Dutching Bet Calculator
The Dutching technique has its origins in the United States, during the Prohibition Era. It was developed and used by Al Capone’s accountant, Dutch ‘Dutchy’ Schultz, who would bet different amounts on numerous horses in order to ensure the same amount of profit was made, regardless of which horse won the race. In other words, the technique involves laying the horses that aren’t expected to win by backing those thought to have a better chance of coming in first.
It’s popular to use the Dutching method with football betting, as there are many possible outcomes and attempting to predict exact scores is difficult. For example, if you want to set up a correct score trade in a match against Everton and Arsenal, and you feel confident of both a home win and a few goals, you may want to back 2-0, 2-1 and 3-0. A good first step to take is to enter the prices for each score into a Dutching bet calculator, then deciding on a final stake to place for the bets. You then open your positions in the current score market, which will all have the same profit, and you will be ready to trade. Trading software is also available so that punters can Dutch a number of selections in rapid succession.
There are three main types of Dutch betting – simple, set amount and set profit. In simple Dutching, the stake on each selection will either remain the same or be reduced, depending on the odds, to ensure a profit results. In set amount dutching, as the name suggests, the total amount staked is limited to a set figure, with the stake on each selection being reduced as more selections are added. With set profit dutching, both the stake on each selection and the total stake will go up as more selections are added.
This is done to ensure the pre-decided profit is made. It can seem intimidating to work out dutching bets manually, but fortunately you can use a betting calculator to find out the results quickly and easily. It’s recommended to use decimal odds for dutching, as fractional odds can complicate things.
Dutching can be used for any sporting event, and is particularly useful for those who can’t decide between two or three selections. By splitting a stake, a bet can be placed on all of the options, and you can still win as long as one of them is successful. For those looking to get rich quick, Dutching isn’t the best choice, as it’s a strategy which involves waiting for the right betting circumstances, along with smaller profits.
But those who are patient will experience decent winnings over time, if they are up for putting in the time and effort needed. Dutching is therefore useful for those who can’t decide which selection they want to bet on, and can prove profitable over a longer timeframe.
To make the whole process easier, use a Dutching calculator. Found online, these tools will tell you how much to stake on each selection in order to create an equal profit regardless of which result occurs. Enter the price for each selection, in decimal format, and the maximum total stake you’re willing to put in, to see your return if any selection wins and the potential profit.
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