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Risk Free Bets

Hi all,

Just a quick newbie query about risk free bets.

When using the calculator for your qualifying bet, for a risk free bet, does it only assume you can extract 80% of the free bet as you’d still have to make the free bet if you lose your original bet?

How much difference is there between doing the original bet using the qualifying bet tab and then using the free bet tab if your bet loses?

If that makes sense to anyone can you please explain where I may be misunderstanding?

Thanks.

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MB Anonymous
1

April 11, 2016 at 5:25 pm

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MB Anonymous 1 April 11, 2016 at 5:49 pm

Or does underlaying at the exchange at the start allow for a profit at the bookie if the bet wins so you win either way? (May have just answered my own question there?!)

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deathstar 25 April 11, 2016 at 6:03 pm

I found this hard to get my head round to start with, so hopefully this will help.

To use the calculator, you need to understand how the bets work – when a bet wins the bookie give you the winnings plus your stake back. so back team A at 2/1 for £50 you get £150 back – £100 is your winning and £50 is your stake back.

Winning Stake Not Returned free bet would be £100, so the calculator works this out for you.

when choosing the risk free bet option it opens up the “cashback” box where you can put whatever value you like in.
HTH

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deathstar 25 April 11, 2016 at 6:07 pm

yes that’s the idea, choosing risk free and putting 80%ish in the cashback box IS underlaying. good for “free bet on lose” etc

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