Hedge Bet Calculator
Find the exact hedge amount to guarantee profit or minimize loss on any open bet.
How to Use the Hedge Calculator
Enter the details of your original bet — wager amount and odds. Then enter the odds available for the opposing outcome (your hedge). The calculator determines the exact amount to wager on the hedge to equalize your profit regardless of which side wins.
If you have a free bet or bonus bet available for the hedge, enter its value in the free bet field. The calculator adjusts the math accordingly since free bet stakes aren't returned on wins.
When Should You Hedge a Bet?
Hedging makes sense when locking in guaranteed profit matters more than maximizing potential upside. Common scenarios include the final leg of a parlay where earlier legs have already won, futures bets where your team reached the championship, or any situation where the potential payout is large enough that securing some profit outweighs the chance of winning the full amount.
The tradeoff is straightforward: hedging costs you upside in exchange for certainty. If your original bet has a potential payout of $500, hedging might guarantee you $180 regardless of outcome instead of risking the full $500 on one result. Whether that trade is worth it depends on your bankroll, risk tolerance, and how much the guaranteed money means to you.
How Hedge Bets Are Calculated
The math finds the hedge wager that equalizes your net profit across both outcomes. For a standard hedge (no free bet), the formula divides the total payout of your original bet by the decimal odds of the hedge. The result is the amount to wager on the hedge so that your profit is the same whether your original bet or the hedge wins.
With free bets, the calculation adjusts because the stake of a free bet isn't returned — only the profit portion pays out. This means you'll need a larger free bet to achieve the same hedge as a cash bet.