Pinnacle TerminalHedge calculator
Work out the stake on the other side of a two-way bet.
A hedge stake can equalise the return of both outcomes, or be sized so the hedge returns the original stake. Covering at a price worse than the fair odds has negative expected value.
Calculations run entirely in your browser; no data is saved.
Covering at a price shorter than the fair odds has negative expected value. Compare the hedge price in the EV calculator before you place it.
Formula
Equalise: hedge = original stake × original odds ÷ hedge odds. Recover the stake: hedge = original stake ÷ (hedge odds − 1).
Worked example
A stake of 10 at 5.00, hedged at 1.50 to equalise, needs 33.33 on the hedge and leaves +6.67 whichever side wins.
FAQ
When is a hedge a bad price?
When the hedge odds are shorter than the fair price of that outcome. Check that gap in the EV calculator before you cover.
Does equalising lock a gain?
Only if both bets stand and are settled on the terms you used. A void or a limit can leave one side unmatched.
Related
18+ · Bet responsibly.
Stop losing money to the bookies. Start today.
7 days free. Full access. Cancel anytime.