# Risk free betting calculators

Use our free matched betting calculator to work out how much money you need to stake on your lay bet at the betting exchange to earn a profit. Make your sports betting experience easier with our arbitrage calculator, to win free money from your bets (see Risk of Arbitrage betting at the end). Risk-free bets are a tad more complicated because they usually have a lot more rules. In , new customers at FanDuel could get a \$ risk-free bet. ETHEREAL CC LEAHLILLITH

The reason for this is that with the free bet, you don't receive the amount wagered back, whereas you do with the hedge bet. The higher the potential winnings from the free bet, the more you have to hedge against. Choosing big underdogs for your free bet is usually the best move. The reasoning for this is very similar to the reasoning above.

You want the max potential payout from your free bet so you have more to hedge against. We say usually because it still comes down to the odds. The closer the odds between the underdog and the favorite are, the better. There are instances when placing your free bet on a huge underdog won't produce the most profit if the odds on the favorite are very unfavorable relative to the underdog.

If you're not sure which market will give you the highest potential payout, use our free play calculator to compare guaranteed profits. Other Betting Resources We have many other resources and tools other than our free bet conversion calculator that you can use to help you along your sports betting journey.

No Deposit Free Bets: See which sportsbooks currently offer no deposit free bets and learn how to take advantage of them. This seems easy, but how do you find true odds? Essentially, true odds are subjective. However, one person can calculate true probability by using predictive models. This is where handicapping comes into play. Example Game: Tennessee Titans vs.

Bills game at even odds. By using our odds calculator, you can calculate the implied probability of either team winning. Since the same odds are offered for the Bills to win, the implied probability for the Bills to win are What can you do with this information? If you are able to calculate true probability, you can use those odds to make an informed decision on who to bet on. It is important to note that if your true probability is higher than the implied probability that a sportsbook is giving you, then that is a valuable bet.

Creating an accurate predictive model can take years to perfect. This is not something that everyone can take advantage of, but if you are looking for a place to start you can check out the resources we have on our betting education page.

Be sure to shop around at different books and get the best odds possible. The difference of and can save you a lot of money over the course of your sports betting career. You can visit our sportsbook review hub and see which books offer the best odds. Frequently Asked Questions.

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The Best Way to Use Risk-Free Bets from Online Sportsbooks and Betting Sites

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