Intro to maximizing freeplays at sportsbooks
I wrote this whole ****ing thing and then it erased.
I think it is pretty well known around here how to maximize freeplays or atleast come close to maximizing. A simple search will do that for you. However, for all the new people signing up and getting freeplays through SBR, I thought I would show some examples how to use freeplays and which way is the best imo. Ofcourse, I am no genius at sportsbetting, so if I am wrong and/or messed up in a few areas (I'm sure I will) someone please correct me because we do have so many smart people here.
For simplistic sake, lets say you just bought a $100 freeplay at the SBR store for BetPhoenix and you want to maximize your return to start a bankroll there. Here are a few options you might have:
1.) Risking it big on parlays/teasers because this is a small amount and you want to hit it big. Remember, we are trying to get a bankroll started here, so lets throw this option out.
2.) Risking the $100 on a football game. This will give you a return of $90 50% of the time if you are "guessing", so your return would be $45 per $100freeplay. If you think you can hit 60% in football on certain plays, your return will then 60% of $90, or $54 per $100 freeplay. Obviously variance and risk of ruin are way high here and we are trying to BUILD a bankroll.
3.) Risking $100 on $10 bets on football games. The above holds true with less variance but lets give a for example:
$10 bets to win $9 (throw out the .09 to make it simple). You have a great run and go 7-3. That is $9 won 7 times, or $63. Congrats, you had a great run, and got 63% of your freeplay.
4.) Risking $100 on a 3 team parlay in which every team is involved. The key here is to find the lowest possible lines, i.e 10 cent lines. There are 8 combinations of 3 team parlays: 2^3 or:
Team A vs Team B, Team A vs Team B, Team A vs Team B where the commas denote different games.
The outcomes would either be: AAA, ABA, ABB, AAB, BBB, BBA, BAB, BAA.
To put this is real perspective today for NHL games:
Sharks -110 vs Rangers EV
Kings +128 vs Stars -138
Canucks +107 vs Oilers -117
You would then parlay each of the above scenarios 8 times. Since you have $100, divide that by the number of games (8), and you get the amount you should risk each game, or $12.50
Lets say you get unlucky tonight and all 3 favs win. You would be GUARANTEED $63.83. As in example 3, you went 7-3 and only got $63, this way, you are guaranteed that $63.
Now, what if all 3 underdogs win? You would win $105.49
Any amount to win is possible between $63- $105.
You have absolutely no risk in number 4 and you are guaranteed $63. Why not start your bankroll like this? Even if you gamble up the money, its better to have the cash than the freeplay to start out.
As I said before, I'm a noob and probably messed things up which someone can correct. I think it would help all the other people just starting up and is very common. Some people might get mad I posted this but it is plastered all over the forum (which is where I learned it. thank you SBR), I don't know why this post would make a difference. I am just showing it step by step.
Now go win some money
(Im not proofreading either since my second time typing this so deal with it)
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Originally Posted by eberetta1
