Extract guaranteed profit from 'first bet insurance' promos.
Longshots work best — the refund is worth more relative to the risk
What you expect to convert the refunded bonus bet into — ~70% is typical
Hedge Bet Amount—
Profit if Insured Bet Wins—
Profit if Insured Bet Loses—
What is the Risk-Free Bet?
"Risk-free" or "first bet insurance" promos refund your stake as a bonus bet if you lose. Since bonus bets are only worth ~70% of face value, the optimal play is to bet a longshot with the insured stake and hedge the other side with cash — locking in profit whether the insured bet wins or the refund arrives.
How to use it
1.Enter the insured stake and the odds — longshots maximize the value of the insurance.
2.Enter the hedge odds on the other side and your expected bonus-bet conversion rate (default 70%).
3.The hedge stake balances the two outcomes, counting the refund's real cash value.
Example
A $1,000 insured bet at +400, hedged with $3,638 at -550, profits about $362 if the longshot wins — and roughly the same if it loses, once you convert the refunded bonus bet at 70%.
