News

How to Hedge a Bet Calculator

Introduction Hedging a bet is a strategic approach that allows bettors to lock in a profit or minimize losses

By Bet105 Team

March 21, 2025

Introduction

Hedging a bet is a strategic approach that allows bettors to lock in a profit or minimize losses by placing additional wagers on the opposite outcome of their original bet. Whether you’re trying to secure a guaranteed win or reduce risk in live betting, a hedge bet calculator simplifies the process.

This guide explores how hedging works, the advantages of using a hedge bet calculator, and how to apply this strategy effectively in sports betting.

What Is Hedging in Sports Betting?

Hedging is a risk management technique where a bettor places a second bet that opposes their initial wager. The goal is to either secure a profit regardless of the outcome or reduce exposure to potential losses.

For example, if you originally bet $100 on Team A to win at +200 odds, and they advance to the final, you might hedge by betting on Team B to win at favorable odds to lock in a profit.

How a Hedge Bet Calculator Works

A hedge bet calculator helps determine:

The exact amount to bet on the opposite outcome
The potential profit or minimized loss
The break-even point where hedging makes financial sense

Hedge Bet Formula

The calculator uses a simple formula to determine the hedge bet amount:
Hedge Bet=Hedge Bet = (Original Wager × Original Odds) / Hedge Odds

This ensures that winnings from either bet will result in a balanced profit or minimized loss.

Example: Hedging a Future Bet

Let’s say you bet $100 on Team A at +300 to win a championship. They make it to the final, and the opposing team is favored at -150 odds. A hedge bet calculator would determine the amount you need to bet on the favorite to secure a guaranteed profit.

Using the formula: Hedge Bet = (100 × 4.00) / 1.67 = 239.52

This means you should place $239.52 on Team B at -150 odds to guarantee a profit regardless of the outcome.

Benefits of Using a Hedge Bet Calculator

1. Reduces Risk in Betting

Hedging allows bettors to lock in profits instead of relying on a single outcome. It’s especially useful in live betting and futures markets.

2. Optimizes Betting Strategy

Instead of manually calculating hedge bet amounts, a calculator automates the process, ensuring optimal bet sizing.

3. Works for Parlay Bets

Bettors can hedge multi-leg parlays when the final leg remains, securing a guaranteed return without risking the entire wager.

4. Avoids Emotional Decision-Making

Using a hedge calculator eliminates impulsive betting decisions, ensuring strategic and logical wagering.

Advanced Hedging Strategies

1. Live Betting Hedging

Live odds constantly change based on game events. Bettors can hedge mid-game when odds present a favorable opportunity, reducing risk.

2. Arbitrage Betting Hedging

Combining hedging with arbitrage betting can help maximize profits by placing bets on sportsbooks that offer different odds.

3. Hedging with Crypto Sportsbooks

Using crypto sportsbooks like bet105 allows for instant withdrawals and quick fund transfers, enabling efficient hedge betting across multiple platforms.