Freeplay Betting Strategies

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  • VegasInsider
    SBR Posting Legend
    • 12-12-10
    • 14593

    #1
    Freeplay Betting Strategies
    What does everyone think is the best way to use a freeplay?

    Let's just use the example of BTP freeplay that only carries a 1x rollover.

    I know there are different schools of thought, just curious what people think.

    Personally, I like making a play that is -150 to +150 and is something I would normally play.

    Do you make a parlay with it? Huge underdog or favorite?

    Any thoughts?
  • Frats
    SBR High Roller
    • 09-07-11
    • 153

    #2
    Mathematically speaking, you're best bet is to use it on parlays. Say in your example that you just wanted to play one team. You'd make out better taking half of that amount and parlaying with Team A, and the other half and parlaying with Team B (if Teams A/B are playing each other). You'd make out even better dividing it into quarters and playing a quarter of it on each possible combination. This is all of course assuming that you're getting full parlay odds.
    Comment
    • ApricotSinner32
      Restricted User
      • 11-28-10
      • 10648

      #3
      Originally posted by VegasInsider
      What does everyone think is the best way to use a freeplay?

      Let's just use the example of BTP freeplay that only carries a 1x rollover.

      I know there are different schools of thought, just curious what people think.

      Personally, I like making a play that is -150 to +150 and is something I would normally play.

      Do you make a parlay with it? Huge underdog or favorite?

      Any thoughts?
      8 3 team parlays.. pays around 65%-70% of the fp worth.
      Comment
      • Optional
        Administrator
        • 06-10-10
        • 61367

        #4
        100FP on 3 NHL games tonight

        65% for 3 results, 165% for 3 results, 400% for 1 result and 20% for 1 result.


        10/25/2011 7:05 PM NHL Hockey 51 Pittsburgh Penguins* -1½ +220 vs New York Islanders
        10/25/2011 8:05 PM NHL Hockey 59 San Jose Sharks* -1½ +220 vs Nashville Predators
        10/25/2011 9:35 PM NHL Hockey 63 Vancouver Canucks* -1½ +220 vs Edmonton Oilers

        Risking $12.50 To Win $397.10

        10/25/2011 7:05 PM NHL Hockey 51 Pittsburgh Penguins* -1½ +220 vs New York Islanders
        10/25/2011 8:05 PM NHL Hockey 59 San Jose Sharks* -1½ +220 vs Nashville Predators
        10/25/2011 9:35 PM NHL Hockey 64 Edmonton Oilers* +1½ -260 vs Vancouver Canucks

        Risking $12.50 To Win $164.73

        10/25/2011 7:05 PM NHL Hockey 51 Pittsburgh Penguins* -1½ +220 vs New York Islanders
        10/25/2011 8:05 PM NHL Hockey 60 Nashville Predators* +1½ -260 vs San Jose Sharks
        10/25/2011 9:35 PM NHL Hockey 63 Vancouver Canucks* -1½ +220 vs Edmonton Oilers

        Risking $12.50 To Win $164.73

        10/25/2011 7:05 PM NHL Hockey 51 Pittsburgh Penguins* -1½ +220 vs New York Islanders
        10/25/2011 8:05 PM NHL Hockey 60 Nashville Predators* +1½ -260 vs San Jose Sharks
        10/25/2011 9:35 PM NHL Hockey 64 Edmonton Oilers* +1½ -260 vs Vancouver Canucks

        Risking $12.50 To Win $64.19

        10/25/2011 7:05 PM NHL Hockey 52 New York Islanders* +1½ -260 vs Pittsburgh Penguins
        10/25/2011 8:05 PM NHL Hockey 59 San Jose Sharks* -1½ +220 vs Nashville Predators
        10/25/2011 9:35 PM NHL Hockey 63 Vancouver Canucks* -1½ +220 vs Edmonton Oilers

        Risking $12.50 To Win $164.73

        10/25/2011 7:05 PM NHL Hockey 52 New York Islanders* +1½ -260 vs Pittsburgh Penguins
        10/25/2011 8:05 PM NHL Hockey 59 San Jose Sharks* -1½ +220 vs Nashville Predators
        10/25/2011 9:35 PM NHL Hockey 64 Edmonton Oilers* +1½ -260 vs Vancouver Canucks

        Risking $12.50 To Win $64.19

        10/25/2011 7:05 PM NHL Hockey 52 New York Islanders* +1½ -260 vs Pittsburgh Penguins
        10/25/2011 8:05 PM NHL Hockey 60 Nashville Predators* +1½ -260 vs San Jose Sharks
        10/25/2011 9:35 PM NHL Hockey 63 Vancouver Canucks* -1½ +220 vs Edmonton Oilers

        Risking $12.50 To Win $64.19

        10/25/2011 7:05 PM NHL Hockey 52 New York Islanders* +1½ -260 vs Pittsburgh Penguins
        10/25/2011 8:05 PM NHL Hockey 60 Nashville Predators* +1½ -260 vs San Jose Sharks
        10/25/2011 9:35 PM NHL Hockey 64 Edmonton Oilers* +1½ -260 vs Vancouver Canucks

        Risking $12.50 To Win $20.68
        Last edited by Optional; 10-25-11, 06:02 AM. Reason: wrong calc
        .
        Comment
        • LVHerbie
          SBR Hall of Famer
          • 09-15-05
          • 6344

          #5
          Big dogs is first (80-90% expected return is often possible) followed by 3 team parlays (if you can use dogs on the parlays this is even better)...

          I rarely scalp or bet all sides of parlay (especially if I'm using dogs in the parlays) as you are giving up equity by doing this, some books won't respond well to it, and it should all average out in the long run anyhow...

          If the amount you risking by doing this is too high (given your bankroll or whatever) then just split the freeplay up into more acceptable sizes and find more acceptable teams to bet rather then hedging (3 team round robin parlays with a bunch of dogs are really good for this if you find enough teams you like [ie not excessively far from true odds])...
          Last edited by LVHerbie; 10-25-11, 09:33 AM.
          Comment
          • Justin7
            SBR Hall of Famer
            • 07-31-06
            • 8577

            #6
            Also, look for low-juice sports to include in parlays.

            Don't parlay all 8 ways of a 3-teamer. Shoot out random 3-teamers for a fraction of your freeplay... If you bet 8 of these randomly, you have a little volatility but more longevity.

            if you want to eek out a few more percentage points on these freeplays, do 3-teamers with plays that are slightly off-market. Saturday is a great time to do this when there are many games going off at once.
            Comment
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