Bonus Bet Calculator

Understanding Bonus Bet Calculations

A bonus bet (also known as a free bet or promotional bet) is a common offer from online bookmakers. Instead of wagering your own money, you're using a bet provided by the bookmaker. The key difference from a regular bet lies in how your return is calculated: you typically only receive the profit from the bet, not your original stake back (as the stake was provided by the bookmaker).

How the Calculator Works:

This calculator helps you estimate your potential profit and total return when using a bonus bet. It accounts for two main scenarios:

• Using the full bonus amount: You place the entire bonus bet value on a selection.
• Using a portion of the bonus amount (your stake): You decide to wager only a part of the bonus bet value.

The Math Behind It:

The calculation depends on the odds format. We handle decimal odds (e.g., 2.50) and fractional odds (e.g., 3/1).

Decimal Odds:

If your odds are in decimal format (e.g., D), the calculation is as follows:

• Potential Profit = (Bonus Bet Value * Decimal Odds) – Bonus Bet Value
• Total Return = Bonus Bet Value * Decimal Odds

If you specify a stake (S) less than the bonus bet value (B):

• Potential Profit = (Stake * Decimal Odds) – Stake
• Total Return = Stake * Decimal Odds

Fractional Odds:

If your odds are in fractional format (e.g., N/D, where N is numerator and D is denominator):

• Potential Profit = (Bonus Bet Value * (N / D))
• Total Return = (Bonus Bet Value * (N / D)) + Bonus Bet Value

If you specify a stake (S) less than the bonus bet value (B):

• Potential Profit = (Stake * (N / D))
• Total Return = (Stake * (N / D)) + Stake

Example Calculation:

Let's say you have a $50 Bonus Bet and you place it on a selection with Decimal Odds of 3.00.

• Calculation: Profit = ($50 * 3.00) – $50 = $150 – $50 = $100
• Total Return: $50 * 3.00 = $150
• This means you'd get $150 back in total, consisting of your $100 profit and the original $50 bonus stake (which isn't returned).

Now, if you decide to only use $25 of the bonus on those same 3.00 odds:

• Calculation: Profit = ($25 * 3.00) – $25 = $75 – $25 = $50
• Total Return: $25 * 3.00 = $75
• You'd get $75 back, with $50 being profit and $25 being the portion of the bonus you staked.

If you had 5/1 odds with a $50 Bonus Bet:

• Calculation: Profit = ($50 * (5 / 1)) = $250
• Total Return: ($50 * (5 / 1)) + $50 = $250 + $50 = $300
• You'd get $300 back, with $250 profit.

When to Use This Calculator:

• Evaluating the potential value of bonus bet offers.
• Deciding how much of a bonus bet to use on a particular selection.
• Comparing potential returns across different odds.

Total Return: $${formattedTotalReturn}