Freebet & Risk-Free Bet Calculators
Freebet Calculator
Stake to Hedge
$105.26
Profit if Freebet Wins
$94.74
Profit if Freebet Loses
$94.74
Freebet Conversion Rate
94.74%
Risk-Free Bet Calculator
Optimal Hedge Stake
$105.26
Profit if Main Bet Wins
$-5.26
Profit if Main Bet Loses
$94.74
Frequently Asked Questions
How much is a free bet worth?
A free bet (stake not returned) is worth less than its face value because you keep only the profit, not the stake. Its value is roughly face value times (decimal odds minus 1) divided by decimal odds.
What does stake not returned (SNR) mean?
With a free bet, your stake is not included in the payout, so you win only the profit. This calculator accounts for SNR when valuing the bet.
What odds should I use a free bet on?
Higher odds extract more value from a free bet but are riskier. Many bettors lock in value by using the free bet as one leg of a matched bet and laying it off at an exchange.
Can I withdraw a free bet as cash?
No. You realise the value of a free bet by winning bets placed with it, or through matched betting where you back with the free bet and lay at an exchange.
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