The Football Association announced the punishment on Monday, following an independent regulatory commission hearing.
Regulatory commission chairman Nicholas Stewart QC said: "These were repeated deliberate breaches of the Football Association's betting rules which are vital to maintain confidence in the integrity of the game.
"These are serious offences by a club captain and therefore must be punished by a substantial period of suspension of eight months together with a fine of £3,500."
In July, four other players were banned for between five months and a year for betting on the outcome of the same match.
Three of the players were with Stanley at the time and the other at Bury, who won the game 2-0 on May 3, 2008.
Jay Harris was banned for a year and fined a total of £5,500, David Mannix was given a 10-month ban and fined £4,000, and Robert Williams was suspended for eight months and fined £3,500.
Andrew Mangan, who was then a Bury player, was banned for five months and fined £2,000 for betting on his team to win.