Deposit Match Calculator
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Use the PromoGrind Deposit Match Calculator to find the exact hedge stake that converts a sportsbook deposit match bonus into guaranteed cash profit — before you deposit a single dollar.
Use the Deposit Match Calculator →
What Is a Deposit Match Bonus?
A deposit match is a sportsbook promotion where the book matches your deposit by a percentage — commonly 100% up to $1,000 (e.g., DraftKings, BetMGM, Caesars). The matched funds are typically released as bonus bets as you wager, or issued as a single lump sum bonus bet after your first qualifying wager settles.
How to Calculate the Optimal Hedge
The deposit match calculator treats the resulting bonus bets exactly like a standard free bet conversion: place the bonus bet on an underdog at favorable American odds (+250 to +400), then place a cash hedge on the opposing side at a different sportsbook. The calculator solves for the hedge stake that equalizes your outcome regardless of which side wins.
How Much Can I Expect to Extract?
Assuming a 100% deposit match of $1,000 and standard odds of +300 / -120, a typical extraction rate is 65–72% of the bonus amount — translating to roughly $650–$720 in guaranteed cash from a $1,000 bonus. Higher bonus percentages (e.g., 200%) are rarer but even more valuable when they appear.
Frequently Asked Questions
- Does the deposit match come as cash or bonus bets?
- It varies by sportsbook. Some issue the match as bonus bets immediately; others release them in increments as you play through a rollover requirement. The PromoGrind calculator handles both scenarios — enter the bonus amount you actually have available.
- Is there a rollover requirement?
- Many deposit matches include a playthrough requirement (e.g., 1x, 3x, or 5x the bonus). Higher rollover requirements reduce the effective extraction rate. The calculator factors in the rollover when determining your net expected value.
- Can I use the deposit match at the same book for the hedge?
- No — you need a separate cash account at a different sportsbook to place the opposing hedge. Having accounts at 4–8 books gives you the best hedge odds and maximizes your guaranteed profit on every bonus.