What Is Dutching ?
Dutching is a strategy where you spread your stake across multiple selections in a race to get the same amount of profit which ever selection wins that you have backed.
What you are doing is minimising your risk in a certain race thus giving you a better opportunity to make a profit.
So if we have a race in which we fancy two of the runners at odds of 15/1 and 6/1 we could well split our stake evenly across the two but we would no doubt be cheering on the 15/1 shot as we would make more profit than we would if the 6/1 shot came in. So if we were to DUTCH the two we would make an equal amount of profit whichever horse won. ( if indeed they did of course)
So how do we know what to stake on each horse to achieve this, well first we need to work out the probability of the horse actually winning and to do that we need to do some math.
1. Probability of the 15/1 shot = (1/(15/1+1))*100 = 6.25%
2. Probability of the 6/1 shot = (1/(6/1+1))*100 = 14.28%
Now that we have the percentages of the two runners we need to work out what our stakes will be for each runner and lets say we have £50 to play with.
1. Stake for the 15/1 shot = (6.25/(14.28+6.25))*50 = 15.22
2. Stake for the 6/1 shot = (14.28/(14.28+6.25))*50 = 34.78
So we have split our stake as advised above to return slightly over £243 whichever runner wins.
Now I know that all looks daunting and time consuming, but there is an easier way and that is in the form of a dutching calculator. All the major online bookmakers will have one somewhere on their site or you can use a stand alone one as below:
As you can see you just stick your prices in ( the one I have used require decimal prices so you just add 1 to your price ) add the stake then press calculate and hey presto all the hard work is done for you.
Dutching isn’t restricted to just two possible runners in a race it can be more but the more you add the less the profit becomes as you can see from the screen shot below:
What I have done above is add another runner to the equation and as you can see it has dramatically reduced our profits and the more you add the less that profit will become.
The types of races I tend to DUTCH are the big handicap races where you have lots of runners when the likely hood of there being a good chance of lots of runners good enough to win, also with these races we tend to get better odds and a lot of higher odds horses that are capable of winning, which makes it easier for us to cover more horses in the race.
If used correctly Dutching can be a very powerful tool to be used in your betting and with the correct selection process to find the runners we want to DUTCH then there is a healthy profit to be made.
I hope that I have given you a quick insight on what DUTCHING is and that you can use this method to secure yourselves more profit.
If any of you are interested in methods of selecting runners to select using ditching then give me a reply to this article and if there is enough interest I will write an article on it.
All The Best