🛡️ Hedge Betting Calculator
Calculate the exact hedge amount to lock in profits or minimize losses
Original Bet Details
What is Hedge Betting?
Hedge betting is a risk management strategy where you place a bet on the opposite outcome of your original wager to guarantee profit or minimize potential losses. It's commonly used when your original bet has a good chance of winning, but you want to secure some profit regardless of the final result.
⚖️ When to Hedge
- Your original bet is close to winning
- You want to lock in guaranteed profit
- The odds have shifted in your favor
- You're hedging a parlay or future bet
🎯 Hedging Strategies
- Unbiased: Equal profit regardless of outcome
- Original Bias: Maximize original bet winnings
- Hedge Bias: Maximize hedge bet winnings
💡 Pro Tips
- Compare odds across multiple bookmakers
- Account for bookmaker margins
- Consider the trade-off between security and profit
- Don't hedge every bet - use strategically
How to Use the Hedge Calculator
Enter Original Bet
Input your original stake amount and the odds you received when placing the bet.
Enter Hedge Odds
Enter the current odds available for betting on the opposite outcome.
Calculate
Click calculate to see three different hedging strategies with recommended stake amounts.
Choose Strategy
Select the hedging strategy that matches your risk tolerance and profit goals.
Example Scenario
Hedging a Futures Bet
Situation: You placed a $100 bet on Team A to win the championship at 5.00 odds (potential win: $500). Team A made it to the finals, and you can now bet on Team B at 2.50 odds.
Using the Unbiased Strategy:
- Hedge stake needed: $166.67 on Team B
- If Team A wins: Profit = $233.33
- If Team B wins: Profit = $233.33
- You've turned a risky $100 bet into a guaranteed $233.33 profit!