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Hedging & conversion · free · runs in your browser

Hedge & Arbitrage Calculator

Hedging means betting the other side of an open position so both outcomes return the same amount: the equalizing stake is h = s·d ÷ d_H — your stake times your decimal odds, divided by the hedge side's decimal odds.

Full lock — guaranteed either way$60.00Hedge stake $240.00 · 17.65% of total money in play
Show the math
h = s·d / d_H= $240.00
guaranteed = s·d − s − h= +$60.00

The Scout’s Notebook

How do you hedge a bet?

Hedging means betting the other side of an open position so both outcomes return the same amount: the equalizing stake is h = s·d ÷ d_H — your stake times your decimal odds, divided by the hedge side's decimal odds.

How it works & common questions

A custom partial-hedge field prices any in-between amount as two scenario bars, because a full lock is not always the right play.

How it works

  1. Enter the open position. Your stake and the odds you hold.
  2. Enter the live hedge price. The other side's best available odds right now.
  3. Read the lock. The exact hedge stake and the profit guaranteed whichever way it lands.

Should you always hedge a winning futures ticket?

No — hedging always surrenders EV to the vig on the second bet, so the full lock is only optimal when the certainty is worth more to you than the expected value given up. The calculator prices partial hedges so you can choose the point on that curve deliberately.

Learn more: Arbitrage Explained (guide)

Dynatyze Betting is analytics and education for people 21 and over. It is not a sportsbook: no wager is ever placed on Dynatyze — the tools help you find and price the best available bet elsewhere. If gambling stops being fun, help is free and confidential at 1-800-GAMBLER.