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Hedge bet calculator

Enter your open bet and the price on the other side now. The calculator shows the equal-profit hedge and the break-even hedge.

Two ways to hedge

Equal profit: stake enough on the other side that you win the same amount whichever side wins.
Break-even: stake just enough that, if your original bet loses, the hedge returns your original stake. If the original wins, you keep the rest of the profit.

equal-profit hedge = S × d₁ ÷ d₂; break-even hedge = S ÷ (d₂ − 1)

S is your original stake, d₁ its decimal odds and d₂ the decimal odds on the other side now.

A hedge is a second bet, so it pays a second margin. It makes sense when the risk matters more to you than the expected value, not as a habit.

Original payout: $100 × 4.00 = $400; hedge odds 1.50
Equal profit: $400 ÷ 1.50 = $266.67, which nets +$33.33 whichever side wins
Break-even: $100 ÷ 0.50 = $200, which nets +$100 if your bet wins and $0 if it loses

Hedging locks in a smaller, certain result in place of a bigger, uncertain one.

The two hedges side by side
Hedge	Stake	If your bet wins	If it loses
None	$0	+$300	−$100
Equal profit	$266.67	+$33.33	+$33.33
Break-even	$200.00	+$100.00	$0.00

For an equal-profit hedge, divide your potential payout by the hedge’s decimal odds. $400 ÷ 1.50 = $266.67.

Only if the swing matters to you. Hedging trades expected value for certainty, and you pay vig on the hedge.

Yes. You can buy the opposite outcome, or simply sell the shares you hold at the current bid, which closes the position without a second bet.