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Parlay Finder: how to hedge a parlay promo leg by leg

Parlay Finder is NinjaBet's parlay hedging tool. Pick the legs from live odds, set the minimum odds the promotion requires, and the tool computes how much to hedge at each step so the final result is the same whatever happens. It is the tool for parlay promos, parlay boosts, parlay insurance and minimum-odds bonuses.

Screenshot of NinjaBet Parlay Finder: a parlay being built leg by leg, with the odds and the hedge bet of each selectionScreenshot of NinjaBet Parlay Finder: a parlay being built leg by leg, with the odds and the hedge bet of each selection

How it works in 3 steps

  1. 1

    Build the parlay

    Add legs from the live-odds list or enter them by hand. Parlay Finder shows the total price and checks the promotion's requirements.

  2. 2

    Compute the hedge

    For each leg Parlay Finder shows the hedge stake, updated as the earlier legs win.

  3. 3

    Follow the sequence and log the result

    Hedge one leg at a time: if a leg loses, hedging stops; if they all win, you collect the parlay. The Bet Tracker records the operation.

Frequently asked questions

What is Parlay Finder?

A tool that builds a parlay and computes the hedge bets for each leg, one after the other.

Why hedge a parlay?

Many sportsbook promotions require a parlay with minimum odds, or pay a parlay boost or parlay insurance. Hedging each leg turns the promotion into a controlled-cost operation.

Do I need a prediction market?

The hedge can be placed at another sportsbook or on a prediction market where one is available.

How many legs can I add?

There is no limit: Parlay Finder handles unlimited legs and updates the math after every result.

Is Parlay Finder included in the subscription?

Yes, it is part of Matched Betting Premium with the Bet Finder, the calculators and the Bet Tracker.