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Bonus bet calculator
A bonus bet pays only the winnings, not the stake, so it's worth less than its face value. Put it on one side and cash on the other at the right stakes, and you get about the same amount whichever side wins: usually 70-80% of the bonus.
Cash you lock in, whatever wins
$36.63
Conversion
73.3%
| Bet | Odds | Stake |
|---|---|---|
| Bonus bet | 4.55 | $50.00 |
| Cash on the other side | 1.26 | $140.87 |
Cash needed for the hedge: $140.87. You get it back if the hedge wins.
This locks in $36.63 only at these exact odds. Check both prices are still available, place the bonus bet first, then the hedge straight away.
Finding the odds is the hard part
The calculator needs the best price for each side. Puntsmith checks every market at your Australian bookmakers and shows the best bonus bet and hedge, with stakes, in one list.
Join the free beta →Good to know
Odds move, so check them right before you bet. Read your promo's terms: minimum odds, which markets, and whether the stake is returned. Bookmakers can limit accounts that mostly take promos.
Puntsmith is an information tool. It doesn't take bets and can't guarantee a result. 18+ only.