Rebate promotion calculation

[Datapunter]

Someone check my numbers please, If a bookmaker has a promotion and says 9% of losing stake returned, then i calculate a bet like this: 100 @ 1.22 If the bet wins i get 22 profit If the bet loses i lose 100 but get 9% rebate so i only actually lose 91 If i risk 91 to make a profit of 22 then the odds i'm getting is: 1 + ( profit / stake ) = 1.2418 So if i actually want to stake 100 i can do it like this: 110 @ 1.22 If the bet wins i get 24.2 profit If the bet loses i lose 110 but get 9% rebate so i only actually lose 100 If i risk 100 to make a profit of 24.2 then the odds i'm getting is: 1 + ( profit / stake ) = 1.242 so basically the rebate of 9% can be applied to the odds like this: 1.22 => 1 + ( 0.22 * 1.10 ) = 1.242 right ?

[Mr Intensity]

Re: Rebate promotion calculation Looks right DP:ok

[Datapunter]

Re: Rebate promotion calculation now lets say i can also include a 10% sign-up bonus, deposit 110 sign-up bonus 10% => 121 balance 121 @ 1.22 = 26.62 profit lose and i lose the bonus, but get 9% on the deposit = 9.9 so actual loss is 100. risking 100 to gain 26.62 is odds of 1.2662 so i've turned a 1.220 bet into a 1.266 bet, interesting. Note: always read the fine print when looking at bonussus and rebates and such ;)

[K'Ching]

Re: Rebate promotion calculation

So if i actually want to stake 100 i can do it like this: 110 @ 1.22 If the bet loses i lose 110 but get 9% rebate so i only actually lose 100

This is not exact, but close enough I guess.

[Datapunter]

Re: Rebate promotion calculation so sorry, i actually lose 100.1 :lol ;)