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Hedge bet calculator

Enter your original bet and the odds on the opposite outcome. We size the optimal hedge so you lock in the same profit either way — and show exactly what you collect on each result.

Hedge calculator

Original bet

Hedge (opposite outcome)

Original payout
Optimal hedge stake
Guaranteed profit
If original wins
If hedge wins
Total staked

How hedging works

A hedge is a second bet on the outcome opposite to one you already hold. Because you have money on both sides, you collect on whichever result lands. The trade-off is that you give up some of your bet’s upside in exchange for certainty — instead of a big payout or nothing, you bank a smaller, known amount.

The optimal hedge stake equalises your return across both outcomes: divide your original bet’s total potential payout by the decimal odds of the hedge. When your original price was much longer than the hedge price, that locked-in number is a guaranteed profit; when the prices are close, hedging instead caps your loss. Size your bankroll exposure with the bankroll management guide, and convert any unfamiliar price with the odds converter.

Frequently asked questions

What does it mean to hedge a bet?
Hedging means placing a second bet on the opposite outcome of one you already have, so you collect money no matter which side wins. It is most useful on a futures or live bet that has gained value: betting the other side now lets you lock in some of that gain instead of risking it all on one result.
How do you calculate the optimal hedge stake?
Take your original bet’s total potential payout (stake × decimal odds) and divide it by the decimal odds of the hedge. Staking that amount on the opposite outcome makes your total return identical whichever way the market settles. This calculator does the conversion and the division for you in real time.
When should I hedge a futures bet?
Hedging makes the most sense when a long-shot futures ticket is one outcome away from cashing and the opposite side is now a heavy favorite. Locking in a guaranteed profit can be worth more than the variance of letting it ride — especially if the guaranteed number is meaningful relative to your bankroll. The right call depends on your edge and risk tolerance.
Does hedging always guarantee a profit?
No. You only lock in a profit when the combined prices leave room for one — typically when your original odds were much longer than the hedge odds. If the numbers do not line up, a hedge instead minimises your loss or books a smaller, certain return. Enter your own odds above to see exactly which case you are in.

For informational purposes only. Not betting or financial advice. Please gamble responsibly. 21+ where applicable.