Dutching Calculator: Learn what is Dutching and use the calculator
Dutching, or placing a Dutch bet, seems to be the well-kept secret by the betting pros – as they say, slow and steady win the race and Duching when betting could prove the same winning strategy. If you are already familiar with the Dutch bet and simply want to use the calculator – go ahead. For the beginner, who has just learned about Dutching calculator and wants to get the details of how Dutching works or how to place a Dutch bet – after the Dutching Calculator we have explained everything you need to know about this type of bet.
Simply enter the price for each section, then total stake desired and the calculator will let you know how much you need to bet on each and what’s the profit you will make if you win.
How to use the Dutching Calculator
Since calculating the right amounts to lay on every outcome as related to the prices involves too much math for anyone without an advanced degree in mathematics, the Dutching calculator should come very handy, plus it’s quite easy to use.
- The first column indicates the number of selections you’d like to make as part of your Dutch bet. We have 12 of those, but of course, you would use just as many as you need for each particular bet you want to place.
- Second column is where you input the price for each selection. Please use decimal odds as working out the numbers using fractions is not only overly complicated but could lead to rounding errors. If you are using an online bookmaker – it should have the option to easily switch the format of your odds display from fractional to decimal (and vice versa).
- The third column is where your stake for each section will be calculated. This is how much you need to bet on each section, relative to the total stake
- The total stake box is where you would enter the total amount of money you’d like to bet when Dutching the event.
If you are new to sports betting you definitely need to know about the Dutch bet and here we will explain how Dutching works. First and foremost, Dutching is not a type of bet, that is you won’t find the Dutching section at your online bookmaker, rather than it’s a betting strategy, much like arbitrage betting, but unlike arbing, it’s not frowned upon by the bookies. In general terms, the Dutch bet is an opportunity for the punter to make multiple bets on a single event with the aim of hitting a winner and turning out a profit. Granted that the profit would be smaller than what you may be used to when placing single bets, it’s a good betting strategy for those punters looking to make a long-term steady profit from their bets. Dutching gives you the option to turn a small profit regardless of the outcome of an event. Of course, at this point everything may sound alien, so let’s look at an example to better explain how Dutching works.
Let’s say you want to bet on a horse race, but there are three ponnies you really like and can’t make your mind which one to bet. So why not bet all three of them?!? Dutch that race and you can turn some profit! Let’s say that the prices on the race are as follows:
Horse 1 Price: 3.00
Horse 2 Price: 6.00
Horse 3 Price: 7.00
Remember that we use the decimal prices for the ease of calculating the Dutch bet. You can use one of the thousands of free odds converters or do the job right at the bookmaker (if you are patronizing an online bookie). The total stake you are willing to risk on this fictional Dutch bet is £100, so how do you bet in order to turn profit regardless of which horse wins the race? You would usually use the Dutching Calculator above, but for the sake of the example, let’s calculate the numbers ourselves, or actually let’s look at what the numbers in the calculator mean, since the actual math would likely confuse you even more.
The point of the Dutch bet here is to split our £100 stake in such a way that no matter which of the three contenders wins the race – we always make the same profit. So, if we bet on Horse 1 £51.85 to win, it would give us a profit of £55.56,or (3.00x£51.85)-£100 stake=£55.56 profit. This means that in order to get the same £55.56 profit if Horse 2 wins instead, we need to stake £25.93 on it, and the bet on Horse 3 must be £22.22. If you add up the numbers you will see that we have risked a total of £100, but no matter which one of the three horses win the race – we always turn £55.56 profit on our Dutch bets. Of course, you would usually bet favorites so the profit would not be as big as it appears in our example, but on the plus side, long term you will win a lot of your Dutch bets, albeit turning a profit much smaller than just betting singles.