Hedge / Cash-Out Calculator
Free · No signup · Works in your browser
Work out how much to stake on the opposite outcome to lock in a guaranteed result before an event finishes — the DIY version of a "cash out". Enter your original bet and the current opposite odds.
Enter your bet to see the hedge.
How hedging works
To lock in the same return whichever way it goes, you stake enough on the opposite outcome that both bets pay back the same total. The formula is:
Hedge stake = original stake × original odds ÷ opposite odds.
Example: a $100 bet at 4.00 would return $400. If the opposite outcome is now 1.40, you stake $100 × 4.00 ÷ 1.40 = $285.71 on it. Either way you get back ~$400, for about $14 locked profit on $385.71 staked. If your selection is losing instead, hedging locks a smaller loss rather than a profit.
The honest catch
Hedging removes uncertainty, not the house edge. And a bookmaker's own "cash out" button almost always offers you worse than the fair hedge — it bakes in extra margin as the price of convenience. Doing the maths yourself with the best available opposite odds is usually better value. Check the vig on any market with our Margin Calculator, or switch odds formats with the Odds Converter.
Calculations are exact from the numbers you enter. This tool is for information only; it assumes both bets pay out on the stated decimal odds and ignores commissions or exchange fees.