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Promo / Bonus Bet Converter

Turn a stake-not-returned bonus bet into expected cash. Optionally hedge on the other side to lock in guaranteed value.

Live calculator
Promo / Bonus Bet Converter
Gross if bonus wins
$100.00
Hedge stake
$66.67
Guaranteed cash
$33.33
Conversion
66.7%
Assumes bonus bet returns winnings only (stake not returned), and a frictionless hedge on the opposite side.

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Educational analytics only. Outputs are model estimates, not financial, investment or betting advice. No outcomes are guaranteed. Edgewise does not accept wagers, does not offer inducements, and is not a wagering service provider under the Interactive Gambling Act 2001 (Cth). You win some. You lose more. 18+ only. Free, confidential help anywhere in Australia: 1800 858 858 (Gambling Help Online) · national self-exclusion at betstop.gov.au.

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Important · educational analytics only · available Australia-wide

Edgewise provides quantitative sports analytics for research and education to users across all Australian states and territories. Nothing on this platform is financial, investment, legal, tax or betting advice and no profits, returns or outcomes are guaranteed. Models are statistical estimates and may be wrong. Edgewise is not a bookmaker, does not accept wagers, does not offer or promote inducements, and is not a regulated wagering service provider under the Interactive Gambling Act 2001 (Cth).

You win some. You lose more. Gambling carries financial risk and can be addictive. You must be 18 or older to use this service anywhere in Australia. Bet only with operators licensed in an Australian state or territory and only within your means. Free, confidential 24/7 support: Gambling Help Online — 1800 858 858 · gamblinghelponline.org.au. National self-exclusion register: betstop.gov.au. Personal information is handled in accordance with the Privacy Act 1988 (Cth) and the Australian Privacy Principles.

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