Jump to content

Gambling forum quick questions thread


Recommended Posts

Thanks for that.

I might set up two - A Ladbrokes one and a Betfair one. I want to limit the amount that I use though so I can make sure I know how much money I have and so I don't get carried away, but I think I'll go for those two.

Edit; I'll use your referral code later on, boss.

Edited by Smurph
Link to comment
Share on other sites

Thanks for that.

I might set up two - A Ladbrokes one and a Betfair one. I want to limit the amount that I use though so I can make sure I know how much money I have and so I don't get carried away, but I think I'll go for those two.

Edit; I'll use your referral code later on, boss.

Betfair has a good profit and loss feature which lets you see your profit on the day, a week a month and 3 months which lets you keep tabs on your spending. With ladbrokes it would be a case of keeping a spreadsheet yourself.

Link to comment
Share on other sites

Thanks for that.

I might set up two - A Ladbrokes one and a Betfair one. I want to limit the amount that I use though so I can make sure I know how much money I have and so I don't get carried away, but I think I'll go for those two.

Edit; I'll use your referral code later on, boss.

I've kept tabs on what I've deposited/withdrawn and when from each of them. I've been working my way through them all one at a time, which isn't hard to keep track of really. Bet365, Victor Chandler, William Hill, Ladbrokes, Paddypower, have all been done so far, and I'll be doing Betfred, Skybet and maybe 1 or 2 more afterwards.

As far as bonuses go, I forgot to mention before that William Hill's offer is really good. It's only a £25 free bet, but the odds of your qualifying bet and free bet only have to exceed 1/5, whereas for most of the others it's around evens. So you could basically stick your £25 on something that's guaranteed a win, and then be more adventurous with your free bet, and potentially win a decent amount.

Link to comment
Share on other sites

On the subject of bonuses, PaddyPower just randomly gave me a £20 free bet today.

I've only been signed up for a few weeks, have made use of their £50 free bet when joining, and £5 casino bet. I've actually profited from them since I've signed up, and now they're giving me this. Can't knock that kind of bonus. 8)

Link to comment
Share on other sites

Welcome to Paddy Power

Here at Paddy Power we appreciate our customers. To prove it, we have given you a free bet

Thats rights, a no-strings attached £20 freebet!

No need to deposit, no need to place 17 bets on obscure matches in the Premier League of Outer Mongolia. Just enter a promo-code as explained below and you will have a free bet to place on ANY sporting event of your choice. All we ask of you is that you enjoy it!

Your bet expires on March 25th, so hurry up and check below for details on getting your hands on it!

C&P from my email. All I had to do was put in a voucher code. :D

Only thing I can think of is that I had a fiver on Celtic today on there and obviously it lost. Might be something to do with that, but I'm not sure.

Link to comment
Share on other sites

They'll almost certainly identify it from your betting patterns.

If you only bet on certain types of events, or backed teams that were poor prices compared with what you could have got elsewhere, then that will have you marked down as a potential loser. Generally, the more free bets you get, the more you are likely to be doing wrong, even if in the short term you show a profit.

Link to comment
Share on other sites

Unlucky for them then that I was only there to make use of their free bet, and they've just given me another £20 free from which I won't be investing the majority of the winnings if it comes through. :lol:

Missing the point slightly.

Link to comment
Share on other sites

I don’t think I am.

Why do bookmakers give out free bets?

And how do they choose who to give free bets to and of what value?

Free bets are given out for customer retention. Give a customer who may otherwise leave a little reward, and you will increase their exposure to the site, make them feel valued, and improve your reputation with them. You thereby significantly increase the probability of generating repeat business. This may happen in a few different circumstances. It could be because the customer has complained, or the customer is losing.

In addition, free bets may also be given to low-risk customers. That is, customers who show trends of backing low value selections at low value prices. These customers eventually will lose because they are backing against value.

In the same way that backing value doesn’t mean that every bet will be a winner, but overall a profit will show, giving free bets doesn’t mean that every customer will make a profit for the bookmaker, but overall the bookmaker will make money.

A bookmaker gives out 10 x £20 free bets. 5 of the bets are losers. 1 person makes a £20 profit and leaves. The other 4 winners are retained by the site, and although they have won with their free bet, eventually the winnings from the free bet are lost. As long as the additional yield from these customers is more than £20 the bookmaker has made a profit out of giving the free bets out.

Note that there is a difference between an offer and a free bet. An offer is generic and is part of the PR / marketing budget. A free bet that one member gets but other members don’t is a retention tool. If a bookmaker randomly gives you a free bet that other members don’t get, and you haven’t complained, then double check how you bet, they have almost certainly identified weak betting patterns from you.

To think that they have given you a free bet because they are nice friendly people is nothing but naïve. The larger the free bet the more they have identified the likelihood they will make money off you.

There may be cases where someone takes a free bet and runs, that doesn’t mean the bookmaker loses money by offering free bets, and still indicates that they have spotted something in your betting that made them give you that free bet to make you bet with them.

Link to comment
Share on other sites

I never said your logic behind why they gave out the free bet was wrong. I was just making a joke about why their tactic isn't going to work on me, and you replied with "missing the point slightly", when in fact I wasn't missing the point, but rather choosing to pretty much avoid the point. :P

What you said actually makes perfect sense. I'm just not sure how they've come to conclude that I follow one of their "patterns" that would classify me as a losing gambler. I believe I've made 5 bets on that site in total, with 3 of them winning. 4 out of 6 when you include my RVB to beat Anderson in the darts tonight.

Link to comment
Share on other sites

I never said your logic behind why they gave out the free bet was wrong. I was just making a joke about why their tactic isn't going to work on me, and you replied with "missing the point slightly", when in fact I wasn't missing the point, but rather choosing to pretty much avoid the point. :P

What you said actually makes perfect sense. I'm just not sure how they've come to conclude that I follow one of their "patterns" that would classify me as a losing gambler. I believe I've made 5 bets on that site in total, with 3 of them winning. 4 out of 6 when you include my RVB to beat Anderson in the darts tonight.

The point I was making was that it wasn't unlucky for them, they will have factored that in to a yield expectation when they made the algorithm of when, who and how much should be given in free bets.

They will know and expect that some people will use the free bet and run, and those people can be factored in and still return a profit for the company.

Link to comment
Share on other sites

Will the top goalscorer for the SPL be Kenny Miller or is he void as he's left the SPL?

Bet placed with Bet 365. Can't access the website as I'm in work. Cheers!

I'm not 100% sure so someone might be able to confirm, but I think if he played over 50% of the SPL games then it would run.

Link to comment
Share on other sites

Will the top goalscorer for the SPL be Kenny Miller or is he void as he's left the SPL?

Bet placed with Bet 365. Can't access the website as I'm in work. Cheers!

He is a runner, as he has played in the SPL this season.

Link to comment
Share on other sites

Cheers for the replies. Have a greenie each!

I have a £7 treble that I had no hope for and never really bothered checking. Had a check last week and it had a wee chance if Miller was out the picture. Returns around £120ish if my memory serves me correctly.

Blackpool - EPL bottom finish

Gary Hooper - SPL Top Goalscorer

Inter Milan - Serie A League Winner

Link to comment
Share on other sites

Right daft question time.

If I were to put on a football coupon at a William Hill branch in Glasgow, would I be able to claim any winnings ( :lol: ) at a William Hill branch in Inverness?

Yes

Link to comment
Share on other sites

Anyone having problems accessing the WH site? I've been trying the last half hour or so and it just keeps timing out. :unsure:

EDIT: Nevermind, seems to be working now.

Edited by Pressley - GTF!
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...