🛡️
Hedge analysis appears here
Enter your original bet and the hedge odds to see the optimal stake.
Lock in guaranteed profit or cut your losses on an existing bet. Enter your original bet and the hedge odds — get the optimal stake instantly.
Enter your original bet and the hedge odds to see the optimal stake.
Hedging converts an uncertain potential profit into a guaranteed certain profit. The classic scenario: you bet a team to win a championship at +800 before the season. They're now in the final. You can hedge by betting the opponent — guaranteeing a profit regardless of who wins.
To guarantee equal profit regardless of outcome, calculate the hedge stake as: hedge stake = (original stake × original decimal odds) ÷ (hedge decimal odds + 1). This produces identical profit whether your original bet wins or the hedge wins. It minimises maximum profit but eliminates all uncertainty.
A partial hedge reduces your exposure without fully locking in profit. For example, if you have a +800 futures bet and the team is now -300 in the final, you might hedge 50% of the equal-profit stake — still taking some risk on your original pick while reducing worst-case loss significantly.
Whether to hedge is a pure EV question. If your original pick still has positive expected value at the new odds, letting it ride is mathematically correct. If the original pick is now -EV at current market prices, hedging captures the profit while it exists. Use the EV calculator to check the current EV of your original bet before deciding.
Also in the free toolkit: