Hedge Bet Helper
Work out the stake to bet the other way so you lock in profit or keep losses small.
How to Use This Calculator
- Pick your odds format (Decimal, Fractional, or American)
- Type in the stake of your original bet
- Type in the odds of your original bet
- Type in the current odds on offer for the opposing outcome
- Check out the suggested hedge stake and the guaranteed profit
The calculator works out the hedge stake that evens up your profit no matter which outcome comes in.
Formula
Hedge Stake = (Original Stake x Original Odds) / Hedge Odds
Profit if Original Wins = Original Return - Original Stake - Hedge Stake
Profit if Hedge Wins = Hedge Return - Original Stake - Hedge Stake
When using equal-profit hedging, both profit scenarios are approximately equal.
Frequently Asked Questions
What does hedge betting mean?
Hedge betting is when you back the opposite outcome to your original bet. Doing this locks in a guaranteed profit, or caps any potential loss, whatever the final result turns out to be.
When is it worth hedging a bet?
Hedging often makes sense when your accumulator is down to its final leg, when your futures bet is on the verge of landing, or when you simply want to bank a profit created by the line moving in your favour.
Will hedging always lock in a profit?
Hedging guarantees a set result (either a profit or a limited loss), but keep in mind the locked-in profit might be smaller than what you’d collect if your original bet came in without any hedge.