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Matched betting calculator: how to hedge a sportsbook bet

The matched betting calculator tells you how much to stake on the opposite outcome so a bet you place at one sportsbook is covered whatever happens: enter the stake and American odds of your bet, the odds of the other side (at another sportsbook or on ProphetX) and get the hedge stake and the profit or loss for every result. It handles real-money bets, bonus bets, refunds, rollovers and profit boosts, and it is the same calculator members use inside the Dutcher.

How it works in 3 steps

  1. 1

    Pick the mode and enter your bet

    Choose Real money, Bonus bet, Refund, Rollover or Boost to match the promotion, then enter the stake and the odds of the bet you are placing.

  2. 2

    Enter the odds of the other side

    Copy the odds of the opposite outcome from the second sportsbook or the prediction market. Add a third leg for a three-way market.

  3. 3

    Read the hedge stake and the result

    The calculator shows how much to stake on each side and what you keep in every scenario. With a free account you save the bet to the Bet Tracker in one click.

Frequently asked questions

What is a matched betting calculator?

A tool that splits your money across the outcomes of a game so the result is the same whichever side wins. It is how you turn a sportsbook promotion into a predictable return instead of a gamble.

How is the hedge stake calculated?

Hedge stake = (stake × decimal odds of your bet) ÷ decimal odds of the other side. The calculator converts American odds for you, adapts the formula to the mode (bonus bet, refund, rollover, boost) and rounds to sensible amounts.

Why is a real-money hedge slightly negative?

Because both sportsbooks keep a margin: covering a qualifying bet usually costs 1-5% of the stake. The value comes from the bonus bet or boost the qualifying bet unlocks.

Does it work with bonus bets?

Yes. In Bonus mode the stake is not returned on a win, so the calculator sizes the hedge to extract as much of the bonus as possible, typically 70-80% of its face value.

Is the calculator free?

Yes, no signup needed. A free account lets you save bets to the Bet Tracker; Premium members find the same calculator inside the Dutcher, prefilled with the odds of each row.

Create a free account to save your bets to the Bet Tracker

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