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Parlay bonus Parlay bonus

09-21-2021 , 05:38 PM
There are two different online books offering bonus's for large parlays. Once is offering a $10,000 free bet by going 10-0 on a parlay. Using -110 lines, there are 1024 combinations, at $10 each, $10240, winnings of $6400 for the parlay and a $10,000 free bet converted at 65% = $12,900 for a $2900 profit. Thoughts?



Another bonus is $500 free bet for the highest winning odds on a parlay. $1 minimum bet. Seven -110 bets has 128 combinations, pays $91 for the bet, plus pretty good odds that a 91-1 parlay will be the highest odds to get a $500 free bet. Thoughts on this one?

Anything I am missing in either situation. I'm sure I will be banned by one or both but they are sites I don't use much.
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09-23-2021 , 01:16 PM
You are very unlikely to get 100% equity on a free bet. If you have a free bet at evens, it will win 50% of the time meaning that your equity from a $10k free bet is £5k.

So ppl try to put these bets on long shots. If you put your $10k bet on a 9/1 shot you will get £90k 10% of the time, so your equity goes up to $9k.

The problem then is that you are v likely to lose, so ppl try to find bets where they can back a longshot with the free bet and hedge on a good fav. These are quite rare and with a $10k bet much rarer - and you might have to put $100k on the other side. This free money seems quite like hard work

edit sry I see that you realise that you won't get full equity - but it still might not be easy to get both sides on

Last edited by davmcg; 09-23-2021 at 01:22 PM. Reason: skim reading
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09-26-2021 , 01:01 PM
Second one seems like a waste of time to me unless the book has really low action. I doubt 91:1 has much of a chance of winning at all. There could be thousands of wagers placed for longer odds parlays.

First one seems likely that they just wouldn't award you the free bet and I'm surprised that they wouldn't explicitly forbid this in the T&C. Pretty much every T&C states that they can withold promotions from any particular player for any reason, or something to that effect, so I would worry they just wouldn't honor the freebet and you'd be out $4k. Not worth it.
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09-27-2021 , 02:12 PM
Quote:
Originally Posted by browni3141
Second one seems like a waste of time to me unless the book has really low action. I doubt 91:1 has much of a chance of winning at all. There could be thousands of wagers placed for longer odds parlays.

First one seems likely that they just wouldn't award you the free bet and I'm surprised that they wouldn't explicitly forbid this in the T&C. Pretty much every T&C states that they can withold promotions from any particular player for any reason, or something to that effect, so I would worry they just wouldn't honor the freebet and you'd be out $4k. Not worth it.
Yes, you are right on both counts, thanks for being the voice of reason.
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