How to Use a Free Bet | Sports Betting 101 | Converting Free Bets Into Real Cash

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In this video, Matt outlines free bets on US sportsbooks, such as FanDuel sportsbook. We go through an example of a free bet conversion using the free bet calculator to show you how to turn a free bet into cash.

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Many US and Canadian sportsbooks, such as Pointsbet, BetMGM, FanDuel and DraftKings, offer free bets to users as a part of their sportsbook promotions. Free bets are not the same as cash. They are worse because you do not get your principal back. For that reason, you should know how to optimally convert free bets into cash with a free bet calculator. Increasing your free bet conversion percentage will allow you to make more money sports betting.

Using an example on FanDuel, Matt shows sports bettors what to do with a free bet. You can use the Free Bet Convertor on the OddsJam Website, to turn that free bet into real cash.

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