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  • Sportingbet - Eng V Germ £20 for £10

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Thread: Sportingbet - Eng V Germ £20 for £10

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  1. 27/06/2010 09:09 #11
    Landprofits
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    There's not a lot in it, but here is how you do it. I think you're looking for a straight answer

    You understand that when you back/lay, if you're matching out a qualifier....you take the potential return from the back bet and divide that by the lay odds.....right?

    Step 1. Estimate the value that you could possibly get out of the £10 SNR. I would estimate 70% = £7.

    Step 2. Figure out what you're potential return could be from the qualifying back bet. I'm looking at odds of 2.625 right now on England. £20 x 2.625 = £52.50.

    Step 3. Subtract (potential) value of the SNR from the potential return of the qualifier. Thus £52.50 - £7 = £45.50.

    Step 4. Divide that by your lay odds. I'm looking at lay odds of 2.7 on England right now, I adjust for 5% commission so the odds I use for the purposes of the calculation will be 2.65. Thus £45.50 / 2.65 = £17.17. That's your lay stake.

    If England win, I will make £3.33 [£32.50 profit from the winning bet and (-£29.17) loss from the lay].

    If England lose, I will lose (-£20) on the back bet, but win £16.30 on the lay. That leaves me (-£3.70) down but with a £10 SNR to come. £7.00 - £3.70 = £3.30.
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  2. 27/06/2010 10:17 #12
    Landprofits
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    Quote Originally Posted by triplea View Post

    FYI I only use the simple matcher.exe spreadsheet,
    In that case just enter whatever profit you can get out of the SNR in the stake forefit box.
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  3. 27/06/2010 12:43 #13
    cleaner
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    My simple approach is to use what BF site offers and back England on SB £20 @ 2.50 (bad odds, btw), which could give profit of +£30 (or loss -£20), then on BF click lay England, then click link "liability", put £28 into the box which produces £16.87 backer's stake.
    Job done.
    If bet wins, then P/L is: +£30 on SB less £28 on BF = +£2 and no more fiddling with freebet
    If bet loses, then P/L is: -£20 on SB plus £16.14 on BF = -£3.86 with freebie to come which should return cca £7 thus giving total P/L = +£3ish
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  4. 28/06/2010 20:00 #14
    Landprofits
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    Free bet vouchers are in.
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  5. 28/06/2010 20:28 #15
    Hippyer
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    mine isn't
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  6. 28/06/2010 20:36 #16
    diana11
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    Mine isn't either
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  7. 28/06/2010 21:31 #17
    tartantipster
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    Nor mine.
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  8. 28/06/2010 21:37 #18
    Kranz
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    I received £10 account credit, non withdrawable.
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  9. 29/06/2010 00:36 #19
    Panda
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    Same here, £10 account credit.
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  10. 29/06/2010 15:38 #20
    tartantipster
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    Emailed 30 minutes ago, replied, Freebet coupon now showing.
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