Using Low Hold for Promo Conversion
🛠️ Tools & FeaturesSportsbook promos (free bets, deposit matches, risk-free bets) are free money — if you convert them efficiently. Low Hold is the key.
How Promo Conversion Works
You get a $500 "free bet" from FanDuel.
You need to bet it, but you don't want to gamble.
Solution: Find a low-hold market and bet both sides.
FanDuel free bet: Lakers ML at +150 ($500 free bet)
DraftKings hedge: Celtics ML at -155 ($375 real money)
If Lakers win: Collect $750 from free bet, lose $375 hedge = +$375
If Celtics win: Free bet loses ($0 cost), collect $617 from hedge = +$242
Guaranteed profit: $242–$375 depending on outcome.
Conversion rate: 48–75% of the free bet value.
Why Low Hold Matters for Promos
The lower the combined hold (vig), the higher your conversion rate. At 4% hold, you convert ~70% of a free bet. At 1% hold, you convert ~80%+.
Step-by-Step Process
- Receive a promo/free bet from Book A
- Open the Low Hold Finder and filter for Book A
- Find the lowest-hold game/market
- Place your free bet on one side at Book A
- Place a hedge bet on the other side at Book B
- Collect guaranteed profit
⚠️ Some promos have restrictions (minimum odds, specific markets). Always read the terms. The Low Hold Finder shows hold regardless of promo eligibility — you'll need to verify the promo applies to that market.
Low hold + promos = the safest way to build a bankroll from scratch. Read Low Hold Finder basics for how the tool works, and see Hedge glossary for the hedging concept.