Hedge Bet Calculator

About this calculator

Hedging a bet means placing a second wager on the opposite outcome of an existing bet so that you win money (or at least break even) no matter which side wins — the betting equivalent of an insurance policy. The calculation finds the exact stake to place on the other side, using the current odds, so that your total payout is equalized across both outcomes rather than left to chance.

Bettors reach for this most often with pre-season futures bets, where the odds on a team have shortened dramatically as they advance toward a championship — hedging locks in guaranteed profit regardless of the final result — or with live, in-play odds that have shifted enough since the original wager that a hedge guarantees a positive outcome on both sides. It’s also used defensively to cap a potential loss when new information (an injury, a lineup change) makes the original pick look shakier.

This calculator takes your original stake and odds along with the current odds on the opposing outcome, and returns the exact hedge stake and the guaranteed result it locks in.