Bet hedge calculator
Inspect the cash stake that approximately equalizes net results across two opposing outcomes.
Your calculation
A worked example
Start with $100 at +300. The opposite outcome is available at −150. The equalizing hedge is $100 × 4.00 ÷ 1.6667 ≈ $240. If the original wins: $300 − $240 = $60 net. If the hedge wins: $160 − $100 = $60 net. This is a hypothetical price scenario, not an available offer.
The math
Equalizing hedge stake = original stake × original decimal odds ÷ opposite decimal odds. Original-win net = original profit − hedge stake. Opposite-win net = hedge profit − original stake.
Common questions
Does hedging always create a profit?
No. If the prices do not support it, equalizing both outcomes can produce a loss. The calculator displays that negative result.
Can this compare two different spreads?
Not reliably. Different spreads can leave a middle, a gap, a push or other settlement states. This model requires exactly two opposing outcomes that cover the whole event.
Is the hedge amount a recommendation?
No. It is the solution to an equal-outcome arithmetic problem under the stated assumptions. The tool does not know your risk preferences or validate whether the quotes are executable.
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