FREE TOOL
Because every sportsbook prices games independently, the two sides of the same market can drift far enough apart that backing both guarantees a return no matter who wins. That gap is an arbitrage, and this calculator finds it for you. Enter the odds for each side of a two-way market plus the stake you want on one side, and it balances the opposite stake so both outcomes pay out identically.
The same math powers hedging: if you are already holding a ticket and the other side's price has moved, plug in your original odds and stake alongside the current hedge line to see exactly what to bet to lock in profit (or cap a loss). Watch the profit percentage: anything above zero means the market is out of sync in your favor.
