Dutching – it’s an odd term that many of you may not have heard before.
In this article, we’ll look at what dutching is, how it works along with a few dutching examples.
Ready? Let’s get started.
What is dutching?
Let’s kick things off by looking at what dutching is.
Dutching is a betting method in which you divide your stake between various selections within the same event.
With dutch betting, your stake is split proportionally so your returns are the same no matter which selection wins.
One of your selections must win otherwise this is a losing bet and you’ll lose your stakes.
In theory, dutching is quite a simple betting method and it’s worthwhile knowing.
Here’s a quick example to help explain dutching.
Dutching example
Dutching comes into its own when there are multiple selections you want to bet on.
Let’s say you want to stake £20 on a horse race and you can’t decide between two horses: Horse A @ odds of 5.00 and Horse B @ odds of 8.00.
You could split your stake down the middle and wager £10 on each selection. However, if horse B wins, the returns will be greater than if horse A wins.
Whilst many punters would be happy with this and accept it, some bettors would prefer to play it safe and go with the dutching method.
By using dutch betting, you can calculate the stakes such that both selections will return the same profit despite different odds.
Let’s have a look at this in practice.
Calculating dutch bets
How you calculate your stake will depend on the odds of your selections. Let’s say you’re picking two selections which both have the same odds of 3.00 (2/1 in fractional odds).
So in this scenario, you’d need to stake the same amount on both selections. Let’s say £10.
No matter which selection wins, your returns will be the same at £30 and your profit would be £10.
Now if the odds were different, you’d need to calculate the stakes accordingly. For simple odds, this is quite easy.
Let’s say one selection has odds of 3.00 and the other has odds of 6.00. Obviously, you’ll need to reduce one stake, so that the same amount of profit is made either way.
The new bets would look something like this:
Stake £10 @ odds of 3.0
Stake £5 @ odds of 6.0
As you can see, no matter which selection wins your returns will be £30 and your profit will be £15 (£30 – £15).
As the odds get more difficult and you bring in betting exchange commissions, you’ll need to use a dutching calculator to accurately work out your stakes.
What is the best sport for dutching?
You can use dutching on any sport, however, most bettors use it on football and horse racing events.
As we looked at above, dutch betting is a great option if you’re undecided between a number of selections.
So if you were unsure between three horses in a race, you could pick all three and still end up with the same amount of profit from each.
Remember, one of your selections still needs to win otherwise, you lose all stakes.
Use OddsMonkey for dutching
Using sites like OddsMonkey, you can increase the profitability of your dutch betting.
OddsMonkey provides members with software, tools and advanced strategies to maximise your income from dutch betting.
You can sign up here to get started today.
Is dutch betting worth it?
You might be wondering whether dutching is worth it in the first place.
Whilst the amount of profit you make from a winning selection is reduced, it can still have its benefits especially if you’re unsure where to wager your money.
Be patient and stick with dutch betting and you’ll make a nice return over long periods of time. Don’t expect to become rich overnight with this betting strategy.
Let me know what you think of dutch betting by leaving a comment below right now.