Free Tools

Hedge Bet Calculator

Lock in profit or minimize loss on an existing bet. Enter your original bet and the hedge odds — we'll calculate the optimal stake for any target outcome.

Original Bet

The bet you already placed

Hedge Bet

The opposite side you'll bet to hedge

Hedge Goal

Results

Updates in real-time as you type

Enter your original bet and hedge odds to see the breakdown.

When to Hedge

Hedging strategies explained

Three situations where hedging makes mathematical sense.

Lock Profit

Your bet is winning

You placed a +400 futures bet at $100 and the team is in the final. Hedge the other finalist to guarantee profit regardless of outcome. The earlier you hedge, the worse the hedge odds — but the more certainty you buy.

Free Bets

Converting free bet value

Sportsbook sign-up bonuses ("free bet") don't return the stake if you win. Hedge a free bet on one side with your own money on the other to convert ~60–80% of the free bet value into guaranteed cash.

Reduce Variance

Partial hedge

You don't have to fully hedge. A partial hedge (betting less than the full hedge stake) reduces your max loss while preserving some upside if your original bet wins. Use the Custom mode to dial in your risk tolerance.

Hedge, middle or arbitrage?

They are three different positions and only one of them covers every outcome. A hedge reduces exposure on a ticket you already hold; it may or may not lock in a gain. The guide sets out the distinction before you size anything.