When you go Dutch on a date you split the bill and a similar concept can be applied to racing when you split your stakes over several runners. In effect you are covering more than one base when you spread the risk over a number of horses in a race. Dutching is a great strategy to increase your strike rate and return on investment.
Apparently 98% of sports bettors lose money on a consistent basis over time. However, for every £10 bet on horse racing 90 pence is returned to the punter. That suggests racing is a good sport for betting if you want to enjoy long term profits and success. Dutching is a simple method that takes advantage of the potential returns.
You can build your betting bank with level or compounding staking and win on more races than punters who just back one horse. With level stakes betting you don’t increase or decrease the value of your bets during a winning or losing run. When you compound your bets the stake is not the same amount but the same percentage of the bank.
Bank management is an important element of dutching. If you start with a betting bank of £100 and the stake is 10% of the bank the first bet is for £10. If the horse wins at 2/1 your bank grows to £120 and the next bet is for £12 which equates to 10% of the bank. If the horse loses your bank is reduced to £90 and the next bet is for £9.
The definition of dutching is a system of backing more than one horse in a race so that you win a predetermined amount whichever horse wins. Obviously you will not enjoy a 100% strike rate as that never happens. However, you will have at least two horses on your side running for you against the field. There will be losing runs but over time this system produces a high strike rate.
For ease of illustration we will assume you are dutching two horses. Clearly they both can’t win so you will have one loser. However, staking will increase your chances of making a profit and your bank will steadily grow. Some discretion is required to choosing the best races to dutch because some horses are better sited to the concept.
You should hand pick your races and the first stage of this process is to eliminate apprentice races, selling races and any race with novice in the title. These contests are unreliable for form so should be avoided. There are too many variables and unknown factors so they are not suited to dutching.
Races with a short-priced favourite should be struck of the list of potential dutching opportunities. There is not enough profit from the dutching strategy when the favourite in a race is less than even money. Fitness is a massive factor in racing so you should focus on races in which the best horses ran most recently. The highest rated horse must have run in the last 30 days for a race to qualify.
You should now have a list of several races so the next stage is to identify the horses to dutch. You will have the best chance of making a profit by backing the forecast favourite and highest rated horse in the same race. In many cases this will be the same horse so the race is avoided for dutching purposes. You bet more on the shorter priced horse than the horse at bigger odds ad stakes are set at levels that guarantee the same winnings whichever of the two dutched horses wins.
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