Pick longer odds
Bonus bets keep only the winnings, so odds around 4.00 to 8.00 usually convert a bigger share than short favourites.
Free tool
Turn a bonus bet into cash you keep, whichever side wins.
Choose the bookmaker your bonus bet is with. Arbly checks live prices across Australian bookmakers and shows the matches where it converts best, with the exact cover bets to place. No exchange account needed.
Bet type
Bonus bets don’t return the stake when they win, so you keep only the winnings. Longer odds usually convert more.
Choose your bookmaker to see the best conversions right now.
Have a Betfair account? Lay it instead.
Back your bonus bet at the bookmaker, lay the same selection on Betfair, and Arbly works out the exact lay stake.
Using your $50.00 bonus bet from above.
Check the commission rate in your own Betfair account; it varies by market and customer.
Cash you keep either way$35.9472% of your $50.00 bonus converted to cash
- Back at the bookmaker with your bonus bet$50.00 @ 5.00
- Lay the same selection on Betfair$39.06 @ 5.20
- Liability needed in your Betfair account$164.06
If the bookmaker bet wins$35.94
If the Betfair lay wins$35.94
Which bookmakers give bonus bets?
Most Australian bookmakers credit bonus bets to existing customers from time to time, for example as refunds or loyalty rewards. You’ll find them in the promotions or bonus bets section of your account. The converter works with bonus bets from any of these bookmakers.
Arbly isn’t affiliated with any bookmaker and doesn’t list promotions or sign-up offers. Always read a promotion’s terms, such as minimum odds and expiry dates, in your bookmaker’s app.
Cover at the best price
The smaller the bookmakers’ margin on a match, the more you keep. Arbly picks the best cover price from every other bookmaker it tracks.
Place the bets together
Prices move. Place the bonus bet first, then the cover bets straight away, and check each one is accepted before the start.
Want alerts when a great conversion appears?Arbly Pro will watch every Australian bookmaker and tell you the moment your bonus bet converts well.
See what Pro includes