![]() ![]() A free play bonus is less attractive than a cash bonus because it means you will not get your stake back if your bonus bet wins. These bonuses generally fall into two categories: cash bonuses or free play bonuses. Most online sportsbooks will offer new customers an attractive sign-up bonus in a bid to stand out in a crowded market. The conclusion which could then be drawn from this is that betting a freeplay at +200, and hedging at -215 would be a better usage of the freeplay than betting at -110 and hedging at +120. This means that you would have captured 49.59% of the notional value of freeplay. After clicking “Calculate” you see that the proper hedge bet under these circumstances would be $82.64 and the locked-in profit would then be $99.17. Now compare that to the same $200 freeplay, bet at -110 (entered into the “Freeplay Line” box) and hedged at +120 (entered into the “Hedge Line” box). This means that you would have captured 63.49% of the notional ($200) value of the freeplay. When you click “Calculate” you see that the proper amount for the hedge bet would be $273.02 and your locked-in profit would be $126.98. ![]() For example let’s say that a book offers you a $200 freeplay which you bet at +200 and hedge -215, You’d enter $200 into the “Freeplay Size” box, +200 into the “Freeplay Line” box, and -215 into the “Hedge Line” box. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |