Hedging Calculator

You can use the below Goal Profits Hedging Calculator, to work out how much you should place as a back bet if you layed a bet first or how much you should lay if you placed a back bet first. See below the calculator for details of how to use it.

The above hedging calculator is powered by Goal Profits, a football trading course that teaches its students how to be profitable trading football on Betfair. For more information on their course, check out our Goal Profits Review.

How to use the Goal Profits Hedging Calculator

Step 1: Select either the laying first or the backing first button at the top of the calculator.

Step 2: If you selected the Backing First button, then enter your back odds in the back price box, then the amount you staked on the back bet in the back stake box.

Next, enter the odds you wish to lay your bet at and the commission rate you are charged by your preferred betting exchange.

Once you have entered your information, the calculator will automatically calculate the amount you should lay to guarantee the same profit or loss regardless of the result (see example below).

Hedge Example

If you selected the Laying First button, then enter your lay odds in the lay price button, then the amount you staked on the lay bet in the lay stake box. Next, enter the odds you wish to back your bet at and the commission rate you are charged by your preferred betting exchange.

Once you have entered your information, the calculator will automatically calculate the amount you should place as a back bet to guarantee the same profit or loss regardless of the result (see example below).

Hedge Calculator Laying First