Risk Free In Play Bet calculator (for Bet365 offers and the like)

Posted this in another thread, but thought it might be useful for a wider audience, so here is a link to a calculator I built to help me decide how to do the Bet365 risk free in play bet offers…

https://docs.google.com/spreadsheets/d/1w5R_pcq_08TvWby0AlNnoLLoFyY1kVppLfWCKS96w6o/edit?usp=sharing

It is a Google Sheet, but you won’t need a google account to access and use it.

I am confident that it is bang on, but please feel free to point holes in my sums/numbers if you spot anything wrong.

Goes without saying that you use it at your own risk, and that you should always refer to Matt’s blog posts about these offers as he definitely knows his apples!

Hope it is helpful for some of you 🙂

Cheer,
Tony

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Tony
10

December 8, 2015 at 11:40 am

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Mark 1 December 8, 2015 at 3:28 pm

Nice one thanks Tony, I built my own a few offers back, would be good to know if it throws out the same numbers.

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JDUBU 1 December 8, 2015 at 3:33 pm

cheers Tony

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Tony 10 December 8, 2015 at 4:27 pm

No worries folks 😀

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Cyber Hustler 0 December 8, 2015 at 7:03 pm

Tony you sound like you have some mathematical talent maybe you can help me

We only get the in play risk free bet equal to the amount of the pre match bet, correct?

Now that the odds have shortened for the draw a £50 stake @ 3.3 returns £165

Dividing those returns (£165) (minus £50) (£115) by odds for wolfberg 2.62 = £43.89 which is the pre match stake for the wolfberg win.

But now we are left with only £43.89 risk free on the in play bet. Am I looking at this correctly and if so whats the best way to remedy the situation?

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AVITTTT 0 December 8, 2015 at 7:07 pm

cheers Tony, great for when odds change.. wish i knew how to do them i would try and make one for acca bonuses

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Drogs 0 December 8, 2015 at 9:05 pm

Cheers Tony, it’s great! As I was using it I was confused by the numbers magically changing on their own haha but I realised it is public and everyone can edit it at the same time! I have managed to create my own, using yours as a template- extremely helpful, thanks again.

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Tony 10 December 8, 2015 at 10:34 pm

No worries.

Wish I understood acca bonuses, then I would do one! haha!

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Tony 10 December 8, 2015 at 10:36 pm

Hey, sorry I didn’t see you post until now, which is obviously too late 🙁

In this situation you would likely have to overbet your Wolfsburg back bet and adjust the other stakes accordingly. Unfortunately the spreadsheet doesn’t do that for you (yet!) so you would have to make manual adjustments and calculations to balance the books.

Sorry again for not replying sooner

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Tony 10 December 8, 2015 at 10:38 pm

Haha! Yeah, I was watching it being used for a while earlier today and only then did I realise that was going to be a problem! Oops.

Like you have done though, people can just pinch the formulas and logic of it and make their own very easily.

Glad it was useful for you mate 😉

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Cyber Hustler 0 December 8, 2015 at 11:20 pm

No worries Tony, I figured that was the way which is what I done.

I lumped £50/£25 on the pre match 365/ladbrokes I didn’t even up the stakes though I left it lobsided so the wolfberg win made me around an extra £20 between the 365 and ladbrokes offer.

I think tonight was the busiest matchbetting session I’ve had since I started. a Lot of bets over just two games (both 7:45 KO) with 4 different bookies and betfair. Plus the two In play on Hills. Phew……!

Intense

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Tony 10 December 18, 2015 at 9:03 pm

Little bump as this might help some folk with the Bet365 offer on Monday night 😉

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abbasinho 0 December 19, 2015 at 3:45 pm

I reckon you’d make a little more by simply backing/laying the in play. You won’t be reliant on the draw in play odds.

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78naD 2 December 21, 2015 at 10:51 am

Bump, and thanks Tony

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78naD 2 December 27, 2015 at 9:22 pm

This is on again tonight night so another bump deserved on this.
Thanks again Tony.

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Tony 10 February 14, 2016 at 9:01 pm

Little bumpage in light of Bet 365’s return to the ring ??

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