Sportsbook bonuses,
converted to cash.
HedgeLock tracks every live promo, computes the exact hedge that locks in your result whichever way the game goes, and keeps your running P&L.
Informational tool only — not betting advice. 18+/21+ where applicable. No guarantee of profit.
Manage bonuses like a portfolio
Three steps per promo: pick it, place the two computed bets, log the locked profit. HedgeLock does the parts that need to be exact.
Watch the total climb
Every completed play adds to a number that only moves one way when every bet is hedged. Running total, monthly profit, full play history — your bonus income, tracked like a brokerage account.
Simple pricing.
Private beta — invite-only. Pricing shown is what members pay at launch.
FAQ
Is this legal?
Yes, in states with legal online sports betting. Matched betting is simply using both sides of the market to convert promotional offers into withdrawable cash. You must be of legal betting age (18+ or 21+ depending on state) and physically located in a state where the sportsbook operates. Sportsbooks may limit accounts that are clearly promo-focused — we're honest about that trade-off.
Is this gambling?
No — and that's the whole point. A normal bet risks money on an outcome. A matched bet covers every outcome, so the result is the same whichever team wins. The profit comes from the bonus, not from luck. See our EV explainer for the math.
How much can I make?
The one-time sign-up offers across major books typically add up to $500–$2,000 in extractable bonuses depending on your state, at roughly 70% conversion. After that, weekly reload offers commonly generate $50–$200/month for about an hour a week. No guarantee — offers change, and the terms are always the sportsbook's.
What do I need to start?
Accounts at two or more sportsbooks — one side takes the promo, the other covers it — plus a modest starting bankroll to fund both sides while bets settle (a few hundred dollars is enough to start), and residence in a state with legal online sportsbooks.