Oddsphere
Free odds tool

Hedge calculator

You have an open ticket and the other side is available - this tells you exactly how much to stake to lock in the same profit either way.

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Your open bet + the hedge price

American odds
Hedge stake–
Locked-in profit–
Return on total risk–

How the equal-profit hedge works

If your open ticket pays P = stake × decimal odds when it wins, staking P / hedge decimal on the other side returns exactly P when the hedge wins instead. Either way you collect P, your total outlay is both stakes, and the difference is your locked profit.

When hedging makes sense

Hedging is a price decision, not a comfort decision. Locking profit on a futures ticket whose price has moved hugely in your favor is often right; hedging a small edge at a bad price just hands the book vig twice. Compare the hedge price's implied probability (use the odds converter) against your honest estimate before paying for certainty.

Hedge vs. arbitrage

A hedge starts with a bet you already hold. If you can take both sides of a market right now at prices that guarantee profit, that is an arb - check it with the arbitrage calculator.

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For analytics and education only. Lines move quickly; verify prices before making any paid decision.