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                                  Readbet introduces 10% Rebate on Losing bets!

              

How important is Rebate betting?
Well in business terms that is money that goes straight to your bottom line.

Using the profitable "Daily Mail" as an example with 2010 figures, the Daily Mail showed a profit of 12.25% on turnover from a strike rate of 34.05% over 743 races ie a net return of $9101.75 for $100 bet size on Iasbet.com prices.
Bear in mind that 65.95% of those bets lost i.e. there were 490/743 races that were unsuccessful & 490 unsuccessful bets at $100 a bet = $4900, BUT simply by betting with Readbet you would have received a rebate (within 24 hours) over the year of $490 increasing your net profit for the year to $9591.75 and your return to 12.91% on turnover instead of 12.25%
Would you rather have $490 in your pocket or leave it in some other betting agencies pocket?

All this is happening coming into the time that our records going back 18 years show as the most profitable time of the year, even better than Spring and Melbourne Cup Carnival.

Readbet and Race Profit is the best Quinella you can get on this Atumn!


                                      

                                               New Australian Bookmaker!!

                         


New Australian Bookmaker!!

The Read name is synonymous with bookmaking in Australia. The name known for trust, value and service now brings Australia’s first discount bookmaker, Readbet. The Read’s look set to once again revolutionize Australian wagering by guaranteeing players a return on all bets placed (win or lose) with Discount Bet.

Along with traditional Fixed Odds and SuperTote+ (better than 3 TAB’s), Discount Bet is sure to set the cat among the pigeons, giving punters a 10% rebate on racing bets. Check out the full Odds Service at Readbet here.

As well Sports’ betting at Readbet is due to launched shortly and we’ve been advised that the new “Discount Bookmaker” will cause havoc in the market when their odds go live!

Alex Read’s from Readbet says: “In Asia discount betting is the norm”.

“Players demand a competitive rebate or they will bet elsewhere. They have it right in Asia where rebates are the norm for racing, sports and casino play. No rebate, no bet, it’s as simple as that. It’s going to be an education process in Australia but players will soon understand that receiving a 10% rebate on bets is better, much better than what the big UK owned Australian bookies now have on offer ”.

Other offers from Readbet include daily Cashback Specials, as well as Double Payouts and an Owners Bonus. Details of these and other promotions can be found on the website.

www.raceprofit.com


So get punting, and have a great weekend!!

Race Profit


 
Discount Rate Card

Discount Bet is a revolutionary form of betting where you, our valued Readbet member, receives a discount on bets placed. This means that you effectively pay a lower amount for a bet than the actual stake amount on any losing bet. Discounts are credited within 24 hours after the event.

See below discount rate card below:

Australia New Zealand Singapore Hong Kong
Horses Harness Greyhound Horses Harness Greyhound Horses Horses
Win 10% 10% 10% 10% 10% 10% 10% 8%
Place 10% 10% 10% 10% 10% 10% 10% 8%
Quinella - - - 10% 10% 10% 10% 6%
Exacta - - - 10% 10% 10% - -
Trifecta - - - 10% 10% 10% 10% 6%
First 4 - - - 10% - - - -
Multiples 10% 10% 10% 10% 10% 10% 10% 10%
*Please Note: Discount rates are subject to change.


Australia New Zealand Singapore Hong Kong
Horses Harness Greyhound Horses Harness Greyhound Horses Horses
Win 10% 10% 10% 10% 10% 10% 10% 8%
Place 10% 10% 10% 10% 10% 10% 10% 8%
Quinella - - - 10% 10% 10% 10% 6%
Exacta - - - 10% 10% 10% - -
Trifecta - - - 10% 10% 10% 10% 6%
First 4 - - - 10% - - - -
Multiples 10% 10% 10% 10% 10% 10% 10% 10%
                          *Please Note: Discount rates are subject to change.




                   

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