How to hedge
- Enter the original betThe stake and the odds you took.
- Enter the odds against it nowThe price on the opposite outcome at the moment, at any bookmaker.
- Place the hedge stakeThe calculator shows the stake that gives the same profit either way.
The formula
Hedge stake = original stake × original odds ÷ hedge odds. Profit either way = original stake × original odds minus original stake minus hedge stake.
Worked example
You staked ₦1,000 at 6.00 and your team now leads. The odds on them not winning are 1.50. Hedge stake = ₦1,000 × 6.00 ÷ 1.50 = ₦4,000. If your team wins: ₦6,000 minus ₦1,000 minus ₦4,000 = ₦1,000 profit. If they do not: ₦4,000 × 1.50 = ₦6,000, minus ₦5,000 staked, also ₦1,000.
| Odds against now | Hedge stake | Locked profit |
|---|---|---|
| 3.00 | ₦2,000 | ₦3,000 |
| 2.00 | ₦3,000 | ₦2,000 |
| 1.50 | ₦4,000 | ₦1,000 |
| 1.20 | ₦5,000 | ₦0 |
Hedging gives up part of your upside for certainty. It only makes sense when the sure profit matters more to you than the chance of the full win.
Hedge bet FAQ
When is hedging worth it?
When the remaining risk is more than you are comfortable with, for example a big acca on its last leg. It does not add value; it changes risk.
Is hedging better than cash out?
Often a hedge locks in more than the cash out offer, because the cash out includes an extra margin. Compare both with the cash out calculator.
Can I hedge part of a bet?
Yes. Use a smaller hedge stake to protect some of the return while keeping a bigger win if your bet lands.
Can I hedge an acca with several legs left?
Yes, but the hedge must cover every way the acca can lose, which usually means several bets. A simple hedge works best on the last leg.