Hedge Bet Calculator

Hedge betting is placing a second bet on the opposite outcome to guarantee profit or minimize loss from an existing bet. It's commonly used when your original bet has a strong chance of winning and you want to lock in profit regardless of the outcome.

Hedge when your original bet is in a strong position (e.g., a futures bet where your team made the finals) and the guaranteed profit from hedging exceeds the expected value of letting the original bet ride. Hedging is also smart for large payouts where the guaranteed money is life-changing.

Equal profit hedging stakes enough on the hedge to guarantee the same dollar amount regardless of which side wins. Break-even hedging stakes the minimum to ensure you don't lose money if the hedge side wins, maximizing your payout if the original bet wins.