Every open bet deserves a strategy.
HedgeLab gives you the tools to manage open positions, analyze cashout offers, and know exactly when to hedge — in real time.
You've placed the bet. Here's what happens next.
HedgeLab picks up where the sportsbook leaves off.
You placed the bet. Now what?
Portfolio tracking with live odds
Every open bet lives in one dashboard, with live odds updates so you always know how the market has moved since you placed it.
Is that cashout offer worth taking?
Cashout analyzer that shows fair value
See the true expected value of holding your position next to the sportsbook's offer, so you know exactly what you're giving up.
When should you hedge?
Hedge calculator with guaranteed profit scenarios
Model a hedge on any market and see your guaranteed return for every outcome before you place a single dollar.
Everything you need to manage open action
Built for bettors who treat their bankroll like a portfolio.
Live Odds Tracking
Every open position tracks the current line against your original odds, so you can see how the market has moved at a glance.
Hedge Calculator
Model a hedge across any market and instantly see your stake, payout, and guaranteed profit for both outcomes.
Cashout Analyzer
Compare a sportsbook's cashout offer to the fair value of your position before you decide whether to take it.
Smart Notifications
Get alerted the moment a hedge becomes profitable or a parlay's win probability crosses a threshold worth acting on.
See it in action
A look at the tools you'll use to manage every open position.
Hedge Calculator
Chiefs -7 vs. Bills · NFL
Your Bet
Chiefs -7 (-110)
$100
Optimal Hedge
Bills +7 (+105)
$92.40
Guaranteed Profit
$14.30
Locked in no matter who covers
Hedge Alert
Just now
Your 3-leg parlay has an 89% chance to win. Hedge now to lock in $240 guaranteed profit.
Win Probability
89%
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