Bonus Bet Conversion Calculator
Turn a bonus bet into cash you keep.
Enter your bonus-bet amount, the odds you’ll place it at, and the hedge odds to see what it is worth in cash.
How do you convert a bonus bet to cash?
A “free” or bonus bet only pays winnings, not the stake — so you place it on a longshot and hedge the other side at another sportsbook. Done right, the hedge converts a large share of the bonus into cash, whichever side wins, if both bets fill at the prices shown. The higher the free-bet odds, the better the conversion.
Sharp App does this automatically across 100+ sportsbooks and apps — see the Arbitrage Finder.
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Bet strategically.
Not emotionally.
Sharp App surfaces the highest-value arbitrage and +EV bets across 100+ sportsbooks and apps in real time — every signal rooted in math, not personality picks.
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