Hedge Bet Calculator
Enter your original stake, payout, and hedge odds. Lock in guaranteed profit on any outcome.
How the Hedge Bet Calculator Works
A hedge bet converts a speculative wager into a risk-free guaranteed profit. By placing a second bet on the opposite outcome, you create a scenario where you win regardless of the final result. Our Hedge Bet Calculator finds the mathematically optimal stake for the hedge side, calculates your exact profit in both scenarios, and shows you the total ROI on the combined investment.
The Three Inputs Explained
- Original Stake: The amount you originally wagered. This is your total cost basis on the original side.
- Total Payout if Bet Wins: The full amount you would receive if your original bet wins — including your stake returned. For a $100 bet at +400 odds, this is $500. This is the number on your bet slip under "potential payout."
- Hedge Odds: The current odds available on the opposite outcome. You can enter American odds (-140, +175) or decimal odds (1.71, 2.75). The calculator converts automatically.
The Most Common Hedging Scenarios
- Parlay Protection: You have a 5-leg parlay that has hit four legs and could pay $800. The final game hasn't started. Hedge the opposite team to guarantee profit regardless of the final result.
- Line Movement: You bet Team A at +300 before the game. They're now favoured at -180. A huge swing means you can now guarantee profit by hedging on the other side.
- Future Bet Protection: You placed a futures bet on a team to win the championship at +700 odds at the start of the season. They're now in the Finals. The opposing team is available at a reasonable price. Lock in guaranteed profit now.
- Live Betting Arb: In-game odds shift dramatically after a score change or key injury. A well-timed live hedge can create an arbitrage window.
Understanding ROI on a Hedge
The ROI figure shows your guaranteed return as a percentage of total money staked across both bets. A 10% ROI means for every $100 total staked, you clear $10 guaranteed. While this might seem modest, remember it is risk-free — equivalent to a guaranteed 10% return, which significantly outperforms most financial instruments on a short timeline. The ROI drops when the hedge odds are very low (meaning you have to stake more on the hedge side), so always check whether the available line creates meaningful value.