Calculator

Free Hedge Calculator — Lock In Profit or Cap Risk

You placed a bet and it's looking good — now you can bet the other side to guarantee a return no matter what happens. Enter your original bet details and the current opposing price to see the exact hedge stake.

Hedge Stake
$300.00
Guaranteed Profit
$100.00
Original Win Payout
$500.00

Hedge stake is the amount to bet on the opposite side. Guaranteed profit is what you keep regardless of which outcome wins.

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How much you bet originally

The odds when you placed the original bet

Current price on the opposite outcome at any book

How this works

Formula

hedge_stake = (original_stake × original_decimal) / hedge_decimal

Worked example

$100 at +400 (5.00) → opponent now -150 (1.667). Hedge $300 to lock $200 minimum profit either way.

FAQ

Should I always hedge?

No. Hedging trades EV for variance reduction. If your original bet is still +EV, hedging gives back edge to the book.

How do I hedge a futures ticket?

Wait until the final or semifinal, then bet the opponent at current odds sized to equalize payout. The calculator handles the math automatically.

Can I partially hedge?

Yes — use the calculator's 'lock minimum' field to lock any amount you want while keeping upside if your original side wins.

Does hedging affect taxes?

Each leg is a separate wager for tax purposes in the US. Track both winning and losing tickets.

What's the difference between hedge and arbitrage?

Hedge: you already have one bet open and add an opposing bet. Arb: you place both opposing bets simultaneously for guaranteed profit.

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