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What is Dutch betting?

Dutch betting is a staking plan that involves backing a number of different outcomes to give you the same return.

By calculating the return on each bet and adjusting your stake according to the odds, you can ensure that your profit remains the same regardless of which bet actually wins. However, unlike arbitrage betting you are not guaranteed a profit, as an outsider can always surprise you with a win.

Example of Dutch betting

You are betting on a horse race with ten horses in the field. By reading the form guide you can see that the real contenders in this race are only six of the ten horses.

You then place bets on six of these horses, adjusting your stake according to the odds. The amount that you stake on each selection is calculated by working back from either: the total bet amount or your target profit amount. By using a dutching calculator you can easily calculate the stake and returns for each bet and dutch method.

For example if you wanted a return of $10, you could adjust your bet:

  • Horse A – odds of 4.30 – bet $5.35
  • Horse B – odds of 5.35 – bet $4.38
  • Horse C – odds of 6.40 – bet $3.66

Your total stake is $13.50 and if either of these three horses win, you will get a $10 profit. (Obviously, if none of the horses win, you’ll lose your $13.50 stake.)

Pro Tip:

Use different bookmakers to place the different bets when following a Dutch betting strategy and maximise any favourable discrepancies in the betting odds.

Use in sports betting:

Dutch betting is not exclusive to horse racing. You could choose a field of players in a team to score the first goal and use a dutch betting approach to calculate your stake and potential returns.

Pros and cons of Dutch betting:

ProsCons
Allows you to exploit your knowledge of a particular sport to limit the field to the likely winnersYou can still lose when an outsider wins
A great way to ensure solid returns based on probabilitiesYou need to calculate the stakes for each bet
It reduces your risk by spreading out your stake across different contendersYou don’t always know the true probability in sports betting, probability is dependent on many factors and losses still occur
Your wager is more likely to winIt could be far simpler to place a lay bet against two or three outcomes than going to the effort of Dutch betting
Effective way of profiting from bookmaker free betsWhen you place Dutch bets with different bookmakers, the odds can fluctuate between placement of bets, skewing your returns