Quote:
Originally Posted by 20Four7
I recently received a $200 free play bonus. I was wondering what the best way to use this. I know there is a ganchulator for calculating free play values. But was thinking since this is free money if taking a 3 team round robin might not be a good use of this. Was wondering how people use free play's.
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Keep your eyes open for near scalps on bets with a very long odds side offered at the freeplay book.
If you could find a +1000/-1100 market, for example, (and if you had the requisite free funds at the -1100 book to complete the hedge), your conversion rate would be 83.33%. (See my
freeplay value calculator.)
If you're unable to find a sufficiently large and hedgeable dog line (or simply don't want to tie up money on a hedge), you can always receive a risk-free 75% of the notional value of the freeplay by betting equal amounts on every outcome of a 3-team parlay at +600, or a sure 76.77% of notional betting equal amounts on every outcome of a 4-team parlay at +1228.3 (true parlay odds).
Generally speaking the parlay route is the way to go.