Calculate how to hedge your bets to secure profits or minimize losses on existing wagers.
Hedging is a risk management strategy used by bettors to either guarantee a profit or minimize potential losses by placing additional bets against their original wager.
A common hedging scenario occurs when you've placed a bet and the odds have shifted in your favor, creating an opportunity to lock in a profit regardless of the outcome. Similarly, hedging can help you minimize losses when new information suggests your original bet is less likely to win.
This calculator helps you determine the optimal hedge bet amount to achieve your desired outcome, whether that's securing a profit or reducing potential losses.
Calculate the optimal hedge bet to secure profits or minimize losses.