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Read the small print

Posted By: John May
Date: 29 Sep 03, 1:16 pm

In Response To: +EV promo (DR sports)

...Its for correct score bets only. The vigorish on correct score bets is usually well over 50%, sometimes over 150. This type of rebate actually happens about 4-8% of the time, so its not even close to positive EV.

Ladbrokes have adopted a cynical ploy of ripping off Paddypower's successful and pioneering cashback strategy without actually offering the punters anything like a good deal. Paddypower are the only ones who consistently offer rebates which are positive EV.
As a general if not universal rule, unless the promo is on win/lose/draw bets for soccer its negative expectation (see post below).

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Messages In This Thread

+EV promo -- DR sports -- 29 Sep 03, 11:42 am
Read the small print -- John May -- 29 Sep 03, 1:16 pm
french -- SoccerMan -- 30 Sep 03, 7:53 am

 


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