Taking a look at a competitive event and deciding on just one competitor to back isn’t always easy. That’s where Dutching can really help you get that winning amount that you want. Dutching means that you back more than just the one selection but will win the same amount of money whichever of your selections wins. This is not the same as another process called ‘arbing’. That sees you backing all the outcomes in an event in order to guarantee a profit.
Back to Dutching. It’s important when you use this method of gambling to reduce the number of selections you decide to finally back. It is possible to Dutch any number of selections but the more you Dutch then the more losers you will be backing. It’s best to reduce that number of losing bets if you want to make a profit with your gambling.
You need to be able to take a look at an event and decide which outcomes are unlikely to happen. It will help if some of those selections happen to be among the favourites to win the event in question. Ruling out a load of 20-1 and 33-1 shots isn’t going to be that helpful.
How To Work Out The Different Stakes
One of the key features of the Dutching process is that you end up winning the same amount of money. With all the different prices that are available for every event, this isn’t the easiest of tasks.
For example, you decide that your best chance of making your desired return, which in this example is going to be 100€. is to back two of the competitors. One is 3-1 and the other 9-1. It’s best to turn those fractional odds into decimal odds, so 3-1 and 9-1 become 4.0 and 10.0 (this indicates that if you were to stake 1€ and your selection wins then you’d receive 4€ or 10€ depending on which one wins).
Take your desired return of 100€ and make two calculations using those decimal odds, thus
100€ divided by 4.00 which is 25€ and 100€ divided by 10.00 which is 10€
Now add those two results together: 25€ plus 10€ = 35€
So if you stake 25€ at 3-1 and 10€ at 9-1, if either selection wins your return will be 100€.
It may be that you have an idea in your head just how much you want to be gambling on this event, say a total of 20€. So how do you work it out so you place bets on both selections and get the same amount back?
If you decide to stake 12€ on the 3-1 selection then if it’s lucky enough to win, your 12€ becomes 48€ (12×3 =36 plus your 12€ stake back).
So how much do you now put on the 9-1 shot to win the same amount of cash? Take the 12€ figure you are placing on the other selection and multiply it by 4.00/10.00 (the decimal odds of each selection). This totals 4.80€. A stake of 4.80€ at 9-1 will win 43.20€ plus the 4.80€ stake back equals 48€.
Now all you have to do is just sit back, watch the event and hope one of your two selections wins.
Calculating Combined Odds
With Dutching you need to remember that the selections being backed come with combined odds. You need to consider the all-important odds in order to achieve your desired aim. So choose events where your combined selections have the best chance of winning in relation to their odds. Don’t just back all the selections you think have a good chance of winning.
For example, you decide to stake 100€ in total on your chosen event and want to see a return of 150€. Therefore your aim is to increase your initial stake by half (100 plus 50) or in decimal terms 1.5 (100 times 1.5).
If you want to stake 75€ and get 245€ back then you might think that’s a bit more difficult calculation to make than 100 plus 50 equals 150. But actually it’s quite easy to work out. Simply take the 245€ and divide by 75 (return divided by desired stake). That gives you odds of 3.27 which in fractional odds is just over 9-4.
The Advantages of Dutching
New Opportunities to make a Profit
A major advantage of Dutching is that it creates new opportunities to make a profit and that’s always a good thing It’s very common to look at for example a horse race and gradually eliminate the horses and finally end with two that you think will win. In such circumstances you might decide it’s best not to place a bet on the race. It’s so frustrating if you take the plunge and bet on just one horse and then the other one you fancied goes and wins.
Now if you go down the Dutching route of betting, then you do the relevant calculations and place bets on both of your favoured horses. One of them wins and you get that desired return.
You might be thinking that if you back more than one selection in a race then you lose out on value. Say there’s a short-priced favourite in an event but you don’t fancy its chances of winning, so instead choose two selections at good prices, If the returns from the combined bets are higher than the chance of one of the outcomes winning then you are still getting value by deciding to Dutch.
More Winning Bets
Now that’s something everyone wants to read. When you use Dutching you are decreasing your total odds – in the example given we had odds of 3-1 and 9-1 but the odds using Dutching that would win the required return were just less than 2-1. At the end of the day though a win is a win and it helps protect that betting bank that you have. So many times you will find it difficult to just choose one selection in an event, so Dutching gives you a chance to still get a winner and your desired return.
Disadvantages of Dutching
Dilution of Profit
There is the fact that if you back two selections, then that means even if you get the winner, then you’ll also be backing a loser. For example, there’s a snooker tournament and you decide to bet on Mark Selby and Judd Trump. You think Selby is your main tip but you decide to Dutch and go for Trump as well. If Selby wins you get that desired profit but part of you will be thinking why didn’t I just bet on him and not place a bet on Trump thus reducing my profit.
That’s why it’s important not to place money on too many selections. Say for example, you also decided to put bets on Graeme Dott and Mark Williams to win that snooker tournament. The more selections you make, the lower the odds and more money being used on losing selections. This means your strike rate has to improve in order to maintain a certain profit level.
Reverse Dutching is Dutching lay bets on the exchanges. All the principles you’ve been using before stay the same. Remember, the more selections you lay, the more likely you have to win but the odds will also be less. If you only lay a few selections, there’s less chance of you winning, particularly in a very competitive event, but your odds should increase.