patswin said:
Like Fishead said I use freeplays on ML Dogs that are at least +200. I then will bet the ML fav on the same game at another book and hope the ML fav wins. The freeplay then becomes cash at the other book.
If you do a search you will find a coulpe of threads that have all the info you want.
Very simple math using your example.
Say one receives a 20% FREEPLAY where ML dogs are allowed.
Say your FP is worth $100(20% on a $500 deposit).
Bet the $100 FP on a +200 dog so essentially now you are risking 0 to win $200.
Bet the favorite at a rival book at say -190 and risk somewheres close to half of the $200 you stand to win on the dog, give or take a few bucks either way in what one feels confortable with........in our case, lets make it say $133 to win $70.
SUMMARY
DOG risking 0 to win 200.......
net win of $67
FAV risking 133 to win 70......
net win of $70
In the above scenario, one has in theory turned their 20% FREEPLAY into a 14% CASH BONUS ($70 profit on a $500 deposit).