Has anyone tried this strategy?

[pavyracer]

Betting all your +EV plays at an A+ book and fading them at RebateWager so you can collect the 25% rebate cash back?

What will the break even point need to be assuming all plays are equal units?

Hitting 51%, 52?, etc?

[INVEGA MAN]

Good idea

[Sam Odom]

Not having put too much thought into this , I dont think you will get IDENTICAL lines (spreads & MLs) at both. Getting whacked with the wrong off # will screw this idea up

[Dunder]

Originally Posted by Dunder
I understand that the vast majority of your clientele are probably American, but would be interested to know why you do not accept Moneybookers/Neteller.

I would guess that a fair number of European recreational players would like your concept but not the idea of having to use stone-age payment methods.

I would also like to open an account with RebateWager (and would actually be intending to lose at your book), but would only do so on the basis of being able to use an e-wallet.

Yes, I did think of that.

[tmorton]

Good point Sam! Like the idea though!

[pavyracer]

Not having put too much thought into this , I dont think you will get IDENTICAL lines (spreads & MLs) at both. Getting whacked with the wrong off # will screw this idea up

But you can also argue that you can catch middles with this strategy and cash twice if the lines are not the same.

[1st and Ten]

I like it

[Sam Odom]

pavy , if you only played true middles (-2.5 / +3.5) your point is valid

[AMBlai01]

There has to be some math guy out there than can give the numbers on this.

[pokernut9999]

If your +EV plays only hit 51% to 52% there is a good chance they are not really +EV.

[pavyracer]

If your +EV plays only hit 51% to 52% there is a good chance they are not really +EV.

I'm not suggesting hitting these numbers.

I want to know what the break even point is for betting equal units at both books with equal lines with one book giving you 25% back on losses. It's a math question. Not a capping question.

[james4512]

I'm not suggesting hitting these numbers.

I want to know what the break even point is for betting equal units at both books with equal lines with one book giving you 25% back on losses. It's a math question. Not a capping question.

if hit at 54% or less than youll make a small profit, but hitting at 55% or higher will only leave you barely breaking even if my math is correct

[20Four7]

are you assuming -110 for both sides? or is your A+ book reduced juice ala pinny (I won't say Phoenix anymore because they aren't a true reduced juice book).

Assuming -110 for both sides betting 1 unit each play:

Book A: win % 66.666 Win .666 Lose .3666 (with juice) Total .3 units
Rebate: Win% 33.333 Win .333 lose .73333 (with juice) total -0.4 units

25% rebate +.1 unit for a break even.

Hope this helps pavy now if your A+ book has better than -110 it will reduce the win percentage but it is a high number to break even.

[pavyracer]

Thanks 20Four7.