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-   -   Newbie: Check my pointspread arb calculation (http://archives2.twoplustwo.com/showthread.php?t=393746)

gotme 12-07-2005 09:28 PM

Newbie: Check my pointspread arb calculation
 
Team 1 -3.5(-115)
Team 2 +3.5(-105)

If I were getting a 10% bonus on both accounts.
If I were to place an even bet of say $300 on each team:

Team 1 wins: Win 255, lose 300, bonus 60 = 315 = $15 profit
Team 2 wins: Win 285, lose 300, bonus 60 = 330 = $30 profit

Am I getting this correct? Am I able to lose this bet at all?

Thanks.

playersare 12-07-2005 09:43 PM

Re: Newbie: Check my pointspread arb calculation
 
you won't be able to withdraw the bonus at the account you win at until you place more bets.

there is a way to make money on sports bonuses doing something similar to what you are thinking, but it's slightly more complicated and long term.

gotme 12-07-2005 09:46 PM

Re: Newbie: Check my pointspread arb calculation
 
What if the bonus had a 3x playthrough?

Bonus per account is $30 and I've wagered 10x times that per account.

Does that work?

DeucesUp 12-08-2005 06:08 PM

Re: Newbie: Check my pointspread arb calculation
 
Better check your terms & conditions because virtually all sportsbook bonus wager requirements are calculated relative to the deposit+bonus.

Thus a 10% bonus with 3X WR for a $30 bonus would have a wager requirement of ($300 deposit + $30 bonus) = $330 x3 = $990 per bonus or $1780 total for 2 $30 bonuses.


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