Rex says
The fast lane for the math you almost remember from school. Type the numbers, get the answer, move on with your day.
Try a scenario
Click to load — tweak from there.Inputs
Result
Hedge stake needed
$1,260.00
Guaranteed profit (locked)
$740.00
Profit if original bet wins
$740.00
Profit if hedge bet wins
$740.00
Original bet total payout
$2,100.00
Psst — share this and help Rex grow
One click, a permanent link with your numbers baked in.
How to use this
- 1Enter original bet stake ($).
- 2Enter original bet odds (american).
- 3Enter current hedge odds (american, other side).
- 4Read your hedge stake needed on the right — it updates as you type.
- 5Hit Share to keep the scenario or send it to someone.
About this calculator
Hedging means placing a bet on the opposite outcome of an existing wager so you profit (or break even) no matter which side wins. It's common with futures tickets that have grown in value, live parlays with one leg left, or any spot where the current market price on the opposite side has moved favorably since your original bet. This calculator takes your original stake and odds plus the current hedge odds available on the other side, then solves for the stake that equalizes your profit across both outcomes — or the stake needed to guarantee a specific minimum profit. The tradeoff is real: hedging caps your upside in exchange for certainty. A $100 bet on a futures ticket at +2000 that's now hedgeable at -150 for the field can be locked into a guaranteed few-hundred-dollar profit instead of a coin-flip between $2,000 and $0. Whether that's correct depends on your risk tolerance and bankroll size relative to the swing, not on the math alone — the math just tells you the numbers.
Worked example
Using the values the calculator loads with:
Inputs
- Original bet stake: 100 $
- Original bet odds (American): 2000
- Current hedge odds (American, other side): -150
Results
- Hedge stake needed: $1,260.00
- Guaranteed profit (locked): $740.00
- Profit if original bet wins: $740.00
- Profit if hedge bet wins: $740.00
- Original bet total payout: $2,100.00
What each field means
Inputs
- Original bet stake ($)
- The original bet stake used in the calculation, measured in $. Starts at 100 $ so you have a working example on load.
- Original bet odds (American)
- The original bet odds (american) used in the calculation. Starts at 2000 so you have a working example on load.
- Current hedge odds (American, other side)
- The current hedge odds (american, other side) used in the calculation. Starts at -150 so you have a working example on load.
Results
- Hedge stake needed
- Returned as a money amount in US dollars and shown as the headline result. It recalculates instantly whenever you change an input, so you can compare scenarios without reloading.
- Guaranteed profit (locked)
- Returned as a money amount in US dollars. It recalculates instantly whenever you change an input, so you can compare scenarios without reloading.
- Profit if original bet wins
- Returned as a money amount in US dollars. It recalculates instantly whenever you change an input, so you can compare scenarios without reloading.
- Profit if hedge bet wins
- Returned as a money amount in US dollars. It recalculates instantly whenever you change an input, so you can compare scenarios without reloading.
- Original bet total payout
- Returned as a money amount in US dollars. It recalculates instantly whenever you change an input, so you can compare scenarios without reloading.
FAQ
When does hedging actually make sense?
It makes the most sense when the line has moved significantly in your favor since your original bet, when the guaranteed amount is life-changing relative to your bankroll, or when you simply want to remove variance from a large futures position. Hedging a bet that hasn't moved just converts a fair coin flip into a worse expected value after both sides' vig.
Why is my guaranteed profit different depending on which side wins?
It's only identical if you compute the exact stake for equal profit, which this calculator targets. In practice, sportsbooks round odds and stakes, so you'll usually see a few dollars of difference between the two outcomes rather than a perfectly flat number — that's normal and not an error.
Can I hedge with a different sportsbook than my original bet?
Yes, and you usually should — shopping the hedge side across multiple books almost always gets a better price than using the same book that holds your original ticket, since each book prices independently based on its own liability.
Is hedging the same as arbitrage betting?
No. Arbitrage means both bets are placed at the same time on a mispriced market to guarantee profit regardless of outcome. Hedging is placed after your original bet, in response to new information or a moved line, and its purpose is risk reduction more than pure profit capture.
Accuracy and limitations
- Results are rounded for display; the underlying calculation keeps full precision.
- Very large or very small inputs may hit floating-point limits in the browser.
- Inputs outside the accepted range are clamped rather than rejected.
Related tools
Cite this calculator
Writing about this topic? Grab a citation — every link helps keep these tools free.
RevenueLab. (2026). Hedge Bet Calculator. Retrieved from https://www.revenuelab.fyi/toolbox/hedge-bet-calculator
<p>Source: <a href="https://www.revenuelab.fyi/toolbox/hedge-bet-calculator" target="_blank" rel="noopener">Hedge Bet Calculator — RevenueLab</a> (2026).</p>
Source: [Hedge Bet Calculator — RevenueLab](https://www.revenuelab.fyi/toolbox/hedge-bet-calculator) (2026).