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Cash Bonus Vs Freeplay Bonus Strategy

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viking2
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Cash Bonus Vs Freeplay Bonus Strategy

Wed Oct 28, 2015 6:08 am

what is the proper strategy on these?  I gotten freeplay bonuses but rarely gotten cash bonus.  Freeplay you only get winnings.  So how does it work with cash bonus then?
ajeto
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Re: Cash Bonus Vs Freeplay Bonus Strategy

Wed Oct 28, 2015 10:19 am

Free play you only get winnings, cash bonus you get stakes returned.

Calculate yourself and see the difference.

http://bonusbagging.co.uk/calculator.php#
Thordin
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Re: Cash Bonus Vs Freeplay Bonus Strategy

Wed Oct 28, 2015 10:36 am

simplier, when its stake not returned, use your normal calculator but slash the odds by 1.

So if odds selected are 4.50 insert 3.50 on the calculator.

Obviously, you need as high odds as possible to get better value out the free bet.
ajeto
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Re: Cash Bonus Vs Freeplay Bonus Strategy

Wed Oct 28, 2015 12:46 pm

Obviously, you need as high odds as possible to get better value out the free bet.
Yea, but if the winnings are subject to additional ROR, then you risk to end with very high ROR  requirements. Some bookies can make your life difficult then.
viking2
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Re: Cash Bonus Vs Freeplay Bonus Strategy

Wed Oct 28, 2015 5:19 pm

I want to use 2 examples.


Situation 1


Bookie offers 20% freeplay bonus up to $100.  You deposit $500 and get $100 Freeplay bonus.  Rollover for example is 5x so $3000 total stake.  So everyone here would then bet the freeplay and the deposit all in at once right?  For example look for bookie where you get +120 odds.  So risk $100 freeplay to win $120.  Then risk $500 to win $600.  So total $600 to win $720.  Then look for a bookie where you can bet other side at -120 odds.  That way you risk $720 to win $600?  Or what should the risk to win amount should be?  Because you want to lose at the bonus book that way you win the freeplay bonus amount at book 2 right?  And of course that way there is no rollover you have to clear?  However, what happens if you win the all in bet at the bonus book?  Even if you clear the bonus... do you even profit anything?  There is one time where i lost my deposit and bonus at bonus book in 1st bet... so i profit whole freeplay balance 100% at book 2.  But the times that i win my bet at bonus book... isn't it true even when i bust that bonus book account, i dont profit at all?  I know freeplay is worth like 60-72.5 percent value.  However... is the math and bet size im doing wrong here when using the freeplay with my example of $500 deposit and $100 FP and i try to lay the other side?



Situation 2


Same example and numbers.  But let say its a $100 cash bonus and 10x rollover.  Thus $6000 rollover.  How does one do this when arbing?  Let say you found +120 odds at this book and -120 odds in another book that you want to lay.  Do you risk $600 to win $720 at this book and risk $720 to win $600 in another book?  However something is wrong here right since unlike freeplay, you get back your wager amount.  So how should the numbers be here?  Also you want to lose your deposit and cash bonus at this book very fast right since that way no rollover?



I try doing this but the math seems to be wrong for me in the freeplay example if i win the first bet.
viking2
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Re: Cash Bonus Vs Freeplay Bonus Strategy

Thu Oct 29, 2015 6:32 am

can someone tell me which part of my math is wrong here?
viking2
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Re: Cash Bonus Vs Freeplay Bonus Strategy

Fri Oct 30, 2015 4:58 pm

can someone tell me if my math here is wrong and where it went wrong?  I had thought the freeplay method i was doing correctly until i notice well if i lose the first bet, then it seems like even if i lose my balance there, i make no profit at all since the amount i lay in the other book make it seem so?
viking2
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Re: Cash Bonus Vs Freeplay Bonus Strategy

Mon Nov 23, 2015 6:53 am

anyone?
Alfa1234
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Re: Cash Bonus Vs Freeplay Bonus Strategy

Mon Nov 23, 2015 11:09 am

Durant
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Re: Cash Bonus Vs Freeplay Bonus Strategy

Sun Nov 29, 2015 1:39 pm

It is better to use freeplay bonuses on big odds. On the other hand I use small odds in my own non-bonus account

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