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When you hedge a sports bet, you are diverting risk that is associated with your first bet. Let's say you decide to bet $100 on the Chiefs to win the Super Bowl. After you place this bet, the Chiefs rattle off a 17-0 season, and they are matched up against the Green Bay Packers in the Super Bowl. Using our hedging calculator, you will enter in the original odds (+750), your original bet amount ($100), your hedging bet odds (+200 for the Packers to beat the Chiefs in the Super Bowl), and then your bet amount will be given to you. In this scenario you end up with $466. 66) and lose the Chiefs futures bet (-$100). In this scenario, you end up with $466. The expected profit you have by using the hedging calculator is almost equal. designer bags cyber monday

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