Free calculator
Free Bet Conversion Calculator
Turn a sportsbook free bet (where the stake is not returned) into guaranteed cash by hedging at another sportsbook.
Cash hedge stake
$344.83
Guaranteed profit
$155.17
Conversion rate
77.6%
What this means
Free bets only return profit, not stake. By placing the free bet on a longshot at one book and hedging the opposing side with cash at another, you extract a fixed % of the face value as real profit regardless of result. Typical conversion is 65–80% with good odds matching.
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