Whether you're new to betting on sports or have been around a while, chances are you've heard about the betting strategy called "dutching"—and no, it has nothing to do with tulips or wooden clogs. Rather, dutching gives you a way to limit the risk of gambling so that you win small profits consistently that build over time. Keep reading to learn all about dutching, including the types of dutching and how to place a dutch bet of your own.
What does “dutching” mean?
Dutching is a betting strategy where you bet on multiple winners in an event that can only have one winner. This reduces your financial risk because if one of your picks wins, your earnings cover the other loss and give you a small profit. Dutching is most common in horse racing but is also used for other sports.
Steps
How to Dutch Bet
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Open accounts with 2 different sportsbooks. To reap the benefits of the dutching strategy, you typically have to place a bet for one winner at one sportsbook and another winner at a different sportsbook. Pay attention to the minimum requirements and open comparable accounts so you won't have to take vastly different costs into account. [6] X Research source
- Some sportsbooks permit limited dutch betting in specific markets, such as if you're betting on which player will score the first goal in a soccer match. [7] X Research source
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Choose a market in which both sportsbooks are active. Now you're going to decide what you want to bet on. You're typically looking for a race where there can only be one winner, or bets on the first team or player to do something in a game (which are also races because only one player or team can be first). [8] X Research source
- Look at the odds at the different sportsbooks as well. Typically they'll be about the same, but even slight differences might make a big deal later.
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Search for the right odds between 2 outcomes. The easiest thing to do is find a couple of possible winners who have the same odds—but that doesn't always work out in your favor. If you need to balance different odds, you can use a free online dutching calculator to find the right odds for the stake or profit you want. [9] X Research source
- Use what you know about the teams or players to decide which options are best. Dutching can be really difficult if you're trying to bet on a sport that you don't know much about.
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Place your bets for each of the outcomes on different sportsbooks. Now that you've decided what you want to do, you're ready to pull the trigger. Place your bets, then wait to see who wins. If either of your bets wins, you'll cover your loss on the other one and also earn a bit of a profit. [10] X Research source
- Dutch betting is a great way to take advantage of free bets and other promotions that sports books offer so you can really maximize your winnings.
- Keep in mind the odds might change between the times when you place your bets, which might affect your outcome a bit. [11] X Research source
Expert Q&A
Tips
Warnings
- Use gambling for entertainment purposes only. Set a limit and stick to it! If you feel like you have a gambling habit that's getting out of control, talk to a professional who can help with gambling addiction . [16] X Research sourceThanks
References
- ↑ https://news.paddypower.com/guides/2024/01/19/dutch-betting/
- ↑ https://matchedbettingblog.com/dutching/
- ↑ https://news.paddypower.com/guides/2024/01/19/dutch-betting/
- ↑ https://punter2pro.com/dutching-dutch-betting-explained-arbitrage/
- ↑ https://news.paddypower.com/guides/2024/01/19/set-stake-dutch-betting/
- ↑ https://matchedbettingblog.com/dutching/
- ↑ https://news.paddypower.com/guides/2024/01/19/dutch-betting/
- ↑ https://matchedbettingblog.com/dutching/
- ↑ https://bet-types.com/guide/dutch-betting/
- ↑ https://matchedbettingblog.com/dutching/
- ↑ https://bet-types.com/guide/dutch-betting/
- ↑ https://doppelwetten.com/dutching/
- ↑ https://doppelwetten.com/dutching/
- ↑ https://news.paddypower.com/guides/2024/01/19/dutch-betting/
- ↑ https://caanberry.com/how-does-dutching-work-in-sports-betting/
- ↑ https://www.mayoclinichealthsystem.org/hometown-health/speaking-of-health/dont-bet-on-it