Hedge Betting Calculator
Work out the stake needed to bet the opposite outcome and lock in a guaranteed return, given how odds have moved.
Hedge stake to place
100.00
Guaranteed return
150.00
Guaranteed profit
0.00
This locks in the same total return whichever outcome happens (equalizing your two possible payouts) — useful for cashing out a bet you no longer want full exposure to, once odds have moved in your favor.
FAQs
What is hedge betting?
Placing a bet on the opposite outcome of an existing bet, sized so your total return is the same no matter which outcome happens — often used when odds have moved in your favor since your original bet, letting you lock in a profit either way.
Is this the same as "cashing out"?
Similar goal, different mechanism. A bookmaker's cash-out feature offers you a set price to close your bet now; hedging does the same thing manually by placing an opposite bet elsewhere, and can sometimes get a better result than the cash-out price offered.