Legality of hedging a free play

[ayuntalo]

ok..i have seen on sbr homepage that there is a free play calculator..
for example
you have a $100 freeplay and you will bet it on a +300 dog at BOOKIE-xxx
and you will hedge to another book and bet $232 to a -340 favorite at BOOKIE-zzz
you will now have a guaranteed $68 cash out of the $100 dollar freeplay..

now my question is, is this legal?
anybody have tried it before?

[citlec]

No its not legal. Just don't be a idiot and play the same match at the same book. Its very common, its called bonus scalping.

[Thremp]

It is perfectly legal.

[peterd78]

of course it's legal, it guarantees a profit but if you are a winning bettor it doesn't make sense, also be careful a lot of freebets don't give you the stake back with your return.

[Ruifgalmeida]

legal, but bookies can limit you or kick you out.It is also a risky business some bookies like to cancel winning bets.

[Hareeba!]

ok..i have seen on sbr homepage that there is a free play calculator..
for example
you have a $100 freeplay and you will bet it on a +300 dog at BOOKIE-xxx
and you will hedge to another book and bet $232 to a -340 favorite at BOOKIE-zzz
you will now have a guaranteed $68 cash out of the $100 dollar freeplay..

now my question is, is this legal?
anybody have tried it before?

how could there possibly be any "law" against it
just make sure you do it at a different bookie
I always scalp free plays, just plain commonsense to get the best value out of them

[katstale]

another one of those trick questions? mofo is that you?

[HedgeHog]

At some Books, betting the FP on Dogs greater that +200 may not be allowed--so read their rules carefully.

[RonPaul2008]

ok..i have seen on sbr homepage that there is a free play calculator..
for example
you have a $100 freeplay and you will bet it on a +300 dog at BOOKIE-xxx
and you will hedge to another book and bet $232 to a -340 favorite at BOOKIE-zzz
you will now have a guaranteed $68 cash out of the $100 dollar freeplay..

now my question is, is this legal?
anybody have tried it before?

Nothing wrong with that, just wouldn't do both sides at the same book.

[gangeriver]

definitely legal. who cares? there are two different bookies. but there some risks that they can close your account.it reminds me a Betus bonus complaint. A customer took 1000$ Kansas City royals moneyline with his freeplay(+140), Betus closed his account after KC Royals had won. I'm not sure but I guess the customer took Royals's rival from antother book.you can use this method especially is there a RLM

[Halifax]

ok..i have seen on sbr homepage that there is a free play calculator..
for example
you have a $100 freeplay and you will bet it on a +300 dog at BOOKIE-xxx
and you will hedge to another book and bet $232 to a -340 favorite at BOOKIE-zzz
you will now have a guaranteed $68 cash out of the $100 dollar freeplay..

now my question is, is this legal?
anybody have tried it before?

Hedging a free play, like Absinthe, is illegal in 47 States as well as Guam and Saipan.

[brumbies]

I still don't get how hedging results in guaranteed winnings. What if the big favorite lost? Yes, I will win money from the free play book but aren't I staring at a huge rollover? It's not like I can withdraw it straightaway.

[Hareeba!]

I still don't get how hedging results in guaranteed winnings. What if the big favorite lost? Yes, I will win money from the free play book but aren't I staring at a huge rollover? It's not like I can withdraw it straightaway.

I don't think anybody has said it's guaranteed ?

Are you saying that the book adds the profit from the fp to your rollover ?

[brumbies]

I don't think anybody has said it's guaranteed ? Are you saying that the book adds the profit from the fp to your rollover ?

The threadstarter said so. No what I mean is that if the dog that you bet with the fp hits, you have to wager 6x to 8x rollover on the winnings before you can withdraw.

[omahamoneymaker]

I just turned $500 in free play into $350 by doing this strategy. Usually several options every night with ML's in 300-500 range.

Managed to win all of them at MB so don't have to worry about a rollover on any of it.

At one of my other books I had several hundred in free play and did big ML dog's and hit both of them so about 2K in winnings and have to rollover 10K now.

[djefferis]

Great idea in theory, results in actuality very.

Can it be done profitably, yes. Is it that easy always, no.

A few tips:

A. Books aren't dumb. They know a bonus scalper very quickly. Some are fine with them, others (5D) not so much. You bet +480 tennis dogs, never betting a fave or dog of +150 a few days in a row you will be marked fast.

Most books offering nice freeplay bonuses have very specific rules. BP doesn't allow dogs/faves over -/+ 200 or more than 3 team parlay. BO is major sports/straights only with no buying points and ties lose.

B. Matchbook is a must if you do this. The juice kills you scalping, matchbook saves you this. Also, every loser in free play needs to have a winner on the other side. Books don't like winners. You'll be setting yourself up to get booted winning one place. MB is not a book, win all you like there, they get their commision and are happy.

C. Be prepared to get burned. Books offering big bonus are the ones most likely to have "payout issues" don't deposit more than you can afford to lose

D. Reserve as needed. If you deposit a nickle and plan on playing +400 dogs, you need 2dimes plus on the other side. Don't play it all at once, no more than 30 percent at a time. Scalping is an art. Go all in and you could be staring at you entire roll stuck with a 15x ro in a shitty book.

E. Read every post you can from the experts here. I learned a lot from them. Not going into names, but there are plenty.

[djefferis]

One last thing,

Get a heritage acct if you can, and BOL

Heritage has get out of your bet at halftime promo. BOL has mulligan bets for football at the half. Great tools for the scalper when things aren't going well for your favored side at the half.

[odysseus]

One last thing,

Get a heritage acct if you can, and BOL

Heritage has get out of your bet at halftime promo. BOL has mulligan bets for football at the half. Great tools for the scalper when things aren't going well for your favored side at the half.

what's a mulligan bet?

[chivemmali]

what's a mulligan bet?

The “Mulligan Bet” allows you to “cancel” your wager on a real-money straight bet (Moneyline, Spread, Over/Under) on a regular-season NFL game and get your bet back.

[King_Suckerman]

One last thing, Get a heritage acct if you can, and BOL Heritage has get out of your bet at halftime promo. BOL has mulligan bets for football at the half. Great tools for the scalper when things aren't going well for your favored side at the half.

And how does one get a Heritage account?

[djefferis]

And how does one get a Heritage account?

Contact them and apply..perhaps your name is on their list. They had a promo with another site this summer. You applied through the site, and if accepted got a nice promo. Not sure if they are taking more clients now..they are very tight with membership to keep our players they prefer not to service.

[frankthetank]

I understand the logic of hedging, always have. But I never do it. I am a gambler at heart. i want all or nothing baby. But that is just me... and when I have hedged a few times in the past, I just don't get the same thrill.

[ucbearcats1027]

thats a dumb way to do it big time

[csm506]

legal yes but you may get warned at first and if you do it again they will toss you.