Bet refund calculator
A first-bet refund returns your stake if the first bet loses, up to a limit. Its value is the expected cost of the qualifying bet plus the probability of losing times the value of what comes back. With odds of 2.00 and a 5 % margin the bet loses with a probability of 0.525. A cash refund keeps its full value, while a refund paid as a bet credit is worth what the bet credit is worth, which is less. Enter the stake, the odds, the margin and the form of the refund to see the value for a typical player.
Result
Enter the terms of the offer and select Calculate.
How this is calculated
The qualifying bet is placed at odds of at least 2 or the minimum odds in the terms. The value is the expected cost of that bet (its amount × the 5 % margin) plus the chance that it loses × the value of the refund. A refund paid as bonus money needs a simulation and is not covered by this calculator.