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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.
- 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.
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
| Form | How it works | Check |
|---|---|---|
| Free bet on first deposit | You deposit and receive a free bet | Minimum deposit and minimum odds. |
| Bet and get | You place a first bet and get a free bet afterwards | Your first bet often needs minimum odds. |
| Stake back as a free bet | If your first bet loses, the stake comes back as a free bet | The value is the free bet's value, not the amount. |
| No-deposit free bet | A free bet for signing up | Small amounts and a short expiry. |
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18+ · T&Cs Apply · Play Responsibly
18+ · T&Cs Apply · Play Responsibly
18+ · T&Cs Apply · Play Responsibly
18+ · T&Cs Apply · Play Responsibly
18+ · T&Cs Apply · Play Responsibly
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.