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BetQL Daily

Taking a Shot with Free Bets (12/31)

Joe Ostrowski and Sam Panayotovich tell you what they would do if they received a gift of one free bet, heading into the new year. Plus, what are your betting resolutions for 2025? To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Duration:
16m
Broadcast on:
31 Dec 2024
Audio Format:
other

Joe Ostrowski and Sam Panayotovich tell you what they would do if they received a gift of one free bet, heading into the new year. Plus, what are your betting resolutions for 2025?

To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy

Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

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We'll get to some possible betting resolutions. Maybe you should take a look at it if that's a thing to you. I have my own thoughts to that in a quick moment. But a loyal listener and viewer to the show reached out and we figured that it would be worthy of a conversation. Listener Brandon, he's been checking to show out for years. He posed a question and I thought this was interesting. I have a feeling that we're going to be coming along the same lines with this. But I know this is a position many of you have been in before, especially if you're going to a new book. You get a big free bet. Here's Brandon's question. It was, okay, I won a $500 free bet from one of the big domestic sports books. How do you guys typically approach free bets? And what's the best way to get peak value? $500 is higher than a normal unit for me, so I want to maximize it as best I can. Here's the catch, Sam. He reached out to me late last week, you know, holidays going on. We were only here Monday and Friday and then we come into the new week. He's got to use this by tomorrow. It's got to be used by tomorrow. He said he has until Wednesday to use that, which makes it really interesting. As we're talking about NFL team futures, player futures coming down to the very end. We've got these college football playoff games. What is your approach? It's a $500 free roll. How do you handle it? There are a lot of people out there that would just say, I want to double that or I want to increase that. So they're going to take a minus 250 minus 200 money line. Some will say I feel really strong about this side, this prop, whatever, and they're going to try and double their money and get to a thousand. And then there are some that are going to go for broke. Let's try to bankrupt this place. What would you do? Well, I sent the squad a text of a free bet that I made last, well, it would have been May of 2023. So I guess I could say two days ago, whatever. It was the Miami Heat to win the East and they ended up winning the East. I take free bets very seriously because you don't get a lot of them. And I think it's a chance to turn their lights out. And I can't bet that this sports book anymore because of what I did. Do you want to read what I did? Because I sent it to you. I see it. Yes. I can't tell which book this is, but this was the whole thing was. I cannot. Yeah, I got thrown out of Caesars. They did pay because of the free bet. Well, I mean, I did what most people don't do because at the time, Massachusetts was trying to recruit everybody to their books. So this book was giving you a thousand. This book was giving you whatever. And then that book gave a first risk free bet up to $1,250. It was a weird number. It wasn't 1,000. It wasn't 2,000. It was $1,250. So I approached it as you are giving me a free $1,250 to bet. And if I lose it, I get it back. Do you want to tell the people what I did? You bet on May 5th, you bet the Miami Heat to win the Eastern Conference at plus 950, which resulted in a total payout of $13,125. Nice move. You took a shot on the future. That's what you did. Didn't take a dog in a specific game. You got a nice long couple months sweat out of it. And that was a terrific hit, man. Nice work. We don't bet, though. We don't gamble on the show. I should have victory left that one, too, quite a bit. I can no longer play there, which is my own fault. That's the problem. If you win, I think what you should do is take the Jake approach bet a parlay, like a correlated parlay that's probably going to win, like a team to win a championship with a golfer to win the Masters or something like that, where you take that 500 bucks and you try and turn that 500 into 10,000. And if it loses, you have no risk. This is a chance for anybody to take a shot. That's what I would do, and it's what I've done. Have I won all of them? No, but I'm clearly ahead, as you can tell. They might kick you out, though. If you win, that's the risk you run. If you were to bet, Jake Paul to beat Mike Tyson and the Rams to make the playoffs and Scotty Sheffler to win the Masters, if that wins, there's a very good chance that they never let you bet there again. But you just take screenshots of your bet, you make sure that you have everything in order, you have all your T's crossed and your eyes dotted, and you have everything in order to where if you lose, if you win, rather, you have the receipts, and you can take them wherever you have to take them. But that's what I would do. What would you do? I would do the same thing, man. Listeners to the show, you know me as well. I would try to find something like this, but you don't want to go too crazy where it's just a pipe dream, either. We don't need to find a 50 to 1, a 75 to 1, or anything like that. But no, you saw value in this? Like, you figured the number was wrong, and you saw the upside at about 10 to 1, and you took your shot. That's, I think, the correct approach. That's the way to go. Like, it would be cool to show some way. Look, I could win $100,000 on a bet, but it's probably not going to happen. But like, you know, I'm, I don't have the same approach as everybody else does. I know for me, and I know for you, like, okay, you play a huge Moneyline favorite, and now you have 750 as opposed to $500 in the account. Is that going to get you excited? Is that going to make you think that you really got one over on them? No, I'm not saying you have to have that. Maybe you just want the 500 bucks. But man, that's, yeah, I would take a shot. What would you do today? I'm not giving advice, but would you look at NFL? Would you look at college football? Notre Dame? What are they now after beating Indiana? 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That's what you're looking for. Yeah. I think maybe Paul Skeens, the one that saw young maybe, a 4-1, turned that 500 into 2 grand. Here's the thing, it also puts you in a spot. When I made that bet on Miami, I was able going into that seventh game where the heat actually beat Boston in the garden. I was able to, if I wanted to, make a huge hedge position because it was to win the east, not to win the title. You gave the payout. I could have bet thousands on Boston money line and came out of the wash up no matter what. Now, I didn't hedge it. But if you look at a team like the Dallas Stars at 10 to 1 or the Colorado Avalanche at 13 to 1, that's where I go. I look for the double digit, the 10 to 15 to 1 range. Jake, you brought up, who was it? Michael King to win the Cy Young the other day? I did, 20 to 1. Okay. 500 to 20 to 1. And then if Michael King becomes the Cy Young favorite in July or August, then you just bet two other guys. And now that $500 free bet puts you in a spot to profit. That's how I approach it. Bet a future at a good price that can potentially put you in a good spot down the road. It's not about winning. It's about being in a position to win and potentially bet off it or hedge it or you can't really middle a future. But that's how I roll at least. Yeah. No, I'm with you there. You could do, boy, I'm thinking about parlays and like the college football playoff, what we talked about in the first round. Just do all the favorites, guys. Just do all the favorites. It's probably going to hit and it did end up hitting. Let's see. If you did Notre Dame Moneyline in Ohio State minus two and a half, now you're plus two 81. If you have an opinion on Boise or Penn State, Texas, Arizona State to cover, like that's, that's not the worst idea. Because if you add one of those, you're going to be better at, it's six to one already. If you want a good sweat over the next couple of days, but we're in agreement that you would, we'd go with some sort of a future or parlay where you're looking at a good payout. A hundred percent. Whether, yeah, it's six to one or double digits, but not a crazy long shot, but something where you can make them shake, right? Ohio State with Scheffler's 20 to one. Notre Dame with Scheffler's one state title. Okay. I mean, Notre Dame's plus six 50 at that MGM for the title. I thought they might be a bit short of their fifth favorite. I guess that makes sense because of the dog tomorrow, but you could also, you could also bet the Kansas City Royals to win the AL pennant at 22 to one. Let me, let me do some stuff. There we go. You just go for it. You go for it. They don't give you free money every day. Don't bet 500 to win 500, bet 500 to win a lot. And that's what happens. That's our advice. That's what we would do. I, you know, not saying do one of the bets that we were talking about, but we were just, you know, just spitballing some idea off the top of our head. All right. Are you a resolutions guy? Do you ever do resolutions or are they dumb? And, yeah, they are. Go ahead. What? Is that a T? Was that a very short question in a very short window? No. It was a question I was asking while knowing the answer. I'm going to start going to the gym January 1st, like damn Campbell. No, I already stated yesterday. Oh, did you? No, people like a lot of new faces yesterday, which, oh, well, here's the thing. It's over in two weeks. So whatever these people that come out January, if you want to do something, if you want to make a change, make the damn change. And I'm someone who pushes stuff off, do it then. But yeah, yeah, not a resolution guy. What about betting resolutions? Have you considered that? Like, I feel like we talk about bad habits a lot. And that was early on in our betting careers, right? Like we've kind of removed a lot of that. Bet more favorites in the NFL. Apparently, apparently, because you know, when you do that, what's going to happen? What's going to happen next is we're going to talk college football. Michael Felder will drop by all four games of the college football playoff. The rest of today's slate. Next, this is Bequale Daily. Looking for a financial institution that has fewer fees, better rates, and gives back to the local community. As one of Colorado's largest credit unions, Belco offers great rates on products like our free boost interest checking and lower rates on loans, including our home equity choice line. Bank virtually anytime, anywhere through our online banking and our mobile app. Becoming a member has never been easier. Visit belco.org or stop by any Belco branch. Membership eligibility required equal housing opportunity all loan subject to approval insured by NCOA. Belco, banking for
Joe Ostrowski and Sam Panayotovich tell you what they would do if they received a gift of one free bet, heading into the new year. Plus, what are your betting resolutions for 2025? To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices