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Live Hedge Calculator (odds to cover)

Find the minimum live odds and exact stake to hedge a pre-live bet and guarantee no loss or a target profit.

Pre-live potential payout190.00

Optional — enter the live odds you can see to get the exact result.

The live stake is deducted from the pre-live payout to guarantee no loss whatever the outcome.

To break even
Minimum odds needed2.111
Live stake to place90.00
For a 1 % profit
Minimum odds needed2.135
Live stake to place89.00
Guaranteed net profit+1.00
For a 5 % profit
Minimum odds needed2.235
Live stake to place85.00
Guaranteed net profit+5.00
For a 10 % profit
Minimum odds needed2.375
Live stake to place80.00
Guaranteed net profit+10.00

How it works

Live hedging means placing a second bet in-play on the opposite outcome to your original wager, in order to reduce or eliminate your exposure. It is widely used when the match situation swings in your favour — your selection is winning — and you want to lock in some or all of your potential gain before the final whistle.

The maths is straightforward: your pre-live potential payout is fixed. By placing a live stake on the opposite outcome, you can guarantee the same net return whatever the final result. To reach perfect break-even (no loss, no profit), the live stake must equal the pre-live payout divided by the live odds on offer. The lower the live odds, the larger the live stake needed, and the less room there is for a positive margin.

This calculator gives you three automatic scenarios (break-even, +1 %, +5 %, +10 %) plus a custom analysis if you enter the live odds currently available. Bear in mind that live odds move extremely fast: act quickly once you have made your decision, and always check that your bookmaker allows in-play bets on the opposing outcome after a pre-match bet has been placed.