Dutching explained
How dutching works: splitting one stake across several selections, a worked correct score example and its limits.
Read the transcript
Dutching lets you back several selections in one event and make the same profit whichever of them wins. Here's how the stakes work, with a correct score example.
You split one total stake across several outcomes, so any winner pays the same. It's named after the gangster Dutch Schultz, and traders use it on correct score and racing markets.
Every decimal price has an implied probability, one divided by the odds. Add these up for your selections. Then give each one a share of your total stake equal to its share of that sum.
Say you dutch twenty pounds on three scores: one-nil at seven, and two-nil and two-one at nine. That's seven pounds eighty-three on one-nil, and six pounds oh nine on each of the others. If any of them comes in, you get back about fifty-four pounds eighty, a profit of thirty-four eighty. Any other score, the twenty pounds is gone. It's like one bet at two point seven four.
But dutching doesn't create value. It only spreads your risk. If each price is below its fair odds, the dutch is poor value too. So shop around for the best price on each selection.
On an exchange, commission comes off your net profit, so at two per cent, thirty-four eighty becomes about thirty-four ten. More selections mean a shorter combined price, prices can move before you're matched, and correct score markets often have low maximum stakes. Please bet responsibly.
In this video
- The idea
- How the stakes are worked out
- Dutching £20 on three correct scores
- Dutching doesn't create value
- Know the limits
Transcript
Read the full transcript
Dutching lets you back several selections in one event and make the same profit whichever of them wins. Here's how the stakes work, with a correct score example.
You split one total stake across several outcomes, so any winner pays the same. It's named after the gangster Dutch Schultz, and traders use it on correct score and racing markets.
Every decimal price has an implied probability, one divided by the odds. Add these up for your selections. Then give each one a share of your total stake equal to its share of that sum.
Say you dutch twenty pounds on three scores: one-nil at seven, and two-nil and two-one at nine. That's seven pounds eighty-three on one-nil, and six pounds oh nine on each of the others. If any of them comes in, you get back about fifty-four pounds eighty, a profit of thirty-four eighty. Any other score, the twenty pounds is gone. It's like one bet at two point seven four.
But dutching doesn't create value. It only spreads your risk. If each price is below its fair odds, the dutch is poor value too. So shop around for the best price on each selection.
On an exchange, commission comes off your net profit, so at two per cent, thirty-four eighty becomes about thirty-four ten. More selections mean a shorter combined price, prices can move before you're matched, and correct score markets often have low maximum stakes. Please bet responsibly.
Keep learning
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