Bonus Bet Conversion Calculator
What is Bonus Bet Conversion?
Bonus bet conversion is a strategy to extract guaranteed cash value from free bets and bonus offers. By placing a free bet and hedging with real money on the opposite outcome, you can secure profit regardless of the result.
This calculator determines the optimal hedge bet amount to maximize your guaranteed profit from bonus bets, typically achieving 70-80% conversion rates.
Enter Bet Details
Calculation Results
🎯 Conversion Results
📋 Operation Steps
- Bonus Bet: Place bonus bet of $0.00 at odds 0.00
- Hedge Bet: Place hedge bet of $0.00 at odds 0.00
- Result: Guaranteed profit of $0.00 regardless of outcome
📊 Profit & Loss Table (Bonus Bet Conversion Example)
| Bet Type | Bet Amount | Odds | Result (Over Wins) | Result (Under Wins) |
|---|---|---|---|---|
| Bonus Bet | $100 | 2.10 | Win = $110 | Lose = $0 |
| Hedge Bet | $66 | 1.67 | Lose = -$66 | Win = +$44 |
| Net Profit | — | — | $44 | $44 |
📈 Conversion Result: Regardless of game outcome, guaranteed $44 cash profit with 44% conversion rate
🎯 Bonus Bet Conversion Guide
1️⃣ Parameter Explanation
Bonus Amount: Free bet credit provided by the platform
Bonus Odds: Odds for placing the bonus bet
Hedge Odds: Opposite odds used to hedge the bonus
2️⃣ Conversion Target
Expected Conversion Rate: 70% or higher
Example: $100 bonus → at least $70 withdrawable cash
3️⃣ Best Practices
Find Close Odds: Smaller odds difference between bonus and hedge bets results in higher conversion rate
Choose Main Markets: Use liquid markets like moneylines with fewer restrictions
Low Vig Hedge: Reduce bookmaker vig impact on conversion rate
Check Bet Limits: Ensure bet amounts are within allowed limits
Check Bonus Terms: Avoid conditions that prevent cashout
4️⃣ Important Notes
Bonus wins typically do not return stake, only winnings
Confirm both bookmakers allow the respective bet amounts
Bonus usage conditions may restrict market types or minimum odds
Best strategy is to hedge across different bookmakers to reduce risk
