Hedge bet calculator
You have a bet on, and the other side's odds are now attractive. Enter your stake, your odds and the other side's current odds: the calculator shows how much to bet on the other side to lock the same result either way.
The hedge formula
hedge stake = your stake × your decimal odds / hedge decimal odds
That stake makes both outcomes pay the same. For a bonus bet, use winnings only (stake × (odds − 1)), since the stake isn't returned; see the bonus bet converter.
Worked example: a +500 futures bet
You bet $100 on a team at +500 (decimal 6.00). They make the final, where the other team is +130 (2.30).
Hedge stake = $600 / 2.30 = $260.87 on the other team. If your team wins: $600 − $260.87 − $100 = $239.13. If the other team wins: $260.87 × 1.30 − $100 = $239.13. Locked either way.
Should you hedge?
A hedge doesn't add value; it pays the vig a second time to remove risk. If the hedge price is +EV on its own, hedging helps. If it's a typical -110 market, you're paying a few percent of the hedge stake for certainty. That's often worth it when the potential payout is large next to your bankroll, and rarely worth it on small bets.
Hedging a parlay before the last leg works the same way: use the parlay's total odds as "your bet's odds".
Questions
How do you calculate a hedge bet?
Multiply your stake by your bet's decimal odds to get its total return, then divide by the hedge's decimal odds. Betting that amount on the other side pays the same whichever side wins.
Is hedging a bet a good idea?
It removes risk but costs the book's margin on the hedge. It's worth it when the payout matters to your bankroll, or when the hedge price is itself a good price.
Can I hedge a parlay?
Yes. Before the last leg, treat the parlay as one bet at its total odds and hedge the last leg's other side.
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Updated 2026-10-26