Free Bet Conversion Calculator
Expected cash from a stake-not-returned free bet.
Uses implied win probability × profit on win; stake is not returned.
Free Bet Conversion Calculator
Adjust inputs to see updated results.
Table of Contents
How to Use This Calculator
Enter free bet amount and decimal odds. The tool computes SNR (stake-not-returned) expected value: on a win you receive profit only, not the free-stake face.
Free bet size
Token value you must place in one shot.
Decimal odds
Line you can actually get—narrow favorites often maximize conversion.
Read SNR EV
Lower than cash-bonus EV at the same odds—by design.
Compare tools
Use bonus bet conversion when stake returns like cash.
SNR Expected Value
EV ≈ free × (1/d) × (d − 1)
Matches the code path for free_conv in the shared handler.
Examples
Example 1 — $50 at 2.00
EV ≈ 50 × 0.5 × 1 = $25. Contrast with cash bonus path on the sister tool.
Example 2 — Short favorite
Decimal 1.40 → smaller per-win profit but higher win rate—EV may still be competitive.
Example 3 — Matched betting
Pair with qualifier loss in matched betting EV.
Frequently Asked Questions
Wins do not return the free-stake amount—only profit lands in your balance.
Convert to decimal first.
Same family—compare with free play value for alternate framing.
Yes—SNR value is sensitive to the price you can actually bet.
No—expected value only; you can lose the free bet outright.
