Sportsbet Winning Margin Spread

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Sportsbet Winning Margin Spread

Postby eags » Fri Jun 04, 2010 12:47 pm

Crazy not to have a crack!!

Have a dip at the Winning Margin Spread on your favorite AFL & NRL teams this weekend and snack on a 2nd chance free bet up to $50 if your Winning Margin Spread wager loses.

The Winning Margin Spread market is where you back your team to win between certain point margins and get better odds, see table below for reference. A Draw is also a bet option.

AFL
1-19
20-39
40-59
60+

NRL
1-6
7-12
13-18
19+


Second Chance Spread Offer: Back the Winning Margin Spread on any AFL or NRL match this weekend. If your bet loses, we will refund your stake as a Free Bet.
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Re: Sportsbet Winning Margin Spread

Postby Mop Up » Fri Jun 04, 2010 12:48 pm

Whats the catch?

Seems bit too good to be true!!
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Re: Sportsbet Winning Margin Spread

Postby Q. » Fri Jun 04, 2010 12:49 pm

Time to lock in some profit!
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Re: Sportsbet Winning Margin Spread

Postby Wedgie » Fri Jun 04, 2010 12:52 pm

A great offer from our sponsor! I'm in! :lol:
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Re: Sportsbet Winning Margin Spread

Postby Mop Up » Fri Jun 04, 2010 1:06 pm

Quichey wrote:Time to lock in some profit!


It's a Friday and I can't be bothered working it out...

So could you PLEASEEE explain how your gonna do it
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Re: Sportsbet Winning Margin Spread

Postby Q. » Fri Jun 04, 2010 1:18 pm

Mop Up wrote:
Quichey wrote:Time to lock in some profit!


It's a Friday and I can't be bothered working it out...

So could you PLEASEEE explain how your gonna do it


Betfair.

I'll handball this to Mal or Dutchy if they wanna answer it.
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Re: Sportsbet Winning Margin Spread

Postby Smart Punting » Fri Jun 04, 2010 1:19 pm

Not as straight forward to lock in a profit as you can with a free bet on the line, cos there is a few more outcomes. Anyway i think this is a great offer, because you can also use it up to 4 times. So on 4 different games you can get the free bets. Max free bet you can get is $50, but you can get 4 so up to $200 of free bets.
The best outcome would be you plan on doing 4 games but place them just before the game. So on your first bet you put $50 on Saints 40-59 @ $4.25, make a profit of $162.50, so could just leave it like that then dont need to worry bout keep on betting. If you get 1 out of 4 you will break even or make a small amount then still have 3 free bets. So with the example before you could bet another $50 each on 3 games and still make $12.50 proit and then still have 3 X $50 free bets, or like i sad earlier plan on betting on 4 games but if you win on your first just take it.
Worst scenario you lose $200 but have 4 X $50 free bets. If you get 2 out of 4 or more, you will be laughing and have something in the profit of (for 2 out of 4) $230-$250 profit plus 2 X $50 free bets. Obviously depends on what odds you get, the favourites in thsi winning spread are arund the $4-$4.50 mark in most games. Hopefull everyone can take something out of it and good luck
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Re: Sportsbet Winning Margin Spread

Postby Dutchy » Fri Jun 04, 2010 1:40 pm

Easiest way is to do it with a mate, wife, partner's account combined.

Back Team A 1-20 with one account
Back Team A 21-40 with another account

Then LAY Team A 1-39.

Hope it loses and $100 in free bets coming your way which you can turn into ~$75 via BF.

After corrections you should add ~$70 to your bankroll.

Ill have a closer look tonight and let you know exactly what Ive done.

Also the closer to the game the better LAY odds you will get on BF
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Re: Sportsbet Winning Margin Spread

Postby Smart Punting » Fri Jun 04, 2010 1:56 pm

but dutchy, only your first bet on a game is eligible, so if you back team a for 2 different outcomes and they both lose u will only ge a free bet on one of them. but if thats what u mean about using a friend or partners account, well that means they are missing out on the offer then
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Re: Sportsbet Winning Margin Spread

Postby Q. » Fri Jun 04, 2010 2:00 pm

Smart Punting wrote:only your first bet on a game is eligible


Didn't realise that :(
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Re: Sportsbet Winning Margin Spread

Postby saintal » Fri Jun 04, 2010 2:20 pm

To lock in a profit from tonight’s game:

$50 initial bet on St Kilda 40-59 at $4.25
$40 on St Kilda 60+ at $3.50 (sportsbet..but wont count as one of your 4 eligible bets)
$55 on St Kilda 1-39 at $2.54 (betfair odds)
$20 on Richmond at $7.00 (betfair odds)

Scenarios:

St K win 40-59 = $47.5 profit
St K win 60+ = $25 loss
St K win 1-39 = $25 loss
Richmond win= $25 loss

With the bottom three scenarios, you will have a $50 free bet up your sleave, which can be used to betfair to guarantee yourself say $40+. So a $15+ overall profit.

A bit of mucking around for not a massive return, and if it’s a draw you’re screwed (I guess you could throw a buck or two on the draw to cover this), but it seems fairly solid.

Let me know if I made a mess of this 8)
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Re: Sportsbet Winning Margin Spread

Postby Dutchy » Fri Jun 04, 2010 2:37 pm

Smart Punting wrote:but dutchy, only your first bet on a game is eligible, so if you back team a for 2 different outcomes and they both lose u will only ge a free bet on one of them. but if thats what u mean about using a friend or partners account, well that means they are missing out on the offer then


2 bets on same game but different accounts, if both lose you will get a free bet on both accounts
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Re: Sportsbet Winning Margin Spread

Postby Smart Punting » Fri Jun 04, 2010 2:52 pm

but because you can do it on 4 matches no real point. even if you have 2 bets wit dif accounts still no gurantee to win AND only one of those bets can win. If u have 2 accounts all go on differenrt games you have 8 chances of winning. Using the 2 accounts could just make it harder for people, plus not evryone would have access. I ahve worked out a few ways, will post soon
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Re: Sportsbet Winning Margin Spread

Postby Smart Punting » Fri Jun 04, 2010 3:24 pm

Using the Collingwood V Bulldogs game as an example, using some of dutchys theory before. But keep in mind it all depends on what game, what the odds are and so on.

A- $50 on Collingwood 1-19 @ $4.25
B- $50 on Collingwood 20-39 @ $4.50

C- Lay $74 on Collingwood 1-39 @ $2.35 - actually $2.28 on betfair but their odds are $2.35 on sportsbet to use that as more accurate. Do $74 because then your liability is bout $100. ZYou can have it higher which mean you make more in certain results and less on others. Was easiest to do it this way

Example 1 -Say Collingwood lose or win by 40+

Lose $50 for A and $50 for bet B but gain a free $50 bet. Plus you make $74 on betfair - So u are -$26 with a $50 free bet

But fact is collingwood are favourites so them winning 1-39 is most likely result in this game

Example 2-Say Collingwood win 1-19

Profit $162.50 on A lose $50 on B and lose $100 on C- So profit $12.50 and thats it

Example 3- Say Collingwood 20-39

Lose $50 on A profit $175 on B and lose $100 on C- So profit $25

So with ex 2 & 3 it still depends on the result to what you win, so cant lock it in. But WAIT!!!

With Example 2- It would go as followed if yo placed bet A -Collingwood 1-19 first, but if you had done B first Collingwood 20-39 the so can add a $50 free bet to the result, same example 3, if u put B- Collingwood 20-39 on first then stays the same, but if you put A - Collingwood 1-19 on first you would add a $50 free bet. Because the rules were whatever your first bet is on the market is the eligible one. So say there was 3 other similar games and each time u get the result of example 3 - $25 profit and your lucky enough to place the bets in the order whih results best for you, you could then end up with $100 profit and 4 X $50 free bets.

well im sure that is confusing and it relies on so many results. So many different ways, no way though will gurantee you a certain amount. If your a confident punter then just go 4 $50 bets on 4 games. If the average odds were $4.50, if u get none your down -$200 but have $200 of free bets, if u get one u will profit abouy $25 and have $150 free bets. If u get 2, then you profit $250 with $100 in free bets, if u get 3 out of 4 then profit $475 with $50 free bet, and if your the luckiest person on earth and get all 4 bets correct you can make $700 profit.

But for if you get better odds for example Port Adelaide 1-19 @ $6, put $50 on that and it gets up your lauging. So you could go for underdog results and go for big cash.

Or you could just not worry about using this offer at all. haha :D

Hope this helped someone
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Re: Sportsbet Winning Margin Spread

Postby Trader » Fri Jun 04, 2010 3:56 pm

You guys seem to use betfair a fair bit, any of you laying st kilda in the match odds at the moment?
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Re: Sportsbet Winning Margin Spread

Postby mighty_tiger_79 » Fri Jun 04, 2010 4:04 pm

nah I just got on em at $1.16
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Re: Sportsbet Winning Margin Spread

Postby mighty_tiger_79 » Fri Jun 04, 2010 4:06 pm

and will hopefully get more on st kilda when they get closer to $1.20 if not a fraction higher
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Re: Sportsbet Winning Margin Spread

Postby Trader » Fri Jun 04, 2010 4:09 pm

Fair enough, would be interested to see who's pushing the saints out so hard.
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Re: Sportsbet Winning Margin Spread

Postby saintal » Fri Jun 04, 2010 4:36 pm

Perhaps this will work for certain profit:

$50 on St Kilda 60+ $4.5
$155 on Richmond +61.5 $1.27 (PYOL)

If St Kilda win by 60+ = 175-155= $20
If Richmond get within 61= 41.85-50 = -$8.15 with $50 free bet (= $40 or so)

Better and easier profit than the earlier method I looked into, large outlay though.

Oh, and if St K win by exactly 61pts…$$$ 8)
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Re: Sportsbet Winning Margin Spread

Postby Big Al » Fri Jun 04, 2010 5:24 pm

saintal wrote:Perhaps this will work for certain profit:

$50 on St Kilda 60+ $4.5
$155 on Richmond +61.5 $1.27 (PYOL)

If St Kilda win by 60+ = 175-155= $20
If Richmond get within 61= 41.85-50 = -$8.15 with $50 free bet (= $40 or so)

Better and easier profit than the earlier method I looked into, large outlay though.

Oh, and if St K win by exactly 61pts…$$$ 8)


problem with this is Saints are paying $3.50 for 60 plus not $4.50
I have just backed saints 60 plus not going to lay this one :)
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