Hedge Calculator
Lock in profit on a winning ticket. Enter your original stake & odds plus the hedge odds — see exact hedge stake and guaranteed return.
How the hedge calculator works
If your original $S bet at decimal odds O wins, you receive S × O. To guarantee the same return on the other outcome, stake (S × O) / H on the hedge at odds H. The difference between the payout and your combined outlay is your locked-in profit.
Example
You took the underdog at 3.50 with $100. They are now favourites at 1.65 to win in running. Hedging requires (100 × 3.50) / 1.65 = $212.12. Your total outlay is $312.12 and you receive $350 regardless — a $37.88 locked-in profit (12.1% ROI).
FAQ
- When should I hedge a bet?
Hedge when your original bet has appreciated significantly (futures markets, live in-play swings, or as part of a bonus bet conversion) and you prefer a guaranteed smaller profit over the variance of waiting for the full result.
- Is hedging the same as cashing out?
Similar in spirit — but a bookmaker cash-out always includes their margin (often 5-15% worse than the true hedge). Manually hedging at a competing book usually returns more.
- Should I always hedge?
No. Hedging locks in profit but caps upside. If your original bet is +EV, hedging removes that edge. Hedge for risk management, not as a default play.
- Can I hedge with a bonus bet?
Yes — that is the basis of bonus bet conversion. You back a long shot with the bonus, then hedge the other outcome with cash at a competing AU bookmaker.
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