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Bonuses · Free bets

Free bets: how much a free bet is really worth

A ৳1,000 free bet is worth less than ৳1,000. The stake does not come back, so only the winnings count. At odds 3.00 it is worth about 63% of the amount on average.

Below we work out the value at different odds and go through the terms that decide what you keep.

Stake not returned Calculator in ৳ 18+
Value at odds 2.00
48% of the amount, 5% margin
Value at odds 5.00
76% of the amount, 5% margin
The stake
Not returned only winnings are paid
Common minimum odds
1.50–2.00 check each offer

Short answer

What is a free bet worth?

Roughly the amount × (odds − 1) ÷ odds at a fair price, minus the bookmaker's margin. The higher the odds, the more of the amount is left on average.

Odds 1.50 32% of the amount
Odds 2.00 48% of the amount
Odds 3.00 63% of the amount
Odds 5.00 76% of the amount

Bonus maths

How to value a free bet

Value ≈ amount × (odds − 1) ÷ odds

with margin: × (1 − margin)

Example: 1,000 × 2.00 ÷ 3.00 × 0.95 = ৳633.3

Why the stake does not count

A normal ৳1,000 bet at odds 3.00 returns ৳3,000 if it wins: your stake plus ৳2,000. A free bet only pays the ৳2,000.

What it means: the value is the winnings times the chance. At a 5% margin the chance is 31.7%, and 31.7% × ৳2,000 = ৳633.

The formula assumes the odds reflect the true chance minus the bookmaker's margin.

Value per odds

What a ৳1,000 free bet is worth at different odds

The higher the odds, the more of the value you keep. The price is that the bet loses more often, so the value arrives less often.

Odds Win if it lands Chance (5% margin) Value without margin Value with 5% margin Conversion What it means
1.50 ৳500 63.3% ৳333 ৳317 32% low risk, little of the amount left.
2.00 ৳1,000 47.5% ৳500 ৳475 48% close to an even bet.
3.00 ৳2,000 31.7% ৳667 ৳633 63% a good balance of value and chance.
5.00 ৳4,000 19.0% ৳800 ৳760 76% more value, but more often nothing.
10.00 ৳9,000 9.5% ৳900 ৳855 85% the win comes rarely.

Free bet types

Common forms of free bet

FormHow it worksCheck
Free bet on first depositYou deposit and receive a free betMinimum deposit and minimum odds.
Bet and getYou place a first bet and get a free bet afterwardsYour first bet often needs minimum odds.
Stake back as a free betIf your first bet loses, the stake comes back as a free betThe value is the free bet's value, not the amount.
No-deposit free betA free bet for signing upSmall amounts and a short expiry.

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Glossary

Free bet terms

Free bet
A bet where the bookmaker pays the stake. So what: only the winnings are paid out, the stake is not returned.
Minimum odds
The lowest odds a bet must have to count towards the rollover. So what: higher minimum odds mean more of your bets lose.
Expiry
How long the bonus or free bet can be used. So what: anything not used in time is removed from the account.
Max win
The most you can win from bonus money. So what: a cap lowers the value of bets at high odds.
Margin
The share of all stakes a bookmaker keeps on average, built into the odds. So what: it decides what the rollover costs you.

FAQ

What is a free bet?

A bet where the bookmaker pays the stake. If it wins you get the winnings, but the stake is not paid out.

Do I keep the stake when a free bet wins?

No, only the winnings. A ৳1,000 free bet at odds 3.00 pays ৳2,000 if it wins.

What odds should I use a free bet on?

Higher odds keep more of the value on average, because the stake is lost either way. Odds around 3.00 are a common balance between value and the chance of winning.

Do free bets have a rollover?

It varies. Many free bets have no rollover on the winnings, but some do. Check the terms before you place the bet.

How long is a free bet valid?

The expiry is in the terms, often a few days. A free bet that is not used in time is removed.

Is it legal to claim a betting bonus in Bangladesh?

No bonus changes the law. The Gambling Prevention Act 2026 makes online gambling and online betting offences in Bangladesh, and a bookmaker's foreign licence does not make it legal. Read our responsible gambling page before you decide anything.