Bonus bet converter

Turn bonus bets into cash

A bonus bet only pays you the winnings. Put it on the longer odds, bet the other side with a little cash at a different book, and you keep about the same amount whoever wins.

How this works (4 steps)
  1. 01
    Your bonus stake is not returnedA $100 bonus bet at +300 pays $300, not $400. That is why longer odds keep more of it.
  2. 02
    Bet the bonus on the longer oddsPlace the bonus bet at the book that gave it to you, on the side with the bigger payout.
  3. 03
    Hedge with cash somewhere elseBet the other side with real money at a second book. We show the exact amount.
  4. 04
    Expect about 65 to 75 cents per dollarThat is a normal result. Anything above 70% is a strong conversion.

Your bonus

We only suggest hedge books that are legal where you are.

Choose your state to see hedge books.

Best conversions right now

Where to use it

Pick your book and tap Find the best bets.

Bet now opens the sportsbook in a new tab. We may earn a commission if you sign up through our links. It never changes your odds. 21+. Gambling problem? Call 1-800-GAMBLER.

DIYYour own odds

Manual calculator

Already found a bet? Enter American odds for both sides.

Welcome offers

Ranked by what they are worth

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Worth is the bonus at the conversion you can get right now (live means we found it in today's prices), minus the usual cost of the qualifying bet. Offers change and depend on your state, so check the terms at the book. We may earn a commission from these links.

Profit boosts

Is that boost worth it?

EVBoost rater

Find the game your book boosted. We price it against the fair odds from every book we scan, so you know if the boost actually beats the market.

    Pick a side on the left, or type the odds yourself.

    Read this first

    What can go wrong

    Odds move

    Prices change fast. Check both odds before you bet, and place the hedge right after the bonus bet.

    Voids and limits

    A book can void a bet or cap your stake. If one side is voided, you are no longer hedged.

    Odds minimums

    Some bonus bets need odds of at least -200 or similar. Read the promo rules.

    Expiry

    Bonus bets usually expire in 7 to 14 days. Use them before they disappear.

    This is math, not a promise. Only bet where it is legal and only with money you can afford to lose.