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Hedge Calculator

You have a live ticket and want to lock in profit (or cap a loss). Plug in your original wager and the price you can hedge at — the calculator returns the hedge stake and your guaranteed profit.

Original stake ($)

Original odds (American)

Hedge odds (American)

Result

Original payout if win: $600.00
Hedge stake: $360.00
Guaranteed profit: $140.00

If guaranteed profit is negative, the only hedge that locks anything is one that minimizes loss — you'd be paying for insurance.