DUTCHING BETTING

Dutching betting (also known as Dutch betting) is a betting technique that involves placing bets on more than one outcome in an event, making it likelier to make profits. This basic principle differs from standard sports betting, which naturally carries more risk. This MadMarket guide will explain the fundamentals of Dutching betting, different types of Dutching betting, and how to use the Edge Sports Trading Platform to maximize your betting strategy.

DUTCHING BETTING: MEANING, CALCULATION, EXAMPLE

First, let’s get stuck into the basics of Dutching betting – the Dutching meaning in the context of betting, the calculation, and an example.

  • Dutching meaning: Dutching betting is placing a wager on more than one outcome in a particular, removing risk and increasing the likelihood of a return.

When Dutching betting, you need to be able to tell the difference between back and lay betting. Back betting is staking money on something to occur – e.g. Real Madrid to win the Champions League. Lay betting is the opposite – going against the grain to say something will not happen – e.g. Real Madrid will not win the Champions League. Both are key to understanding Dutching betting.

  • Calculation: The calculation for Dutching involves dividing your total stake in a way that takes into account the odds of the selections you’re betting on. The aim is to calculate how much to stake on each selection to ensure that if any one of your bets wins, you receive an equal payout. This may sound tricky, but it will soon make sense!

Example: In horse racing bet, you have identified two runners with odds of 12.0 and 4.0 that you would like to back. With a total stake of €10 it might be tempting to split this into two €5 bets; however, should the 12.0 horse win, your returns would be much higher. Instead, the solution is to reduce the amount staked on the horse with higher odds and increase the stake proportionally on the other, until the winnings are equal. The calculation behind this is as follows:

  • Work out the implied probabilities from the odds:

Implied Probability of an 12.0 runner = (1 / (11/1 + 1)) * 100 = 8.33%
Implied Probability of an 4.0 runner = (1 / (3/1 + 1)) * 100 = 25%

  • Work out the stakes

Amount to stake on the 12.0 runner = (8.33 / (25 + 8.33)) * €10 = €2.50
Amount to stake on the 4.0 runner = (25 / (25 + 8.33)) * €10 = €7.50

Now with the stake split evenly, the amount returned should any runner win is €30.

WHAT IS A DUTCHING BET?

What is Dutching? Dutching betting involves placing multiple wagers on different outcomes in an event, typically when the odds for these selections are different. The objective is to spread your stake across multiple bets so that if a selection wins, the payout is relatively equal. Dutching is a strategy often used in horse racing, football, and other sports or events where there are several potential outcomes. Probet42 is a sportsbook that can help you successfully execute a Dutching betting strategy. Probet42 has a state-of-the-art platform, that can help you monitor changing odds, and find the best ways to place Dutching bets. You can also use the Mystic Mac tipster on our Telegram channel for expert betting tips before determining your Dutching bets.

TYPES OF DUTCHING BETS – EXAMPLES

When it comes to Dutching, there are several methods to structure your bets, depending on your goals and risk tolerance. The three most common types of Dutching betting are Simple Dutching, Set Amount Dutching, and Set Profit Dutching. Each type allows bettors to approach Dutching in different ways, offering flexibility in how they manage their stake and potential returns

  • Simple Dutching, Simple Dutching is the most straightforward form of the strategy. In this method, you place bets on multiple selections with the same total stake. The stake for each selection is calculated based on the odds to ensure equal returns if one of your selections wins. Example: If you have a €30 stake and are betting on three horses with odds of 6.0, 4.0, and 3.0, the stake for each horse will be calculated proportionally to ensure you receive an equal return if one of the horses wins.
  • Set Amount Dutching, Set Amount Dutching allows you to place a fixed amount on each selection rather than adjusting your stake according to the odds. This type of Dutching betting is useful if you have a specific amount in mind for each bet, and you’re less concerned about the potential returns being perfectly equal. Example: If you want to stake €10 on each of the three selections, regardless of the odds, the total stake in this case would be €30. While this may not provide balanced returns, it simplifies the process and ensures you control the amount you’re placing on each bet.
  • Set Profit Dutching, Set Profit Dutching is where you aim to achieve a specific level of profit regardless of which selection wins. In this case, the stakes for each selection are calculated based on your desired profit and the odds of the selections. This method can be particularly useful when you have a target profit in mind and want to ensure you’re making the right bets to reach it. Example: If you want to make €50 profit from the race and you’re betting on three horses with odds of 6.0, 4.0, and 3.0, your stake for each selection would be calculated to ensure that, if any of them wins, you’ll earn a €50 profit.

Each type of Dutching provides different ways to manage your stake and return, depending on your betting preferences and objectives. Whether you want to keep things simple, control your stake, or target a specific profit, Dutching offers a flexible approach to managing multiple bets in one event.

HOW TO PLACE A DUTCHING BET AT EDGE

On the Edge Sports Trading Platform, the process of placing a Dutching bet is straightforward:

  1. Select your Event: Choose the race or event you wish to bet on, be it horse racing, football, golf, or any other sport.
  2. Choose Multiple Selections: Browse through the available odds and select the outcomes you want to bet on.
  3. Enter the Total Stake: Enter the amount of money you wish to bet in total (the sum you are willing to risk across all selections).
  4. Use the Dutching Calculator: Edge offers a Dutching calculator that automatically calculates how much to bet on each selection based on your total stake and the odds.
  5. Confirm Bet: After reviewing your selections and calculated stakes, confirm and place your bet.
  6. Track Your Bet: Once your bet is placed, you can track the progress of the event and monitor your potential returns.

PROS & CONS

Here are a selection of pros and cons for Dutching betting.

Pro:

  • Increased Probability of Winning: By betting on multiple selections, you increase your chances of having a winning bet.
  • Flexibility: Dutching allows you to bet on multiple outcomes, which is great for diversifying your betting strategy.
  • Balanced Payouts: With proper calculation, your stake is spread evenly across your selections, ensuring equal payouts if one of them wins.

Cons:

  • Complexity: Dutching can be more complicated than traditional betting, requiring calculations or the use of a Dutching calculator to divide your stake accurately.
  • Higher Stake: Because you’re spreading your bet across multiple selections, the total amount of money staked can be higher than a typical bet on a single outcome.
  • Limited Profit: While Dutching increases your chances of winning, the payout is usually lower than placing a single bet at higher odds, especially if all selections are low odds.

CONCLUSION

Dutching betting can be a powerful strategy for bettors looking to increase their chances of winning by placing multiple bets on different selections in an event. It’s particularly useful when you want to hedge your bets. However, it requires careful calculation to ensure the stake is properly divided, and there’s always the risk of higher stakes and lower individual returns. If used strategically, Dutching betting can help diversify your betting approach and maximize your potential profits.