Figuring out how much to hedge is as simple as 1-2-3
1. Enter the original bet amount & odds
2. Enter hedge odds
3. Go place your hedge & lock in your profit!
3-Way & 4-Way Hedges
Most hedge calculators allow you to only calculate one hedge. With our 3 & 4-Way feature you can figure out hedges for any betting line. If you have a NFL, NCAAF, CBB or any other outright future and your team makes it to the semi-finals we can help you guarantee profit. Simply select the 4-Way Hedge and enter the odds for the other 3 teams. This calculator will tell you exactly how much to hedge to guarantee money in your pocket.
When should you hedge a bet?
Hedging a bet means making a second bet that offsets your first bet. Generally speaking, hedging is negative EV because you are giving up some of the value on your original bet by paying the “juice” or “vig” twice, once on the original bet and also on the hedge bet. However there are certain cases where it makes sense to hedge.
The first is when something fundamentally changes in your analysis of the match. If there is a key injury or massive weather changes, a pre-game hedge could be warranted. The most classic example we see today though, is when you have a parlay at crazy odds and only need one more leg to win. In this case it might also make sense to hedge.
While we only hedge in specific cases, we understand that people have different risk tolerances and would rather hedge to guarantee some profit. This is what this calculator is for.
How do I know how much to hedge?
Hedge betting is great to minimize risk and guarantee profits in sports betting. But how do you know how much to hedge? Our hedge bet calculator can help with this by taking into account your original bet amount and odds and the odds for the hedge It then calculates the optimal amount to hedge in order to guarantee profit regardless of the outcome.
For example, let's say you have bet $100 on Team A to win at odds of +200. This means that if Team A wins, you will receive a $300 payout ($200 profit + $100 from the original bet). However, if Team A loses, you will lose your entire $100 bet.
Let's say during the game Team B is losing and is +100 on the moneyline. By entering in 3 values into our calculator (Initial Bet Amount: $100, Initial Bet Odds: +200 and Hedge Bet Odds: +100) it will tell you that you should bet $150 on Team B to guarantee yourself $50 profit no matter who wins the game.
Hedge Your Bets Responsibly
Please gamble responsibly, it’s important to only place a bet if you can accept the potential losses. Hedging your bets is considered to be the more safe approach, and if this appeals to you, it may be the best option for you.
There is often another piece you need to consider when hedging your bet, and that is what you can handle mentally. It is very important to gamble responsibly, so only let your bet ride if you are ok with incurring the loss. If you are looking for a safe approach, it is more likely that hedging is the right choice for you