Sporting Index - Existing user E-mail - double profits to £50

[Carson]

Check your emails as Sporting Index offering to double your profits to a nifty:


*Any net profits made on sports bets placed and settled between 09.00 Thursday 10th June and 23.59 Sunday 13th June will be doubled up to a maximum bonus of £50. Any monies owed will be paid into your account by 17.00 Monday 14th June.

May be account specific. There is a great spreadsheet floating around for this offer which I think I've lost so if anyone has it a link would be great.

[Andy]

This is NOT the best way to do it, but it is what I have done because it is the best way for me and the way I have always done it.

I have gone to the first Mexico/SAfrica match and the "Win Index" markets have 25pts a win, 10pts a Draw, 0pts a loss. I use that market because there are definite fixed outcomes so you know your profit/loss in advance. You do not get that with Over/Under markets for example.

So now I know enough constants to work out how much to bet and where, the constant at SIndex is they double the Net winnings to £50, so I want to be winning £50 normally then. The spread on the SAfrica Win Index is 10.5/12 so if SAfrica win I get 13 pts then (25-12) so to win £50 you do £50/13 which is £3.8ish (I will bet £3.8 a point).

Now I know the pt size to use to get my £50 winnings I can work out my liabilities, on the draw that is (12 - 10) 2 x £3.8 so £7.60 and on Mexico (12-0) 12 so £45.6 so I jot those down.

Now at Betfair, I have layed SAfrica for £47 @ 2.92 and the Draw £12 @3.35 which gives overall SAfrica winning -£77ish the Draw +£17ish and Mexico +£59ish.

Over the two sites that is SAfrica win +£20ish and thats that. Or its a Draw is +£10ish and I can try again it is NET winnings are doubled I am in loss now so can do the above again but setting a different stake first bet as I have a new constant. Or its Mexico which is £15ish and also try again now.


As I say not the "best" way, and also that may not be the best match odds wise it is just the first I saw and to look at other spreads/odds takes so much working out its not worth it that will do. Also it helps as I have other bets on that market. Anyway, thats what I did. Its an OK offer and at least a tenner in it and you can get more if you play about with it. I think that maths is right!

[Carson]

Think that's the right market to use Andy but if I recall correctly to get the most out of it you need to back a heavy favourite - obviously this increases liability but you should be able to get at least half of the bonus out of it. Was over a year ago since I did it so someone may recall better than I.

[DanielDares]

Andy, thanks for that...I didnt want to spend hours pouring over that either...a nice short sharp way to make a few £, even if there is a more rewarding way to do this, this tatic is certainly more time effective.....like it

[cruncher]

To follow Andy's plan do I buy (rather than sell) South Africas win index?

[Andy2J]

To follow Andy's plan do I buy (rather than sell) South Africas win index?

Yes.

There is more discussion and links to a spreadsheet in this thread:
http://www.thegamblingtimes.com/boar...s-ongoing.html

[Carson]

Best I got to in the end was Argentina to win which makes around £18 on any outcome. Really needed a very clear favourite like Chelsea to beat Burnley but will have to do.

[fudge]

Best I got to in the end was Argentina to win which makes around £18 on any outcome. Really needed a very clear favourite like Chelsea to beat Burnley but will have to do.

you can do multiple bets, i was on SA v Mex and lost at SI but made about 10quid through bf. but i can now bet again taking the fact i'm 10quid down (which might be a good thing, i'm not sure and don't want to work it out right now) into account

[DanielDares]

having a problem working this out, currently down between 5 - 10 pounds....so not sure how to work out the above....you wont start doubling up until you get back to your starting deposit....Think this puts you at a slight disadvantage

[Andy]

having a problem working this out, currently down between 5 - 10 pounds....so not sure how to work out the above....you wont start doubling up until you get back to your starting deposit....Think this puts you at a slight disadvantage

At SIndex I am down £7.60, so the next bet I do tomorrow (On the England game) I will do exactly as before but now I need to set it up so I win £57.60 if England win which will actually get boosted to £107.60. Then I do the other calculations as before (which I just guessed/rounded in my head for a few mins until it was all +£s and I will do again, when I do I will edit with exact figures I bet).

As we speak though I am +£5/£10ish from the offer.

EDIT =

England win Index is 20 to buy, so I want to win £57.60 to have NET winnings of £50 which will then be doubled to £100 so it will be +£107.40 overall for me if England win. To do that I buy £11.40 a point (£57.6 / 5).

So now I know if its a Draw I lose 10pts, so thats -£114 and if USA win its -20pts so -£228.

At betfair I have layed England to win for £150 at 1.54 giving £81 liability. I also backed the USA to win for £20 at 7.6 which wins me £132. So now basically
England win is: +£107 SI and - £101 betfair (£81 + £20) so +£7
Draw is -£114 at SI and +£130 betfair (£150 - £20) so + £16
USA win is -£228 at SI and +£282 (£150 + £132) so +£54

I think thats about right for me, takes it up to about £15 for the offer overall at a minimum (if England win) and increasingly more as England Draw or lose which will help cushion the upset of actually failing to beat the USA!