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Hedge Calculator

Hedging means placing a second bet on the opposite outcome to reduce risk or lock in a profit on a bet that's moved in your favour. This free hedge calculator works out exactly how much to stake on the other side so you win the same amount whatever happens.

Enter your original stake and odds, plus the odds available on the opposite outcome. It returns the hedge stake, your guaranteed profit and ROI — handy for cashing out a winning position manually at better value than the bookmaker's cash-out button.

Hedge Calculator
Hedge stake (bet this on the other side)138.89

Guaranteed profit

+11.11

Total staked

238.89

ROI

4.65%

Serious about your edge?

ProfitBetting tracks every bet's closing line value against Pinnacle automatically — so you know if you're really beating the market, not just guessing.

Frequently asked questions

How do you calculate a hedge stake?

Your original bet returns stake × odds if it wins. Divide that payout by the opposite side's odds to get the hedge stake, so both outcomes return the same amount.

When should I hedge?

Common cases: locking in profit on a bet whose odds have shortened, guaranteeing a return on a big parlay's last leg, or reducing variance. Note that hedging usually gives up some expected value in exchange for certainty.

Is this the same as cashing out?

Similar idea, but doing it yourself by hedging at another book is often better value — cash-out offers bake in extra margin. This calculator shows the true locked-in profit.

Related reading

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<iframe src="https://profitbetting.io/embed/hedge-calculator" width="100%" height="560" style="border:0;max-width:520px" title="Hedge Calculator" loading="lazy"></iframe>
<p style="font:13px/1.4 system-ui,sans-serif;margin:8px 0 0">Free <a href="https://profitbetting.io/tools/hedge-calculator">Hedge Calculator</a> by ProfitBetting</p>