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Author Topic: £25 worth of free bets on the National  (Read 8049 times)

guest

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£25 worth of free bets on the National
« on: April 05, 2008, 01:22:38 PM »

http://forums.moneysavingexpert.com/showthread.html?t=832331

Basically open an account with Betfair, deposit £25, bet it on the National (multiple bets if you want) then 48 hours later you can have your £25 back even if you lost.
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oldfogy

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Re: £25 worth of free bets on the National
« Reply #1 on: April 05, 2008, 04:49:46 PM »

I would bet they are gambling on the probability factor.
What's the probability factor I hear you say!

The probability factor it that some or most people will not bother to withdraw the money but place it on another bet at some stage or other.
(Normal shops call this "Loss Leaders")
(you lose, they win)

But what you have to consider is that they have not only then gained another gambler "who in the long run always loses"  they have attracted you to their site which may make you think it worth while having a small gamble even if only from time-to-time.
(you lose, they win)

I know it's slightly digressing, but with Casino's, they actually like it when a first time player walks away with winnings in their pocket, WHY,
(you win, they win)

The first thing people do is to tell all their friends how they won at the casino, the second thing they do is to return to the casino in the hope of doing the same thing again "which very rarely happens"
(you lose, they win)

One of the things casino's do not like, is people losing lots of money on their first visit, because the first thing they do is to tell the world that "it must be fixed".
(you lose, they lose)

And as we know, "bad news travels faster than good news".

***********************************************************

Gambling can be fun and a good night out, but never gamble more than you are prepared to lose.
And you should consider winning "as a bonus"
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guest

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Re: £25 worth of free bets on the National
« Reply #2 on: April 05, 2008, 06:32:28 PM »

What they gained in me was someone who put his free bet on Comply Or Die at 7.6:1 so that'll be £215 please Betfair  :dance:

Edit - I don't gamble at all now (well not unless the bet is free obviously) but I did have an interest in racing in the distant past.

Edit2 - don't know where I got the 7.6:1 from. It was actually 10.5:1 :)
« Last Edit: April 05, 2008, 09:09:45 PM by rizla »
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dave.m

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Re: £25 worth of free bets on the National
« Reply #3 on: April 06, 2008, 02:50:56 PM »

Does the offer still stand, today for yesterdays Grand National.
Knowing my luck, mine would fall at the replay.   :lol:
dave
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guest

  • Guest
Re: £25 worth of free bets on the National
« Reply #4 on: April 07, 2008, 08:22:36 AM »

Well I've just checked and I have £25 credited back to the credit card and nearly £275 heading for my bank account.

My wife will probably use them again (next National) as we both like the odds and the choice of bets. Eg I got a bit more than 10:1 when Comply Or Die was returned at 7:1 in "conventional" bookies. I'm not sure if you could get 10:1 on the day either, never mind 3 hours prior to the race.
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Achilles Last Stand

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Re: £25 worth of free bets on the National
« Reply #5 on: April 07, 2008, 09:04:55 AM »

Well I've just checked and I have £25 credited back to the credit card and nearly £275 heading for my bank account.


Well done on the win  ;D
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guest

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Re: £25 worth of free bets on the National
« Reply #6 on: April 07, 2008, 09:11:05 AM »

Ta :)

I think its worth pointing out that Betfair refunded the £25 to the card without me having to do anything, so while I agree with oldfogy in general, it does appear that Betfair are unworthy of our cynicism. On this occasion anyway :)
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