best strategy for a freeplay

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  • LegitBet
    Restricted User
    • 05-25-10
    • 538

    #1
    best strategy for a freeplay
    Any ideas on best chance/value of converting a freeplay(s) into cash? I believe straight wagers max dog +200, 2/3 team parlays and 2 team teasers ok. 8x rollover and $250 max cash payout.

    Preservation of capital #1.

    thanks
  • gangster
    SBR Rookie
    • 08-31-10
    • 41

    #2
    dont ever take below 1.5. simple as that
    Comment
    • aggieshawn
      SBR MVP
      • 01-24-07
      • 4377

      #3
      Bet those outside bets you like but have the balls to wager. Ie altanta tomorrow -3.5 for 3to1
      Comment
      • LegitBet
        Restricted User
        • 05-25-10
        • 538

        #4
        as a money line? in american odds?
        thanks
        Comment
        • LegitBet
          Restricted User
          • 05-25-10
          • 538

          #5
          i don't think they allow alternate point spreads..don't know..its on a few college and nfl games only
          thanks
          Comment
          • tomcowley
            SBR MVP
            • 10-01-07
            • 1129

            #6
            3-team parlay>2-team parlay>sub-200 ML dog>teaser, assuming you get paid the full amount if you win (250 limit?!?).
            Comment
            • LT Profits
              SBR Aristocracy
              • 10-27-06
              • 90963

              #7
              Use the free play on a +200 dog and bet the favorite in that game with real money at another book.
              Comment
              • LegitBet
                Restricted User
                • 05-25-10
                • 538

                #8
                thanks LT...that makes sense...
                Comment
                • Salamander
                  SBR Sharp
                  • 12-25-09
                  • 397

                  #9
                  if you have freeplays at 2 books you might try

                  Game 1- look for a game with a difference in point spread or total between the 2 books. I found one -6.5 and +7 both -110 on the parlay section of the books yesterday.
                  Game 2 - any side or total where the line is the same at both books
                  Game 3 - a total or side at Matchbook with some plus money (maybe +103) that's same line at the other 2 books, bet half of what you'd win on the parlay

                  Do this: At 1st book bet 2 parlays: game 1 (-6.5) bet this side on both parlays, game 2 bet both sides of game one on each parlay, game 3 the opposite side of the Matchbook game on both parlays
                  at 2nd book bet 2 parlays: game 1 (+7) on both parlays, game 2 bet both sides of game one on each parlay, game 3 opposite side of MB play on both parlays.

                  So for example, two $25 freeplay parlays at book1, two $25 freeplay parlays at book 2, $73.50 to win $76.50 at Matchbook

                  You are laying out $100 worth of freeplays, and guaranteed to get 76.5% back, with the chance of siding one of the games at book 2 (game lands on 7). If game 1 sides and MB game (game 3) loses at MB, this will reduce to a 2-teamer netting you and additional $65.
                  Best of all if Matchbook side of game 3 wins, no rollover!!!
                  sbr
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                  • LegitBet
                    Restricted User
                    • 05-25-10
                    • 538

                    #10
                    i have to go through this on paper...if it yields what you say fantastic conversion...still would need a second freeplay at another book, and need to get those numbers you used..
                    thanks so much
                    andrew
                    Comment
                    • Salamander
                      SBR Sharp
                      • 12-25-09
                      • 397

                      #11
                      Hey man thanks for the points, you shouldn't have any problems finding these kinds of numbers especially during college football. You can even adjust the amount bet on MB side depending how much not having to deal with a rollover is worth to you (i.e. bet a bit less at MB to win less straight cash there, but you'll make a bit more overall profit if the parlay hits at one of the books to make up for more rollover).
                      sbr
                      Comment
                      • RonPaul2008
                        SBR Hall of Famer
                        • 06-08-07
                        • 6741

                        #12
                        Find something with a huge + moneyline and take it the other way too.
                        Should be able to get at least 70% that way.

                        Some books don't allow moneylines for this...but you can usually find an alternate pointspread.
                        Comment
                        • Blacke
                          SBR Sharp
                          • 10-26-09
                          • 290

                          #13
                          it also depends on if the book you are using credits your acct with the free play money you wagered or if you only keep what you win.
                          Comment
                          • sportsfun
                            SBR MVP
                            • 11-05-05
                            • 1055

                            #14
                            play your plays and hope to be right.
                            Comment
                            • LegitBet
                              Restricted User
                              • 05-25-10
                              • 538

                              #15
                              hey Blacke,
                              thats the thing that made me wonder...you only keep winnings, and no ML above +200....this doesn;t come up very often for me, so it was a brain teaser.
                              Comment
                              • gags
                                SBR Rookie
                                • 05-21-10
                                • 45

                                #16
                                Take a BIG DOG with each and scalp with a BIG FAV at another book.
                                Say you have a $300 freeplay:
                                Bet the $300 on a +300 ML (money Line) dog......which will have one risking $0 to win $900.
                                Then try and find as close -300 or better line on the fav at another shop and wager approximently HALF the amount of the win figire of the freeplay......$450 to win $150 at -300 say.
                                Now you have put yourself in a position to either win $450 or $150............AT THE VERY WORST.
                                THIS IS ONLY ONE possible option to take advantage of a freeplay.
                                Comment
                                • 70kgman
                                  SBR MVP
                                  • 01-31-10
                                  • 4354

                                  #17
                                  If it is a freeplay from the sbr store, you could always hedge with sbr points too. Take a $50 BetPhoenix freeplay for example, wait for a sbr special line, play the special line at the sbr book to win 280 points ($50 freeplay price), then bet the other side for $50 at the book with your freeplay. You either win the $50 bet, or win enough points to instantly buy another $50 freeplay, with a small chance of middling the wager and winning both.
                                  Comment
                                  • LegitBet
                                    Restricted User
                                    • 05-25-10
                                    • 538

                                    #18
                                    Hey 70k
                                    Very creative.
                                    Thanks
                                    Comment
                                    • LegitBet
                                      Restricted User
                                      • 05-25-10
                                      • 538

                                      #19
                                      hey 70k,
                                      after further thought, won't your idea effectivley cost me DOUBLE my SBR points for $50 CASH, in which case i mindas well BUY the sportsbook cash for those points...there is only the middle shot, right?
                                      Comment
                                      • noober
                                        SBR MVP
                                        • 10-23-09
                                        • 2012

                                        #20
                                        the higher the odds the higher the EV but no one wants to bet on 1% chance of hitting play.
                                        Comment
                                        • 70kgman
                                          SBR MVP
                                          • 01-31-10
                                          • 4354

                                          #21
                                          Originally posted by LegitBet
                                          hey 70k,
                                          after further thought, won't your idea effectivley cost me DOUBLE my SBR points for $50 CASH, in which case i mindas well BUY the sportsbook cash for those points...there is only the middle shot, right?
                                          Well, you are hedging with SBR points, so when you win the $50 at the sportsbook, you will lose SBR points in the process, yes. That seems like a trade anyone would make considering SBR points are free and not real money.

                                          My suggestion guarentee's you get 100% value for the freeplay, with the opportunity to win both by choosing the right special line to try to middle. Lets say you have 600 points after you buy a $50 freeplay, and a $50 freeplay costs 300. You put $50 on one side at the book, and 300 points at the SBR book on the other. If you lose at the sportsbook, you now have 900 points at SBR. Buy another freeplay for 300 and you are back where you started, a $50 freeplay at the book and 600 SBR points.
                                          Last edited by 70kgman; 10-02-10, 05:26 PM.
                                          Comment
                                          • Sawyer
                                            SBR Hall of Famer
                                            • 06-01-09
                                            • 7726

                                            #22
                                            Look for scalping opportunities. If you have 8+ books in your arsenal (inc. Matchbook), you should be able to find few (or more) surebet opportunities (arbitrage) every week.

                                            Scalping is a great way to use a freeplay..

                                            or look for a big underdog.
                                            Comment
                                            • loyd
                                              SBR Sharp
                                              • 02-16-10
                                              • 376

                                              #23
                                              Originally posted by 70kgman
                                              Well, you are hedgingLets say you have 600 points after you buy a $50 freeplay
                                              if he had that much points he would have got the sportbook cash instead of the freeplay considering betphenix $50 cash is 613 points.
                                              Comment
                                              • dinaro7
                                                SBR Wise Guy
                                                • 12-06-09
                                                • 888

                                                #24
                                                all the angles you suggest do not make sense except in basketball
                                                Comment
                                                • brumbies
                                                  SBR MVP
                                                  • 02-21-09
                                                  • 1489

                                                  #25
                                                  Originally posted by LT Profits
                                                  Use the free play on a +200 dog and bet the favorite in that game with real money at another book.
                                                  What if the fav lost? Won't I be faced with a huge rollover at the free play book?
                                                  Comment
                                                  • gman2114
                                                    SBR Sharp
                                                    • 10-20-09
                                                    • 418

                                                    #26
                                                    bet it all on one game. then go for 2 double ups. your rollover will be complete. all you have to do is go on a small run of 3 for 3
                                                    Comment
                                                    • Mikail
                                                      SBR Posting Legend
                                                      • 07-19-09
                                                      • 21689

                                                      #27
                                                      If you bet a pk in soccor with a freeplay and the match is a draw how is that grade?
                                                      Comment
                                                      • acliff266
                                                        SBR High Roller
                                                        • 07-24-10
                                                        • 207

                                                        #28
                                                        underdogs, underdogs, underdogs: tennis
                                                        Comment
                                                        • Peregrine Stoop
                                                          SBR Wise Guy
                                                          • 10-23-09
                                                          • 869

                                                          #29
                                                          Originally posted by loyd
                                                          if he had that much points he would have got the sportbook cash instead of the freeplay considering betphenix $50 cash is 613 points.
                                                          why would you take the cash instead of the $100 freeplay?
                                                          Comment
                                                          • loyd
                                                            SBR Sharp
                                                            • 02-16-10
                                                            • 376

                                                            #30
                                                            do you have to play the freeplay on just one bet? i mean if you get a $50 freeplay, can you place a $25 bet on NFL and a $25 bet on NBA?
                                                            Comment
                                                            • Wulfman14
                                                              SBR Hall of Famer
                                                              • 08-24-10
                                                              • 8869

                                                              #31
                                                              Originally posted by Mikail
                                                              If you bet a pk in soccor with a freeplay and the match is a draw how is that grade?
                                                              it depends on the book but most legit books would just give you the free play back to wager again
                                                              Comment
                                                              • Wulfman14
                                                                SBR Hall of Famer
                                                                • 08-24-10
                                                                • 8869

                                                                #32
                                                                Originally posted by loyd
                                                                do you have to play the freeplay on just one bet? i mean if you get a $50 freeplay, can you place a $25 bet on NFL and a $25 bet on NBA?
                                                                again depends on the books t&c . but most books i have dealt with allow you to place multiple bets with your freeplay . just place the minimum 5 dollar risk amount .
                                                                Comment
                                                                • skrtelfan
                                                                  SBR MVP
                                                                  • 10-09-08
                                                                  • 1913

                                                                  #33
                                                                  It helps to bet a parley.
                                                                  Comment
                                                                  • thadchr
                                                                    SBR MVP
                                                                    • 11-18-08
                                                                    • 1335

                                                                    #34
                                                                    Could anybody explain exactly what arbitrage is, how to use the calculator on this site, and how it is useful in determining how/why to utilize free play?

                                                                    (Salamander, if you have an even further breakdown of the numbers and/or a situation comparison of ways to use free play and the +/- expectancy, etc., I will definitely shoot you some more points.)
                                                                    Comment
                                                                    • Foals
                                                                      SBR Wise Guy
                                                                      • 01-20-10
                                                                      • 857

                                                                      #35
                                                                      Originally posted by thadchr
                                                                      Could anybody explain exactly what arbitrage is, how to use the calculator on this site, and how it is useful in determining how/why to utilize free play?

                                                                      (Salamander, if you have an even further breakdown of the numbers and/or a situation comparison of ways to use free play and the +/- expectancy, etc., I will definitely shoot you some more points.)
                                                                      Arbing is basically a situation when you can bet both sidds and get a profit regardless of the outcome. For example matchbook has lakers ml +120 and pinny has boston ml -110 then you have an arb opportunity. The calculator is used in order to find out the amount you will wager to get the most profit. Hope this explains some of it
                                                                      Comment
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