Can someone walk me through the math on free bet conversion?

I’m assuming conversion means one arb, with a free bet against real money, pays back the value of both if it was 100% conversion. $100 free bet, $100 cash, $200 guaranteed. Correct me if I’m wrong. First time with a $500 free bet and I wanna make it count. I'm glad you posted this. 🤯🤯 im …

CouponFollow Extension

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Can Someone Walk Me Through The Math On Free Bet Conversion?

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reddit.com

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Free-Bet Conversion Calculator - Hedge-my-bets.com

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– A good conversion is 60% or higher – You’ll want to place the Free-Bet on high positive odds (ex +300) to maximize your profit on it, but the higher the odds, the more money you will have …

hedge-my-bets.com

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Free Bet Conversions Explained: Turn Free Bets Into Free Money

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Jun 29, 2022 · For example, if you have a $100 free bet and can guarantee $75, that would be a 75% conversion. Taking that to the next level, the specific odds pairing will dictate how much …

betbothsides.com

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Education - Free Bet Convert - Sports Betting Intel

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If the Pistons beat the Nets (hey, stranger things have happened), then you lost your FD bet on the Nets, but your free bet on the Pistons on DK paid out $350, so you still made $73.68. You …

sportsbettingintel.com

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Free Bet Conversion: How It Works And How To Get Started

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Put simply, it involves these 5 steps: Registration: Begin by signing up with a sportsbook that's offering a free bet or signup promo, e.g. ‘Bet $5 get $150’. Qualifying Bet: Place a bet using …

profitduel.com

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How To Take Advantage Of Free Bet Conversion - DoubleDown Odds

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Apr 17, 2024 · If you can find favorable odds on a pre-game bet, then you can reasonably expect to convert a bonus bet at 60% to 70%. Live betting free bet conversion comes with a little more …

doubledownarbs.com

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Bonus Bet Conversion Calculator - OddsJam

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If you place that $100 bonus bet on the Over 50.5 at +300 odds you could use this calculator to calculate the size of the hedge bet to make at a different sportsbook. In this case, you would …

oddsjam.com

FAQs about Can someone walk me through the math on free bet conversion? Coupon?

What is a good free bet conversion?

Typically, a free bet conversion of 70% or more is considered good. The tool above can also be used as a free bet conversion calculator or risk-free bet calculator. Always place the free bet on the side of a two-way market with longer odds. ...

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. ...

How do I use the free bet calculator?

Using the top section of our Free Bet Calculator will show you how much to wager to maximize your guaranteed profit. You can use the bottom section to see how much you would win if you wager a different amount than the top section suggests. In the second case, you could win more or less depending on the result of your free bet and the other wager. ...

What is the bet calculator app?

The Bet Calculator app is a free and easy-to-use tool for quick sports and esports betting profit and return calculations (with optional modifiers). It also works great for odds conversion between different odds formats. You can even add it to your home screen on mobile (and desktop) devices to have quick access to our free customisable calculator. ...

How to maximize free bet conversion?

Some strategies for maximizing free bet conversion involve matched betting, where bettors use free bets on one outcome of an event while placing a cash bet on the opposite outcome at another bookmaker or exchange, ensuring a profit regardless of the event’s outcome. ...

Where should you place a free bet?

Always place the free bet on the side of a two-way market with longer odds. For example, you're better off placing a $100 free play on +225 odds and hedging it with $165.79 on the -280 side (guaranteeing profits of $59.21) than placing the $100 free bet on -280 odds and hedging with $10.99 on the +225 side (only guaranteeing $24.73). ...