you are particularly right on this. however it was more of an example for a newbie to understand the mechanics behind it. of course if you place the bets on a higher prfile game it shouldnt be too much problems. however......everyone is doing this basically.arbusers wrote: risilloch above is very much correct with it.
But in my view you can overcome this barrier by placing your free bet on a live market (if allowed), or a large pre game market.
there is a smarter way anyway in terms of hiding from the enemy. time delayed multiple bets
some practice is absolutely essential here because you can get in trouble if you dont care what to combine
i just post a rather common example for extracting freebets or stake not returned bets
it depends on the given value if i chose a 2 fold accumulator or a three fold. the goal here is to multiply the value in a way that even if the bet wins and the stake is deducted that you have 90-100% of the freebet
Example (make sure the games are time delayed so that they dont overlap). Its possible to do 2 folds if they play at the same time but the odds need to be small enough from every bet
Bet1 : 15:00 MEZ Home Win @2 / Away +0,5 @2,06
Bet2 17:00 MEZ Home Win @2 / Away +0,5 2,04
Bet3: 19:00 MEZ Home Win @2 / Away +0,5 @2,06
Stake is 100,- with Stake NOT returned. If the Accu goes on to win we have a net Win of 2x2x2= 800,- . 100 are deducted from the Bookmaker which results in a net Profit of 700,-
The Way to hedge the Bets is to ONLY HEDGE the Stake plus the previous Loss !
First Bet : we only want our Stake back if its going to lose. Hence 100/1,06 = 95,
If the Bet loses we have secured 100,- i.e 100% of the Freebet. If not we have lost 95 and we need to add this for the second Leg at 17:00
We need to protect our Stake from the Accu PLUS our previous Loss. Hence (100+95)/1,04 = 188,-
If the Bet is lost we have won 195. Our initial Stake plus our previous Loss of 95. Again,we have 100% of our Stake not returned Bet. If the Bookmaker Bet is going to win we need to hedge our initial Stake PLUS the previous Losses for the final Part.
Bet 3: 19:00 (100+95+188)/1,06= 361,-
If the Bookmaker Bet has lost we have ,again secured 100% of our Stake not returned Bet . If the Accumulator is winning we have the following Result
First Loss: 95
Second Loss:188
Third Loss:361,
We have lost during the Process : 95+188+361 = 644,- ,however we have won 700 NET Profit with our 3 fold Accumulator,which even leds to an additional 56 extra Profit.
Thats the Power of multiplying Value. This Example is not very uncommon with some Bookmakers.
Attention needs to be paid tough
1) There is always the Risk of Odds Fluctuation (its safe to only cover 90,- from the possible 100 so there is a good Polster for eventual Odds Rises/Falls against us).
2) You need to make sure that the 2nd/3rd Leg can be covered limit Wise so only take some decent Markets. Especially for the 3rd Leg.
You need to paper trade this,especially with the usual 100 SNR bets because there is serious MOney involved in the 3rd Leg. It goes without mention that you need to be well organized to not miss a leg !
This Way i stake thousands with notorious difficult Bookmakers which otherwise would restrict your Account if you place the usual Style.