In racing parlance dutching has nothing to do the Netherlands but it is akin to sharing the bill when you go dutch. In betting you share the bets on a number of horses in any race so that you will finish in front as long as one of the backed horses wins the race. It’s about spreading the risk to guarantee a profit if one of your horse prevails. There is the inherent risk of a big loss if you don’t have the winner in your Dutched bet but generally you cover several of the more fancied runners.
Today Rick Elliott’s Sports Betting World will highlight the basic concept of dutching, the mathematics and the Betfan service that was focusing on dutching horse racing bets when this article was written. A dutching system reduces the risk of not making money because you cover more than one horse but the downside is that you must stake a big proportion of your betting bank. The risks are offset by backing the more fancied runners.
The Concept Of Dutching
Bookmakers return about 90% of stakes in winnings for horse racing bets. They apply bigger profit margins to other sports so there is less value. Professional gamblers focus on racing because they have access to a bigger portion of the pie. The mathematics work more in their favour with racing bets than wagers on football, cricket, golf and other sports. The balance of power is shifted even further towards the punter when the powerful system of dutching is applied.
Dutching is a system that involves two or more horses in a single race to ensure a profit target is reached when one of those horses wins the race. The system works well because in any race you can have two or more of the better horses on your side. This is a system that suits gamblers who like a high strike rate rather than a return on investment based on rare but jackpot wins. You are in fact covering more than one base and with careful staking the profit target can be reached.
There can only be one winner of a race…well that’s not strictly true as you do get dead heats but they are few and far between. Of course if you are backing more than one horse in a race some will always lose. However, the clever staking plan means you’ll always make a profit if your dutched bet includes the race winner. This is a system for more risk adverse bettors who are happy with steady betting bank growth. It’s about small gains over a sustained period of time rather than big wins.
Mathematics Of Dutching
If you wanted to back two runners at Evens and 5/1 to guarantee a profit of £80 whichever horse won here are the bets:
Bet 1 £120 Horse 1 at Evens
Bet 2 £40 Horse 2 at 5/1
Here are the three potential scenarios and outcomes:
Horse 1 Wins
Profit from Bet 1 = £120
Loss from Bet 2 = £40
Net Profit = £80
Horse 2 Wins
Loss from Bet 1 = £120
Profit from Bet 2 = £200
Net profit = £80
You make the same profit from careful staking regardless of the winning horse. However, here is a note of caution and the third scenario:
Neither Horse 1 or Horse 2 Wins
Loss from Bet 1 = £120
Loss from Bet 2 = £40
Total Loss = £160
However, at those prices you are backing the first and second favourite so the strike rate will be high.
Racing Goldmine
An excellent example of a dutching system is our Racing Goldmine service. At the time of writing the service had delivered an All Time Profit of 969.02 Points. The service was successfully proofed over almost seven months. There were many decent priced winners and selections were sent out the night before racing. If you want to get involved in a proven dutching service CLICK HERE to subscribe to Racing Goldmine.
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