After your first offer · Lesson 1 of 5
Choose your next offer
Compare what an offer asks you to do, the cash needed at both books, and what remains after the work. A bigger advertised bonus is not automatically the better next step.
This is lesson 1 of After your first offer. If you have not yet completed a conversion, start with the no-money practice offer.
Scenario: $150 available, two offers
You have $150 of uncommitted cash within your existing gambling budget, separate from bills and savings. No bets, withdrawals or earlier offers still need that cash. Assume the two fictional offers below are available to you, you meet their eligibility rules, and neither has extra wagering requirements. These are calculations to compare, not live offers or instructions to deposit.
| Check | Offer A: bet and get | Offer B: first-bet insurance |
|---|---|---|
| Required first action | Bet $5 cash; receive two $25 bonus tokens after settlement, win or lose. | Bet $100 cash; an eligible loss is refunded as $100 of bonus tokens. A win earns no refund. |
| Terms to confirm | Minimum deposit and odds, opt-in, crediting time, each token’s expiry and allowed markets. | All first-bet conditions, refund cap and percentage, token installments, crediting time and expiry. |
| Prices used here | Each $25 token at +300, cash hedge at −350. | $100 cash at +120, cash hedge at −130. Assume the full refund later converts at 60%. |
| Cash needed for this plan | $5 qualifier + two $58.33 hedges = $121.66. | $100 first bet + $90.43 hedge = $190.43 before any refund conversion. |
| Illustrative whole-offer result | About $28.34 if the $5 qualifier loses and both tokens convert at these prices. | About $29.57. A qualifying loss needs the refunded tokens converted before reaching that estimate. |
All examples assume matching two-outcome markets, accepted stakes, matching settlement rules, and no fees or taxes. The advertised amounts are bonus face values or refund limits, not profit. If a real offer has different terms, rebuild the comparison.
Decision: choose a plan you can fund and finish
Offer A fits this cash budget with $28.34 left uncommitted; Offer B does not at the $100 stake. The comparison reserves both of A's cash hedges instead of assuming the first game will return money to the book where you need it. A minimum deposit above $5, different live prices, or other cash commitments could change that decision.
- If Offer A's two tokens arrive together and you can meet both expiries, compare its actual pairs next. Keep each token and cash hedge as a separate pair.
- If Offer B allows a smaller insured stake on the same refund terms, recalculate that amount. The maximum is a cap, not a requirement; reducing a one-use bet may forfeit unused cover.
- If eligibility, reward timing or the hedge balance is unclear, neither offer is ready. Resolve it before depositing or placing a qualifying bet.
Do the comparison in BreadSync

Do it in BreadSync
Promo Converter
Use the offer cards to make a shortlist, then replace the headline estimate with your own terms, stakes and available hedge prices.
- 1.Keep “Stateside” selected and change “All states” to your state. Exclude offers you have already used or cannot qualify for.
- 2.For two candidates, open the sportsbook’s actual offer terms. Write down the qualifying cash stake, reward trigger, token sizes, odds limits and deadlines.
- 3.Open Bankroll and compare each planned cash stake with the available cash at that exact book. Do not count bonus tokens, pending withdrawals or money already staked.
- 4.Calculate both candidates below. Mark an offer done only after the required bets, rewards and conversions are actually finished.
Without Pro, shortlist using Offers by State and keep the same two-column comparison in your own notes. The calculators below are public and need no account. They calculate entered prices; they do not confirm offer eligibility or place bets.
- 1For A, open the Free Bet Calculator with one $25 token. Select +100 (American odds), USD, and Boost 0 on both sides. Confirm Free Bet: Odds +300, Stake 25; Hedge: Odds −350. The hedge is about $58.33, and each conversion keeps about $16.67. Do not enter 50 if you hold two separate $25 tokens.
- 2For B, open the Risk Free Bet Calculator. Select +100 (American odds), USD, Boost 0; Risk Free Odds +120, Stake 100; Hedge Odds −130; Refund % 100; Freebet Conversion % 60. Read the calculated hedge and Total Stake, not just Total Profit.
- 3Write your decision before funding anything: chosen offer, actual cash required at each book, remaining reserve, reward deadlines and one reason you would stop. Next, use cash planning to check where the money must be.
Check the result, including the losing branch
| Case | Money trail |
|---|---|
| A: $5 qualifier loses | Two conversions at about $16.67 each − $5 = about $28.34. The $50 token headline is not $50 cash profit. |
| B: insured bet wins | $120 cash winnings − $90.43 lost hedge = $29.57. No refund is due. |
| B: insured bet loses | The cash pair is about -$30.44. The $100 refund is still tokens. Converting it at 60% adds $60, making about $29.56. |
The one-cent difference in B comes from rounding the hedge stake to cents. If the refund later converts at only 50%, the same accepted loss branch finishes near $19.56, not $29.56. Its original cash stakes do not change. Refund sensitivity explains when to change the estimate.
Watch out: A positive estimate is not a reason to borrow, use essential money, or rush an uncertain pair. Waiting or declining the offer is a complete decision.
Check your decision
Your next action
Compare at most two eligible offers using your actual terms and balances. Then continue to How much to bet to test whether the chosen plan still works when the money lands in either book.