Betting is a very popular form of entertainment all around the world. Sports Betting is also one of the most popular forms of betting. Sports Betting is a great way of increasing one’s overall enjoyment while watching a sporting activity. Alongside this, it also provides an opportunity to potentially earn some cash prizes.
For those seeking to earn more profits from their gambling sessions, dutch betting could be a good option. Dutch betting, otherwise known as ditching, is a popular betting strategy to try and earn more profits from your gambling sessions. In this article, we will delve deeper and figure out exactly what Dutch betting is so you can incorporate this strategy as a potential side hustle.
What is Dutching
Dutching, also known as Dutch betting, is the term for a technique that aims to reduce risk while betting. This betting technique includes backing more than one outcome in the same event, mainly in football or horse racing. The goal is to profit from one of your chosen predictions.
The player’s stake is split and placed with the goal of making an equal profit regardless of which outcome wins. Dutching helps to reduce the risk of losing money and locking in profits. However, ditching takes a lot of planning as it’s important to place the correct stakes to ensure an equal profit is made. There is also the chance that both outcomes you bet on fail, and therefore, so does your bet.
Examples of Dutch Betting
There are 3 main options to consider when placing a Dutch bet, and we will go on to explain them all in this section.
Simple Dutch Betting
Simple Dutch betting is where you alter your stake depending on the odds to ensure a profit is made. Here are some examples of equal stake and reduced stake betting.
Equal stake Dutch bet:
- £10 on team A for 3/1
- Stake £10 on team B for 3/1
- Total Stake = £20 (£10 + £10)
- Either team wins = £20 profit (£40 return – £20 total stake)
Reduced stake dutch bet:
- Stake £5.45 on team A for 6/1
- Stake £9.55 on team B for 3/1
- Total stake = £15 (£5.45 + £9.55)
- Team A wins = £23.15 profit (£38.15 return – £15 stake)
- Team B wins = £23.20 profit (£38.20 return – £15 stake)
Set-profit Dutch Betting
This form of Dutch betting is where a bettor targets a certain profit regardless of how many selections are made. The following examples are all assuming the bettor wants to make a profit of £30.
Two-selection set-profit dutch bet:
- Target profit = £30
- Stake £10 on horse A for 4/1
- Stake £10 on horse B for 4/1
- Total stake = £20 (£10 + £10)
- Either team wins = £30 profit (£50 return – £20 stake)
Three-selection set-profit dutch bet:
- Target profit = £30
- Stake £15 on horse A for 4/1
- Stake £15 on horse B for 4/1
- Stake £15 on horse C for 4/1
- Total stake = £45 (£15 + £15 + £15)
- Any horse wins = £30 profit (£75 return – £45 stake)
Of course, it’s unlikely for every selection to have the same odds; however, it’s easier to explain. The Dutching system can get very complex with different and higher odds.
Set-amount Dutch Betting
This method of Dutch betting involves limiting your total stake rather than targeting a set profit.
Two-selection set-amount dutch bet:
- Total stake = £20
- Stake £13.33 on team A for 4/1
- Stake £6.67 on team B for 9/1
- Total stake = £20 (£13.33 + 6.67)
- Team A wins = £46.65 profit (£66.65 returns – £20 total stake)
- Team B wins = £46.70 profit (£66.70 return – £20 total stake)
Three-selection set-amount dutch bet:
- Total stake = £20
- Stake £13.33 on horse A for 4/1
- Stake £6.67 on horse B for 9/1
- Stake £10.53 on horse C for 2/1
- Total stake = £20 (£13.33 + £6.67)
- Horse A wins = £11.60 profit (£31.60 returns – £20 total stake)
- Horse B wins = £11.60 profit (£31.60 return – £20 total stake)
- Horse C wins = £11.59 profit (£31.59 return – £20 total stake)
Why Should I Dutch Bet
Dutch betting is a legitimate betting strategy that can provide bettors the opportunity to lock in profits. It’s important to note that you have to fully understand how the numbers work to correctly balance that stake and the returns, which can lead to bettors who aren’t fully knowledgeable making mistakes leading to failed bets or even successful bets that still lead to loss due to them wagering more than they win.
Where To Place the Bet
You can partake in Dutch betting at any physical or online bookmaker. It’s crucial to shop around for the best odds to ensure you can lock in the best profits available.
Dutch Betting Calculator
A Dutch betting calculator is a calculator which can help predict the outcome of your bet. You would simply put in all the information regarding your bet, and the calculator will tell you your expected profits. A Dutching calculator will also tell you how much you would need to stake to match the return of the previous stake. These can be very helpful for Dutch bettors as they can massively help by performing all the maths for you. You don’t need to spend hours working on calculations. You can instead use the Dutch betting calculator to speed up the process and perfect your betting strategy.
Summary
Betting is one of the most popular forms of entertainment, partially due to the fact that there is the opportunity to earn cash prizes. Dutch betting is a popular betting strategy which can help lock in profits and reduce the risk involved with betting. We recommend using a Dutch betting calculator to help you figure out how much you would need to stake to make profits. We hope this article has been beneficial in expanding your knowledge around the subject of Dutch betting.