Exchange to Exchange Refund and Bonus Spreadsheets

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Description

1. Lose Only refund 2. Percentage Added to winnings 3. Free exchange bet.
The 3 sheets described below show the staking required to balance our trade for an equal profit or loss.
Using the stakes shown, it doesn’t matter whether we hit a winner or a loser, the profit will be the same.
For best results of course, trade with Bet odds higher than lay odds.

Exchange to exchange “Lose Only” refunds. . . . . . Zero risk.

Occasionally, Betfair or Betdaq offer a refund if we hit a loser, or have losses.
As usual with bookie refunds, we can trade these offers to profit whether we hit a winner or a loser, but sometimes Betfair or Betdaq may stipulate that we need to hit more than one loser before we qualify for the refund.
We can work around that – – -as described below.

These trades are just a straight forward bet with one exchange and lay in the other.
The spreadsheet below can be used to bet in Betfair and lay in Betdaq, or the other way around.
Different commission rates can be set in the spreadsheet and are built into both sides of the calculations.
These offers may not come along very often, but when they do, they are definitely worth looking at.
Basic strategy………Refund on a single runner.
Bet in one exchange and lay the same runner in the other.
It doesn’t matter if we hit a winner or a loser, and it doesn’t matter if our bet odds are a bit smaller than our lay odds.
Stake correctly and we can have guaranteed winnings with zero risk.

Basic strategy………Refund on a 3rd runner after hitting 2 losers.
In the past, a Betdaq offer was, hit 3 losers and get a refund of our bet stake if we hit a loser in our 3rd race.
My strategy to trade that offer was :-

Bet and lay losers in 2 horse races using small stakes.
A small loss is expected from each of those 2 trades.

Bet and lay the 3rd race as a “Lose Only” refund, staking with a BIG bet stake equal to the maximum of the refund.
In this 3rd race, we stake for a win or lose profit that will recover the small losses from the previous 2 trades, and show a profit on top.

If we can hit 2 losers in the first 2 races, it doesn’t matter whether we hit a winner or a loser in the 3rd race.
Win or lose in that 3rd “Lose Only” refund race, a profit will be shown over the 3 trades combined.

Exchange to exchange “Winnings added” bonus . . . . . . Zero risk.
Occasionally, Betfair or Betdaq offer to add a bonus percentage to our Bet winnings or our Lay profit.
The Excel file described below contains spreadsheets to cover both types of offer.

Usually, winnings can be either bet winnings or lay winnings.
As usual, we can trade these bonus payment offers to profit whether we hit a winner or a loser.
These trades are just a straight forward bet with one exchange and lay in the other.
The spreadsheet below can be used to bet in Betfair and lay in Betdaq, or the other way around.
Different commission rates can be set in the spreadsheet and are built into both sides of the calculations.
These offers may not come along very often, but when they do, they are definitely worth looking at.
These offers don’t pay quite as well as “Lose Only” offers.
Note that for best results, you will need to use large stakes for these winnings added trades, but stake correctly and these are zero risk trades.
Basic strategy.
Bet in one exchange and lay the same runner in the other.
It doesn’t matter if we hit a winner or a loser, and it doesn’t matter if our bet odds are a bit smaller than our lay odds.
Stake correctly and we can have guaranteed winnings with zero risk.

Exchange Free Bet . . . . . . Zero risk.
Occasionally, Betfair or Betdaq will offer a free bet.
Usually we will need to place a qualifying bet before we qualify for the free bet, but trading a deposit or a free bet between exchanges can be done very cheaply, so profits from exchange free bets are very good.
It doesn’t matter if the free bet stake is, or is not returned with winnings – – – exchange free bets pay very well and should not be missed.
Basic strategy.
The strategy once again is a straight bet with one exchange and lay in the other.
It doesn’t matter if we hit a winner or a loser, and it doesn’t matter if our bet odds are a bit smaller than our lay odds.
Stake correctly and we can have guaranteed winnings with zero risk.