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 Post subject: Free bets
Posted: Thu Jan 14, 2010 9:17 pm 
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Joined: Tue Jan 12, 2010 12:48 pm
Posts: 25
Hi Guys

I am looking at the terms and conditions for a free bet and it says:

"The amount of the deposit – including the first deposit bonus - must be wagered at least three times, before bet-at-home.com can authorise a withdrawal."

I know how to take advantage of straight forward offers but I don't understand this type.

How do I use this?

Cheers


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 Post subject: Re: Free bets
Posted: Fri Jan 15, 2010 8:55 am 
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Joined: Mon Jan 04, 2010 1:40 pm
Posts: 3
That is the rollover condition - the condition that you must fulfill if you want to withdraw your profits from that betting site. That means that you have to bet three times the ammount of your deposit before you make your first withdrawal request.

So, if your have deposited 10€, you need to make a sum of bets up to 30€ before you can request a withdrawal.


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 Post subject: Re: Free bets
Posted: Fri Jan 15, 2010 1:13 pm 
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Joined: Fri Dec 04, 2009 5:10 pm
Posts: 43
ntrailz wrote:
Hi Guys

I am looking at the terms and conditions for a free bet and it says:

"The amount of the deposit – including the first deposit bonus - must be wagered at least three times, before bet-at-home.com can authorise a withdrawal."


If you deposit £10, then this deposit...PLUS the deposit bonus (say it was £10 too), must be wagered 3 times.

So, you would have to wager 3x £20 before being able to withdraw...(so...you would have to wager £60 in total...single bet or a series of bets)


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 Post subject: Re: Free bets
Posted: Fri Jan 15, 2010 1:20 pm 
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Joined: Tue Jan 12, 2010 12:48 pm
Posts: 25
What is the best way to take advantage of this condition when using free bet methods?


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 Post subject: Re: Free bets
Posted: Fri Jan 15, 2010 1:40 pm 
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Joined: Fri Dec 04, 2009 5:10 pm
Posts: 43
Basically you place a BACK bet at the bookies and LAY it off at an exchange for a small green (if you are unbelievably lucky), or a 'break even' (very, very lucky), or a tiny red (the most common occurence). The idea is that you can take a small loss on your overall bet...but you gain because of 'free' bet that the bookie gives you.

For a really good explanation of how the whole thing works, you can look at Bet72.com or, for even more info (lot of reading) MoneySavingExpert.com


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 Post subject: Re: Free bets
Posted: Fri Jan 15, 2010 1:42 pm 
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Joined: Fri Dec 04, 2009 5:22 pm
Posts: 20
ntrailz wrote:
What is the best way to take advantage of this condition when using free bet methods?


Lose the bet, that way it is all at your exchange. No rollover :)

Add your deposit to the bonus you get multiply the figure by 3. That is your rollover amount, if you have enough funds ,contact cs first to ask, you should be able to do it in one hit. A lot of bookies allow that but check 1st.

P.S
Any minimum odds specified.


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 Post subject: Re: Free bets
Posted: Fri Jan 15, 2010 2:26 pm 
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Joined: Fri Dec 04, 2009 5:10 pm
Posts: 43
Good point stormswift about losing the bet at the bookies so that the money stays at the exchange. I have to say that my experience has been that the money is invariably where I don't want it to be and I have to search around to find the correct odds situations re: bookies/exchanges to allow me to eventually withdraw profits.

All part of the learning curve...


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 Post subject: Re: Free bets
Posted: Tue Jan 19, 2010 9:58 pm 
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Joined: Tue Jan 12, 2010 12:48 pm
Posts: 25
I have another one I don't know how to make the best off.

BetClick are offering new members upto £20 back of a losing stake. For example, I have joined and now need to deposit £20 into my account. I have to place a bet with that and if it wins I get it all but if it loses I get my £20 back.

This means that there is no qualifying bet.

So, my thoughts are to try and place a bet on say football with the dog being about 4.x in odds. I will lay this in Betfair and hopefully the dog won't win. This would mean that I will get my money in Betfair and get my £20 back from BetClick.

Here are some maths (I think :))

Football - Aston Villa v Blackburn
Aston Villa - 1.68
X - 4
Blackburn - 6.6

If I back the draw and it loses I will win my £20 from Betfair and be refunded my £20 from BetClick. However if its a draw I lose my money from betfair and get my winnings from Betclick which is essentially a scratch deal.

I get the feeling I should just go for something that isn't a favourite but still possible. If it comes in I win and if it doesn't I get my money back and move on

What dyou guys think?


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 Post subject: Re: Free bets
Posted: Wed Jan 20, 2010 5:18 pm 
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Joined: Wed Dec 09, 2009 8:57 pm
Posts: 6
I haven't done this one myself but an example of how to do it is given on the bet72 site that Dak mentions above. I think it was about 5 days ago under the "Latest Free Bets" section.

Hope this is of use.

:D


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