2-Leg Parlay Hedge Strategy

You may come across a promotion that will reward you (for example, with a free bet) for placing a Parlay, or SGP
If so, check to see if a 2-leg parlay is eligible. If so, you can use this calculator to see how much hedging this bet will cost you in determining if the reward is worth it.

Inputs

Parlay Bet

Leg 1: Favoured Team to Win

Leg 2: Favoured Team score over 1.5 goals

Bet Odds (American) Hedge Amount ($)

Main Hedge Bet

Underdog to Win

Bet Odds (American) Hedge Amount ($)

Real:

Optimum: $329.03


Peripheral Hedge Bet

Exact Score is 1-0 for Favoured Team

Bet Odds (American) Hedge Amount ($)

Real:

Optimum: $18.70

Potential Outcomes

Total Wager
Expected Profit / Loss

Parlay Bet Wins
Likelyhood
Total Payout
Total Profit / Loss

Main Hedge Bet Wins
Likelyhood
Total Payout
Total Profit / Loss

Peripheral Hedge Bet Wins
Likelyhood
Total Payout
Total Profit / Loss