Free Play Amount

Free Play Line

Hedge Line

Hedge Bet$0.00$ Profit$0.00% Profit0.00

Current Free Bet Conversion Opportunities

Conversion

85.71%

Date

Event

Christopher Eubanks vs Benjamin Bonzi

Tennis

Market

1st Set Total Games

Over 7.5

-2000
PointsBet
PointsBet (Australia)

Under 7.5

+1800
bet365

Help Menu

Conversion

85.71%

Date

Event

Christopher Eubanks vs Benjamin Bonzi

Tennis

Market

1st Set Total Games

Over 7.5

-2000
PointsBet
PointsBet (Australia)

Under 7.5

+1800
bet365

Help Menu

Conversion

85.71%

Date

Event

Christopher Eubanks vs Benjamin Bonzi

Tennis

Market

1st Set Total Games

Over 7.5

-2000
PointsBet
PointsBet (Australia)

Under 7.5

+1800
bet365

Help Menu

Subscribe banner image

Start your FREE trial

You are seeing the least profitable bets on the free version of OddsJam. Start your free trial to get full access to the best betting opportunities at the fastest update speeds.

Start your free trial

Already a member? Login now

How to Use a Free Bet Conversion or Free Play Calculator

A free bet calculator (e.g. free play calculator), or free bet conversion calculator, determines the rate at which you can turn a free bet into cash. As part of many promotions and sign-up bonuses, US and Canadian sportsbooks offer "free bets," or freeplays. Free bets are different from cash because, if your wager wins, you do not get back your initial stake. Learn more about Free Bets in this article, What is a Free Bet? Learning how to use a free bet calculator will enable you to convert your free bets into cash at the highest possible rate with no risk. As an example, imagine you have a $100 free bet on BetMGM. On the Free Bet Conversion Tool you see an opportunity on the Over/Under 50.5 in the New England Patriots vs Jacksonville Jaguars. If you place that $100 free bet on the Over 50.5 at +300 odds you could use this calculator to calculate the size of the hedge bet to make at a different sportsbook to lock in a guaranteed profit. In this case, you would need to place a $220 bet on the Under 50.5 at -275. No matter the outcome you would net $800 (Free bet wins = $300 minus $220 hedge bet = $80, hedge bet winds = $80). Most sports bettors aim to get free bet conversion percentages over 70%. This means that for a $100 free bet, you will be able to earn $70 cash risk-free.

Inputs

Free Bet Size: The free bet size in dollars Free Bet Line: The line at which the freeplay is bet (US or decimal) Hedge Line: The line at which the freeplay is hedged

Outputs

Hedge Bet: The dollar amount wagered on the hedge to extract risk-free value $ Profit: The risk-free profit in real dollars obtained from the freeplay bet and hedge % Profit: Dollar profit as percent of freeplay notional size.

Frequently Asked Questions

Get the most profitable bet in Virginia delivered to your inbox, every day

Need some help?

Arrange a 1-on-1 Call

We're here to help! Book your free 1-on-1 call with one of our professional sports bettors to help maximize your profits with OddsJam!

Sync your Sportsbooks

Sync your sportbooks so you can automatically track your betting profits in real-time

Your Local Teams

TEAM

NEXT GAME

Top Odds Boosts