When is a Price Boost worth doing?

[David H]

Hey!

Now, I know that in order to accumulate a large amount of profit it's recommend to try and do every single offer available.

Now, my question is...
I received a price boost offer for a West Ham v Liverpool match for Liverpool to win boosted from 1.66 to 2.20 and the price boost is given back as a free bet.
Though, after the "match and lay process" the profit is about 80p.

I know this question is subjective to everyone but what is the general consensus for offers like this?
They seem to be quite prevalent and so of course after a while of doing these kind of offers it would mount up.

Love to hear what people think!

 

[David H]

As an addition would anyone be able to confirm whether this is correct?

My calculations are as follows:

So...if I bet £15 on Liverpool to win at the bookmaker at odds of 1.66 this would mean a return of £24.90 - a £9.90 difference (or profit if I was a normal punter)
If I bet £15 at odds of 2.20 this garner a return of £33.00 - a £18.00 difference.

This would equate to a £8.10 (£18.00-£9.90) potential bonus at the bookmaker.

If I then use the "bonus lock-in calculator" via PA with £8.10 as the "maximum bonus" with the assumption that the original bet will win with a 1.86 exchange odds at 2%.

This mean that a profit of £1.71 or £1.72 profit would be gained via the above calculator.

Would anyone be able to confirm that this is correct or is that completely wrong? Haha.

 

[Jon]

You might be able to get better odds on that lay closer to kickoff

I get your point about if 80p profit at the moment is worth it but you could look at it this way

I can either risk x amount on this boost that might happen or I can lay it and definetly make money.

Matched betting is all about the latter

 

[The Reverend]

You might be able to get better odds on that lay closer to kickoff

I get your point about if 80p profit at the moment is worth it but you could look at it this way

I can either risk x amount on this boost that might happen or I can lay it and definetly make money.

Matched betting is all about the latter

Boring financial transaction is the name of the game!

 

[homie]

What Jon Said.

Have a look again Friday, the market hasn't really formed properly yet on Smarkets. You should be able to get something better than 1.86 nearer the weekend.

 

[jkg-jkg]

Personally I would look to underlay this boost so that you don't lose any money if it loses but a bigger win if it does. £15.31 lay on Smarkets (at a lay price nearer to kick-off) covers your bet and you and get £4+ profit if Liverpool do win

 

[symon.allemandy]

As an addition would anyone be able to confirm whether this is correct?

My calculations are as follows:

So...if I bet £15 on Liverpool to win at the bookmaker at odds of 1.66 this would mean a return of £24.90 - a £9.90 difference (or profit if I was a normal punter)
If I bet £15 at odds of 2.20 this garner a return of £33.00 - a £18.00 difference.

This would equate to a £8.10 (£18.00-£9.90) potential bonus at the bookmaker.

If I then use the "bonus lock-in calculator" via PA with £8.10 as the "maximum bonus" with the assumption that the original bet will win with a 1.86 exchange odds at 2%.

This mean that a profit of £1.71 or £1.72 profit would be gained via the above calculator.

Would anyone be able to confirm that this is correct or is that completely wrong? Haha.

So if doing a price boost offer do you need to use the bonus lock in calculator, or can you find the bet in the normal way and just type in the new boosted odds instead to get your lay stake?

 

[Stims]

So if doing a price boost offer do you need to use the bonus lock in calculator, or can you find the bet in the normal way and just type in the new boosted odds instead to get your lay stake?

You can just do the bet as a qualifier and type in the lay odds. Unless the boost is paid as a free bet, in which case you have to work out the true odds.

Personally, i would always at least underlay a price boost where i have a 5% edge or greater. I'm actually currently working my way to 1000 unlaid price boosts, which long term should give me a good profit.

That said, i would stick to keeping things risk free as a newbie and build that bank!

 

[symon.allemandy]

So in the example above do you need to type in the £8.10 as the maximum bonus, or do you type in for example if the bookie says there is a maximum bonus payout of £20?

 

[maccyb25]

I always underlay these days so I don't lose any money on the boost, but I make much more if the event happens.

 

[rninja]

I always underlay these days so I don't lose any money on the boost, but I make much more if the event happens.

Yeah I echo what others have said, if you're a newbie look-in the tiny profit and move on to the next offer. Pennies turn in to pounds. Once the bankroll is built consider underlaying, it's good practice for matching boosts when you need to act quickly like for Hills flash boosts.

 

[jkg-jkg]

Yeah I echo what others have said, if you're a newbie look-in the tiny profit and move on to the next offer. Pennies turn in to pounds. Once the bankroll is built consider underlaying, it's good practice for matching boosts when you need to act quickly like for Hills flash boosts.

With the Hills Flash Boosts I generally find the exchange price is quite high, and if it isn't it soon becomes high as all the MBers get on it. Most of the time (as I am limited on these offers anyway) I just get on it and lay later when the exchange price has stabilised.