Hedge Betting Calculator
Advertising
How to use this calculator
Enter your original stake and odds, then the odds available on the opposite outcome (the price you would lay or back on the other side). Pick a strategy and the calculator gives the exact hedge stake plus your profit or loss for each result. "Equal profit" locks the same outcome whichever side wins. "No loss" stakes just enough that the hedge breaks even, while keeping the full upside if your original bet wins. "Custom stake" lets you enter any hedge amount and shows both results.
When hedging makes sense
- A futures bet that came good - your team reached the final at long odds; hedging the other side locks in profit before the game.
- In-play swings - odds move your way during a match and you want to bank a guaranteed return.
- Reducing variance - giving up some expected value in exchange for a smaller, more certain result.
- Free-bet and bonus situations - converting a risk-free or matched offer into cash.
How it is calculated
Each strategy comes from simple algebra on the two possible returns, so the tool never needs updating.
- Equal-profit hedge
hedge = (stake × odds) ÷ hedge odds - No-loss hedge
hedge = stake ÷ (hedge odds − 1) - Profit if a side wins
net = that side's return − total staked
The equal-profit hedge makes both returns identical; the no-loss hedge makes the hedge side return exactly your total outlay.
Hedging is not free money. Because you pay the margin on both sides, a fully locked hedge usually returns slightly less than letting the original bet ride - it trades expected value for certainty. A hedge only locks a profit when the odds have moved in your favour since the first bet; if they have not, the calculator will show a guaranteed loss, which simply means hedging would cost you. Use it to manage risk, not as a system to beat the book.
For information only. This is not betting advice. 19+ (18+ in AB, MB and QC). Please play responsibly.