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The best sports bettors are constantly trying to come up with new and innovative ways to beat the bookies. However, many of the most successful sports betting strategies have been around for decades.
Dutching is a technique that has been used for almost a century, but what exactly is dutching? How does dutching work in sports betting? What are the best markets for dutch betting? Read on to discover the answers to those questions.
How Dutching Works in Sports Betting
The term “Dutching” can be traced back to Dutch Schultz – an American mobster who created the strategy back in the 1930s.
Essentially, dutching is a strategy that involves splitting bets among the most likely options in a market. For example, you can assess the field of a horse race and back more than one horse to win the race, hoping that one of your selections is successful.
If you can correctly calculate your chances of winning, you can place multiple bets on the same event and still make a profit as long as one of your selections wins. That’s the beauty of dutch betting.
It is worth noting that dutching is similar to arbitrage betting, but it is not the same. While arbing involves betting on all possible outcomes in a market, dutching involves only wagering on the most likely winners of an event.
Examples of Dutching in Sports Betting
In order to help you understand dutching in sports betting, let’s go over a couple of examples. Dutching is particularly popular among horse racing bettors, but the strategy also works well for other sports such as soccer.
Let’s say there is a horse race with 10 entries. You expect the top two horses to dominate the field, but you can’t decide which horse will win. Well, this is where you would use dutch betting to wager on both horses.
To calculate the amount to wager, you want to look for the same profit regardless of which horse wins. For example, if Horse A is priced at +150 and Horse B is priced at +250, you’d bet roughly $58 on Horse A and roughly $42 on Horse B. If one of your chosen horses wins, you would profit around $45 on a $100 stake.
You can use the same technique while betting on soccer, especially the correct score market. If you handicap a match to finish 1-0 or 2-0 in favor of the home team, you would back 1-0 and 2-0 in the correct score market using dutch betting, ensuring the profit remains the same regardless of the outcome.
Of course, dutching doesn’t always work, as all of your selections could fail at the same time. Still, covering multiple options within one market is a great way to manage risk and get the better of the bookies.
