Best way to profit from free play and cash bonus offers?

ronald · 08-28-13, 05:26 PM

Originally posted by timbaland99

What is the best way to profit from cash bonus offers and free play bonus offers?

Take betdsi's current sportsbook offer of 100% free play on a $300 deposit. Assuming you have a few outs at your disposal, how would you suggest that I can make a profit from these offers? Parlays? Taking both sides of a game? Open bets?live in game wagering at an out other than betdsi? Cash offers are obviously the best, but more and more books seem to be shying away from giving out cash as a bonus. I have a few offers available from 365 and betdsi? What would more experienced bettors suggest? TIA

Legendary poster DOUG has explained this strategy in great details. Do a search on the forums and you will find your answers.

djefferis · 08-28-13, 05:46 PM

Be sharp - combine these offers to maximize the bonus...ie. Shop A offers 100% free play with a high roll..Shop B offers 25% cash with a lower roll...and Shop C offers a 50% rebate on net losses.

Personally, I deposit at all 3 - betting my deposit amount at A in a single bet and betting the same at C on the opposite side...say 500 to A and C and a dime to B.

If I win at A - I now have 1k there and 1k at B - I keep working until I have either moved everything from A to B or have completed my roll at both - I also have $250 cash at C to work with

If I win at C - I have $500 in freeplay that risk free at A- I can play it, without fear of losing anything..I cash $500 from C and repeat on my next deposit with a book whose offer is similar to A...I then play my 1k at B against the opposing side at C - hoping to either move my funds to C, or at least complete the roll at B.

Doug's strategy values a freeplay at like 78% cash I believe..it is a solid strategy, but beware - you need to spread this over 2 books with 3 combinations at each..doing all 6 at the same shop is a good way to get shown the door. Its not hard - just find 2 books that have the same offer and split the amount you were going to deposit.

Digo · 08-28-13, 07:28 PM

Arbing it all with another book...

jjgold · 08-29-13, 06:35 AM

Arb it out vs a low juice book

If your non USA

Pinny
Matchbook

stuffit · 08-29-13, 09:10 AM

Originally posted by djefferis

Be sharp - combine these offers to maximize the bonus...ie. Shop A offers 100% free play with a high roll..Shop B offers 25% cash with a lower roll...and Shop C offers a 50% rebate on net losses.

Personally, I deposit at all 3 - betting my deposit amount at A in a single bet and betting the same at C on the opposite side...say 500 to A and C and a dime to B.

If I win at A - I now have 1k there and 1k at B - I keep working until I have either moved everything from A to B or have completed my roll at both - I also have $250 cash at C to work with

If I win at C - I have $500 in freeplay that risk free at A- I can play it, without fear of losing anything..I cash $500 from C and repeat on my next deposit with a book whose offer is similar to A...I then play my 1k at B against the opposing side at C - hoping to either move my funds to C, or at least complete the roll at B.

Doug's strategy values a freeplay at like 78% cash I believe..it is a solid strategy, but beware - you need to spread this over 2 books with 3 combinations at each..doing all 6 at the same shop is a good way to get shown the door. Its not hard - just find 2 books that have the same offer and split the amount you were going to deposit.

I can agree with this one

patswin · 08-29-13, 10:30 AM

Originally posted by djefferis

Be sharp - combine these offers to maximize the bonus...ie. Shop A offers 100% free play with a high roll..Shop B offers 25% cash with a lower roll...and Shop C offers a 50% rebate on net losses.

Personally, I deposit at all 3 - betting my deposit amount at A in a single bet and betting the same at C on the opposite side...say 500 to A and C and a dime to B.

If I win at A - I now have 1k there and 1k at B - I keep working until I have either moved everything from A to B or have completed my roll at both - I also have $250 cash at C to work with

If I win at C - I have $500 in freeplay that risk free at A- I can play it, without fear of losing anything..I cash $500 from C and repeat on my next deposit with a book whose offer is similar to A...I then play my 1k at B against the opposing side at C - hoping to either move my funds to C, or at least complete the roll at B.

Doug's strategy values a freeplay at like 78% cash I believe..it is a solid strategy, but beware - you need to spread this over 2 books with 3 combinations at each..doing all 6 at the same shop is a good way to get shown the door. Its not hard - just find 2 books that have the same offer and split the amount you were going to deposit.

good advice, agree with everything except the last part, i have never been questioned about doing 8 3 team parlays anywhere
but not bad advice to spread it around some

timbaland99 · 08-30-13, 03:21 PM

Originally posted by ronald

Legendary poster DOUG has explained this strategy in great details. Do a search on the forums and you will find your answers.

For some reason I cant find DOUG's thread on his bonus strategy. Can someone please point me in the right direction and or post a link please? The search option is not my forte. I can't seem to narrow down the search to only Doug's posts, TIA

timbaland99 · 08-30-13, 06:10 PM

Currently I have the following offers available to me at 3 different books

Up to $300 100% free play rollover 20x plus 20% bonus on an additional $200 plus free cash outs monthly and $50 Super Bowl bet, reload bonus of 20%

Up to $500 100% free play rollover 20x

25% cash bonus 3x rollover.

I also have 2 books at reduced juice

im missing a book that offers 50% cash back on net losses. Does anyone have any suggestions on solid books that offer this type of offer? I would appreciate the help, I haven't come across anything that is similar to this type of offer before. I am a Canadian resident and I use the top 2 rated books for the reduced juice.

I have poker bonuses and casino bonuses as well at 100% but I figured the sportsbook is most important to list.

Good luck with your bets guys

DwightShrute · 08-30-13, 06:18 PM

fact: the guys that cash out the most and most often are the ones that take smaller bonuses or no bonuses.

timbaland99 · 08-30-13, 06:43 PM

Originally posted by DwightShrute

fact: the guys that cash out the most and most often are the ones that take smaller bonuses or no bonuses.

Thanks for your positive contribution to this thread. Wasn't sure how I was going to get through my day without it.

DwightShrute · 08-30-13, 06:50 PM

Originally posted by timbaland99

Thanks for your positive contribution to this thread. Wasn't sure how I was going to get through my day without it.

anytime and keep adding your amazing insightful contributions coming as well. You probably prevented dozens of bettors from losing everything they own. You likely saved a few lives as well.

SBRMAN23 · 08-30-13, 06:54 PM

Best answer don't take it lol

easyliving · 08-30-13, 07:08 PM

go all in on a -110 line and double your deposit

DwightShrute · 08-30-13, 07:11 PM

bottom line is simple. The smartest players, ones that actually get payouts, avoid big bonuses. They decline them totally or take small ones. There is no disputing that fact.

We all get the allure and appeal of the big bonuses. Yeah I got a huge bonus! Woo hoo! But it's not like getting 15 beers for the price of 12.

Think about if you go to the track one day. You bring $500 with you and another guy brings $500. You both bet the same horses all day except you got a 100% match bonus on your money while the other guy just has his $500. You both win a few races and are each up $3000. The other guy goes home with his 3K while you either lost it all because you had to keep on betting or you have to come back another day to complete the rollover. Who do you think loses more money every year?

timbaland99 · 08-30-13, 07:11 PM

That sounds accurate, given that the two offers I have posted are on the first page of the forum. I definitely don't force anyone to take a bonus. I should probably be typing disclaimers with my posts shouldn't I? I am asking for insight, so your comment is ridiculous

Try not to be such a negative nancy

timbaland99 · 08-30-13, 07:18 PM

Originally posted by DwightShrute

bottom line is simple. The smartest players, ones that actually get payouts, avoid big bonuses. They decline them totally or take small ones. There is no disputing that fact.

We all get the allure and appeal of the big bonuses but it's not like getting 15 beers for the price of 12. Think about if you go to the track one day. You bring $500 with you and another guy brings $500. You both bet the horses all day except you got a 100% match bonus on your money while the other guy just has his $500. You win a few races and are up 3000. The other guy goes home with his 3K while you either lost it all because you had to keep on betting or you have to come back another day to complete the rollover. Who do you think loses more money every year?

My wagers are made regardless of rollover requirements. I have multiple books available to me and if I need money from them, then I would just withdrawal from one of my other books. Your comments are assuming that ALL of my money is tied up in books with rollovers. I have 3 reduced juice books that do not have ANY bonus offers or any rollover requirements. I could understand if I put ALL of my money into books with a bonus rollover requirement, but, with me personally, that is not the case

DwightShrute · 08-30-13, 07:20 PM

you started with the sarcasm actually. No biggie. I don't wanna get into a pissing match with you or anyone. Am I being negative? I don't think so. I am just giving you insight to what I know is true. Take it for what its worth.

Large bonus takers do win betting sports no doubt, but those guys don't need them to begin with and are in the top 1% of bettors. Sharps. They will take huge bonuses if some book are willing to do it but reputable books won't give them these large bonuses.

DwightShrute · 08-30-13, 07:21 PM

Originally posted by timbaland99

My wagers are made regardless of rollover requirements. I have multiple books available to me and if I need money from them, then I would just withdrawal from one of my other books. Your comments are assuming that ALL of my money is tied up in books with rollovers. I have 3 reduced juice books that do not have ANY bonus offers or any rollover requirements. I could understand if I put ALL of my money into books with a bonus rollover requirement, but, with me personally, that is not the case

great and I wish you lots of luck and I hope you kill it this year. We all plan on it. I plan on it also. Surely you at least understand what I am saying. I am just adding my 2 cents worth is all. Eh.

timbaland99 · 08-30-13, 07:22 PM

I dont make wagers JUST to meet a rollover with the risk of losing the balance. I play with money that I can affford to lose a.) Without it bothering me and b.) Without it affecting my quality of life

DwightShrute · 08-30-13, 07:24 PM

Originally posted by timbaland99

I dont make wagers JUST to meet a rollover with the risk of losing the balance. I play with money that I can affford to lose a.) Without it bothering me and b.) Without it affecting my quality of life

good advice for sure. You are in the vast minority however.

timbaland99 · 08-30-13, 07:31 PM

Thanks

gl as well. I stay away from the small books giving out ridiculous offers and I make it a point to stay with reputable books. I think everyone should only play with A RATED BOOKS. If the companies offering the two larger bonuses were not connected to a large bookmaker*

then I would not have looked twice at them. I consider it free money to play with

DwightShrute · 08-30-13, 07:38 PM

Football - 171 Alabama -19½ -110 for Game

Its at 20.5 now but still worth it

You're welcome

timbaland99 · 08-30-13, 07:50 PM

Thanks

timbaland99 · 08-30-13, 10:39 PM

I have looked for Doug's thread about this topic and cant find it anywhere. I have spent 4 hours searching. If anyone is able to help me find it or can post a link, I will give you 5 sbr points. It's not much,just my way of saying thanks