Maximize Expected Value: Hedge Bet Amount = 0.The calculation formula varies depending on the strategy chosen: With this strategy, no matter which bet wins, you'll still get the same amount of combined profit. It places a hedge wager that pays more than can be lost on the original bet. Equal Profit: This strategy involves placing a hedge bet that guarantees a profit, regardless of the outcome.With this strategy, you still win more if your original bet hits, but you at least break-even when it loses. Break-even: This strategy involves placing a hedge bet that pays just enough to cover any losses on your original bet.This strategy assumes that the hedge bet has negative expected value due to the sportsbook's vig (or juice). The idea is that the combined expected value of your original bet and your hedge bet is maximized when you don't hedge. Maximize Expected Value: This strategy suggests not placing a hedge bet at all.This calculator offers three different hedging strategies: On the other hand, if you hedge too little, you might not cover your potential losses adequately. If you hedge too much, you might end up losing money even if your original bet wins. The key to successful hedging is finding the right balance. This way, if Team A wins, you win your original bet, but if Team B wins, you win your second bet. At this point, you could place a second bet on Team B to win. If Team A performs well in the first half of the match, the odds for Team A to win might decrease, while the odds for Team B to win increase. This is typically done when the odds have shifted in a way that favors a different outcome than your original bet.įor example, let's say you bet $100 on Team A to win a football match at odds of +200. In the context of betting, hedging involves placing a second bet against the original bet that you have placed, so that no matter what the outcome, you either make a small profit or minimize your potential loss.

The concept of hedging comes from the financial sector, where it is used to protect investments against potential losses. It involves placing bets on different outcomes of the same event.

Hedging in betting is a strategy used to mitigate losses or guarantee a profit from a bet. This calculator helps you determine the optimal amount to bet in order to achieve your desired outcome. Hedging your bets is a betting strategy that involves placing bets on different outcomes to secure profit regardless of the result, or reduce risk of loss.

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