Free Bet Return
When a stake-not-returned free bet wins, the return is the free bet stake multiplied by the back odds minus one.
(Back Odds − 1) × Free Bet StakeOn the left hand side, enter the odds for your "free bet" and the promotion amount. On the right side, enter the odds for the hedge stake and the calculator will provide the recommended amount to stake on the hedge.
Unlike regular bets, a “free bet” only pays out the profit — the original stake is not returned. Conversion outcomes are not guaranteed and depend on the odds available, sportsbook terms, market availability, and user error.
Enter the promotional free bet and the decimal odds offered by the bookmaker.
A stake-not-returned free bet pays profit only. The original promotional stake is not included in the return if the back bet wins.
Enter the lay odds and commission shown by your chosen betting exchange.
Commission is charged by the exchange on net winnings. Confirm the actual commission rate, market rules and liquidity before placing any bet.
When a stake-not-returned free bet wins, the return is the free bet stake multiplied by the back odds minus one.
(Back Odds − 1) × Free Bet StakeThe calculator divides the potential free bet profit by the lay odds after accounting for the lay commission percentage.
Free Bet Profit ÷ (Lay Odds − Commission)Lay liability is the amount required in your exchange account if the back selection wins.
Lay Stake × (Lay Odds − 1)The tool compares both possible outcomes to show the approximate converted value of the promotional free bet.
Results can vary and are not guaranteedBet responsibly. This Freebet Calculator provides mathematical estimates for informational and entertainment purposes only. Odds can move, bets can be limited or voided, exchange liquidity can change, and sportsbook terms apply. Never gamble with money you cannot afford to lose.
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