32RedSport Welcome Offer Advice 100% Profit Boost
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32RedSport Welcome Offer Advice 100% Profit Boost
Hi
Fairly newish to this, I have done some of the welcome offers successfully, however the 32RedSport offer’s terms and conditions are baffling me. Can anyone explain a bit better and the maximum you can extract and how to do it?Much Appreciated
+0January 12, 2017 at 7:41 pm
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New to matched betting?
My Matched Betting Academy is the best place to get started. Learning the fundamentals takes 10-15 minutes and you’ll make £15 in the process.
Learning the fundamentals takes 10-15 minutes and you’ll make £15 in the process.
I haven’t done this offer, I don’t think it was available when I signed up to 32red, I don’t think it’s that great, however…
Your winnings are increased by the percentage you select. It has to be an in-play bet, the max boost is £100 and you have to opt in.
For example if you select “100% boost on max £10 bet” and find an in-play bet that is 11.0 (or 10/1). If the bet wins, you’ll win £200 (£100 because it’s 10/1 and £100 because of the 100% boost).
I think the optimum boost would be “60% boost on a max £50 bet”. Try to find an in-play bet with odds of roughly 4.32 (decimal) that has similar odds at the exchange, bet £50. If that bet wins, you win £256.60 (£166 from the bet plus £99.60 from the boost), which is 6.312 (256.60/50 + 1) as a decimal.
You can then use Matt’s calculator to work out the appropriate lay. Say the lay on betfair is 4.4…
Back £50 at (an effective) 6.312
Lay at 4.4and then the calculator tells you to lay £72.55 for a guaranteed £18.92.
Hope that helps.
+1Yes, that explains it a bit better
Thanks+0Great explanation Mr Crispy.. Remember theres a £100 cap on the profits. 60% on 50 means the absolute largest back you can go for is ¬4.3 if you go over that ur going to go over the £100 mark.
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