mwalz9
mwalz9
Joined: Feb 7, 2012
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February 7th, 2022 at 10:19:02 AM permalink
If you had a $100 Risk Free Promo and you got back in site credit whatever you lost up to $100, what strategy would you use?

You only get back what you lose, net. The most you can get back is $100. It's 1x play thru requirement if you get the bonus.
TigerWu
TigerWu
Joined: May 23, 2016
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February 7th, 2022 at 10:50:59 AM permalink
What is your goal? To make that $100 last as long as possible? Or make as much money as possible with that $100?
mwalz9
mwalz9
Joined: Feb 7, 2012
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February 7th, 2022 at 10:56:03 AM permalink
To make money.
TigerWu
TigerWu
Joined: May 23, 2016
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February 7th, 2022 at 12:44:36 PM permalink
Quote: mwalz9

To make money.
link to original post



Bet all $100 at once on Banker in Baccarat to minimize the house edge eating away at it.
SOOPOO
SOOPOO
Joined: Aug 8, 2010
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February 7th, 2022 at 2:05:06 PM permalink
Quote: TigerWu

Quote: mwalz9

To make money.
link to original post



Bet all $100 at once on Banker in Baccarat to minimize the house edge eating away at it.
link to original post



I don think you understand his question. I believe he is referring to an online Sportsbook which gives out these free bets like they are going out of style. If it is a Ďfree betí like the one Iím talking about, you DONíT get to keep the $100 whether you win or lose. Only the winnings the bet generates. There has been much discussion on another thread, but to maximize EV you want to bet underdogs. The longer the odds the less impact not getting the $100 stake is. Iíve been betting two or three team parlays that pay at least 4-1. Iíve done well so farÖ
odiousgambit
odiousgambit
Joined: Nov 9, 2009
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February 7th, 2022 at 2:20:25 PM permalink
Quote: SOOPOO

Quote: TigerWu

Quote: mwalz9

To make money.
link to original post



Bet all $100 at once on Banker in Baccarat to minimize the house edge eating away at it.
link to original post



I don think you understand his question. I believe he is referring to an online Sportsbook which gives out these free bets like they are going out of style. If it is a Ďfree betí like the one Iím talking about, you DONíT get to keep the $100 whether you win or lose. Only the winnings the bet generates. There has been much discussion on another thread, but to maximize EV you want to bet underdogs. The longer the odds the less impact not getting the $100 stake is. Iíve been betting two or three team parlays that pay at least 4-1. Iíve done well so farÖ
link to original post

yeah, I didn't understand it at first but i think soopoo is right, it's the mis-named 'risk free bet'. there is definite risk of losing it all.

the best return is to pick a big underdog, with a caveat or two. I think it needs to seem a good bet, not "just anything". The other caveat is that even a good bet on an underdog has variance. The bigger the underdogs, the bigger the variance you will experience even though the player advantage has grown bigger.
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: ďThanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!Ē She is, after all, stone deaf. ... Arnold Snyder

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