Betfred 100£ bonus on first bet, hedging?

[Gaahl]

But does anyone have a plan on how to maximize EV from this?

[Ortho]

I got the exact same offer from a different bookmaker. If you want to hedge and lay it off on and exchange, it's a bit complicated but not too bad. You have to figure in the commission you're paying on the exchange into the arb, but you can just eyeball it if you want to get it close. Make sure your odds are evens or better and that it's a 3-way market.

BTW, since it's a £200 coinflip to win £300 you might seriously consider not hedging or just hedging some, since this is really good EV, but we don't need to get back into that again. [img]/images/graemlins/smile.gif[/img]

Edit: Didn't see your other question. If you want to max EV, just take them up on their offer, bet on something at evens, and hope it wins. Unless you find an arb lay on the same thing (unlikely in soccer markets but possible), hedging is always -EV. It's just how much you're willing to pay to not have to sweat the game. That should be related to your bankroll, not your psychology imo. See umpteen mansion threads for discussion of this.

[707782]

I have a hard time understand what their rules are.