The Bettor’s Nightmare
Every cricket bettor knows this feeling all too well that cold sweat moment. You’ve done your homework. The pitch looks great for batting, your team’s openers are on fire, and you’ve bet on them to win before the Game even started. You sit back with a drink, ready to see the runs flow.
But just three overs later, disaster strikes.
The star opener gets a ball that swings sharply back in and is out. The next batter edges the first ball to slip. Out. The captain makes a bad read on a spin delivery and is out LBW. Now, your team is at 25 for 3. The odds have shifted from favorites to massive underdogs. The bookies are nervous, and so are you. It feels like your money is already gone. Most people who bet just for fun will either close the app in anger and take the loss or make a bigger bet out of frustration, hoping for a comeback.
But the clever ones do something else: they hedge their bets. Here’s how to handle that sinking feeling when an innings falls apart. I’ll explain how to use live betting to protect your bankroll.
What Does it Mean to “Hedge” in Live Betting?
Before diving into the how-to let’s clarify the concept.
Hedging is essentially taking out insurance on your original bet. It involves placing new wagers on a different outcome (usually the opposing team) during the live Game to secure a profit regardless of the result, or more commonly during a collapse, to reduce your potential loss significantly.
When an innings collapses, your primary goal shifts. You are no longer trying to maximize your winnings; you are entering damage control mode. You are trying to turn a potential $100 loss into a manageable $10 loss, or perhaps break even.
Recognizing the Trigger Point
Timing is everything in live betting. You need to identify when a “bad start” becomes a genuine “collapse” that requires intervention.
A couple of early wickets aren’t always a disaster. However, you need to act when:
- Key wickets fall in clusters: Losing three wickets in the Powerplay is a massive trigger.
- The required run rate explodes (in a chase): If they needed eight an over and now need 12 because they spent five overs blocking after wickets fell.
- The Odds Shift: If your team was trading at 1.70 (favorites) and suddenly they are out to 4.50 (heavy underdogs) within 20 minutes.
Strategy 1: The “Stop Loss” Hedge (Damage Mitigation)
This is the most common scenario during a collapse. You backed Team A, and they are crumbling. Team B is now destined to win.
The Goal: Accept that your original bet will likely lose, and use a new bet on Team B to cover the stake.
The Scenario:
- You bet $100 on India to win pre-match at odds of 1.80. (Potential returns: $180).
- India collapses to 40/4.
- Live odds change: India is now 5.50. Australia (the opponent) is now 1.15 to win.
The Strategy: Your $100 is at significant risk. To mitigate this, you place a large bet on Australia at their current, very low odds (1.15).
Let’s say you bet $400 on Australia at 1.15.
- If Australia wins (the likely outcome): You win $60 profit on this new bet. You lose your initial $100 India bet. Total Result: Net loss of $40. (Much better than losing the full $100).
- If India pulls off a miracle: You win your original $180 (a $80 profit). You lose the $400 hedge bet. Total Result: Net loss of $320.
Warning: As you can see, hedging on extremely short favorites (like 1.15) requires a significant outlay of capital just to cover a small previous bet. This strategy is best used when the opponent’s odds haven’t completely bottomed out yet perhaps when they are around 1.40 or 1.50.
Strategy 2: The “Partnership Patience” Hedge (Advanced Timing)
In cricket, momentum rarely travels in a straight line downward. Even in terrible collapses, there is almost always a stabilizing partnership where two middle-order batters block for 10 overs and score 40-50 runs.
During a collapse, the market overreacts. When a team is 30/4, the odds become incredibly skewed.
The Strategy: Do not panic-hedge the second the 4th wicket falls. Wait.
Allow a small partnership to develop. Let the team move from 30/4 to 80/4. They are still likely to lose, but the bookmakers will slightly adjust the odds back in their favor because they aren’t losing wickets every ball.
When the odds on the favorite (the bowling team) drift out slightly from, say, 1.10 to 1.30 during this partnership, that is the time to place your hedge bet on the bowling team. You get better value and don’t have to risk as much capital to cover your initial loss.
Strategy 3: Locking in Green (When You Backed the Bowlers)
Let’s flip the script. What if you had the foresight to bet on the bowling team pre-match?
You bet $100 on England to beat India at odds of 2.10. India collapses to 30/4. You are now sitting on a massive potential win, and England’s live odds have crashed to 1.20.
Many bettors get greedy and let it ride. But cricket is funny. A tail-ender might smash a quick 50 and change the Game.
The Strategy: Use the collapse to guarantee a profit right now, no matter who wins.
- Your current position: $100 on England to win $210 total.
- Current Live Odds: India is now trading at high odds, perhaps 6.00.
You place a small bet, say $30, on India at 6.00.
- If England wins: You win your main bet ($110 profit) minus the hedge bet ($30). Net Profit: $80.
- If India wins: You lose your main bet ($100 stake), but win your hedge bet ($30 x 6.00 = $180 returns, $150 profit). Net Profit: $50.
By sacrificing a little bit of maximum Profit, you have “greened up”—ensuring a profit regardless of the final result.
Golden Rules for Collapsing Scenarios
- Never Chase, Always Hedge: Chasing means betting more on your collapsing team, hoping they recover. This is the fastest way to go broke. Hedging means betting on the opponent to cover your losses.
- Watch the Game Live: You cannot hedge effectively just by looking at scores. You need to see the pitch. Is the ball swinging wildly? Is it a spinning square? If the conditions are unplayable, the collapse will likely continue. If the wickets were just foul luck/bad shots, a partnership might form.
- Manage Your Bankroll: Hedging requires having spare cash in your account to place the secondary bets. If you blew your whole bankroll on the pre-match bet, you cannot hedge.
- Keep a Clear Head: It hurts to see your team collapse. Remove emotion from the equation. Treat it as a mathematical problem to solve, not a sports event to suffer through.

