Betfair Exchange “Bet Streak” Offer
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Does anybody have a strategy to best use this offer?
Normally these offers are a one off, e.g. if your qualifying £10 bet loses (or wins in this case) you get a free bet. However this one is recurring i.e. if your £10 qualifying bet wins, you get a free £10 bet and if that free bet wins you get another free bet and so on (up to a maximum of seven days).
For the one off version of this type of offer I know to place qualifying back and lay stakes that take into account @£7.50 return on the free bet if that’s what the way the qualifying bet outcome goes. I would use the normal theory of looking for relatively short odds for the qualifying bet – although I’m not sure if that’s correct or what odds to look for if I get subsequent free bet/s?
Just wondered if anybody has thought this through to come up with an optimal strategy. I guess you can either target a short “streak” and max that out for about £5 or target a longer streak (via short odds back bets) to take a series of smaller amounts?
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