Bonus Bet Conversion Calculator - OddsJam

Learning how to use a bonus bet calculator will enable you to convert your bonus bets into cash at the highest possible rate. As an example, imagine you have a $100 bonus bet on BetMGM. …

$100
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Bonus Bet Conversion Calculator - OddsJam

1 week from now

Learning how to use a bonus bet calculator will enable you to convert your bonus bets into cash at the highest possible rate. As an example, imagine you have a $100 bonus bet on BetMGM. …

oddsjam.com

$62.50
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What Is Free Bet Conversion? How To Maximize Your Free Bets

1 week from now

Based on these odds, the calculator says to hedge about $62.50 on the Leeds +4.5 bet assuming the $10 free bet at +700 is placed on DraftKings. If Liverpool covers the -4.5, you’ll receive a …

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FAQs about Bonus Bet Conversion Calculator - OddsJam Coupon?

What is a bonus bet conversion calculator?

The Bonus Bet Conversion Calculator is an essential tool for sports bettors using promotional or bonus bets. Bonus bets differ from regular bets in that you don't receive the stake back with your winnings. ...

How do I use a bonus bet calculator?

To use this calculator, simply input the amount of your bonus bet, the odds on which you're betting the bonus, and the opposing odds at another bookmaker. The tool will calculate and display how much to hedge to ensure you maximize your return from the bonus bet. ...

How do you calculate the expected value of a bonus bet?

The expected value calculator requires three inputs: your stake, the odds of your wager, and the implied win percentage of your bet. A bonus bet calculator, or bonus bet conversion calculator, determines the rate at which you can turn a bonus bet into cash. ...

What is a bonus bet?

Bonus bets differ from regular bets in that you don't receive the stake back with your winnings. This calculator helps you determine how to place a hedging bet at another sportsbook to guarantee a profit no matter the outcome of the event. ...

How do I use oddsjam's bonus bet?

Use OddsJam’s Bonus Bet to determine the size of the hedge bet you would need to make to lock in a guaranteed profit - converting your bonus bet to cash. ...

How do I convert a free bet to a hedge bet?

Enter your free bet dollar value to ensure the dollar amount to bet on both sides is correct. 3. Place the free bet on the free bet sportsbook (be sure to select the free bet when placing the bet in that book). 4. Place the hedge bet on the other sportsbook indicated for that free bet conversion using the bet size indicated in bold. ...