How to use Bonus Play !

[Doug]

Is there a reason to use this method if you were going to make the same bets with your own money if you didn't have the freeplay?

If you were to play only 3 teamers over straight bets it is mathematically sound to do so in theory, but it adds a lot of volatility. It would only be OK if played at a -110 shop and they had the best line on each game.

I advise against using using 3-team parlays for normal bets. You will often find the best price at 3 different places on the 3 bets using lower than -110 vig, free half-points, etc.

I often play two team parlays on the same game, but not 3 teamers ( or higher). If you have a place that pays 7-1 on them, I'd consider it, but there are only about 2 places that do that, and one (BCN) is a crappy book, I can't remember the other place.

 

[Higgory4]

Lets say you won $11,000 worth of matchplay bets and you could break it up into any number of bets you desire.

Here's one good way to use it.

Play all 8 ways on a 3-teamer ( with half-point lines)

$1375 to win $8250 on each. One must hit yielding $8250 !


If you broke the $11,000 into 100 plays of 110 to win 100, and went an incredible 82-18, you're 82 winners would pay $100 each for a total of $8200.

I can't pick 82%, can you ?


If book won't allow these bets, you could achieve similar results by even randomly picking 3-teamers, just bet many small 3-teamers, for example 500 3-teamers at $22 each, you'll hit about 12.5 % of them. For example 62 of the 500 hit for $132 each, yieding $8184.

Do not straight bet with match play, even worse is betting ML favorites.

Now that the Matchplay is done, you can play normally to meet any needed rollovers.

im still kind of trying to figure out how all of this works but basically, i have to bet the entire thousand dollars as well as go from 1000 to 6000 in order to be able to touch any of the money?

 

[TANG]

yes then after you give up your first born the money is yours.

 

[Doug]

im still kind of trying to figure out how all of this works but basically, i have to bet the entire thousand dollars as well as go from 1000 to 6000 in order to be able to touch any of the money?

Bet the thousand on a 3-team parlay ( with half-points in all 3 lines). Play it all 8 ways for $125 each, the won that wins will pay $750, then make your normal bets.

 

[Higgory4]

sorry to reply to you again doug, im somewhat new to the online sportsbooks and am just trying to figure out exactly what all of this stuff they are telling me means, i am planning on doing your three team parlay, i really like that idea, but in terms of logistics for me to be able to withdraw the money, after i wager a thousand dollars total, since there is a six times rollover, i then have to get it up to six thousand before i can withdraw any of it? thanks for all your help and in the help from the future!! its much appreciated!!

:toast: :toast:

 

[Doug]

sorry to reply to you again doug, im somewhat new to the online sportsbooks and am just trying to figure out exactly what all of this stuff they are telling me means, i am planning on doing your three team parlay, i really like that idea, but in terms of logistics for me to be able to withdraw the money, after i wager a thousand dollars total, since there is a six times rollover, i then have to get it up to six thousand before i can withdraw any of it? thanks for all your help and in the help from the future!! its much appreciated!!

:toast: :toast:

No ! The rollover means you must risk $6,000 total before you can withdraw, the parlay should count as $1,000 of that ( maybe not, you have to check their rules).

If you normally bet say $55 to win $50, then after about 91 bets ( assuming the first $1,000 counts) you can withdraw whatever is in your account, and the money is yours to do whatever you want with it, assuming you don't lose your starting money before then, it could be any amount. Make sure you know how to make every possible combination (8) of a 3 team parlay.

 

[Doug]

If you convert the $1,000 MP into the $750 balance, then straight bet, you'll need to win 52.4 % of your bets ( if for same amount) in order to remain at $750. $55 to win $50 is too high, it was an example, $22 to win $20 is probably better, for where I think you be at in the learning curve. You'd need to go about 119-108 to keep the $750, if you bet higher you'll likely bust out before rolling it.

Don't parlay as described after the first time, you'll just lose 25% of what you bet, it works on matchplay, but the MP no longer exists after the 1st parlay set. I assume you don't want to put up 3-4k and try to get out of this in one bet.

 

[Higgory4]

alright, that all makes very good sense, thanks for all the info and help!

 

[kidslick]

where is the guy that won the 15,000 dollar matchplay,, what has he done so far

 

[AlwaysKeen]

good thread...

 

[Fishhead]

good thread...

GREAT thread!

 

[iodds]

Options for playing a matchplay.

Doug has it pretty much right..


There are really 2 options - A parlay, a dog money line.


If you have 3 or four games you LIKE, take the parlay. If not, simply take big dog money lines that you like.

No need to play the parlay all 8 ways and piss of the book.

Simply pick 50 dog money lines of +300 to +400 and you'll hit 10-15 of them and do just fine.


Good luck.
Sean

 

[Journeyman]

Doug has it pretty much right..


There are really 2 options - A parlay, a dog money line.


If you have 3 or four games you LIKE, take the parlay. If not, simply take big dog money lines that you like.

No need to play the parlay all 8 ways and piss of the book.

Simply pick 50 dog money lines of +300 to +400 and you'll hit 10-15 of them and do just fine.


Good luck.
Sean

No links Sean.

 

[Doug]

Doug has it pretty much right..


There are really 2 options - A parlay, a dog money line.


If you have 3 or four games you LIKE, take the parlay. If not, simply take big dog money lines that you like.

No need to play the parlay all 8 ways and piss of the book.

Simply pick 50 dog money lines of +300 to +400 and you'll hit 10-15 of them and do just fine.

A lot of what I know was learned from Sean, he is very sharp ! Betting dogs like he says will achieve a similar ( likely better) result, even if picked somewhat randomly. Spreading it over many moderate dogs will achieve decent results, plenty of ways do do it. Most important factor is getting solid +odds on whatever you use the freeplay on, it should never be used on anything that pays less than +300, the higher the odds become the closer you get to making the freeplay worth 100 %, I simplified it to achieve a 75% return for those unfamiliar to using freeplays, which is far better than playing it straight.

Sean is a real smart dude... real smart, he's helped me a lot. I just tried to present an easier way for someone to use the MP, although I personally don't play 3-teamers 8-ways, it's far better than a side/ total at -110.

 

[ClubmanCoop]

Pending further review.... I have $2500.00 matchplay (4x rollover) courtesy of Rio/Skybook!!!!

How would you splitt that up?
Thought about the 3 game parlays or just trying to pick some ML dogs in Hoops and or follow ACE again next week

 

[Doug]

Not sure of Skybook rules, but most importantly odds need to be +300 or better, do that part and you played it correctly, split it over a bunch ( 50 ? ) dogs like ,Sean advises ( fine, with that), parlay it my way if you like, just get good +odds whatever you do, is the key !

 

[Doug]

Bump for Bigbet

 

[AlwaysKeen]

I don't think the big books mind the three team parlay eight ways...done it at betjam and they didn't care...I use this everytime now...thanks doug...

 

[Doug]

I don't think CRIS cares either, Christian seems to do it there. I actually do it with dogs or a parlay ( but only one way), taking the profit when it hits instead of 75% of MP value in real money. You'll be fine whatever way as long as the MP is used on something with big +odds.

 

[Fishhead]

Do you realize how many customers of CRIS/DSI are playing freeplay bonuses.........HUNDREDS upon HUNDREDS upon HUNDREDS.

The majority are not playing +130 and above ML dogs with their freeplays.