Free Bet Calculator
Convert a free or bonus bet into guaranteed cash. Compute the exact hedge stake and lock the maximum profit.
New to this? Start with:Hedge Calculator
Quick start
- Enter the free-bet token value and odds
- Enter the opposite-side hedge odds
- See the guaranteed cash and the exact hedge stake
Try a free bet example
$100 free bet at +200 hedged at -150 → guaranteed $80, 80% conversion.
Enter the free bet stake, free bet odds, and hedge odds to see the conversion.
How to Use the Free Bet Calculator
Enter the Free Bet Stake — the token value the sportsbook gave you. Enter the Free Bet Odds — the line you plan to put the free bet on. Enter the Hedge Odds — the best opposite-side price you can find on a different sportsbook.
The calculator returns: Guaranteed Cash (locked profit), Conversion Rate (% of token value converted), Hedge Stake (real money to wager on the hedge side), and per-outcome profit breakdowns.
Worked example: $100 free bet at +200 (decimal 3.0). Hedge available at -150 (decimal 1.667). The free-bet payout would be $200 profit. To equalize, you stake $200 / 1.667 = $120 on the hedge. Both outcomes return $80 profit — 80% conversion.
For maximum conversion: pick a free-bet line at +200 or higher and a hedge price with the lowest possible juice.