Hedge Betting Calculator
Hedging is a strategy used by sports bettors who want to lock in some profit on a specific bet. This can be done by placing a bet on the opposite side of the original wager. This approach allows bettors to balance their chances of winning or reduce the losses from the initial stake. To determine how much you need to stake to hedge your original bet, you can use our Hedge Calculator.
What is Hedging in Sports Betting?
The easiest way to understand hedging is to look at a specific example. Let us assume you have decided to back Team A with a $100 futures bet at odds of +2500, guaranteeing a payout of $2,600 if Team A wins the tournament. The total profit on this stake is $2,500. To hedge your original stake, you could place $1,000 on Team B at odds of -150, which would return $1,667 and yield a potential profit of $667.
When you factor in the hedge, the results are as follows. If Team A, which you originally supported, wins the tournament, you will receive the $2,600 payout, but you must deduct $100 (the original stake) and $1,000 (the hedge bet), leaving a total profit of $1,500. If the hedge bet wins instead, you would receive $1,667, and after subtracting $1,100, the combined stakes, your profit would be $567. While winning the hedge bet yields a smaller profit, bettors still secure a reasonable return.
How Does Our Hedge Calculator Work?
You can start by choosing the odds format you prefer, with our calculator supporting all popular variants. Then, enter the odds for your original bet and the amount you have placed on the team. Because you have decided to place a hedge bet, you will also need to enter the hedge odds. Once you have filled out these sections, the calculator will instantly show how much you should stake on the hedge bet to guarantee a profit.
After the calculator determines the correct hedge amount, you will also see the total amount of your bets, the total payout, and the profit you can expect. You can save the bet slip generated by the calculator, or you can clear all the details and revise the information you have entered.
Why Should You Use a Hedge Calculator?
It is particularly helpful to use a Hedge Calculator if you enjoy futures bets. If you have already backed a team to win a tournament, the Hedge Calculator can quickly show you what you need to wager as a backup bet to ensure you can still profit from your futures position.
Calculating the exact amount for your hedge bet can be tedious unless you rely on a Hedge Calculator. This tool is simple to use and takes just a few seconds to estimate how much you should stake to secure a profit, regardless of the event’s outcome.