What is a Dutching Bet? A Simple Explanation to How They Work
Our guide contains a detailed Dutching betting explanation that can help you fully understand this type of betting. In short, Dutching bets are composed of several selections in an event so that regardless of the selection that wins the returns are the same.
Scroll down and discover how to use Dutching bet calculator and what are the main advantages of this type of wager compared to some other popular bets.
Dutching Betting Explanation: What is a Dutching Bet?
The rumour has it that the term “Dutching” was first invented by Al Capone’s accountant, who came to an idea of spreading the risk across different selections instead of relying just on one. That’s precisely how we can define dutching betting too.
In the world of betting, the term indicates a strategy involving multiple selections in the same event. The stake is split, so regardless of the selection that wins, you get the same return. In case there’s no win, all stakes are lost.
Keep in mind that this betting strategy doesn’t guarantee a profit, but it’s considered as a possibility of minimizing the risk. There are three different types of dutch bets: simple, set amount and set profit.
Just like the name suggests, simple dutching bet is the simplest form. The stake either is the same for all your selections or it’s reduced. It’s something that depends on the odds, and it exists to ensure that you can get an equal return from each selection.
However, you don’t have to bother yourself by trying to calculate your potential winnings, since dutching betting calculator can do it for you. Later on, we’ll explain how it works, but first of all, let’s see how to dutching bet and what are the advantages and disadvantages of this type of wager.
To know on which odds you could place a Dutching Bet, come check out our selection of online betting sites !
How to Calculate Winnings
Work out your winnings with our Dutching Bet Calculator.
What Are the Numerous Advantages of Placing a Dutching Bet?
Like we have already said, the risk is kind of reduced by backing more selections. Of course, it doesn’t guarantee you a profit, and certainly, it doesn’t mean more profit, because dutching bets involve more outcomes, but that’s how your total odds are decreased. And we know that decreased odds translate as a bigger implied probability. However, a bigger probability is not the same thing as certainty.
Another big advantage is that you can bet on 2 or more outcomes that would be hard to separate. For instance, that could be the situation with horse races, when you want to back up 2 different horses that you think both stand the equal chance to win or for football betting if you believe that a specific match will finish with the similar scorelines. With any other type of betting, in this case, you’d have to choose just one outcome.
Dutching Betting Explanation: All the Risks of making a Dutching Bet
Our dutching betting explanation would be incomplete without taking into account all the potential risks associated with this type of betting. As you can see above, there are a lot of advantages, but the real question is: what are the disadvantages of making a dutching bet?
In fact, we’d be exaggerating if we talked about disadvantages in the plural. There’s only one downside. The bettors are often tempted to bet on more selections, and the more selections they cover, the more their odds are decreased. That’s why when you ask yourself how to dutching bet, make sure to find bets with a positive value. The last thing you want to see is a big dilution of the profit.
All in all, instead of racking your brain over the potential profit and possible outcomes, find an appropriate dutching bet calculator and let it quickly work out your winnings.
Dutching Bet Calculator: What is It and How to Use It?
A detailed dutching betting explanation requires an explanation of dutching bet calculator too. Since dutching betting involves spreading the stake over a few selections so that any successful bet brings you the same amount of winnings, we can say that calculations aren’t very easy to be done. That’s when the Dutching bet calculator comes in.
Find this tool on the Internet, or at some of the online betting operators. Enter all the required information, such as your total stake and odds. Click the button, and let the calculator do its job.
Full Dutching Betting Explanation: Frequently Asked Questions
At the end of our Dutching betting explanation, we’d like to go through some of the frequently asked questions about how to Dutching bet. In other words, this section summarizes our Dutching betting explanation and hopefully, it will be helpful.
What is a Dutching Bet?
If how to dutching bet is your question, keep in mind that this type of bet allows you to include several selections in the same event, so that whichever of them wins, you get the same returns.
On which sports can I place a Dutching Bet?
Dutching bet can be placed on any sport. It’ up to you and it’s your choice. It’s a good option when you can’t decide between two or three selections. That’s how you can both on all of them, split your stake and still get a return if one of these selections wins.
What bookmakers offer this type of bet?
The majority of popular online betting operators offer this type of bet. If your bookmaker is not one of them, check out what the others have to offer. Also, before deciding to place a bet compare the odds and make sure to choose the best available option.