What actually happens when we underlay a bet on the exchange?

W3Schools
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#1
I often see this on a lot of the reload offers and that is to: underlay the bet.

My only issue with this is that if I then receive the free bet because the original bet failed with the bookmaker, how do you determine the loss to deduct with the free bet when the loss is not clear with the original bet, if you catch my drift?

I.E. Ladbroke's £5 refund if England lose in the outright market, PA says to underlay the bet - so - £3.50 profit if the bet wins at bookmaker or exchange.

So, if the bet loses with Ladbrokes would the deduction from the free bet be £1.50 (£5 - £3.50) or is the free bet profit the original £3.50 won from underlaying the bet + the winnings from the free bet.

Confused!! Haha.

Thank you!
 

disneygirl

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#2
Well don't underlay the ladbrokes offer!! you will lose money or make very little as its pretty certain the exchange bet will win. Use the bonus lock in calculator. I actually overlayed so will make profit from exchange and still get free bet.
 
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#3
Well don't underlay the ladbrokes offer!! you will lose money or make very little as its pretty certain the exchange bet will win. Use the bonus lock in calculator. I actually overlayed so will make profit from exchange and still get free bet.
Thanks for responding disneygirl. I was just following the PA guide.

When should someone ideally use the bonus lock in calculator?
 

homie

One of the finest Matched Betting helpers around!
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#4
I often see this on a lot of the reload offers and that is to: underlay the bet.

My only issue with this is that if I then receive the free bet because the original bet failed with the bookmaker, how do you determine the loss to deduct with the free bet when the loss is not clear with the original bet, if you catch my drift?

I.E. Ladbroke's £5 refund if England lose in the outright market, PA says to underlay the bet - so - £3.50 profit if the bet wins at bookmaker or exchange.

So, if the bet loses with Ladbrokes would the deduction from the free bet be £1.50 (£5 - £3.50) or is the free bet profit the original £3.50 won from underlaying the bet + the winnings from the free bet.

Confused!! Haha.

Thank you!
Its England. Just lay the full amount!!!
 

disneygirl

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#7
I find the bonus lock in easier to see the different outcomes, rather than just using "SNR", If the odds are far apart I find it doesn't make much as money back if the bet loses imo.
 

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