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Cashback on net loses

Make bookmakers cash cow machines
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arbusers
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Re: Cashback on net loses

Sat Nov 06, 2021 2:22 pm

Narkis wrote:
Sat Nov 06, 2021 2:22 pm
1 local bookmaker offers weekly cashback on net loses up to 15%
Is there any strategie to take profit from it or not?
Of course there s a strategy.
But what are the terms and conditions of this offer?
Narkis
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Cashback on net loses

Sat Nov 06, 2021 2:22 pm

1 local bookmaker offers weekly cashback on net loses up to 15%
Is there any strategie to take profit from it or not?
Narkis
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Re: Cashback on net loses

Sat Nov 06, 2021 4:42 pm

No limit for cashback, its weekly, min 10 bets to qualify for them ( no 1 huge bet strategy here per week), max 15% but its unreal, 11 or 13% is reality.

Need rollover cashback 5x on odds 1.7...
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Re: Cashback on net loses

Sat Nov 06, 2021 4:46 pm

Edit: no rollover on cashback on losses.
Just they give also depending on your net loses bonus with rollover...

So cashback is your instanly.
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Re: Cashback on net loses

Sat Nov 06, 2021 4:51 pm

If someone has good strategy on it, you can also pm fir security reasons!

They are part of big growing platform where other skins also offer similar cashback. About those other bookies i dont know, but this my local is in offline businnes for 30 years and thats sure they will pay...
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Re: Cashback on net loses

Sun Nov 07, 2021 4:09 am

I have a bookie that give me 10% on net win/loss in the form of a free bet every week. I use the free bets and bet both sides of a match to convert to cash.
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Re: Cashback on net loses

Sun Nov 07, 2021 4:52 pm

Narkis wrote:
Sat Nov 06, 2021 4:51 pm
If someone has good strategy on it,...
Looks nice offer but I cant understand for sure , you have to be more detaily about it ...

Lets say your book maker has good commition that offers 1.90 - 1.90 odds on a 50-50 event ...
And lets say you play 10 bets randomly on 1.90 odds... 10 euros each .
If you win 5 and loose 5 as expected by random choice , they will return 15% of 50 euros on lost bets ?
*this means 7.5 euros in free bet ? with no more restriction ?

This is a great scenario i think ... because you expect to loose 5 euros by your random betting (loose 50 win 45 on bets) but you can squeeze this 5 euros back from free bet.
Its not very easy because free bets must be played in bug odds (over 2 - better at 4) and need small commition but if you find odd 4.0 on your book maker , and 1.28 for other result on other bokie, you can sqeeze 5 euros sure profit from the free bet ... i think this is the most you can reasonably hope for.

Any way, if you can bet 1.90 -1.90 randomly and not expect to loose , its a perfect bookmaker with no commition !! if you can be better that random you will win . every market that has bad value in one result, the other will be equally good value ... tons of ways to get advantage.

But probably your book wont give 1.90 - 1.90 odds... so will be hard to win.
Maybe is not sharp tho and you can get 1.95 on your book and 1.95 on another book for opposite results... this will also give you same 5 euro loss .
This wlll have no value to choose, and you must just hope to loose more than 5 bets in our 15% loss offer bookie to get profit.
You can force that if you find like 3.0 odd on your book , and 1.46 on another for opposite result .. not very realistic tho.
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Re: Cashback on net loses

Sun Nov 07, 2021 6:01 pm

I think your matchs are wrong. If i have in account 100eur and i place 10 bets for 10e on 1.5, then my balance after your example will have 90e abd that means only 10eur net loses.... i think more realistic is try to find bets from -1% with pinn or exchanges and figure something out from that. Need to have some bankroll managment and if bookie wins, lets have some + on soft side...

Maybe someone is expierenced bettors have some strategie?

P.s. no conditions on cashback, no max cashback.
And yes, they are enough sharp but its still soft bookie...
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Re: Cashback on net loses

Sun Nov 07, 2021 6:24 pm

Narkis wrote:
Sun Nov 07, 2021 6:01 pm
I think your matchs are wrong. If i have in account 100eur and i place 10 bets for 10e on 1.5, then my balance after your example will have 90e abd that means only 10eur net loses...
I mean if you play 10 games in 1.90 odds each and 10 euros per bet and will win 5 , is 50 euros * 1.90 = 95 euros.
also loose 5 games, so 50 euros loos will get 15% in free bet , so 7.5 free bet that you can get even if you win 5. . total 100 euros again
(and is really 0 commition market with this 1.90 .... if you get the value you win, cant expect more from a bookie)
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Re: Cashback on net loses

Sun Nov 07, 2021 6:29 pm

Maybe i dont know what is net losses, but... if you start week or day with 100eur ir balance but after betting you have 90eur, then your net losses is 10eur.

Also, if i lose 5x10eur, then my loses is 50eur.
If i win 5 bet with 1.9 odds, then i have 45eur winnings from those bets.

Net losses = winnings - loses, right?
50-45=5eur net loses and they give cashback on net loses.
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Re: Cashback on net loses

Sun Nov 07, 2021 6:46 pm

yes sorry you are right , thats what net loses is, not what i assumed.
(so not posible to take advantage since you have to play 10 bets)
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Re: Cashback on net loses

Sun Nov 07, 2021 8:03 pm

In theory you can play several small bets and then at end of week place 1 big and cover if soft wins you have pluses, if you lose you get cashback but this wont work for long. If bookie wins you mostly will get limited, if lose, they will pay cashback until you start hit them...

In theory this works but in reality?
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Re: Cashback on net loses

Mon Nov 08, 2021 9:40 am

So if you have to place 10 bets, then there are Terms and Conditions, otherwise you could place just 1 and arb it out calculating the cash back.
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Re: Cashback on net loses

Mon Nov 08, 2021 9:51 am

In this situation is there any way to take profit from this offer?

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