Calculators

A bonus bet is a promotional free bet that a bookmaker gives you under certain conditions. For example, some books run deals like “deposit $100, get $100 in bonus bets.” If you put $100 into your account, they’ll credit you with another $100 in bonus bets to use on their site.

They’re basically free wagers you can play with. If your bonus bet loses, you don’t lose any of your own cash. If it wins, you pocket the profit portion of the bet. The only catch is that the original stake doesn’t come back, since it was bonus money in the first place.

Normally you can’t just cash them out. But with our bonus converter software, you can flip them into real profit using a type of arbitrage. For instance, a $50 bonus bet can reliably be turned into about $50–$55 in cash returns, and you don’t take on any actual risk when doing it properly.

Kind of. If you hammer every promo too aggressively, bookmakers will catch on and may cut you off from future deals. On the flip side, if you look like a more casual bettor, some books actually put you on VIP lists where you’ll get even juicier and more frequent promotions. The trick is balancing how you use them.