1. #1
    thadchr
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    SBR Store - maximizing expected value through freeplays.

    This question has come up many times before, but 1) I'd like some reassurance from the math guys / system gamblers around here and 2) I'm not entirely sure what the caveat rules (hedging, teasing, parlaying, etc.) are at each respective sportsbook, which obviously makes a world of difference.

    So, I recently came into 5000 betpoints (Amen, SBR poker), and know that sportsbook freeplays are by far the best way to maximize the expected value of each SBR point. But, to be 100% sure, could someone (or a couple of you) explain exactly what my best strategy is in order to guarantee the most "real money" in one or more sportsbooks, however it need be divided? Also, is there an optimal strategy for a more opportunistic "upside" approach if I'm not just looking to play nothing but round-robins / hedges in order to guarantee that I don't lose everything?

    Also, and perhaps more importantly since this one doesn't involve math that I could probably do myself given lots of time, what are the respective rules at each sportsbook as far as this type of thing (that being freeplays and whatnot) goes? Who allows teaser or parlay bets using freeplay? Are there 3-team maximums? Better odds at certain places? Round-robins? Are there different rollovers at each one, etc.? I'm sure some of you have done this before, so rather than ask every single sportsbook (where the operators don't know the rules half the time anyway) myself I thought I'd ask for some friendly advice. Ultimately, my goal is to have all of my "real" money in my 5Dimes account (if it needs to be in an account... optimally, in my pocket would be the strategy I'd really like explained), but I'm not willing to sacrifice any significant EV to do so; thus, I want to make sure I milk every cent out of these points!

    Thanks in advance for any help!

    Last edited by thadchr; 02-04-11 at 01:48 PM.

  2. #2
    Slainte
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    Nice thread, i already bought some freeplays with BP. Still haven't thought about any particular strategy.

  3. #3
    Jrod124
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    yeah I bought FPs at Bet Phoenix too. Going to be checking this thread for the best way to go about using them

  4. #4
    k13
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    I just did an easy nfl 2 team teaser all in with my BP fp.

    One question I have, how do I know how much rollover I have left to do? Do I need to contacts them?

  5. #5
    Jrod124
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    Quote Originally Posted by k13 View Post
    I just did an easy nfl 2 team teaser all in with my BP fp.

    One question I have, how do I know how much rollover I have left to do? Do I need to contacts them?
    deposit amount + winnings on the freeplay x the rollover amount

    For instance if u made a 50 dollar deposit got a 50 freeplay bet it on a 2 team teaser it paid out 60 dollars.

    The rollover is 6x so 50 +60 x 6=660 in volume before u can cash out.

    Contact your book if u are unsure on the rollover

  6. #6
    yisman
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    I've never been convinced that freeplays are the way to go, considering how heavily restricted their usage is.

    I'm not concerned with rollover because I make a lot of bets. At DSI, for example, I'm pretty sure I've rolled over my original deposit+bonus 10x times+.

  7. #7
    thadchr
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    See where you're coming from yisman... that's why I'm trying to figure out the specific rules at each respective book. Technically, they are almost undoubtedly the best value, but it seems like it might take a long time of very precise betting to harvest that value. That said, buying sportsbook cash has a rollover on it as well, correct?

  8. #8
    MBENZ
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    Bet jamaica is worth paying the extra for.Play what you want,6 time roll,and get payed quick when you want it.A push on your parlay reverts back instead of being a loss like some of these shylocks.

  9. #9
    LLXC
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    I just stick with BJ or SB because I rather not have my $ at BP.

  10. #10
    nyed1010
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    one thing about rollover I still don't understand is: do they count the risk amount or the win amount, or do they count whichever is lower?
    For example, I bet a team that is -300 and I lay $300 to win $100, do they count the risk amount($300) or the win amount($100)?

  11. #11
    Strange Design
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    Step 1: Buy as much BP freeplay cash as you can in the SBR Store.
    Step 2: Fund Matchbook account with at least 133% of what you have in BP freeplays.
    Step 3: Find a +200 line at BP, preferably on a game where BP has the best available odds on the market.
    Step 4: Check Matchbook's offering on that same game. Submit an offer requesting -200 odds on the other side of what you have available at BP.
    Step 5A: If the MB side wins, pay $8 for a check from MB, and enjoy 67% return on your free play without any rollover.
    Step 5B: If the BP side wins, curse loudly. Then reload your MB account and repeat steps 3-5.

  12. #12
    ItIsWhatItIs09
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    Quote Originally Posted by nyed1010 View Post
    one thing about rollover I still don't understand is: do they count the risk amount or the win amount, or do they count whichever is lower?
    For example, I bet a team that is -300 and I lay $300 to win $100, do they count the risk amount($300) or the win amount($100)?
    The lower of the two counts towards the rollover.

  13. #13
    whatsgood5
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    Quote Originally Posted by nyed1010 View Post
    one thing about rollover I still don't understand is: do they count the risk amount or the win amount, or do they count whichever is lower? For example, I bet a team that is -300 and I lay $300 to win $100, do they count the risk amount($300) or the win amount($100)?
    Trick question, I believe the answer is neither. Most books will only count a bet that the actual FP could have been used on towards the rollover. Which would mean nothing more than +/-200 would count...

  14. #14
    yisman
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    Quote Originally Posted by thadchr View Post
    See where you're coming from yisman... that's why I'm trying to figure out the specific rules at each respective book. Technically, they are almost undoubtedly the best value, but it seems like it might take a long time of very precise betting to harvest that value. That said, buying sportsbook cash has a rollover on it as well, correct?
    yes, but it's typically lower.

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