Betr (new betting app)

[GFC29]

Looks like the first round of cash out offers are coming out for the NRL


Laying on betfair is ~$315 profit at the moment by my calculations so this is actually a fairly solid offer given the market rates.

 

[badusername]

Hmmm haven't received that yet but definitely would be tempted to take it.

 

[freo_leo29]

Isn't that a definite take?

Can get $3 elsewhere for them to win right?

400 @ 3 = 1200

 

[badusername]

Isn't that a definite take?

Can get $3 elsewhere for them to win right?

400 @ 3 = 1200

That's a good point. That and I wouldn't be surprised if Betr was liquidated by the time the season finishes.

 

[fpm84]

I got a $500 Panthers cash out offer... very tempted.

 

[badusername]

$500 here too. Taken! Happy to throw a bit of it back on them and then keep the rest of profit.

 

[freo_leo29]

I got a $500 Panthers cash out offer... very tempted.

You have to take that, can put some back on at highest odds you'll find and take the rest

 

[fpm84]

You have to take that, can put some back on at highest odds you'll find and take the rest

Yep, done. Pretty good offer, really.

 

[dontlimitme]

on panthers on betr but no offer yet

 

[demon_fanatic]

Penrith point differential is a huge 193 next best is sharks at 134 despite the ladder up top being a logjam, I'm happy to ride it they are basically 2.98 betfair minus commission costs so you'd end with less than 1000 profit, they just Thrashed Storm in Melbourne.. also they get Cleary back towards finals I think, did A hammy 5 weeks ago, estimate was 6 weeks return

 

[badusername]

Penrith point differential is a huge 193 next best is sharks at 134 despite the ladder up top being a logjam, I'm happy to ride it they are basically 2.98 betfair minus commission costs so you'd end with less than 1000 profit, they just Thrashed Storm in Melbourne.. also they get Cleary back towards finals I think, did A hammy 5 weeks ago, estimate was 6 weeks return

What's the point in riding it? Take the $500. Throw $333 on another platform at $3 odds to get a grand if they win. Either way end $167 on top, if not $1,167 if they win.

 

[demon_fanatic]

What's the point in riding it? Take the $500. Throw $333 on another platform at $3 odds to get a grand if they win. Either way end $167 on top, if not $1,167 if they win

What's the point in riding it? Take the $500. Throw $333 on another platform at $3 odds to get a grand if they win. Either way end $167 on top, if not $1,167 if they win.

huh? if you withdraw 500 and use 333 .. youll only find 2.80- maybe 2.90 on a non commissioned site, betfair maybe 2.98 minus all the commission (think league is taxed at like a larger rate too 10 %??) how are you making 1167 if they win...

If you put 333 on at say 2.85 fixed odds at a bookie you win 616 PROFIT.. plus the 167 spare.. so 783 total. you are including the stake in your wnnings

 

[badusername]

This is all based on the initial $10 outlay. Withdraw the $510 and you are $500 up. Put $333 of that on them at $3 odds and that $10 turns in $1,000 + the remaining $167 if they win.

You did make me second guess myself but Im 99% sure I'm correct here. Happy to be proven wrong though!

 

[demon_fanatic]

This is all based on the initial $10 outlay. Withdraw the $510 and you are $500 up. Put $333 of that on them at $3 odds and that $10 turns in $1,000 + the remaining $167 if they win.

You did make me second guess myself but Im 99% sure I'm correct here. Happy to be proven wrong though!

oh ok yeh I think i get you so you're guranteeing yourself 167 even if they lose.

 

[Jugada]

Yeah like has already been said there is zero case to be made for not cashing out. Even if you want to ride out Penrith there is more money to be made just cashing out and re investing

 

[badusername]

oh ok yeh I think i get you so you're guranteeing yourself 167 even if they lose.

We must have been on different pages! All good – best of luck with whatever you decide.

 

[The Cryptkeeper]

No offer for me either.

 

[Hamingja]

I got the $500 offer. No brainer. They must want to clear the big liability to sell the book.

 

[superfraser]

Where do you find the BETR cashout offer? Can't see it?

 

[Hamingja]

They email you a unique code tied to your account

 

[sk1001]

Got offered $100 back in May but nothing recent yet - but @ $500 I'd take it

 

[3rd Grade Maggy]

Where's my offer you campaigners?

 

[cakewalk06]

Where's my offer you campaigners?

yeah +1. I'd like to know how they work out where the offers go, and why they are paying over the odds to get people to cash them out?

 

[ash_1050]

Also yet to receive an offer. I'd take it.

 

[catpremier 07]

Didn't get the offer, they literally probably have every customer on the panthers