Free tools
Hedge Calculator
Work out the wager on the other side that gives the same result either way, or gets your stake back.
Free, no account needed. Informational, not betting advice. 21+.
Results
- Hedge stake
- $300.00
- If the original wins
- +$100.00
- If the hedge wins
- +$100.00
- Total risked
- $400.00
- Profit either way
- Yes
Both outcomes end above zero.
How it works
Equal profit either way: hedge stake = original payout ÷ hedge decimal odds. Both outcomes then return the same net amount. Get the stake back: hedge stake = original stake ÷ (hedge decimal odds − 1), so a winning hedge returns exactly what you first risked and a winning original keeps most of its profit.
Worked example
$100 at +400 pays $500. With a hedge price of −150 (1.667), the equal-profit hedge is $500 ÷ 1.667 = $300. Original wins: $500 − $100 − $300 = +$100. Hedge wins: $300 × 0.667 − $100 = +$100. Total risked $400, profit $100 either way.
When to use it
Hedging makes sense when the other side’s price is better than fair for your position, or when you would rather have a sure result than a bigger uncertain one. Check the hedge price first: if the book is charging a lot, the equal-profit line can fix a loss instead of a profit.
Questions
Does hedging always secure a profit?
No. It secures the same result either way, which can be a loss when the hedge price is short. The tool says plainly whether both outcomes end above zero.
Which mode should I use?
Equal profit if you want the same number no matter what. Stake back if you want to keep more upside on the original bet and only protect what you first risked.
Is hedging a futures bet the same?
Yes, when the other side is a single price. With several outcomes left, hedge each one separately and run the tool once per outcome.
Why does the hedge cost more than my original stake?
Because the other side is now a favorite. Short prices need a big stake to return the original payout. That is the cost of certainty.
Is this betting advice?
No. The tool is arithmetic on the numbers you type. EdgeFast is informational price discovery, not a sportsbook, and you decide whether to bet. 21+ only.
Related tools
Now check a real price.
Screenshot a betslip and EdgeFast compares your price with the listed sportsbooks and a fair market price.
Informational, not betting advice. 21+.