how do you attack a WR
Say you were faced with a WR of £1000 to get £100 bonus, odds min of even. How do you personally tackle the WR?
Split into smaller bets and underlay?
Try one bit bet with underlay?
Go for broke?
1 huge bet on long odds?
Just curious as I wanted to hear diiferent peoples strategies?
I only match what I deposited and have the bonus mugged, so I either bust out for break even or do the WR with a much bigger profit margin.
Divide it into 10 even sized bets, aiming for choices around 2s (close but over).
Originally Posted by triplea
Pick things I want to happen/or not to happen depending on whats going on.
Underlay it so that when I am correct I make more than when I am wrong. Underlay by up to 10%, worse case is I get all ten wrong, well I come out with nothing then, oh well. Every winner is a bit more profit.
I would try to hit it against a different site where I am also clearing a wagering and/or trying to bust out of to kill two birds with one stone.
Have a plan and stick to it
I presume your dividing the WR into 10 bets...?
I would usually deposit £1k and match it in one bet. Depends though - for instance I would only do that if I trusted the bookie. Maybe I'm just lazy :/
If the bonus wasn't instantly withdrawable, I would underlay accordingly.
If I thought there was a risk that the bookie might not pay out, I would do smaller underlays.
Yep that's what he said, so £1k is 10 £100 bets for Andy.
Me, depending on the bookie and how much I like / dislike winning it's always a big Underlay.
Bet at home reload made me £55 from a £90 bonus, underlayed big on a not particularly close match 4/4.2 type of thing i think. It's
Optional but that's my strategy.
If it was b365 I would underlay alot less; something like an Expekt £15 bonus I either wouldnt underlay at all or would mug.
So in short it depends on the bookie. For a decent sized bonus there is almost always a strategy that makes the bonus worthwhile.
A wise man told me don't argue with fools, cos people from a distance can't tell who is who ~ Jay Z
Depends on lots of factors, most of which are interdependent:
- How big is the WR compared to the size of the bonus?
- How easy is it to make a profit from wagering (ie arbs)?
- Does the book do this reload regularly (ie can I go straight back in with another reload if I bust out of this reload)?
- How likely is it that the book will pay out at the end?
Some of those factors will take precedence sometimes, so for example if the book does regular reloads then it's time to load up the bustomatic and try and bust out on the first bet for a small profit if it loses (in which case I can go back in and reload for another bonus, rinse/repeat) or make a much larger profit if it wins (in which case I will be compensated for having to complete the (usually large) WR).
Similarly if there's a book with an unknown history then it's plausible to either not lay anything off or do what Andy suggested above or something in between so you don't tie up too much extra money in that book.
For less riskier books it usually depends on how easy it is to make a profit from arbs. If they're a gold mine then I usually just underlay to break even if the bet loses otherwise make a profit on each arb and grind through the WR, making zero or little profit on each arb on top of the bonus.
Alternatively if it's an 'exchange' book (exchange in terms of a 'reference' book with good/no limits/good prices that can be used as an alternative to an exchange) - for example Bodog88 at the moment - I will usually just use the book as I would normally - ie for b88 just using them to lay off arbs at other books, not making a profit if it wins at b88 but otherwise making a much larger profit if it wins at the other book. Reasoning being that I'm not likely to get limited at the exchange book, I don't mind a reasonable sized balance being held there and I want to make winning at the other book a premium (since I will get limited there eventually if I win).
That said though with b88 I'm rethinking that strategy and starting to skew my bets so they make much larger profits at b88 if they win now since they're starting to annoy with the way they accept bets at different prices to that which you agreed to (and generally take ages to accept bets which gets risky/costly near the off / if the market is moving fast). Also I get the feeling there's a chance they might actually start bringing in the limits at b88 after all so don't want to get stuck there with a large WR to complete on limited sized bets.
With that in mind I'm also thinking of loading up the bustomatic on b88 now even though I'm nearly half way through the WR - so dump the full balance on the next bet when that's possible to make a fair loss if the bet loses at b88 (but I'll be thankfully out of there and still be up on the wagering + initial bonus) or make a large profit on that bet if it wins (in which case I'll have to carry on with the WR but at least I've bumped up my profit on that book to compensate).
So that last example with b88 goes to show that there isn't always one single obvious strategy and things can change over time.
Assuming I trust the bookie, I bet the balance with a big underlay.
If wins I bet the balance again, with a smaller underlay as less WR to complete if wins.
Continue until bust or WR complete.
For $ or Euro accounts if the bonus has only marginal value, I lay only enough to cover my deposit, so only make significant profit if the bets win. This counters any possible losses from currency exchange rate charges.
post wr bonus then? i go for 1 large bet on footy normally so something i "like to think" i know something about, pick a home team at or as close to evens and underlay even if it means im having a pretty big punt. generally speaking that would be how i do most offers... normally works well for me.... lost £440 on a canbet £120 deal this month.... so perhaps not the best advice ever! lol
Pretty much agree with what munk has said.
Couple of examples of how i'm approaching B88 and BAH
B88 (£305 for £85)
Deposited and rec'd bonus over a week ago, but haven't bet yet - two reasons haven't found a good enough arb yet, and I want to get most of my wr @ 10bet done before possibly ending up with a large chunk of cash in both places. When i do bet, i'll be looking for something like a 2.0/2.1 dutch (2.1 on the B88 side, the 2.0 being out of line at probably Coral or Lads) and will underlay for +£49 or -£10. If i do win @ B88 I might go for a second bust, as reading info on them £800ish bets seem to be allowed.
BAH (£90 for £90)
Deposited and rec'd bonus when first announced, but again haven't bet yet, as can't withdraw until 8th March (i think). When i do bet there, will be looking at a back/lay (hopefully using SMarkets if it's still 1%) at odds > 3.0, so maybe on a draw or on an outsider. Assuming a match of 3.4/3.5 with full balance on, I'd probably lay £150 for +£57 or -£32.50.
So i guess summing up i always tend to go with an underlay, but the amount of underlay will depend on my opinion of how arbable the odds are and the size of the wr.
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