Bonus bet conversion calculator
Find the opposing stake that converts a stake-not-returned bonus bet into predictable cash.
$80
Bet $220 at −275 on the other side to keep $80 either way, 80% of the bonus.
- Cash hedge
- $220.00
- Guaranteed cash
- $80.00
- Conversion rate
- 80.00%
Put the bonus bet on a long price and hedge the other side with cash at another book. Longer odds usually keep more. This assumes the bonus stake is not returned when it wins.
How to use the bonus bet conversion calculator
A bonus bet conversion pairs a promotional wager with an opposing hedge. The goal is to balance both outcomes and turn promotional credit into predictable cash.
- 1Enter the bonus amount and odds for the promotional wager.
- 2Enter the opposing hedge odds.
- 3Review the recommended hedge stake and expected conversion rate.
Formula and assumptions
Hedge stake balances the bonus-bet profit against the hedge payout after accounting for stake-not-returned rules.
This model assumes the bonus stake is not returned and ignores fees, limits, void rules, and price movement.
Questions
Answers about this free bonus bet conversion calculator, sports betting odds, payouts, and the math behind each result.
- When the bonus bet wins, only the profit is paid. The promotional stake itself is not included in the return.
- It is the percentage of promotional credit expected to become withdrawable cash after the hedge is placed.