Hedge Calculator for betting
Our Hedge Calculator helps you work out how much to bet on the opposite outcome of an existing wager. Enter your original stake and odds, along with the current odds for the opposing outcome, and the calculator does the rest.
Hedge calculator
Calculate an opposing cash bet that balances the net result of an existing cash bet across two outcomes.
- Opposing cash stake
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- Total cash staked
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- Net if original bet wins
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- Net if opposing bet wins
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For two mutually exclusive outcomes that cover every possible result, with identical settlement rules. Both bets use cash; excludes lay bets, commission, draws, pushes, and bonus bets. Opposing stake is rounded to cents, so net results may differ slightly. A hedge may lock in a loss. Figures are rounded estimates.
How to Use Our Hedge Calculator
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Choose your odds format
Select American, decimal or fractional odds
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Enter your original bet
Add the amount you originally wagered and the odds you received.
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Enter the opposing odds
Type the current odds available for the opposite outcome.
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Check your results
See how much to hedge, your total stake and the net result if either bet wins.
| Result | What it means |
|---|---|
| Opposing cash stake | How much you need to wager on the opposite outcome to balance your returns. |
| Total cash staked | Your original stake plus the additional hedge bet. |
| Net if original bet wins | Your overall profit or loss if your original selection wins. |
| Net if opposing bet wins | Your overall profit or loss if the opposite outcome wins. |
What Is Hedging in Sports Betting?
Hedging means placing a second bet on the opposite outcome of an existing wager to reduce your exposure to the final result.
It’s particularly useful when the odds have changed significantly since you placed your original bet. For example, you might have backed an NFL team at attractive odds before the season, only for that team to reach the Super Bowl as a favorite. Rather than risk losing your entire potential profit, you could bet on their opponent to secure a return regardless of who wins.
When Should You Hedge a Bet?
Hedging can make sense when the odds have moved in your favor or when you want to reduce the risk associated with a large potential payout.
- Futures bets where you’ve backed a team to win the championship, and they’ve reached the final.
- Parlay where All but one leg of a large parlay have won, and you want to reduce the risk on the final selection.
- Changing odds where your original bet has become more valuable because the market has moved significantly.
The main trade-off is that hedging usually reduces your maximum potential profit in exchange for a more predictable outcome.