Hedge Calculator

When to hedge

Hedging makes sense when circumstances change after you place a bet. The line may have moved in your favor, creating a lock-in opportunity. Or your view may have changed, and you want to reduce exposure.

Common scenarios: futures bets as the event approaches, parlays with one leg remaining, or any bet where the price has shifted significantly.

How the calculator works

Enter your original stake, original odds, and the current hedge odds (opposite side). The calculator finds the hedge stake that equalizes profit across both outcomes.

If the combined vig is too high, hedging may guarantee a small loss rather than a profit. The calculator shows whether the hedge is overall profitable.

What this is not

This is an honest math tool. It does not scan live odds, find arbitrage opportunities, or connect to sportsbooks. You must supply the current hedge odds yourself.

FAQ

What is a hedge bet?

A bet on the opposite outcome to reduce or eliminate risk on an existing position. Hedging can lock in profit or cap losses depending on the odds.

Does hedging always guarantee profit?

No. If the combined vig is too high, hedging may guarantee a small loss. The calculator shows whether the hedge is profitable overall.

Is this an arbitrage calculator?

No. This calculator computes hedge math for an existing bet. It does not scan odds or find arb opportunities. Use it after you already have a position you want to hedge.

Should I hedge my parlays?

It depends on your risk tolerance and the odds available. Hedging reduces upside but provides certainty. This calculator helps you model the tradeoff.