AI free bet converter: what your bonus bet is really worth

bonus bet (free bet) conversion calculator: place the bonus on one side, hedge the other at a second book, and see the guaranteed cash you walk away with.

Bonus bet amount ($) Odds you place the bonus at Odds on the other side (hedge)

Nothing is worked out until you tap. Five runs a day, unlimited with a Velvet seat.

How it works

A bonus bet keeps the winnings but not the stake, so it is worth most on a long price. Hedging the other side at a second book turns the bonus into cash whichever way the game goes.

More calculators: the Money Room · hedge · devig · parlay · Kelly · EV

About the bonus bet calculator

A bonus bet, or free bet, usually pays only the winnings and not the stake, so a $100 bonus bet at +300 returns $300, not $400. Enter the bonus amount and the odds to see what the bet is worth, and the hedge that turns the bonus into the most guaranteed cash.

What odds get the most from a bonus bet?

Longer odds keep more of the bonus's value, often around +300 to +500, because the stake is never returned.