Friday, October 21, 2011

Free Bet & Bonus

IASbet are doubling up on thier bonus and returned stake promotion on the Cox Plate at Moonee Valley this weekend.


Here is my plan to take advantage of the $200 double winnings bonus


Moonee Valley R8 Cox Plate - #14 Helmet


IASbet - BACK Helmet $90 @ $3.2
Betfair - LAY Helmet $142.31 @3.5 (liability 355.78)
Profit $44.22


On the same race the also offer money back up to $200 so we have already calculated $90 stake for the bonus winning so we now calculate the balance.


IASbet - BACK  Helmet $110 @ 3.2
Betfair - LAY Helmet $70.13 @3.5 (liability 175.33)
Profit $66.67


So we now add these together so we can place just one bet


IASbet - BACK Helmet $200 @ 3.2
Betfair - LAY Helmet $212.44 @3.5 (liability 531.11)
GUARANTEED PROFIT $110.89

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