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Betting Hedge Calculator

Calculate optimal hedge bets to lock in guaranteed profit or minimize losses.

About the Calculator

A hedge calculator helps you lock in guaranteed profit or minimize losses by betting on the opposite outcome of your original wager. Enter your original bet and the current odds on the opposite side to see the optimal hedge amount and guaranteed profit for both scenarios. Use the Betting Hedge Calculator to get a clear result you can act on right away. This calculator is designed to be practical, fast, and easy to use on any device. If you are comparing options, run a few scenarios to see how small changes affect the outcome.

Your Original Bet

$

How much you originally wagered

Odds when you placed the bet

American: -110Decimal: 1.91Fractional: 91/100
Potential Payout: $190.91 = $100.00 stake + $90.91 profit

Hedge Bet (Opposite Outcome)

Current odds for betting against your original bet

American: +120Decimal: 2.20Fractional: 6/5

Betting Hedge Strategy Options

Compare hedge amounts and outcomes for each approach.

Maximum Guaranteed Profit

Eliminates all risk. You profit the same amount whether your original bet or the hedge wins. Best when you want certainty over upside.

Recommended Hedge

$86.78

at +120

If Original Wins

Payout: $190.91

Hedge loses: -$86.78


Net Profit: $4.13

If Hedge Wins

Original loses: -$100.00

Hedge payout: $190.91


Net Profit: $4.13

Minimum guaranteed: $4.13

Partial Hedge (Minimize Potential Loss)

Reduces your risk without fully hedging. Hedge 50% of the optimal amount. If your original wins, you profit more. If the hedge wins, you profit less, but you've cut your potential loss significantly.

Recommended Hedge

$43.39

at +120

If Original Wins

Payout: $190.91

Hedge loses: -$43.39


Net Profit: $47.52

If Hedge Wins

Original loses: -$100.00

Hedge payout: $95.45


Net Profit: -$47.93

Worst Case: Money Back

The hedge is sized so that if the hedge wins, you get your original bet and hedge bet back: no profit, no loss. If your original wins, you profit. Worst case is break even.

Recommended Hedge

$83.33

at +120

If Original Wins

Payout: $190.91

Hedge loses: -$83.33


Net Profit: $7.58

If Hedge Wins

Original loses: -$100.00

Hedge payout: $183.33


Net Profit: $0.00

Minimum guaranteed: $0.00

No Hedge (Let It Ride)

Maximum upside if your original bet wins. Full loss if it loses. For when you're confident in your pick and willing to accept the risk.

Recommended Hedge

$0.00

If Original Wins

Payout: $190.91


Net Profit: $90.91

If Hedge Wins

Original loses: -$100.00


Net Profit: -$100.00

Custom Target Profit

Hedge enough to guarantee a minimum profit if the hedge wins. You choose how much you want to lock in on the hedge side. If your original wins, you profit more.

Recommended Hedge

$86.78

at +120

(max $4.13)

If Original Wins

Payout: $190.91

Hedge loses: -$86.78


Net Profit: $4.13

If Hedge Wins

Original loses: -$100.00

Hedge payout: $190.91


Net Profit: $4.13

Minimum guaranteed: $4.13

The Formula

Optimal Hedge = Original Payout ÷ Hedge Odds (decimal) H = P / D where P = total payout if original wins, D = decimal odds of opposite outcome

FAQ

🎉 Fun Facts

  • Hedging eliminates risk but typically reduces expected value since you are betting both sides.
  • The optimal hedge amount for equal profit depends on the opposite outcome's current odds.
  • For equal profit both ways, use: Hedge = Original Payout ÷ Hedge Odds (decimal).
  • Many sportsbooks offer cash out as an alternative to hedging, handy when you lack the funds for a full hedge. However, they often add a 10-20% markup on the cash-out value, so compare your options before deciding.
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