Arbitrage & Hedging Bets: How to Guarantee Sports Betting Profit

Betting on the opposite side of your original wager acts as an insurance policy. Of course, the amount you’d need to wager in order to secure a profit would depend on the specifics of the moneyline odds in your parlay. Futures wagers are a great way to lock in profits with hedging. The appeal of this approach lies in its flexibility—it allows you to back multiple outcomes, which can either be left to run as bets or traded in-play as the match unfolds. Tennis is a sport were hedging can work effectively, when betting on the winner of a tournament for example.

While hedge betting can reduce your losses, it also limits your potential winnings because you’re spreading your bets. It’s all about striking a balance that suits your betting style and risk tolerance. In short, hedge betting protects you from the risks of losing money by placing bets on another outcome simultaneously.

Every bettor makes different decisions based on their perferences.
If you’re making your futures bets at the beginning of the season, you can pick up some pretty sweet odds regardless of the sport that you are betting on.
If you want to skip all the leg work of arbitrage, then this is your quickest avenue to guaranteed profit.
In essence, you’re making a recurring small bet with your insurance, and it protects you from the low probability (but high cost) event of getting in an accident.
Hedging your bets across these players would have given you a very high frequency of winners – albeit with reduced profits compared to backing just one of them per grand slam tournament.

As the final legs approach, hedging becomes a more viable and attractive option. Hedging against the last leg of a massive parlay will often guarantee hefty profits. Any wager above $50 on Kansas City (within reason) would result in guaranteed profits, regardless of the winner. Hedging is one of the most hotly contested topics in sports betting. Full-blown debates are common among bettors over whether it’s a viable strategy. If you bet $200 on the Patriots, you will receive all of your money back, no matter the outcome.

What Is Hedge Betting?

On the other hand, if you just threw some loose change on a future for fun, and the potential loss isn’t going to hurt, the more entertaining play is certainly to let it ride. For example, in order to justify a -110 bet, you must think that your bet has at least a 52.4% chance of winning in the scenario. For a +1000 bet, you should think it has at least a 9.1% chance (you can make all of these conversions here). Imagine instead that the Bills were -240 moneyline favorites and the Chiefs were +200 dogs. The bettor would only have to wager $50 on Kansas City to cover the original bet. There’s no magic formula to dictate when you should hedge your bet, or when you should abstain from a hedge.

Dynamic Hedge Process:

At ProfitDuel, we have over 15 years of experience helping 500,000+ members across the U.S. and Europe lock in profits monthly using hedge betting (with matched betting). A slightly more sophisticated hedging strategy, “arbing” involves using specialized tools to find small discrepancies in odds across different sportsbooks. Hedging bets at these odds can then allow small, gradual profits to build up. Arbitrage opportunities arise when there is a substantial deviation between two sportsbooks. It allows bettors to bet one side on one sportsbook and the other side on another to guarantee profits.

While hedging bet can seem like a challenging strategy to master, the concept is simple. Hedging involves placing a second bet on a different outcome than your original bet. Depending on the scenario, this approach can secure profit regardless of which outcome occurs or reduce exposure on your initial bet. Not only does hedge betting guarantee profits, but it also lowers your variance and risk.

A Patriots victory secures you $100, covering your initial stake on the Jaguars. Meanwhile, the Eagles are -200 on the moneyline the night before that hypothetical Super Bowl, and you want to make sure that you at least break even. If you wagered $2,000 on the Eagles, you’d stand to win $900, no matter what ($1,000 profit minus the $100 you wagered on the Chiefs). If you hedge your bets carefully, betting on a playoff series is an easy way to guarantee a profit. Let’s say you place a massive first bet with long odds and later realize you have exposed yourself to an unacceptable level of financial risk similar to, say, getting in a car accident.

Hedging is a strategy that is increasingly becoming popular in sports betting. Whether you are a casual or seasoned bettor, learning how to hedge your bets is crucial since it can https://officialpinup.com/ help keep risks to a minimum and lock in profits. Using the right calculators is crucial for successful hedge betting. These tools help you determine optimal bet sizes, calculate guaranteed profits, and identify the best hedging opportunities. As we previously said, hedging is a reasonable betting strategy that can help you secure profits, lower your losses, and allow you to adjust to the changes and act accordingly.

Similarly, a pregame total may take a downward turn if the weather forecast projects a blizzard. Up the wager to $50 and the parlay to 11 legs at -110 for a potential $61,335.06 payout, and the bettor might change their mind. The best way to illustrate how hedging works is through a simple example. Imagine that before the current NFL season, a bettor had placed a $100 wager on the Buffalo Bills to win the AFC Championship at +700.