Dutching is a technique which allows you to share the risk across multiple different selections. With our guide we will explain what this is all about, along on how it works when betting on top sports such as football or horse racing. Finally, make use of our dutching calculator to see what you should stake to make a profit.
What Is Dutching?
When betting at bookmakers like Matchbook, the aim of dutching is to alter your stake based on the odds of each selection so you have level returns should one of the selections win. This is one of the more complicated betting techniques, but once you are used to it, it is pretty straight forward. Dutching was developed by Al Capone’s accountant, so it is a very old technique. But, because it is based on solid mathematical principles, it is a timeless strategy.
In fact, it has actually become more relevant than ever since the introduction of betting exchanges. It allows gamblers to reduce risk even further, and try to increase their chances of profits.
The two main sports used for dutching are Football and Horse Racing. It is used on Football markets where there are numerous selections. And it is for this reason that is perfect for Horse Racing, also.
When to use Dutching?
Dutching is a good strategy to use when you want to be adverse to risk. The returns are lower than if you backed one of the selections individually, but of course, the risk is also a lot lower.
As we have all seen when gambling, even the best plans sometimes come undone by rotten luck. Races and Football matches can go to plan, except a moment of brilliance, or a moment of luck turns the result against you.
How to use a Dutching calculator
Our calculator is very simple to use. Firstly, you must choose the selections you want to use in the system, and shop around for the best odds. Sometimes this works better if you pick up the best odds on each selection from different bookmakers to get the best value.
Then, you must enter your total stake. Once you’ve done that, you must input the odds of each of your chosen selections. If you’re betting on an exchange, it is important to also factor in the commission charged by the exchange. The calculator will then tell you how much money you must stake on each selection. It’s important to follow this exactly.
One thing to watch out for is that in volatile markets, the odds don’t change since you submitted the calculation. If the odds change, make sure you recalculate the amounts you need to place.
Dutching in Football
The market most typically used for this kind of betting in Football is the correct score market. This is usually used when you have a rough idea of the outcome of the match but aren’t quite sure.
Of course, we have all seen in a Football match that a 0-0 score can look like it’s a winner. But then within minutes, it turns into a 1-0 score, leaving 0-0 backers as a loser. However, if you were dutching on the 0-0 and 1-0 scores, you would have been a winner in either scenario.
The best way to decide on the scores you wish to bet on is by looking at past scorelines, and H2H results for both teams. Over the course of a season, you will find that teams often fall into patterns with their score lines. Some teams may consistently have scores that are within a certain range. For example, every result both teams have had during the season may have been either 0-1, 0-2, 1-0,1-1, 1-2, 1-3, 2-1, 2-2 & 0-3. By placing a bet on each of these selections and staking as follows, you will end up in profit.
- The total staked adds up to £99.
- The varied stake on each selection ensures that if any of these outcomes wins, you will end up with a return of £139.97.
- That is a profit of £39.97 should any of these 9 scores win.
Dutching in Horse Racing
Again, with Horse Racing, it follows a similar principle as backing correct scores in Football. When you are reviewing the form of a Horse Race and just can’t decide between a few horses, you can increase your chances of a win.
For argument’s sake, if you are viewing a Horse Race that is priced quite tightly, and all horses are at odds of 5.0, you may decide that a good strategy is to back them all.
- The total of the stakes adds up to £100.
- Now, if either of these horses wins the race, you will get a profit of £25.69.
- Should none of them fail to win, you will lose £100.
To get these results, your choice selection would have been as follows:
Is Dutching profitable?
As with all betting strategies, none are cast iron certainties. Otherwise, the bookies would be out of business, and we would all be multi-millionaires.
But as strategies go, there is a reason that it has been around for such a long time. It is an excellent strategy, not made simpler by the fact you don’t even need to do the maths yourself!
With anything betting related, the key is to doing it with a good strategy and being disciplined. So all of the normal rules apply. It’s important to seek the best value to further increase your probability. It’s also important not to chase losses and keep a level stake to maximise your chances of winning over the long run.
You must also ensure that you know what your hit rate has to be to be profitable. For argument’s sake, using the above Horse Racing return, you need a ration of 4 wins to every loss to be slightly in profit.