Bonus Bet Conversion Calculator
Calculate optimal hedge for converting a free play into real money
Hedge Bet
$0.00
$ Profit
$0.00
% Profit
0.00
This calculator helps you extract guaranteed profit from bonus or free play bets by calculating the optimal hedge bet on the opposite outcome. Just enter your bonus amount, the line for the bonus bet, and the hedge line. The tool will calculate how much to stake on the hedge and show your dollar and percent profit.
Tip: Use this tool to convert bonus bets into real cash while minimizing risk and locking in value.
Frequently Asked Questions
A bonus bet (or free bet) is a promotional offer from a sportsbook where you can place a wager without using your own money. If it wins, you only receive the profit—not the original stake.
This calculator shows you the exact hedge amount to place on the opposite side of your bonus bet in order to convert your bonus into real, withdrawable cash with minimal risk.
Unlike regular bets, bonus bets only pay out the winnings. If you bet a $100 bonus at +300 and win, you get $300—but not the $100 stake itself.
A good bonus bet conversion rate is typically 70% or higher. That means turning a $100 bonus into $70 or more in profit after hedging.
Hedging requires placing a second bet with different odds, often only available at a different sportsbook. This helps you lock in profit no matter the outcome.
Yes, as long as both the bonus bet and hedge are on opposing outcomes of the same market (e.g., Over vs Under), and odds are from different books.
Consistent hedging and bonus conversion can trigger limits or restrictions from sportsbooks. It’s smart to rotate books and avoid patterns.