What does hedging a bet mean?

Hedging means placing the opposite bet at new odds so your profit or loss is similar across outcomes.

Do I need to include commission?

Commission is optional. The calculator provides approximate net results after commission, but the stake formula ignores it for simplicity.

Can I hedge a lay bet with a back bet?

Yes. Choose the lay-first option to calculate the back stake needed to green up after laying initially.

Back/Lay Hedge Calculator

Lock in a position after the odds move. This tool calculates the opposite stake required to green up your profit across outcomes.

Work out the hedge stake after an odds swing.
Compare net results after commission.
Supports back-first or lay-first positions.

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Back/Lay Hedge Calculator

Green up a position by placing the opposite bet at new odds.

Hedge trades

Position type

Initial stake (£)

Initial odds (decimal)

New odds to hedge at (decimal)

Exchange commission (%)

Hedge stake is calculated ignoring commission for simplicity. Net profits shown are approximate after commission.

When odds move in your favour you can lock in a profit by placing the opposite bet at the new price. This hedge calculator shows the stake needed on the second bet to level your position so that you end up with a similar profit whichever way the market settles.

How it works

How the calculation works

Core formula: Hedge Stake = (Initial Stake × Initial Odds) ÷ New Odds

Worked example: Back £20 at 3.0, then lay at 2.0.

Outcome	Back P/L	Lay P/L	Net
Selection wins	+£40.00	−£30.00	£10.00
Selection loses	−£20.00	+£30.00	£10.00

Hedge stake = £20 × 3.0 ÷ 2.0 = £30.00.

Always gamble responsibly. This calculator is for information only and does not guarantee profit.

FAQs

Is hedging the same as trading out?

Yes. Hedging or trading out means placing the opposite bet to level your profit across outcomes.

Does the calculator support lay-first positions?

Yes. Select “Lay first → Back to hedge” to calculate the back stake.

Why is commission optional?

Commission varies by exchange. The stake formula is simple; commission is applied to show approximate net results.