Hedge & Cash-Out Calculator
Bet the other side to lock profit or cap your loss.
| If this wins | Profit |
|---|---|
| Original bet | 33.33 ₽ |
| Hedge bet | 33.33 ₽ |
How it works
Hedging means backing the opposite outcome after your first bet so the result is the same whichever way the event lands. It is how a cash-out works: trade some upside for certainty.
Stake on the other side so its payout equals your original bet's potential return: hedge = (stake · back odds) ÷ hedge odds. Both outcomes then return the same amount; whether that locks a profit or a loss depends on how far the odds have moved.
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How the Hedge & Cash-Out Calculator works
Hedging means placing a bet on the opposite outcome of one you already hold, so you collect the same amount whichever way the event lands. This free hedge calculator works out the exact stake on the other side to lock in a guaranteed profit — or cap a loss — and is the math behind every cash-out button.
How to calculate a hedge
Your original bet has a potential return of stake × back odds. To neutralise it, stake on the opposite result so its payout matches that figure: hedge = (stake × back odds) ÷ hedge odds. After that, both outcomes return the same money and the result is fixed.
Enter your original stake, the odds you took, and the price now available on the other side. The calculator shows the hedge stake, the guaranteed result, your total outlay and the return on it.
Locking profit vs capping a loss
If the odds have moved in your favour since you bet — your selection shortened, or you backed a longshot that is now likely — hedging locks in a profit whoever wins. If they moved against you, the same math caps your loss at a fixed, known amount instead of risking the full stake.
A cash-out offer from a bookmaker is just an automated hedge at odds they choose — usually with extra margin shaved off. Doing the hedge yourself across two books often keeps more of the value.
Pricing a cash-out offer
Enter the amount the bookmaker is offering and the calculator answers the question the button never does: what is this position actually worth? The benchmark is the hedge — whatever you could lock by laying the other side at the current price — and anything the offer falls short of it is the fee you are paying for one tap.
Typical offers keep 5% to 15% of the fair value, and the shortfall grows with the size of the position. A 200 bet at 4.00 with the other side now at 1.50 is worth 166.67 if you hedge it yourself; a 145 offer looks generous until you see that it hands the book 21.67 for the convenience. On an exchange the same close costs only commission on the lay.
FAQ
What does it mean to hedge a bet?expand_more
To place a second bet on the opposite outcome so you win the same amount regardless of the result — trading some potential upside for certainty.
How do I calculate the hedge stake?expand_more
Divide your original bet's potential return by the hedge odds: (stake × back odds) ÷ hedge odds. That makes both sides pay out equally.
Is hedging the same as cashing out?expand_more
The idea is identical, but a bookmaker's cash-out builds in extra margin. Hedging manually — ideally at another book — usually returns more than accepting the cash-out price.
Does hedging guarantee a profit?expand_more
Only if the odds have moved in your favour since your first bet. Otherwise hedging still removes the uncertainty, but it locks in a smaller profit or a capped loss rather than a gain.
How much does a bookmaker keep on a cash-out?expand_more
Usually 5-15% of what the position is worth, and more on longer prices and in-play markets. Enter the offer above and the calculator shows the exact shortfall against a hedge at the current odds.
Should I ever accept a cash-out offer?expand_more
When the offer is at or above the hedge value, or when placing the hedge yourself is not practical — the price is moving, the other side is unavailable, or the stake is too small for the effort to matter. Otherwise the hedge keeps more.
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