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What is a Hedging Bet?

A hedging bet involves placing a second bet on the opposite outcome of your original bet to ensure a guaranteed profit or minimize loss. This strategy is used to lock in profits or reduce risks when the odds change in your favor after the initial bet is placed.

How to Use the Hedging Calculator

1. Enter the Initial Bet Amount: Input the amount you initially wagered.
2. Enter the Initial Odds: Input the odds of your initial bet. You can use any format:
   • Fractional (e.g., 1/2)
   • Decimal (e.g., 2.50)
   • American (e.g., +150)
3. Enter the Hedge Odds: Input the odds of the hedge bet. You can use any format as well.

Example Scenario

Suppose you placed an initial bet of $100 at odds of 2.50 and you want to hedge your bet with odds of 1.80. Enter these values into the respective fields. The calculator will display the recommended hedge bet amount.

Tips and Tricks

• Use hedging to lock in profits when the odds move in your favor.
• Consider the potential profit or loss from both bets before placing a hedge bet.

Frequently Asked Questions

When should I hedge my bet?

Hedging is typically done when the odds change in your favor after the initial bet, or when you want to minimize risk and ensure a guaranteed profit.

Can hedging guarantee a profit?

Hedging can lock in a profit or minimize loss, but the exact outcome depends on the odds and the amounts wagered on both bets.