Hedge Calculator

How the Hedge Calculator works

This calculator estimates the opposite-side stake required to make the two possible outcomes produce approximately the same profit or loss. It uses your original stake and price, the current hedge price and an optional commission rate on hedge winnings.

The calculation is designed for a simple two-outcome hedge. It is useful when a market has moved after your original bet and you want to compare the cost of locking in a result with the risk of leaving the first position unchanged.

Reading the hedge result

• Hedge stake is the amount placed on the opposite outcome.
• Equalised profit/loss is the approximate net result after both stakes and the entered commission.
• A negative equalised figure means the hedge locks in a loss rather than creating profit.

Important assumptions

The formula assumes two mutually exclusive outcomes and that the entered odds remain available for the whole hedge stake. Partial fills, exchange liquidity, void rules, dead heats, cash-out fees and markets with a third outcome can change the real result. Always confirm settlement rules before placing the second bet.