Hedge Your Bet
What is a Hedge Calculator?
A Hedge Calculator is a strategic tool used by bettors to guarantee a profit or reduce potential losses on an existing bet. By placing a second bet on the opposite outcome of your original wager, you can “lock in” a return regardless of the final result. This is often used when the “Cash Out” value offered by a bookmaker is lower than the mathematical value of the bet.
When Should You Hedge a Bet?
The most common scenarios for using our tool include:
- The Last Leg of an Accumulator: You have won 4 out of 5 games in your parlay. The final game is live, and you want to ensure you get paid even if the last team loses.
- In-Play Odds Shifts: Your team is leading 1-0, and their odds to win have dropped significantly. You can hedge on the “Draw” or the opponent to secure a profit.
- Outright Betting: You bet on a team to win the Premier League at the start of the season. They are now in the final. You can hedge on the opponent to win the final so you profit no matter who lifts the trophy.
Hedge Betting vs. Cash Out: Which is Better?
While most bookmakers offer a “Cash Out” button, it often includes a high margin (the “vig”). By using a Hedge Calculator and placing a manual bet at another bookmaker with better odds, you can often secure 10% to 15% more profit than the standard cash-out offer.
How the Calculation Works
The formula for a perfect hedge is:
$$Hedge Stake = \frac{Original Stake \times Original Odds}{Current Hedge Odds}$$
Our tool does the heavy lifting for you, ensuring that the payout for “Result A” and “Result B” is exactly the same.
