What is a Dutching trick in betting?
Dutching is a betting strategy that involves betting on all options in a market so that the profit is the same regardless of the outcome.
It is similar to traditional match betting but you cover all the options often at different bookmakers. The term ‘Dutching’ originates from the American Dutch Schultz, a bookmaker in the early 1930s. Schultz enlisted the help of a good accountant who could tell him how much to bet. entering the racetrack to manipulate the odds at the last minute. With Dutching in his bets, Schultz secured himself a fortune worth millions of dollars.
Dutching is a form of betting where you place your initial bet and then settle other outcomes in the same market at a different bookmaker. To earn the initial overall profit, regardless of the outcome, you need to bet different amounts for each selection, depending on the odds of each bet at W88 bookmaker.
Let’s try Dutching in betting through a concrete example
Imagine you saw the following offer at ‘Bookie A’… You look at the available odds and see that Rafael Nadal is priced at 1.50 (1/2) at betting website A to win the match. At another betting website (let’s call it ‘Bookie B’), Novak Djokovic is priced at 2.50 (6/4).
So you place a qualifying bet worth £10 on Rafael Nadal at Bookie A. Now you need to know how much to bet on Novak Djokovic at bookmaker B and this is where the dutching tool comes in. You select the ‘First Choice’ target and the ‘Standard Bet’ bet type and enter your initial bet amount and odds for both bookmakers.
As you can see, the dutching calculator would ask you to bet £6.00 on Novak Djokovic at Bookie B.
So no matter who wins, you’ll lose a small £1 to qualify for your £10 free bet. Congratulations, you have made your first successful bet!
It is worth mentioning that dutching is not limited to sports with only two outcomes. For example, you can use dutching in bets that cover all three outcomes of a football match (home team win, away team win and draw) or one of many runners in a race.
Dutching is a total bet type
‘Total Bet’ Dutching lets you know the total amount you want to bet across all the selections. This amount will stay the same regardless of the number of options removed. As you can see, your fixed total bet is £10. The calculator has given you the amount to bet on each selection, ensuring that you make the same profit regardless of the outcome.
You would have made a profit of £2.50 regardless of the result. If you add more selections, your bet amount per selection will decrease to ensure that your total bet amount remains the same.
Dutching is an overall profit model
Dutching this type allows you to enter the amount of profit you want to earn regardless of the outcome. This amount will stay the same regardless of the number of options removed. This type of Dutching gives you the amount to bet on each selection, ensuring that you will make your total profit of, say £10, regardless of the outcome.
Let’s consider your overall potential profit/loss for each outcome. As you can see, you will make a £10 profit regardless of the result. If you add more selections, your bet amount on each selection will increase to ensure that your overall profit remains the same.
Dutching is perhaps more useful as bookmakers continue to adapt their promotions and cover different types of odds, then Dutching in betting will open doors that would otherwise have been closed for Friend. Next time the opportunity arises, try dutching in betting and start maximizing your profits.
Related: What is Scalping in sports betting