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draftkingsapi

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DraftKings hedge calculator

A hedge calculator finds the opposite stake that equalizes net results on a two-outcome position. Multiply the original stake by its decimal odds, then divide by the opposite outcome’s decimal odds. The equalized profit subtracts both stakes from the winning return. This assumes identical settlement rules and no third outcome. This manual scenario uses the price you enter; it is not an executable DraftKings offer.

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Your inputs

Calculated result

Hedge stake$160.00100 × 4 ÷ 2.5
Net profit either outcome$140.00100 × (4 − 1) − 160

The formula

Hedge stake = original stake × original decimal odds ÷ hedge decimal odds.

Worked example

A $100 bet at +300 hedged at 2.50 needs $160 on the opposite outcome, locking a modeled net of $140 either way.

Recorded DraftKings prices

Explore stored mainlines and Pick6 multipliers with capture times. Sportsbook coverage consists of observed moneylines, spreads and totals, including ESPN-observed and healthy native scopes. These are not executable offers; rows older than 900 seconds are stale. Pick6 multipliers are not sportsbook odds.

DraftKings odds calculation reference. Formulas reviewed November 6, 2026.

Questions

What does the result include?

A hedge calculator finds the opposite stake that equalizes net results on a two-outcome position. Multiply the original stake by its decimal odds, then divide by the opposite outcome’s decimal odds. The equalized profit subtracts both stakes from the winning return. This assumes identical settlement rules and no third outcome.

What is the formula?

Hedge stake = original stake × original decimal odds ÷ hedge decimal odds.

Can you show a worked example?

A $100 bet at +300 hedged at 2.50 needs $160 on the opposite outcome, locking a modeled net of $140 either way.

What assumptions matter?

A draw, differing void rules or a partially settled position invalidates a simple two-outcome hedge. Negative profit means equalized loss.

Can I explore stored DraftKings prices?

Yes. The odds versus multipliers explorer shows recorded sportsbook mainlines and their capture time. Rows older than 900 seconds are stale. Pick6 multipliers are not sportsbook odds or guaranteed payouts.

Is this an official DraftKings tool?

No. DraftKings API is independent and is not affiliated with or endorsed by DraftKings.

Independent; not affiliated with or endorsed by DraftKings. Educational calculations, not picks. Responsible gambling resources.

Build with the data

Read documented coverage, formats and account limits before using the API in your application.

Free plan, 50 requests a month, no card

The same data over the API
curl --max-time 30 --fail-with-body 'https://draftkingsapi.com/api/v1/odds?sport=NBA' \
  -H "X-User-Request: Compare sportsbook lines across games for a dashboard" \
  -H "Authorization: Bearer $DRAFTKINGS_API_KEY"

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