[dherd]

i have a $1,000 free play bonus. i have already met the rollover requirement (i saved the free play until the end).

i had intended to use the free play on a couple of college football games i have picked out by making two straight bets of $500 each.

someone (at the sportsbook) suggested that "smart players" parlay their free plays.

i would like to have some feedback from the smart guys on here as to how you use your freeplays.

considering it is harder to hit a parlay and that two single bets or three single bets pay more than a two or three team parlay (assuming you let it all ride on each game) i am always inclined to make straight bets.

what is your thinking?

[rm18]

best use is longshots, whether parlays or bid dog

[whatsgood5]

A 3 team parlay in which you do every single option for 1/8 of the FP, would give you a guaranteed 75% ($750)return. However, this could very well be considered FP abuse, so I would not recommend doing all 8 legs.

What I would do, is do 4/8 legs of a 3 team for $250, then if you win you'll get $1500. Therefore you have a 50% chance of having $1500, whereas if you just made 1 $1000 bet on something -110, you'd have a 50% chance of having somewhere around $900.

[LostBankroll]

Thats great advice I would place it on a 10 teamer and cash big.

[whatsgood5]

best use is longshots, whether parlays or bid dog

Make sure you check with the site first to find what their FP rules are though. A lot of sites will accept the bet, but it is still against their FP rules for more than a 3 team parlay, or a straight bet of any dog/fav more than +/-200. Sites like that will also not allow more than a +/-200 to be included in a parlay with the FP as well.

[rm18]

i know that is bet phoenix group, but still can get 20/1 there

[whatsgood5]

i know that is bet phoenix group, but still can get 20/1 there

BetPhoenix follows the rules I described for FP's.

[dherd]

thanks for the input. anyone else have any ideas?

[sundin4prez]

if it was me, i would do the 3 team in the 8 possible options... if not that i would just play them in straight wagers that your confident in..

[ZetaPsi808]

i do this...

http://www.sbrforum.com/Betting+Tool...alculator.aspx

[Ced's shadow]

Another couple options you can do:

A vs. B
C vs. D
E vs. F

With the freeplay, do (4) 3-team parlays of $250 each, where you like team A (which must win for this to cash) Its basically a straight wager because if Team A wins it hits.
So you would have:
ACE
ACF
ADE
ADF

Again, this is basically a straight wager except this pays you 150% of your freeplay (If your A team wins, you get $1500 cash). Compare this to actually putting the $1000FP on Team A on an actual STRAIGHT wager you would only win $909 cash (NEVER EVER JUST DO A STRAIGHT WAGER w/the Freeplay).


Because some books don't take too kndly about doing the (3) 8 team parlays which guarantees (75%) cash you can do the following risk free wagering but it will pay you less (71%).
In conjunction with the above- in another book bet $781 to win $710 on team B.
If team B wins you win $710 cash and your freeplay (at the other book) is gone.
If team A wins, you lose $781 cash, but your freeplay parlay cashes for $1500, netting you $719.

Jerseyshopman knows

[chachi]

JerseyShop101 speaketh the truth ...

[Slim]

Diamond doesn't allow freeplays to be used on anything other than straight bets...

That sucks. Does Bookmaker do the same?

[astrodomer]

1st post

[chachi]

Perhaps it is just that the current 50% promotion has a more limiting structure attached, is the usual signup bonus generally more like 25% or 30% ?

And, you're welcome, the post well deserves a nomination for explaining the concept succinctly and clearly

[Herky]

lock up the money - 8, 3 teamers.

[rm18]

you can bet parlays at DSI