Dutching, also known as Dutch betting, is the name for the betting technique of backing more than one outcome in the same event as opposed to just one. The aim of backing multiple outcomes in one event, mainly in football and horse racing, is to profit from one of your chosen outcomes winning.
This template can be used on multiple sporting events. For example:
- Horse Racing
- Greyhound Racing (Dogs)
- Football (Soccer)
- Tennis
- Golf
- Darts
- Rugby
- Boxing
- Cricket
- Formula 1
Just to name a few. But really any event where there is more than two outcomes.
You as a punter, your stake is split accordingly to the calculation in this template so that whichever bet wins, there is an FIXED profit made. This fixed profit is decided by you and set within the template.
This template is set to look at Set Profit Dutching find out more on how this works below.
Dutching does help to reduce the risk of losing money, as you are spreading your stakes across multiple outcomes. There is obviously risk involved and if your selected bets lose you will lose your stake.
All new version are FREE, and will be sent to you once developed and tested. I will be looking to add different Dutch Betting type like: Simple Dutching & Stake Limit Dutching to the template in the future. With these added types the price might increase so grab a bargain now.
Set Profit - Dutching
This is where a you target a certain profit from a race or event, regardless of how many selections are made. The examples below look at a set profit of £30 and explain how it works with two or three selections.
Two selection Set Profit Dutch bet
Target profit = 30
Stake 10 on horse A @ 5.0
Stake 10 on horse B @ 5.0
Total stake = 20 (10 + 10)
Either horse wins = 30 profit (50 return – 20 stake)
Three selection Set Profit Dutch bet
Your set profit amount is still 30, but because you have added another selection placing 10 on a 4/1 winner will only give you a profit of 20, so you need to raise each individual stake to 15.
Target profit = 30
Stake 15 on horse A @ 5.0
Stake 15 on horse B @ 5.0
Stake 15 on horse C @ 5.0
Total stake = 45 (15 + 15 + 15)
Any horse wins = 30 profit (75 return – 45 stake)
Of course, it’s unlikely that three horses will start a race at 5.0 (4/1), but this is the easiest way to explain the Dutch betting system, which becomes increasingly complex the more selections you add. The best way to work out your Dutch bet is to use a this Dutching bet calculator.
Workbook Contents
You will receive a Microsoft Excel workbook containing the calculator that will not only calculate your bets but also log them for you. This is great for monitoring your profit and loss from each session as you have a running balance.
All you need to do to get going is:
- Open the Microsoft Excel workbook
- Click on the Dutch Betting calculator icon in the custom ribbon
- Enter your; Bet Name, Profit Target, Bet Name and Odds (minimum of two bets needed)
- Click Calculate
- Wait for the race / event to finish
- Select the outcome if it Won or Lost
As easy as that.
You will also receive a User Guide containing explaining more about the template and how to use it. Along with some tips to help you get going.
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