Using the parlay hedge calculator above, you can see that the ideal bet amount on the 49ers that guarantees you the most profit no matter how the game settles is $696-giving you a $532 profit. If you would prefer to guarantee yourself a profit, you could bet the 49ers +4.5 so no matter what happens, you win money. If the final leg of the parlay (Seahawks -4.5) wins, your profit would be $1228 ( Note: I calculated this using our Parlay Calculator).īUT if the Seahawks don't cover the spread, your profit would be $0 despite the other legs hitting. Seahawks -4.5 (-110) – Not yet started.If you place a parlay with many legs, it may make sense to hedge your bet if all of the legs besides one or two have already hit.įor example, let's say you placed $100 on the following parlay with the following results so far: This most often happens in three cases: 1) Hedging Parlays Most often, bettors will hedge their bets when they will earn a very large payout if the original bet wins and it looks like there is a good chance that the original bet will win. If you don't hedge your bet, you could win more if your original bet wins, but could also win nothing if it loses.
If you hedge your bet, your total possible payout will always be lower but you can guarantee yourself (or at least make it more likely) that you will make a profit. There is no “correct” time to hedge your bet-it really comes down to how risky you want to be.
#HEDGE CALCULATOR CODE#
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