Hedging / Cash-Out Calculator

Given an open back bet and the current lay price, find the lay stake that locks in equal profit either way (or the smallest loss).

Original back stake (£)

Back odds (taken)

Current lay odds

Exchange commission (%)

Enter values and press Hedge.

How it works

If the price has shortened since you backed (lay odds < back odds), you can guarantee a profit. If it drifted, hedging guarantees an equal loss across both outcomes — useful to cut risk before kick-off.

Equal-profit lay stake = (back odds × back stake) / (lay odds − commission).