Hedging Calculator
Why Use a Hedging Calculator?
Hedging allows smart bettors to lock in guaranteed profit by using the lay side of the market, especially when a selection has shortened in price after you’ve backed it. By laying at shorter odds than you originally backed, you can balance the two positions so that you make (roughly) the same profit whatever happens. This tool calculates the precise lay/hedge stake required to achieve that, whether you’re using a betting exchange or a bookmaker, and it removes the guesswork from managing risk. It also compares your locked-in profit to any cash-out offer on the table, so you can see whether the exchange lay or the bookmaker’s button gives you the better deal. This is value betting at its most tactical.
How to Use This (Super Simple Guide)
Enter your original bet
– Type in the stake you placed
– Enter the odds you took (fractional or decimal)
Enter the lay odds
– This is the current lay price available on Betfair (or your exchange)
– If you’re hedging with a bookmaker instead, just enter their odds and set the commission to 0%
(Optional) Enter the cash-out offer
– If your bookmaker is showing a cash-out value, type it in
– If there’s no cash-out or you don’t care, leave it blank
Click “Calculate hedge”
– The tool tells you:
• How much to lay/hedge
• Your locked-in profit
• Your total stake
• Your ROI
• Whether hedging or cash-out gives the better return
Place the lay/hedge bet at the amount shown
– You’ve now locked in roughly the same profit whichever way the result goes.
Hedging & Cash-Out Calculator Lock in profit
Enter your original back bet and the current lay odds on the exchange (or hedge odds with a bookmaker). The tool calculates the hedge stake needed to lock the same profit regardless of the outcome and compares it to any cash-out offer. Odds can be entered as fractional (4/1) or decimal (5.0) in either field.