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How To Dutch!

04 Jul 12 15:13
Hi Everyone,

By popular demand today here is a post I put up last year about how to place a dutch bet.  To use Betfair multiples to do this and get a combined SP return, just go to the race in the multiples, choose all your horses and click estimate to see your dutched returns, simple!

Here is the old post, I hope it helps!

Without boring you all to tears with a history lesson about how the system originated, which I understand was from Al Capone’s accountant, but don’t shoot me if I’m wrong!

If you search Google for ‘what is dutching’ we get, ‘In gambling, Dutching is sharing the risk of losing across a number or runners by backing more than one selection in a race or event. The process calculates the correct stake to place on each selection, so that the return is the same if any of them wins’. Which in a nutshell is dutching!

You can add all kinds of amazing variables to this system, with the advent of Betfair unlocking trading capabilities around your dutching.  For our ZH Ratings selections we are simply backing the top rated downwards to give us the desired equal profit should any of them win!

The dutch bet below demonstrates how to dutch using 2011′s Grand National selections as an example, and shows the benefit of using this system to increase your prospects of winning more often.

This is out of a possible dutch for the five ABCDE rated horses for the big race, using a total stake of £100.00 split between all five horses, gives an equal profit should any of the horses win of approx £279.40.

Selection:                Odds:     Stake:       Profit:

A Big Fella Thanks    24.0        £15.81      £279.45

B Silver by Nature     17.0        £22.32     £279.45

C Ballabriggs            18.5        £20.51      £279.45

D Oscar Time           14.5        £26.17     £279.48

E Niche Market          25.0        £15.18     £279.51

As you can see each outcome shows a virtually equal profit.

How to Calculate A Dutch Bet?

You can use an online Dutching calculator such as Oddschecker, the Betfair multiples section will work out a combined dutched profit for you on the majority of events, or for a complete solution get yourself a decent API which will auto calculate your dutch bet.

I personally recommend Fairbot API for dutching, as it has a great back and lay dutch calculator built in to it, and it is very easy to use.  Not only this, hedging options are made simple, and when it comes to stability this API in the three years I’ve been using it has never once let me down.

If you need any further advice about dutching, drop me an email any time.

Ryan Phillips
Zerohype
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