Hedge calculator
The hedge stake that gives the same result whichever side wins, and what you keep on each outcome.
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How hedging works
A hedge is a second bet against your first one, sized so the result is the same whichever side wins. The hedge stake is the first stake times its odds, divided by the hedge odds. With $20 at 4.50 and a hedge at 1.60, a hedge of $56.25 leaves a profit of $13.75 either way.
Hedging gives up part of the possible payout in exchange for less risk, and the bookmaker margin is paid twice. When the result is negative either way, the hedge costs more than it saves. Odds formats: odds converter.
More tools: Bet calculator · Kelly calculator · Odds converter · Implied probability calculator · Parlay calculator
21+ (18+ where the legal age is 18). Model estimates and statistics are information, not a promise of any result. Bet only what you can afford to lose. Problem gambling help: 1-800-GAMBLER.
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