This calculator tells you how much to back or lay when trading out in order to leave equal profit or loss across all selections.
Our free hedging calculator is especially useful for lay the draw trades, whether you need to lock in a profit or protect your bank by cutting a loss.
There's a full explanation below the calculator, both for laying first and backing first.
Here's how to use the hedging calculator for trades in which you lay first, for example, lay the draw:
Perhaps you have layed the draw in a match at 3.90 for £100 and the favourites go 1-0 up. The draw price rises to 6.40 and you wish to secure an equal profit across all three outcomes; home win, away win and draw.
You enter the figures into the hedging calculator above and you're able to go right back to the betting exchange to back the draw for £60.94 in order to bank £39.06 profit (less commission).
Another common lay the draw exit strategy is to exit a trade at 2.00 around the 65-70 minute mark in order to cut a loss.
Should you lay the draw at 3.90 and the score is still level when the price hits 2.00, the calculator shows that if you back the draw for £195 you will cut your loss to £95 across all three outcomes.
What is Dutching? Well, firstly it has nothing to do with the Netherlands! Here is our complete guide to Dutch betting, including a FREE Dutching calculator.
You can also use the calculator for bet hedging in the Match Odds market, in other words turning a football bet into a football trade. This is often known as a 'win draw win' bet. For example:
It could be that you have backed Manchester United to win at 1.80 for £100. It's simply a bet if you let it run, but a football trader will usually look to manage his/her position in-play.
fter Manchester United take the lead, their price comes in to 1.28 and you want to trade out to secure a profit no matter what else happens. This is done with a simple lay bet, but you need to know how much to lay for.
Within seconds, the hedging calculator tells you to lay £140.63 and you're out with your £40.63 profit (less commission).
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