Hedge Odds Calculator
Determine the precise opposing stake needed to secure profit or limit downside on an open bet.
How to Use This Calculator
- Set your odds format (Decimal, Fractional, or American)
- Input the stake on your original bet
- Input the odds of your original bet
- Input the current odds available on the opposing outcome
- Read off the recommended hedge stake and the guaranteed profit
The engine solves for the hedge stake that equalizes profit no matter which outcome settles.
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
How does hedge betting work?
Hedge betting involves staking on the outcome opposite to your original position. This locks in a fixed profit, or caps potential losses, irrespective of the final result.
Under what conditions should I hedge?
Typical hedging triggers include an accumulator reduced to a single remaining leg, a futures position approaching settlement, or a desire to bank profit generated by line movement.
Is profit always guaranteed when hedging?
Hedging locks in a defined result (either profit or a capped loss), but that guaranteed profit can be lower than the payout you’d realize if the original bet settled as a winner without any hedge applied.