Dutching - how to profit
You’ve gone through the 20-runner field for the day’s major handicap and put a line through those horses you think have no chance of winning.
That process has left you with four horses. But which one of those do you back?
‘Dutching’ stops you from having to make that decision and being left with the empty feeling of picking the winner but having nothing to show for it.
Horse racing tends to be the most popular sport for Dutching, but you can also use it when playing the correct score market in football, for instance.
The essence behind Dutching is that it allows you to make more than one selection and ensure that you will return an equal profit irrespective of which selection wins.
Most trading apps will give you the option of Dutching and the process is simple. It will even do the calculations for you so you don’t have to rely on your GCSE maths qualification.
Indeed, there are also some apps out there that are purely a Dutching calculator.
There will generally be a specific Dutching interface on the app that you’re using and you can select this feature once you have decided which market you want to bet on.
Depending upon which app you’ve got, there are a variety of ways that you can decide how you want to bet. The main two concern the stake you want to put on or the profit you want to make.
If you want to stake £100 in total, then this will be split across your selections to ensure the same sum is returned.
For example, if the odds of your four horses were 6/4, 6/1, 9/1 and 25/1, for a £100 stake, you would make a profit of £46.77, if one of those horses won.
Alternatively, if you want to target a profit of £100, then the Dutching calculator would work out for you how much stake you would need to invest. The potential downside to this approach is that you may have to stake a lot more, especially if your selections are short prices.
To achieve a £100 profit based on the odds mentioned above, for example, you would need to stake £213.80.
The software does all the hard work for you once you’ve narrowed down the field to those horses you think have a chance of winning.
It is then a case of just one click and the bets will be placed simultaneously. You can also set the time before the market closes for when you want the bets to be placed.
Other features on apps for Dutching include software that can scan the market for the best margins. You can set the parameters up in advance and, once the specific margin is reached, an auto-bet function can place the bet automatically for you.
Obviously, there is still no guarantee you will back the winner, but using a Dutching app will at least help you to reduce the risk considerably and remove the events which you think are unlikely.