[LegitBet]

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]

dont ever take below 1.5. simple as that

[aggieshawn]

Bet those outside bets you like but have the balls to wager. Ie altanta tomorrow -3.5 for 3to1

[LegitBet]

as a money line? in american odds?
thanks

[LegitBet]

i don't think they allow alternate point spreads..don't know..its on a few college and nfl games only
thanks

[tomcowley]

3-team parlay>2-team parlay>sub-200 ML dog>teaser, assuming you get paid the full amount if you win (250 limit?!?).

[LT Profits]

Use the free play on a +200 dog and bet the favorite in that game with real money at another book.

[LegitBet]

thanks LT...that makes sense...

[Salamander]

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!!!

[LegitBet]

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

[Salamander]

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).

[RonPaul2008]

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.

[Blacke]

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.

[sportsfun]

play your plays and hope to be right.

[LegitBet]

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.

[gags]

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.

[70kgman]

If it is a freeplay from the sbr store, you could always hedge with betpoints 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.

[LegitBet]

Hey 70k
Very creative.
Thanks

[LegitBet]

hey 70k,
after further thought, won't your idea effectivley cost me DOUBLE my betpoints for $50 CASH, in which case i mindas well BUY the sportsbook cash for those points...there is only the middle shot, right?

[noober]

the higher the odds the higher the EV but no one wants to bet on 1% chance of hitting play.

[70kgman]

hey 70k,
after further thought, won't your idea effectivley cost me DOUBLE my betpoints 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 betpoints, so when you win the $50 at the sportsbook, you will lose betpoints in the process, yes. That seems like a trade anyone would make considering betpoints 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 betpoints.

[Sawyer]

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.

[loyd]

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.

[dinaro7]

all the angles you suggest do not make sense except in basketball

[brumbies]

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?

[gman2114]

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

[Mikail]

If you bet a pk in soccor with a freeplay and the match is a draw how is that grade?

[acliff266]

underdogs, underdogs, underdogs: tennis

[Peregrine Stoop]

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?

[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?

[Wulfman14]

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

[Wulfman14]

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 .

[skrtelfan]

It helps to bet a parley.

[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.)

[Foals]

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