A free bet is worth less than the number printed on it. Because the stake is not returned when a free bet wins — you keep only the profit — its real cash-equivalent value is well below face. Enter the details below to see what an offer is honestly worth, and how a wagering requirement shrinks it further. This is an educational tool, not an inducement: it helps you value a promotion, not chase it.
A free bet returns only the winnings, not the stake. Enter the face value of the free bet and the decimal odds you would place it at. Higher odds convert a free bet into more real value; very short odds convert it into very little.
Real value = face × (1 − 1 ÷ odds), the fair-odds expectation when the stake is not returned. A real-cash bet of the same size would return face × odds; a free bet returns only the profit.
A deposit bonus usually must be "wagered" (rolled over) a number of times before any winnings can be withdrawn. Every one of those bets meets the house margin, so the rollover slowly grinds the bonus down. Enter the bonus, the wagering multiple, and a typical per-bet margin to estimate what survives.
Turnover = bonus × wagering multiple. Estimated value left ≈ bonus − (turnover × margin), floored at zero. The higher the rollover, the less a "bonus" is actually worth.
This calculator estimates the honest value of a promotion so you can judge it, not claim it. A free bet and a bonus are real, but both are worth less than their headline — the free bet because its stake is never returned, the bonus because a wagering requirement runs it through the house margin. The tool does not tell you to take any offer, and no promotion removes the built-in house edge. Its honest use is defensive: value the offer at its real worth, read every condition, and never deposit or stake more than you planned in order to "unlock" a bonus.
18+ only. Bet only on a PAGCOR-licensed sportsbook, set a deposit limit in advance, and treat any stake as the price of entertainment. If promotions are driving how or how much you bet, the responsible-gambling self-assessment and the National Problem Gambling Helpline (02) 8248-9568 are there for that.