goughie1966
Well-Known Member
- Aug 28, 2008
- 5,150
- 17,874
Signed up today. Never placed a bet in my life and just about to go through the training and see if I can get my head around it. Be a bit of fun if nothing else
New Betting Loophole – Quick & Easy Money With Profit Squad
- Thread starter Profit Squad
- Start date
Dinghy
Well-Known Member
- Jun 22, 2005
- 6,326
- 15,561
All as normal bets.
Time for Heroes
Well-Known Member
- Sep 5, 2012
- 780
- 1,250
See I thought I got the hang of this, but something in my head isn't adding up.
Example 1 - Dafabet new sign up offer, deposit 30 and get 30 free bet.
Profit Squad suggest using stake not returned on calculator for first bet, detailing the profit as £19 regardless of result in this case.
My bet lost with the bookie, which meant I deposited 30 pound with dafabet and only won 20 on the betfair side (the lay stake the calculator told me to use). In effect I am 10 pound down at this point?
I then used the free bet to make £22, which doesn't tally up with the initial calculator information.
I make it:
First bet (£10 loss)
Second bet (£22 win)
Profit £12
My issue with this is if I chose stake returned on the initial bet I would have made a better profit (due to different lay stake). Yet I have the inevitable feeling I am missing something here?!
Please advise on what I am doing wrong!
Example 1 - Dafabet new sign up offer, deposit 30 and get 30 free bet.
Profit Squad suggest using stake not returned on calculator for first bet, detailing the profit as £19 regardless of result in this case.
My bet lost with the bookie, which meant I deposited 30 pound with dafabet and only won 20 on the betfair side (the lay stake the calculator told me to use). In effect I am 10 pound down at this point?
I then used the free bet to make £22, which doesn't tally up with the initial calculator information.
I make it:
First bet (£10 loss)
Second bet (£22 win)
Profit £12
My issue with this is if I chose stake returned on the initial bet I would have made a better profit (due to different lay stake). Yet I have the inevitable feeling I am missing something here?!
Please advise on what I am doing wrong!
delpiero
Well-Known Member
- Aug 5, 2011
- 639
- 659
Ok, so the Dafabet offer offers a refund if your £30 bet loses with them. If you placed it as Stake Returned and the bookie bet won, you would have lost around £1 on your back/lay qualifier and NO free bet would be issued.
That's why you need to SNR the initial bet, which underlays and provides guaranteed profit.
In your example, you deposited £30 of your money into dafabet, placed the bet and lost the £30.
The exchange won you £20, so like you say, £10 down overall. But...
Dafabet then refund the £30 as a free bet, so you have around £50 in total but the free bet needs to be staked to withdraw.
£30 bet placed SNR and won £22 so down to £42 total from the initial £30 so £12 profit.
If the bet had won with the bookie then the underlaying on the exchange would have provided the total profit and the free bet wouldn't be granted. With that offer PS state between £12 and £23 profit, so I expect your two matches weren't extremely close, what were they?
Time for Heroes
Well-Known Member
- Sep 5, 2012
- 780
- 1,250
Thanks for your help mate.
My first match was a crapper, 3.4 to 3.65. I had a spare 5 minutes and thought why not!
My main problem with this particular offer is that I would have been better off winning on the first bet profit wise, so if I knew before hand I wouldn't have bothered betting on any old thing and instead been more selective with my choice.
delpiero
Well-Known Member
- Aug 5, 2011
- 639
- 659
Yes, that's exactly where you went wrong, any Free Bet needs to be as high odds as you can go with your exchange funds. For example, had the first bet been at odds of 7.0, with the lay at 7.4 then the profit would've been more like £23/24.
Just double check how the free bet is awarded, as a general rule, if it's a refunds on losses then qualify at SNR and high odds, if it's Free Bet tokens then the qualifier should be SR, low odds.
Dinghy
Well-Known Member
- Jun 22, 2005
- 6,326
- 15,561
Betclic is mobile only offer?
al_pacino
woo
- Feb 2, 2005
- 4,576
- 4,112
this was what I signed up to https://en.betclic.com/freebet-welcome-offer-cspo_freebet_ga last friday and it was still up when my qualifing bet settled(I think). I had no luck with the betclic live chat.
mark87
Well-Known Member
- Nov 29, 2004
- 36,269
- 115,401
Had another result from casumo just now.
Got a total of £12.50 from the 20 free spins you get each day after signing up, turned that £12.50 into £271.50 monopoly money which I have just withdrawn, add that to the £48 I got from the sign up and I have got £319.50 from casumo
Got a total of £12.50 from the 20 free spins you get each day after signing up, turned that £12.50 into £271.50 monopoly money which I have just withdrawn, add that to the £48 I got from the sign up and I have got £319.50 from casumo
mark87
Well-Known Member
- Nov 29, 2004
- 36,269
- 115,401
.....And it doesn't stop there. I took Bwin up on their 100% bonus deposit up to £50 offer, so I got an extra £50 after depositing. I bet the whole £100 on Austria beating Slovakia, laid it with betfair and it was a draw, thus making me a nice £44 profit with betfair. a good night for me.
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delpiero
Well-Known Member
- Aug 5, 2011
- 639
- 659
I've had a shit week, every EV offer I've done has lost me money including the Bet365 Vegas NCO and I couldn't even back a winner in the Chan 4 races on Sunday. Plus my last Bingo NCO lost me £4 lol.
I know it's just a blip but I'm going back to just Sports NCOs for a week, still got quite a few to work through.
I know it's just a blip but I'm going back to just Sports NCOs for a week, still got quite a few to work through.
- Jun 8, 2003
- 28,028
- 65,151
- Admin
- #760
Not done any NCOs for a week or two but spent a bit of time understanding the horse racing. Made a couple of hundred from the dutching and the free bet refunds in the last few weeks.
I'd expect by the weekend to be around a grand up overall and that's without spending much time doing anything (not touched accumulators yet which along with dutching seem to be the two long-term sustainable methods of making decent money).
Putting in effort, I can easily see a grand per month being possible and certainly a few hundred a month for not much effort.
