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Hedge bet calculator

You hold a bet; the odds on the other side have moved. See how much to place on that side for the same result either way, or to cover your original stake.

Hedge stake

166.67

If the original bet wins

+33.33

If the hedge wins

+33.33

For two-way markets (or a bet and its exact opposite). Results are net of both stakes. Check the hedge covers the same outcome under the same rules.

The two hedges

With an original stake S at odds O, and the other side now at odds H:

same result either way: h = S × O / H

cover the original stake: h = S / (H - 1)

Simulated: 100 on a team at 3.00. The odds on the other side drop to 1.80. Equal hedge: 100 × 3.00 / 1.80 = 166.67 on the other side. Either way you end +33.33. Cover hedge: 100 / 0.80 = 125: if the hedge wins you are back to 0; if your original bet wins, +75.

When it works and when it doesn't

A hedge only fixes a positive result if the price on the other side has lengthened enough relative to yours. If it hasn't, the same formula fixes a small loss instead. The calculator shows both results so you can see which one you are buying.

Placing both sides at once, at prices whose implied probabilities already add up to less than 1 across two books, is a surebet. The surebet calculator splits that stake.

Things to check

The hedge has to be the exact opposite of the original bet under the same rules: same market, same period, same line, same treatment of extra time or retirements. A hedge on a slightly different market can lose alongside the original.

Prices that are still there

A calculator is only as good as the odds you type into it. Arbistoteles scans 10 crypto sportsbooks prematch and re-reads every leg of a surebet at its book before it shows as confirmed. The free account shows up to 3 live confirmed surebets of 0.99% or less.

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Questions

What is hedging a bet?
Placing a second bet on the opposite outcome of a bet you already hold, so that part or all of the result is fixed whatever happens. It trades some of the original bet's upside for less risk.
How much should I hedge?
For the same result either way: hedge stake = original stake x original odds / hedge odds. To get your original stake back if the original bet loses: hedge stake = original stake / (hedge odds - 1).
When does hedging lock in a positive result?
When the odds have moved your way: your original odds x the hedge odds is more than original odds + hedge odds. Otherwise an equal hedge fixes a loss instead, which some people still prefer to the risk.
Is a hedge the same as a surebet?
A surebet is a hedge placed at the same moment as the first bet, at prices whose implied probabilities already add up to less than 1. A later hedge depends on how the odds move after you bet.

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Arithmetic on the numbers you type, nothing saved. It says nothing about whether a bet will win. 18+. If gambling stops being fun, stop.