Ladbrooks 10% cashback on all tennis loses
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Any value in this one? If you can keep your ql’s to less than 10% of your total bet, surely worth a punt?
+0May 21, 2018 at 9:15 pm
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You’d need to factor in that your bet might win. So if your ql is 9% but there’s a 50/50 chance of your bet losing, there’s no value in that (because you only have 50% chance of 10% cashback).
If I were doing it, I’d lay to return 90% of my stake. If it loses you’d break even (after the 10% cashback) and if it wins you’d make some money on the underlay. You could keep going until you hit a winner, or reach a loss of £1,000.
I don’t bet on tennis but am aware that some bookies and exchanges have different rules on retirements, which is something else to check.
+0I made a load from this when Betbright used to do it (although I think they were 25%)
Back the short priced favs with big stakes (usually get a decent match on a few) and underlay, you can keep going it until you hit a loser and make a couple of quid per match.
Watch for retirements though, although if your guy retires you can hit a massive payout.
Sometimes worth going for the top players (who all seem to have niggly injuries) and hoping for a retirement, you are gambling with this method though.
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It’s net losses Bbobb, so your winners will end up reducing/removing the cashback when you hit a loser..
+0Yeah… ideally you don’t hit a loser. You have to keep increasing the stake to cover this.
Ended up bottling it myself when I couldn’t convince myself to put £2k on Djokovic at about 1.1 as I couldn’t get my head around retirement rules.
If I had placed the bet I would have been refunded my stake and paid on the exchange (I honestly don’t still kick myself anytime someone mentions retirement rules for tennis on here).
At least when you are backing the short priced favs the risk having to pay the exchange on a void bet is not so hard to take.
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Cheers Mr Crispy.
I didn’t think of approaching in that way by underlaying the winner. I may have a go with some smaller stakes to see how I get on.
Cheers
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Having thought about it further, my method doesn’t work… as when you hit a winner that will end up reducing the refund on earlier losers.
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Yeah I realised this when I was putting this first one on. I will go until I hit a loser. Taking account of the net refund by increasing the stake as per blobb suggested above.
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The only way to do this is to bet on the real underdogs against the big guns. Take as big a loss as you can 😀 (obviously only on ladbrokes)
+0just be sure on withdrawal rules
You don’t want to be £10 in on a 100-1 shot where the favourite withdraws and your bookie bet is voided but not exchange.
I’ve written before about tilting withdrawal rules in your favour by making sure the worst case withdrawal is your lower loss. Actually adds a tiny bit of EV with the withdrawal rules that way
PS we know you’re new and picking things up pretty well from your replies to posts…. we don’t need a new post for every gubbing or milestone. Or if you do stick them in general please.
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