Hedge calculator
Updated August 2026
Your longshot came alive. This is exactly how much to put on the other side to lock profit either way.
$240
hedge stake on the other side
How the hedge stake is found
Your original bet has a fixed payout if it wins. The calculator sizes the opposite stake so that both outcomes hand you the same total, payout of one side exactly covering both stakes plus profit. The formula: hedge stake = original payout ÷ decimal odds on the other side.
Hedge, ride, or split
The three rows are the real decision: hedge and bank the locked number, let it ride for the full win (and risk the zero), or, the adult compromise nobody advertises, hedge half and keep half the dream. On a prediction market this whole calculator is one button: cash out quotes the locked value directly.
Quick answers
When should I hedge a bet?+
When the certain profit matters more to you than the bigger risky one, classically when a futures longshot reaches the final, or when the locked amount is genuinely life-relevant. There's no universal right answer; there's your bankroll and your sleep.
Does hedging always cost me money?+
In expectation, usually yes, you're buying certainty and paying the other side's vig for it. That's not a flaw. Insurance costs money too, and people buy it on purpose.
What's the difference between hedging and cashing out?+
Same idea, different counterparty. A cash-out button quotes you the book's (worse) price for certainty in one tap; a manual hedge shops the open market for it. On prediction markets, selling your position is the native version.