Hedge Bet Calculator

Hedge Bet Calculator

Results

Optimal Hedge Stake

Guaranteed Profit

Original Return:

Total Investment:

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What is a Hedge Bet?

A hedge bet is a strategy used by sports bettors to guarantee a profit or minimize losses regardless of the outcome of an event. It involves placing a second wager on a different outcome than the original bet. This is most common when the odds have shifted significantly in your favor, or when you have the last leg of a parlay remaining.

How the Hedge Calculation Works

The goal of an optimal hedge is to equalize the payout so that you receive the exact same profit regardless of which side wins. The math follows this logic:

• Step 1: Calculate the potential payout of your original bet (Stake × Decimal Odds).
• Step 2: Determine the required hedge stake by dividing that potential payout by the current decimal odds of the opposing outcome.
• Step 3: Subtract your total investment (Original Stake + Hedge Stake) from the payout to find your guaranteed profit.

Practical Example

Imagine you placed a $100 bet on a team to win a tournament at 10.00 odds. They reach the final, and their opponent is currently at 2.00 odds to win.

Without hedging, you either win $900 profit or lose $100. If you use the Hedge Bet Calculator, you would find that placing a $500 hedge bet on the opponent at 2.00 odds guarantees you a profit of $400 no matter who wins the trophy.

When Should You Hedge?

Hedging is a tool for risk management. You should consider hedging if:

1. The potential payout is a life-changing amount of money for your bankroll.
2. The circumstances of the game have changed (injuries, weather, etc.) and you no longer believe in your original bet.
3. You want to lock in a profit on a parlay where only one leg is left to play.

function calculateHedge() { var originalStake = parseFloat(document.getElementById('originalStake').value); var originalOdds = parseFloat(document.getElementById('originalOdds').value); var hedgeOdds = parseFloat(document.getElementById('hedgeOdds').value); if (isNaN(originalStake) || isNaN(originalOdds) || isNaN(hedgeOdds) || originalStake <= 0 || originalOdds <= 1 || hedgeOdds <= 1) { alert('Please enter valid positive numbers. Odds must be greater than 1.00.'); return; } var originalPayout = originalStake * originalOdds; var hedgeStake = originalPayout / hedgeOdds; var totalInvestment = originalStake + hedgeStake; var guaranteedProfit = originalPayout – totalInvestment; document.getElementById('optStakeDisplay').innerText = '$' + hedgeStake.toFixed(2); document.getElementById('guaranteedProfitDisplay').innerText = '$' + guaranteedProfit.toFixed(2); document.getElementById('origReturnDisplay').innerText = '$' + originalPayout.toFixed(2); document.getElementById('totalInvestDisplay').innerText = '$' + totalInvestment.toFixed(2); document.getElementById('hedgeResult').style.display = 'block'; if (guaranteedProfit < 0) { document.getElementById('guaranteedProfitDisplay').style.color = '#d32f2f'; } else { document.getElementById('guaranteedProfitDisplay').style.color = '#2e7d32'; } }