Calculators
Hedge Bet Calculator: Lock In a Profit
Your bet is going well and you want to guarantee a profit whatever happens next. Enter the original stake and odds, then the current odds on the opposite outcome, and the calculator shows how much to stake on the hedge.
Table of contents
How Hedging Works
A hedge is a second bet against your first. You stake ₦1,000 on a team at 6.00 to win a tournament. They reach the final and the odds on their opponent are now 1.50. Staking ₦4,000 on the opponent means:
| Result | Original bet | Hedge bet | Total profit |
|---|---|---|---|
| Your team wins | +₦5,000 | -₦4,000 | ₦1,000 |
| Opponent wins | -₦1,000 | +₦2,000 | ₦1,000 |
The calculator finds the stake that makes both results pay the same.
Hedging vs Cash Out
Cash out is a hedge done by the bookmaker, with its own margin added. Hedging yourself, sometimes at a different bookmaker with a better price, can lock in more. Compare the cash out offer with the calculator result before you decide.
Hedging only works for two-outcome situations, or when you cover every other outcome. In a three-way football market you would need to hedge both the draw and the other team.
Hedge Bet FAQ
When should I hedge a bet?
When the potential win is large compared with your budget, or when the situation has changed and you want certainty.
Is hedging better than cash out?
Often, because you can shop around for the best odds. Cash out is quicker and simpler.
Can I hedge an acca?
Yes, when only one leg is left: hedge the last leg's opposite outcome.