and both teams to score. Premier League acca tip 1: Bournemouth to beat Leicester and both teams to score @ 8/5 with talkSPORT BET Go to site > Leg 2 – Liverpool vs Crystal Palace Liverpool have been leaky since winning the Premier League with a 5-1 thrashing of Tottenham at Anfield, conceding eight goals in their next three games. With Palace on a high after winning the FA Cup and having scored in each of their last six fixtures, both teams to score looks like a banker. Premier League acca tip 2: Liverpool vs Crystal Palace - both teams to score @ 4/9 with talkSPORT BET Leg 3 – Manchester United vs Aston Vila United's disastrous season featured another low in midweek, with their insipid performance in a 1-0 defeat by Spurs in the Europa League final. There is now the potential for the Red Devils' week to get even worse, as they host an Aston Villa side requiring a victory as they attempt to secure qualification for the Champions League. Premier League acca tip 3: Aston Villa to win – 7/10 with talkSPORT BET Go to site > Leg 4 – Southampton vs Arsenal Relegated Southampton have failed to score in their last three games and in their final match of the season they host an Arsenal side with the best defensive record in the Premier League. The Gunners kept a clean sheet in their 1-0 victory over Newcastle last week and I'm backing them to do so again at St Mary's Stadium. Leg 5 – Tottenham vs Brighton There will be a party atmosphere at the Tottenham Hotspur Stadium on Sunday as they celebrate their Europa League victory, in what could well prove to be Ange Postecoglou's last game as manager of the club. Brighton are attempting to finish in eighth position in the Premier League, which could result in European qualification. Both teams to score should land, in a game in which the sides have their own unique motivations. All odds courtesy of talkSPORT BET. Correct at the time of publication and subject to change.
The Sun
19-05-2025
- Sport
- The Sun
Punter turns £20 into £22,000 with 'prophetic' year-long William Hill acca
SOMETIMES it pays to wait. One shrewd William Hill punter has pulled off the ultimate acca, turning a modest £20 stake into a staggering £22,082 - nearly a full year after placing the bet! Described as "prophetic" by traders at William Hill HQ, the bettor landed an audacious 10-fold accumulator across horse racing, darts, and football, at odds of 1,104/1. The winning slip William Hill Noisy Music @ 13/8 (Win – 5:10 – Windsor) Germany @ 1/4 (90 Minutes - Germany vs Scotland - Euro 2024) Arsenal @ 1/6 (Top 4 Finish - English Premier League - Top 4 Finish 2024/25 - English Premier League) Burnley @ 2/1 (Promotion - English Championship - Promotion 2024/25 - English Championship) Birmingham @ 10/11 (Promotion - English League 1 - Promotion 2024/25 - English League 1) Chesterfield @ 4/5 (Top 7 Finish - English League 2 - Top 7 Finish 2024/25 - English League 2) Bowman @ 8/13 (Place Only - 3 Places - 4:45 Ayr) Apeeling @ 11/4 (Place Only - 2 Places - 6:15 Windsor) Luke Littler @ 3/1 (Outright - PDC World Darts Championship 2025 - Tournament Winner - PDC World Darts Championship) England @ 3/20 (90 Minutes - England vs Bosnia - International Friendlies) The epic wager was placed in June 2024, and the winning run began on the 3rd of that month. The early selections featured Bowman (8/13) placing at Ayr, Noisy Music (13/8) winning at Windsor, and Apeeling (11/4) placing in another race on the same card. Later that evening, England (3/10) saw off Bosnia in a friendly, and over a week later, Germany (1/4) beat Scotland in the Euro 2024 opener—bringing up five winning legs before… well, before the bet went into hibernation. Fast forward to January 2025, and Luke Littler (3/1) claimed victory at the PDC World Darts Championship. Another few months passed and the seasons changed for the remaining legs of the acca to land. Burnley (2/1) and Birmingham (10/11) clinched promotion, Chesterfield (4/5) squeezed into League Two's top seven, and Arsenal (1/6) confirmed a top-four Premier League finish - completing the remarkable sequence. William Hill spokesperson Lee Phelps said: "We see a lot of big winning bets, but it's rare to see anything quite like this! "Both the duration of the bet and range of sports included makes this £20 10-fold an extraordinary wager and we have to tip our hat to this punter after they landed a cool £22k. "There must have been times of concern, with Apeeling all out to repel two challengers at Windsor and Chesterfield needing to win on the final day of the League 2 season to secure seventh place, but the last few week's must have been more relaxed, with Arsenal's place in the top four all but secured." Remember to gamble responsibly A responsible gambler is someone who: For help with a gambling problem, call the National Gambling Helpline on 0808 8020 133 or go to to be excluded from all UK-regulated gambling websites.
