“Dutching” betting system
“Dutching” is a type of betting where the bettor’s aim is to achieve the same amount of profit by betting more than one selection per race. This principle can be used for backing, laying or both in each individual event.
Dutch Schultz of German-Jewish descent was first to have been known in developing this form of betting on the racetracks of North America during the early part of the1930’s hence why the term is commonly now referred to as “Dutching”.
Examples of Dutching, betting to win.
You wish to invest a total stake of 100 euros and if there are only two horses which you believe can win, you would modify your stake per selection in accordance to the odds available at the time to produce the same return.
- Your first selection has available odds of 4.0
- Your second selection has available odds of 5.0
You would, therefore, bet 62.50 euros on your first selection which provides a total return of 187.50 euros including your stake. You would, therefore, bet 37.50 euros on your second selection which provides a total return of 187.50 euros including your stake. The total profit on the race should one of your selections win would be 87.50 euros once you minus your initial outlay of 100 euros. Of course, you are not limited to a number of selections you wish to bet on per event, here is an example of betting on four horses, again to an initial outlay of 100 euros.
- Your first selection has available odds of 3.00
- Your second selection has available odds of 6.00
- Your third selection has available odds of 9.00
- Your fourth selection has available odds of 12.00
Should one of your selections win you would receive the following returns including your stake. First selection would bring a total return of 144 euros. Second selection would bring a total return of 144 euros. Third selection would bring a total return of 144 euros.
Fourth selection would bring a total return of 144 euros. As you can see from the above example, the total profit generated would be 44 euros or 44 percent return on investment.
Please note, if you wish to apply this method using a betting exchange platform rather than a traditional bookmaker then you will have to factor in the commission rate that you currently pay.
An example of Dutching, laying to lose.
In this example, you wish to lay joint favourites.
- Your first selection you lay to lose at available odds of 5.00
- Your second selection being you lay to lose at available odds of 5.00
You would, therefore, lay both selections at 25 euros each meaning your liability is 100 euros. Your profit net of the commission would, therefore, be 50 euros should both horses lose, hence a profit of 50 euros on a liability of 100 euros. Should one of your selections win, an outcome you didn’t want, then you will have made a loss of 75 euros as you would have likely collected your return on your other losing selection which you have also layed for 25 euros.
As with all methods of betting, there are positives and negatives. The more selections you choose, the better chance you have of success and using this method could see losing runs reduced and if you are betting on multiple events. The flipside is, of course, lower returns as you increase the number of selections you make.
This type of betting would ideally suit those that can’t deal with losing runs well and who don’t mind smaller returns providing there is more consistency in the outcome of results.
If you choose to adopt this approach then I would suggest you run a paper trial, noting which method suits you best either backing or laying from testing it out in theory before making any actual investment.
Also, keep a noted record over the first few months and when you start to feel confident to then give it a try for real, starting with smaller stakes and increase accordingly to what you are comfortable within your Betting Bank.