Bonus Bet Conversion Calculator
Turn a free bet into real, guaranteed cash.
Enter your free-bet amount, the odds you’ll place it at, and the hedge odds to see the guaranteed cash value.
Conversion rate78.94%
Guaranteed profit$78.94
Hedge stake$221.06
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 book. Done right you lock in 60–75% of the bonus as real cash regardless of the result. The higher the free-bet odds, the better the conversion.
Sharp does this automatically across 100+ books — see the Arbitrage Finder.
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