Cashback!!
October 15th, 2015 at 6:25:11 PM
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If we could get it ,how much cashback on our losing bets in sports betting would we need to make a profit? 10% ,20%?
Also ,if we compare cashback in casino or sports which one is more impactful?
Also ,if we compare cashback in casino or sports which one is more impactful?
October 16th, 2015 at 2:53:05 AM
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What is the play if we are receiving 20% cashback on our net losses in our sportsbook account each month?
How many units do we bet and what is line of stoping betting each month?
How many units do we bet and what is line of stoping betting each month?
October 16th, 2015 at 3:18:48 AM
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Can you make 1 big bet?Quote: zuti6What is the play if we are receiving 20% cashback on our net losses in our sportsbook account each month?
How many units do we bet and what is line of stoping betting each month?
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
October 16th, 2015 at 5:03:22 AM
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Axel are you saying my best bet is to bet it all and if lose wait for next month and if win quit or?
October 16th, 2015 at 7:50:45 AM
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Is this a repeatable thing? Do you get 20% back per month? I'd imagine you need to find a line that is close to a 50/50 as to find the lowest "house edge" possible. If you can get a house edge of 5 or 10%, but you're getting 20% back, I hope you can easily realize that whatever you bet you'll have a 10% edge (or more) on... Thus if you fire off a huge bet your EV is 10% (or more) of that bet.
Again, can you do this every month or is it a one time thing on 1 bet?
Again, can you do this every month or is it a one time thing on 1 bet?
Playing it correctly means you've already won.
October 16th, 2015 at 8:17:28 AM
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Quote: zuti6What is the play if we are receiving 20% cashback on our net losses in our sportsbook account each month?
How many units do we bet and what is line of stoping betting each month?
Bet on team X at your cashback sportsbook. Bet against team X at a different sportsbook. Assuming both are the same pointspread even laying 11 to 10 you can lock up a defined profit.
October 16th, 2015 at 2:16:43 PM
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Well,Romes, assuming I could do it every month? Also I dont see having 10% edge on house since half of the time I win so that 20% does nothing so its more like 10%-their 10% which is 0% and if more bets their small 10% rake eat out my starting amount,no?
October 16th, 2015 at 2:17:30 PM
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Interesting idea SOOPOO
October 16th, 2015 at 2:44:29 PM
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If it's one time only I suggest you bet the +EV 1/2 parlays in the B&M casinos then when you have the option to hedge you now have a good hedging situation.
Have your buddy get an account with 20% loss rebate as well (preferably at a different place) then bet opposite sides of a game. There's places that even have 1/2 the vig.
Have your buddy get an account with 20% loss rebate as well (preferably at a different place) then bet opposite sides of a game. There's places that even have 1/2 the vig.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
October 16th, 2015 at 3:28:41 PM
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Axel,how much profit would that yield on average?
Also what if its not one time?
Also why a friend .Perhaps it would be me opening 2nd account or did you say friend cause sportsbooks frown upon arbs or?
Also what if its not one time?
Also why a friend .Perhaps it would be me opening 2nd account or did you say friend cause sportsbooks frown upon arbs or?
October 16th, 2015 at 3:58:03 PM
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You can't bet both sides on the same account (well maybe you can). But with a 2nd account you can bet both sides and both get a 20% on losses. Find something with 5% vig. Look around at other online books so you can find better lines perhaps a good middle situation.Quote: zuti6Axel,how much profit would that yield on average?
Also what if its not one time?
Also why a friend .Perhaps it would be me opening 2nd account or did you say friend cause sportsbooks frown upon arbs or?
Perhaps you know someone betting games all ready. You book the action for them on the site, if they lose you make the 20% for yourself. If they win pay them because you have the win from the site.
Remember the 2nd account with a friend thing on the same site is risky because that may be obvious what you're doing.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
October 17th, 2015 at 9:45:23 PM
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Quote: SOOPOOBet on team X at your cashback sportsbook. Bet against team X at a different sportsbook. Assuming both are the same pointspread even laying 11 to 10 you can lock up a defined profit.
Ding Ding Ding!!! Winner.
Example: Bet $5500 on patriots -110 at one casino and bet $5500 against patriots -110 at other casino. Half the time you lose $500 the other half you collect $1100 in cash back.
At my age, a "Life In Prison" sentence is not much of a deterrent.
