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How to Use an Arbitrage & Hedge Bet Calculator
Hedge betting calculators are essential in sports betting because they can tell you how to reduce your risk.
Arbitrage betting, or hedge betting, is a lower-risk betting method. It involves proportionally betting on each possible outcome of an event (at different sportsbooks) so that no matter what happens, you secure a win. Sports betting arbitrage calculators, or hedge betting calculators, can tell you how to hedge your bets and lock in a return. You can read more about arbitrage betting in the blog post linked above, which includes an example of a profitable hedge bet. Arbitrage opportunities exist because sportsbooks set odds independently; in other words, the odds on Fanduel are different from the odds on DraftKings. When these odds are "out of sync," an arbitrage opportunity may exist, allowing you to hedge your bets.
If you enter the odds for any two-way market into the hedge betting calculator on the left, it will calculate whether there is an arbitrage opportunity and tell you how much you need to stake. You enter how much you are willing to bet on one side, and we'll tell you how much you need to bet on the other side. Whether you are betting $50 or $500, our arbitrage calculator will accurately tell you how much you can make on each arbitrage opportunity.
If you have any questions about this arbitrage calculator or arbitrage betting tool, feel free to email [email protected]. Our arbitrage page has a built-in automatic arbitrage calculator, so you can quickly pull up current arbitrage opportunities and determine how much you need to stake on each side before the odds change.
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