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Anybody get the $1000 Bonus from Xpressbet to come back?


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isn't the keep around 20% in racing?  if so, you wager 5000 you are expected to lose 1000 and then they give you 1000 which you have to bet to cash out.  Leaving you with around $4800 of the $5000.  

 

No?

Correct, but if you make conservative plays like show bets on heavy favorites, you can probably come out with a small profit.  Its definitely not as good as the last one.  

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All my people are texting and emailing me about this promo.  Some of them do not want to accept that there is no value in this deal.

 

i didn't get the deal but there is value to it

 

betting huge chalk to show in 5 horse races would probably lose about 3-5% on average, nowhere close to 20% house edge since those horses will show well over 90% of the time

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i didn't get the deal but there is value to it

 

betting huge chalk to show in 5 horse races would probably lose about 3-5% on average, nowhere close to 20% house edge since those horses will show well over 90% of the time

I totally disagree.  3-5%?  No way.  Sure you might have 90% winners (not likely) but you aren't collecting much on those favs

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I totally disagree.  3-5%?  No way.  Sure you might have 90% winners (not likely) but you aren't collecting much on those favs

 

it's not likely that 1-5 and 2-5 favorites show 90% in 5 horse races?

 

they pretty much always pay 2.10... so if 90 times you get 2.10 and the other 10 you lose 2.00, that's 5.5% losses, but if you're selective they will show way more than 90% of the time

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Or just play WV tracks (Mountaneer, Charles town, ect) so you guarantee yourself 2.20 to show.  

this is the best attempt.  I would guess that 75% of those attacking this promo will lose money or break even unless you can really handicap horses which I don't believe anyone can.

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Mike's strategy of betting large on the big favorites to show sounds pretty good.

Definitely a good strategy.  If I had the balls, I'd deposit 5k, wait for a 1/9 shot and either mountaneer or charles town, bet it all, and cash out the $6,500...which is a very quick $1,500 profit.  Or maybe divide it into 2 show bets, so if anything crazy happens, it limits my exposure a bit,  

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