General Betting Math
Free Bet Conversion Calculator
Build a transparent locked promotional value estimate, review the formula, and test the least certain field before comparing a price.
Create a timestamped input set
Use a separate saved case when an uncertain field needs a cautious alternative.
The question behind the result
The headline Locked promotional value is determined directly by Free-bet amount and Qualifying decimal odds; the remaining fields supply the comparison or adjustment required for Free Bet Conversion.
Free-bet amount records promotional stake that is not returned. For locked promotional value, Qualifying decimal odds represents price used for the free bet.
News, format, and settlement context
For this comparison, use an executable price for the exact selection and stake, not an earlier screenshot or an unavailable best quote.
On this page, cash, restricted credit, gross return, and net profit may require separate accounting.
Change one assumption at a time
Within this calculation, the calculation uses conversion uses a lay-style hedge and excludes return of the free stake.
In the current scenario, use a separate scenario for a plausible upper or lower assumption.
Reproducing the method
For the Free Bet Conversion Calculator, the example is deliberately separate from the loaded scenario and should be read as a method check, not betting advice.
Free-bet amount is set to $94 for this worked case.
Qualifying decimal odds is set to 3.92 for this worked case.
Hedge decimal odds is set to 1.365 for this worked case.
Exchange commission is set to 2.1% for this worked case.
Applying the Free Bet Conversion rule: conversion uses a lay-style hedge and excludes return of the free stake.
- Hedge stake: $202.22
- Conversion rate: 76.87%
For this locked promotional value example, review the formula line and field units if the supporting values disagree with the displayed worked result.
On this page, inspect units before changing the formula when results differ.
Direct the sports arbitrage part of the review to Sports Arbitrage; do not fold its fields into Locked promotional value.
Reasons to calculate again
Promotion and exchange settlement rules must match the entered assumptions.
Within this calculation, review promotion terms, limits, push treatment, void rules, and whether stake is returned before comparing profit.
Reading the headline and supporting rows
In the current scenario, use the output as decision support and keep personal limits outside it.
When to update the page
Use a fresh case on Kelly Criterion for kelly criterion; keep its inputs tied to the market named on that page.
Separating the baseline from uncertainty
This calculator answers the task stated on the page—Estimate hedge size and retained value from a stake-not-returned free bet. It does not automatically answer a staking, payout, or unrelated prop question. Keep Free-bet amount and Qualifying decimal odds attached to this purpose so the meaning of Locked promotional value does not drift during later comparisons.
Input and settlement questions
For this market, why preserve the earlier Free Bet Conversion result?
Treat the revised situation independently: preserve this answer, then rebuild the inputs for the new period beginning with Free-bet amount.