Free calculator
Hedging Calculator
Size a hedge to keep a profit or cut a loss on an open bet.
Enter your original bet and the current hedge odds to see the hedge stake and your outcome either way.
Hedge stake$180.00
Profit if original wins$20.00
Profit if hedge wins$20.00
Either way$20.00
When should you hedge?
Hedging bets the other side of an open wager to fix your result in advance — useful on a live parlay leg or when a line has moved your way. It caps your upside in exchange for removing risk. Whether to hedge is an EV-vs-variance decision, not always the right move.
Sharp App does this automatically across 100+ sportsbooks and apps — see the EV Tracker.
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