Hedge betting or “hedging” is a method that bettors use to either reduce risk on a bet that is looking unfavourable, or lock in secure profits on a bet that has since shortened in betting odds.
When the odds have moved in your favour the hedging calculator will help you lock in a secure profit; when the odds have moved unfavourably the hedging calculator will help limit your losses. Hedging used to be viewed as an advanced betting technique, but with the help of our hedge calculator, we make this process a lot easier!
Hedging involves placing a new bet on a different selection to the current bet that still stands. This can be done manually, but with help of our sportsbetting hedge calculator this has been made a far easier job to complete.
The calculator has been specially programmed with algorithms containing many formulas, enabling the user a fast response to what would usually be a confusing situation, when performed manually. With the luxury of this speedy hedge bet calculator, free to use on our website, you can come to conclusions a lot quicker.
The speed and versatility of the hedging calculator will allow you to perform several calculations in under one minute. The reason you may need to input several calculations is you may wish to view alternative options you may have when using the hedging calculator to answer what profits or losses your current bet is offering.
Let’s say, for example, your initial bet was £100 on Liverpool to beat Manchester City at 3-1 odds. Hypothetically, Liverpool scored one goal with ten minutes left to play and their odds are now 1-5 to win. A situation like this would present an ideal hedging opportunity. However, there are various options on how you can profit from this situation which we will explain fully below.
There are several advantages to using our hedging calculator. Apart from making your life a lot easier, one of the most important advantages would be the speed factor. At Betting.net our team of betting experts have been betting a long time and we can safely say that prior to the availability of software within betting, such as our betting calculators, calculations were much harder and riskier to get involved in. We mention the word ‘risky’ because many times you may find yourself attempting to hedge on an in-play market, only for the idea to be interrupted due to not being able to calculate the situation quickly enough. With reference to the above analogy we explained about, regarding Liverpool leading one nil versus Manchester City, to hedge successfully here you will need to make quick decisions.
Due to the fact odds do not stay the same in an in-play market, it is vital we make our calculations as efficiently as possible. There are two major reasons for this.
As you can imagine, when backing in-play the need for a speedy calculation is of utmost essence. There are two variables that can potentially alter the calculation of your bet and therefore, this would be a nightmare to complete manually when betting in-play.
Betting odds do not only change frequently on in-play markets, they often change frequently on pre race horse racing, on soccer games, tennis, dart, in fact all sports! So it is crucial to have as many resources readily available to help you come up with a quick response to a question. This is also a big problem when trying to calculate the last leg of a multiple/parlay bet.
We have discussed the difficulties that arise when you need to calculate an answer to find appropriate hedging opportunities. But what if you wanted to calculate several options for the same bet? This is totally possible and can be done very quickly. Once you have entered the two most vital pieces of information the calculator needs:
Once you have entered the data above, you can use the calculator to perform several calculations. Because we now have speed on our side, when using our hedge bet calculator, we have the luxury of being able to ask several questions within one minute, reducing risk of potential odds change. There are several choices/options that bettors like to consider, common ones are listed below. Bettors usually have some kind of belief in their bets and while hedging is often viewed as a way of securing a set amount of profit, whatever the outcome, it can be tweaked to many variations. Below are a few common ones:
All options will be discussed using the hypothetical Liverpool example, mentioned above
This is often called a “risk free bet” – the user would input teh calculator accordingly.
This would be appropriate if you thought Liverpool would not win in 90 minutes.
The calculation for this one is probably the most common form of hedge betting, where you would win “X” amount regardless of the outcome. This is also called “overlaying” in the matched betting world.
Please also remember the calculator is just as useful to limit any potential losses as it is to secure a set amount of profits.
Mistakes can be costly, it’s better to learn thoroughly than pay the price!
It’s easy to read the wrong odds and make a mistake. Get in the habit of double checking early on.
We provided three common options, above. Explore your options to maximise profits and customise your choices
This especially applies when using it during in-play events. Rushing can lead to mistakes. Make sure the odds you are inputting are correct.
Again, rushing is one of the most common error causes. Be sure to bookmark our URL or make a shortcut, for added efficiency and accessibility to the hedging calculator and betting odds convertor app.
If you like the look of our hedge calculator then why not take a peek at the other sportsbetting odds calculator variations we have on our site, free to use! Below, you’ll find our other calculators available, with a brief description.
We hope we have given you some valuable insights into the use of the hedging calculator. Hedging used to be an advanced betting technique, but the advanced part has now been eliminated by our free hedging calculator.
Be sure to take it slow when first using this tool. We’re confident that once you start using a complementary tool like this for your betting that it will help you gain a fresh perspective on your betting techniques and methods.
We also recommend that you explore the various options of hedging mentioned, as well as our other sports betting odds calculator variations on the website.
Hedge betting used to be viewed as an advanced betting strategy, only for those with lots of experience. But thanks to our new free hedge bet calculator this can be performed with minimal fuss. Visit Betting.net and enter the odds for your initial bet and the current odds for a calculation!
Betting.net now has many free sports betting odds calculators to use! We have included a special hedge betting calculator amongst them. This special tool has specially designed algorithms within, to ensure a fast computational answer to your hedge betting needs!
While these two betting strategies share similar approaches, they are different in many ways. Our hedge betting calculator at Betting.net allows the user to calculate scenarios of their bets quickly. Once using our calculator, you will visually see how these two disciplines work in different ways.
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