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Betfair offer

Make bookmakers cash cow machines
Namnam
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Re: Betfair offer

Tue Nov 25, 2014 7:30 pm

Arbusers wrote:
ppintaluba wrote: I don't know a calculator that considers free bets,
Here you are guys:
http://www.nrbet.com/matched-betting-calculator/#results-part2

You can find some more tools here:
http://arbusers.com/index.php/topic,112.0.html
Thanks! I'm not completely sure these calculators consider my example though, The Betfair offer is that any LOSSES at BF would be returned, so I somehow need to consider stakes on each side of the matched bet so I profit regardless if the stake actually is returned or not. I understand from a previous post that I should bet less on the site that does NOT offer this stake returned, but I have not understood exactly how to calculate it yet...
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Re: Betfair offer

Tue Nov 25, 2014 9:05 pm

The second calculator (part 2) from the first link almost works.
I mean. It assumes a bookmaker gives you a free bet, and you lay on the exchange.
In your case it's the exchange that gives you the free bet, so the commission is calculated on the wrong side on this calculator (maybe you can work it out, I didn't try a lot)

But you can simply write a few formulas in an excel to calculate the profit on both bets and just try some numbers until you get the right stake.
I'll send you a very basic one if you want.
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Namnam
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Re: Betfair offer

Wed Nov 26, 2014 8:14 pm

ppintaluba wrote: The second calculator (part 2) from the first link almost works.
I mean. It assumes a bookmaker gives you a free bet, and you lay on the exchange.
In your case it's the exchange that gives you the free bet, so the commission is calculated on the wrong side on this calculator (maybe you can work it out, I didn't try a lot)

But you can simply write a few formulas in an excel to calculate the profit on both bets and just try some numbers until you get the right stake.
I'll send you a very basic one if you want.
Sure, thank you!
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Re: Betfair offer

Wed Nov 26, 2014 8:59 pm

I would need your email. PM me. Regards.
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dwaynnyt
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Re: Betfair offer

Fri Nov 28, 2014 1:55 am

Is there a catch for this? Reading it also looks just too good to be true.
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Re: Betfair offer

Sat Nov 29, 2014 11:33 am

dwaynnyt wrote: Is there a catch for this? Reading it also looks just too good to be true.
The promo is ended, but there were no catch. I got 2000SEK as promised...

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