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Futures Hedge Calculator

You hold a tournament outright and the field has narrowed. Enter your held price and stake, then the current odds on the other live outcomes. We size the hedges three ways: lock the same profit no matter who wins, free-roll your stake back and keep the upside, or hedge part of it.

The outright you hold

The rest of the field

Add each other live outcome and its current price. Blank rows are ignored.
Used by the Partial card below. 100% equals the Lock Equal plan.
Field implied % (held at entry, others at current)

Lock Equal: same profit no matter who wins

Enter your bet above.

Stake Back: free-roll and keep the upside

Enter your bet above.

Partial hedge: bank some, ride some

Enter your bet above.

Prefer it found for you? The Hedge Finder's Futures Hedge mode pulls the current best price on every other outcome from the live board and runs all three plans automatically, and the Futures board shows live tournament outrights. No typing in odds.

What field hedging is

A futures market like a tournament winner has many mutually exclusive outcomes: only one can win. When you hold one outcome and the field narrows to a handful of live contenders, you can back the other remaining outcomes to shape your result. Lock the same profit no matter who wins, recover your stake and free-roll the upside on your pick, or hedge only part of the ticket. The math is the same idea as a two-way hedge, just spread across every other outcome at once.

The number that decides what is possible is the field's total implied probability: your held outcome at its entry price plus every other outcome at its current price. Under 100% means the field itself is an arb and you can lock a profit or a true free-roll. Over 100% means a guaranteed profit is not on the table, and the tool says so plainly instead of hiding it.

How to use it

Enter the outright you hold, the American odds you took, and your stake. Then add the other live outcomes with their current prices, one row each. You get all three plans side by side: the hedge stake on each outcome, your total outlay, the guaranteed floor or the honest locked-loss when the prices are not generous enough, and the upside if your held pick wins. To have the best hedge prices found for you across every book, use the Hedge Finder, and see live tournament outrights on the Futures board.

Keep going

The Odds Gap holds every book's price, so you do not have to type them in by hand. Skip straight to the live tools:

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