To hedge tennis bets and minimize losses, bettors can utilize several strategies. Firstly, they can place a lay bet on the opposing player during live matches when the odds shift favorably, allowing them to secure a profit regardless of the match outcome. Secondly, employing a balanced betting approach by distributing stakes across multiple outcomes—such as betting on both players in a match at different times—can help reduce potential losses. Moreover, taking advantage of in-play betting opportunities allows bettors to react to real-time developments in a match, adjusting their bets accordingly. Lastly, setting a strict bankroll management plan and incorporating stop-loss measures can help mitigate losses while preserving capital for future betting opportunities.