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Two opposite outcomes

Hedge bet calculator for equal return.

Enter the original bet and the opposite-side price to calculate the hedge stake and estimated net result under either outcome.

Balance both outcomes
Hedge stake$157.14
Profit either way$42.86
Total staked$257.14
Return on winner$300.00
How it works

Equalize the return, then count both stakes.

The hedge amount is chosen so the gross return is the same whichever entered side wins. The calculator then subtracts the original and hedge stakes to show the equalized net result.

This calculation assumes exactly two mutually exclusive outcomes and does not include commissions, limits, void rules or changing prices.

Questions, answered

How much should I bet to hedge?

For two opposite outcomes, multiply the original stake by its decimal odds, then divide by the hedge side's decimal odds.

Does hedging guarantee a profit?

No. The equalized result can be a profit or a loss depending on the two prices and the original bet.

What does profit either way mean?

It is the estimated net result after subtracting both stakes when either of the two entered outcomes wins.