Lessons

  • How Radar Works

    An introduction to our oddsmatcher

  • Reading the Table

    How to read Radar bets, legs, returns, and actions

  • Using Filters

    How to narrow Radar to the opportunities you actually want

  • Saving a Play

    How to save exchange and dutching plays to Scratchpad

  • Examples

  • Bonus Bet Back-Lay

    Convert a bonus bet with an exchange lay

  • Bonus Bet Dutching

    Convert a bonus bet with back-only dutching

  • Arbitrage

    Find exchange and dutching arbs with Radar

Bonus Bet Back-Lay

Convert a bonus bet with an exchange lay

Scenario

Say you have a bonus bet at TAB and want to convert it through a normal back-lay setup.

The bonus bet stake is not returned if it wins, so SNR is the return that matters.

Set the filters

Open Filters and set:

Bookmakers
Your bookmaker and exchange

Include your bonus bet bookmaker and an exchange you can use. Radar considers their eligible back and lay prices together.

Sort By
SNR

SNR ranks bets around the bonus bet conversion result.

Key Bookmaker
TAB

Set the bonus bet bookmaker as the key bookmaker. For SNR, Radar treats a back leg at a key bookmaker as the bonus bet.

Results can also contain other combinations from those providers. For this example, choose a two-leg row with a back bet and a lay on the same outcome.

Pick a bet

Start with the SNR return. If the number is not good enough, move on.

If the bet is worth checking, confirm:

  • the back leg is at the bonus bet bookmaker
  • the lay leg is at an exchange you can use
  • there is enough exchange liquidity
  • the event gives you enough time to place both legs

Do not place the bookmaker bet until you have checked that the exchange lay price is still available.

Use Bet Stats

Open for the bet.

Use the exchange calculator to check:

  • the bonus bet stake
  • the lay stake
  • the exchange liability
  • the expected SNR return

If the liability is too high, the bet may not be worth using even if the conversion rate looks good.

Save, place, and track

Once the live bookmaker and exchange prices match the candidate closely enough:

  1. Save the play with , or be ready to save it immediately after placing.
  2. Place the bonus bet at the bookmaker.
  3. Place the lay bet on the exchange.
  4. Update the saved play if the placed odds or stakes changed.
  5. Add it from Scratchpad to Tracker once the saved details match what you placed.

Do not chase a moved lay price

If the exchange lay price moves before you place the lay bet, recalculate in Bet Stats before continuing. A small move can change the conversion enough to make the bet no longer worth using.

Common mistakes

  • Assuming every result is a same-outcome back-lay pair without checking its legs.
  • Forgetting to set the bonus bet bookmaker as a key bookmaker.
  • Looking at SR instead of SNR.
  • Placing the back bet before checking exchange liquidity.
  • Ignoring the exchange liability.