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Hedge Calculator
Calculate the optimal hedge bet to lock in guaranteed profit. Enter your original stake, odds, and current hedge odds to see exactly how much to bet.
When to Consider Hedging
Hedging allows you to potentially lock in profit when your original bet is in a favorable position. Common scenarios include futures bets that have gained value or live bets during a game.
Example: You bet $100 on a team at +300 to win the championship. They make the finals and you can now hedge at -150 on the opponent to potentially secure profit regardless of outcome.
Note: Hedging reduces your maximum potential profit in exchange for reduced risk. Consider your risk tolerance before hedging.
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This calculator is for informational and educational purposes only. Results should be verified with your sportsbook before placing any wagers. All betting carries risk. Full Disclaimer
How to Use This Calculator
- 1Enter Original Stake: Input how much you originally bet (e.g., $100)
- 2Enter Original Odds: Input the American odds of your original bet (e.g., +300)
- 3Enter Hedge Odds: Input the current odds for the opposing outcome (e.g., -150)
- 4View Results: See the optimal hedge stake and your guaranteed profit
Frequently Asked Questions
When should I hedge a bet?
Consider hedging when your original bet has gained significant value (like a futures bet reaching the championship), when you want to lock in guaranteed profit, or when circumstances have changed and you want to reduce risk.
How much should I hedge?
The calculator shows the exact hedge amount to guarantee equal profit regardless of outcome. However, you can adjust this based on your confidence level - hedge less if you still like your original bet, or hedge more to reduce variance.
Does hedging reduce my maximum profit?
Yes. Hedging trades potential maximum profit for guaranteed profit. If you bet $100 at +300 and hedge, you'll lock in a smaller guaranteed profit instead of potentially winning $300 (but risking losing $100).
What's the difference between hedging and arbitrage?
Arbitrage bets both sides simultaneously to guarantee profit from odds discrepancies. Hedging is done after placing an initial bet when circumstances change or the bet gains value.
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Responsible Gambling
Gambling should be entertaining, not a way to make money. Only bet what you can afford to lose, and never chase your losses.
- Betting more than you can afford to lose
- Chasing losses with bigger bets
- Lying to others about gambling habits