- 1 What Is Dutching?
- 1.1 Dutching Definition
- 1.2 Risk-Free Dutching Strategy Using Dutch Betting Software
- 1.3 Dutching Horse Races (not risk-free)
- 1.4 Dutching Example
- 1.5 How To Find Dutching Opportunities
What Is Dutching?
Dutching or Dutch Betting is a highly popular sports betting strategy that involves backing multiple selections from the same event. The total stake is split across the backed outcomes so that a profit is achieved as long as one of the backed outcomes wins!
‘Dutching is a sports betting strategy which is used to cover most, if not all outcomes of an event. If one of the ‘backed’ outcomes wins, the bettor will be in an overall profit.’
The reason betting strategies like dutching and arbing are so popular within the betting community is due to the minimal risk and high profit potential.
Depending on your strategy, dutch betting can be either risk-free or can come with risk. The risk-free strategy will result in a lower profit margin, however, a profit will be guaranteed!
Before we can begin implementing Dutch betting strategies, it is important to understand how bookmaker odds work.
A Bookmakers’ business model sets out to accept bets in the correct proportions so that they make a profit no matter the outcome of the event. Bookmakers’ achieve this by offering odds lower than the true odds of each market; thus ensuring a profit.
The best way to understand this concept is to look at an example market. Here is the winner market for a football match between Middlesbrough and West Brom.
The are three possible outcomes to this match – Home Win, Draw or Away Win. We can work out the probability of each outcome using the following calculations:
- Middlesbrough Win = (1/2.37) x 100 = 42.2%
- Draw = (1/3.00) x 100 = 33.3%
- West Brom Win = (1/3.20) x 100 = 31.3%
When we calculate the sum of all the probabilities (42.2+33.3+31.3), we get a total of 106.8%.
The true total probability of this event is 100% or 1. The extra 6.8% is known as the overround and this percentage is the bookmakers profit as long as they accept bets in the correct proportion (stake x probability).
The underround is when the sum of the probabilities is less than 100%. In other words, the opposite of the overround. When this happens, dutch betting can be used to make a profit. There are a few circumstances which can produce a risk-free dutching opportunity.
- Using risk-free bets
- Using dutching software which finds opportunities to dutch (like this one)
- Excluding outsiders from an event e.g. horse racing (not risk-free).
Risk-Free Dutching Strategy Using Dutch Betting Software
A risk-free dutch betting strategy can be used if the probabilities of all the possible outcomes equate to less than 100%. The best way to find these opportunities is to use dutching software (such as the one found here) and a dutching calculator.
Example Using Oddsmonkey Dutching Software
The Oddsmonkey Dutching Software (shown above) will show all the dutch betting opportunities that will guarantee a profit, as long as the rating is above 100. I have picked out a selection which will give a 22.5% profit from a set stake.
As we can see from the matcher, there are a number of opportunities for a profit on the Trabzonspor v Osmanlispor match. We can see the live odds from each bookmaker:
- Trabzonspor Win – Xtip – 1.75
- Draw – Dafabet – 11.00
- Osmanlispor Win – 7.00
The reason these selections will guarantee an overall profit is due to the total probability being less than 100% (1.0) (Underround). Here is the calculation to show this:
- Trabzonspor Win = (1/1.75) x 100 = 57.1%
- Draw = (1/11.00) x 100 = 9.1%
- Osmanlispor Win = (1/7.00) x 100 = 14.3%
Total Probability = 57.1 + 9.1 + 14.3 = 80.5%
Using A Dutching Calculator
Now that we have a suitable dutching selection, the next step is to calculate our stakes so that we can make a profit no matter the outcome of the match. The easiest way to do this is to use a dutching calculator – The best one can be found by clicking here.
For this example, we used a total stake of £100 split over the 3 possible outcomes. The calculator then showed us what stakes to use on each individual outcome and the total profit depending on which result one. As we can see, we are set to make a minimum of £22.52!!
Dutching Horse Races (not risk-free)
Although dutching horse races isn’t always risk-free, it can be profitable if used correctly. Here are criteria that should be avoided when dutching a horse race:
- Races with a field of 8 or more runners
- Maiden races – These races are prone to shock results as there is no comparable data
- Banded Stake Races – these races are for poor performing horses only (mostly).
- National Hunt Races – again, there is no comparable data so are prone to shock results.
- Races in heavy going over marathon distances – unpredictable.
- 5 furlong sprints – unpredictable
Here is a worked example of a horse racing dutching strategy:
From this horse race, there is a high chance that one of the top four horses will win (Martila, Belcanto, Miss JoeKing and Donna’s Pride). If we insert their odds into a dutching calculator with our desired total stake, we can work out what stakes we would need to place on each horse in order to make a profit if one of them wins. For this example, we are going to use a £100 stake.
From the dutching calculator, we can see each individual stake we need to place, and the profit if any one of the four backed horses wins. This can be made more profitable by placing bets across several bookmakers who offer the best odds for each horse. This betting strategy can also be made less risky by including more horses in this betting strategy.
How To Find Dutching Opportunities
Finding Dutching Opportunities can be very time consuming and weary. After testing a variety of methods, the #1 way by far is to use a dutching tool which automatically finds risk free bets!
The best dutching tool I have used so far is supplied by Oddsmonkey. Not only is the tool accurate but is also very quick to update with new dutching opportunities! Check out the video below for a quick tutorial..
Make sure you check out the dutching tool by clicking this link! >>> http://oddsmonkey.com