Sitting on a bet that could go either way? Enter it plus the odds on the other side to find the hedge stake that locks in the same result whichever side wins.
Placing a bet on the opposite outcome of a wager you already have, so you either guarantee a profit or cap your loss regardless of the result.
To lock an equal result, the hedge stake is (original stake × original decimal odds) ÷ hedge odds. This calculator does it for you.
Only if the combined prices leave an edge (like an arb). Often hedging just secures a smaller guaranteed profit or reduces a potential loss.