Freeplay Calculator
Numerous books are currently providing top sportsbook bonuses upon signing up or making a deposit. Utilizing the Free Play calculator can assist you in determining the best game and betting odds to utilize your free play bonus on. To use the calculator, input the amount of your free play bonus, the odds of the team you wish to bet on, and the odds of the opposing team. The calculated results will indicate the amount you should bet to ensure a profit with your free bet. Take your time to compare odds across various sportsbooks to find the best play for your free play bonus. Visit the betting odds page to see a variety of odds offered by different sportsbooks. The sportsbooks listed below provide excellent odds and are definitely worth exploring.
Inputs
Freeplay Size: The dollar amount of the freeplay availableFreeplay Line: The odds at which the freeplay is wagered (US or decimal)Hedge Line: The odds at which the freeplay is hedged
Outputs
Hedge Bet: The amount of money placed on the hedge to eliminate risk and ensure a profitProfit: The guaranteed profit earned in real dollars from the freeplay bet and hedgePercentage Profit: The dollar profit expressed as a percentage of the freeplay bet amount.
Example
For instance, if you were to receive a $200 freeplay from a book and bet it at +200 with a hedge at -215, you would enter $200 into the “Freeplay Size” box, +200 into the “Freeplay Line” box, and -215 into the “Hedge Line” box. Upon clicking “Calculate,” you would see that the proper amount for the hedge bet would be $273.02, resulting in a locked-in profit of $126.98, or 63.49% of the notional value of the freeplay.In contrast, if you were to bet the same $200 freeplay at -110 and hedge at +120, the proper hedge bet would be $82.64, with a locked-in profit of $99.17, or 49.59% of the notional value of the freeplay. This comparison suggests that betting a freeplay at +200 and hedging at -215 would yield a better outcome than betting at -110 and hedging at +120.
Free Play Calculator
Featured Underscoregs
Free Play Value Calculator
Many online sportsbooks entice new customers with enticing sign-up bonuses to differentiate themselves in a competitive market. These bonuses typically come in two forms: cash bonuses or free play bonuses. While cash bonuses are more appealing as they allow you to keep your stake if your bonus bet wins, free play bonuses do not offer this same advantage. It is important to handle free play bonus credits differently from cash bonuses to maximize their value.
This calculator can assist you in deciding if you can make a risk-free profit by using a free play bonus and hedging the opposite side at another sportsbook. Ensuring a guaranteed profit is the ultimate goal for any sports bettor, but it can be incredibly challenging without the proper sports betting strategy. Typically, it is recommended to use the free play bonus on big underdogs and then place a hedge bet elsewhere to secure a risk-free profit. This free play calculator will aid you in navigating the intricate realm of free play bonuses.
How to Make Money with Free Play Bonuses
Imagine receiving a fantastic sportsbook promo from a top sports betting site: a 100% free play bonus worth up to $200. With this bonus, you could place a bet on the Miami Dolphins to beat the New England Patriots at odds of +200. To hedge your bet, you could also wager $270 on the Patriots at odds of -215 on another sportsbook site. This strategy would guarantee a profit regardless of the game’s outcome, making it a smarter choice than relying solely on luck. Keep in mind that if the Dolphins win, you will still need to meet any rollover requirements associated with the free play bonus. By using hedging or arbitrage techniques, you can secure a risk-free profit once the rollover requirement is satisfied.
Free Play Bonus Calculator
Easily calculate the optimal wager amount to hedge your free play bonus credit with our free play value calculator. Simply input the Free Play Size (e.g. $50, $100, $200, or $1,000), Free Play Line (odds for a specific outcome), and Hedge Line (odds from a different sportsbook for the opposite result).
Let’s use the example mentioned earlier where Underscoreg A is offering a $200 free play bonus and +200 odds on the Dolphins. Input $200 in the Free Play Size box and +200 in the Free Play Line box. If you see -215 odds on the Patriots at Underscoreg B, enter that in the Hedge Line box. Click “Calculate” to find out the optimal amount to bet on the Patriots at Underscoreg B to maximize your risk-free profit. In this scenario, you would need to bet $273.02 on the Patriots at Underscoreg B to secure a profit of $126.98, regardless of the outcome.The free play value calculator will show you the size of the wager to place at Underscoreg B (Hedge Bet), the locked-in profit ($ Profit), and the percentage profit you will make on this bet (% Profit). This free play calculator is user-friendly and accepts American or decimal odds. For Decimal odds equal to or greater than 100, add a “d” or “0” before the odds. For instance, decimal odds of 200.0000 can be entered as “d200” or “0200”.
Who Should Use the Free Play Value Calculator?
The free play value calculator is a tool for those looking to approach bonus deals in a more strategic manner. Many bettors simply accept bonuses, place bets on their chosen team, and hope for the best. However, this can be risky as you often have to deposit your own money to unlock the bonus, and you may end up wasting it if your prediction is incorrect. The calculator helps you guarantee a profit, making it more of an investment than a gamble.This tool is beneficial for both beginners and experienced bettors. Underscoregs are increasingly offering free play bonuses instead of cash bonuses, and with the right strategy, they can be quite profitable. Whether you’re new to online sports betting, looking to capitalize on new bonuses, or somewhere in between, the calculator can help you make smarter decisions. Give it a try with March Madness or Final Four odds for upcoming games!
Using Multiple Underscoregs to Find the Best Odds
After activating a free play bonus and betting it on a specific team, it is recommended to search for the highest odds on the opposing team at a separate sportsbook. This will help maximize the guaranteed profit from the game. Different sportsbooks offer varying odds for the same game due to factors such as operating margins, interpretations of the game, reactivity, and errors. Utilize the odds comparison tool on our online sportsbook review site to locate the top odds on the opposing team following your free play bet.
Other Resources for Handicappers
Our mission is to equip sports bettors with the necessary resources to outsmart the bookmakers. With our comprehensive betting odds comparison tool and extensive online sportsbook reviews, you can easily find reputable and secure platforms to place your bets and explore various strategies such as arbitrage, the Kelly Criterion, and buying half-points. Don’t forget to visit our Kentucky Derby betting sites and utilize our odds converter for fractional Kentucky Derby odds.
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