Free betting calculator

Hedge Calculator

Enter your original bet and the current price on the opposite side to see how much to hedge and the profit you lock in either way.

Odds format
$

What you already bet

American odds, e.g. +150 or -110

Current price on the other side

Hedge stake

$240.00

Bet this on the other side to lock in the result below

Return either way
+$60.00
The worse of the two outcomes
If original wins
+$60.00
If hedge wins
+$60.00

How it works

A full hedge sizes the opposite bet so that it pays back exactly what your original bet would. Whichever side wins, you collect the same amount, so the result is fixed the moment you place the hedge.

Hedging is most useful when the line has moved in your favour since you bet, such as a futures ticket or the last leg of a parlay.

hedge stake = original stake × original decimal / hedge decimal

if original wins = stake × original decimal − stake − hedge stake

if hedge wins = hedge stake × hedge decimal − hedge stake − stake

Read the guide: Understanding betting odds

Let the edge come to you

The Smart Lines prices every line against the sharpest market and lists the +EV bets worth taking, updated through the day.

See today's +EV bets