4/14/2022

Betfair Dutching

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The simplest way to describe dutching is as a way of spreading your chances of winning. Basically, you make a number of bets on the same race or match. This means that you cover a range of different possibilities at the same time. Often each of these bets is designed to pay out the same amount. ‘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. Dutching Betting is a legitimate sports betting strategy to back multiple selections in the same event, which can be used as an alternative to betting exchange lay bet. Dutching betting system can also be used to the alternative of lay bet at betting exchange in matched betting especially for a tennis match (see later for how it works).

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Betfair Dutching Correct Score

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This is a guest post from sports betting expert and successful punter Bradley Gibbs. This is all about the concept of reverse dutching and is actually less confusing then it sounds. So take it away Bradley!

What is Dutching?

Hi guys, well before we consider reverse dutching, let’s first take a look at dutching itself. Dutching is the name given to a particular betting method where the punter backs more than one selection in a race/event in order to both increase the chances of winning and to ensure the same amount is won should either selection win. Put simply, dutching is a staking method where the financial risk is split across multiple selections.
Dutching is commonly used in events where there are a large number of outcomes, such as a 10 runner horse race. For instance in such an event the punter may feel they have narrowed the field down into three of four likely winners. Dutching can be used to best effect in events where you feel, for logical reasons, that a number of the more fancied/shorter priced entrants don’t actually have a great chance of winning. In these instances, dutching the remainder of the outcomes, at what should be reasonably sizeable odds, can be hugely rewarding.

What is Reverse Dutching?

Reverse Dutching might sound slightly complicated; however, it is very simple, in fact all it is, is the opposite of regular dutching and thus is once again a staking system that minimises risk. Instead of backing a number of selections in the same event, the punter will aim to lay more than one selection (using a betting exchange such as betfair) in order to increase the likelihood of winning/minimising risk.

Why Reverse Dutching?

In sports betting, particularly horse racing, it is often far easier to say that something won’t win, rather than to say something will win. On this notion there are times where with some confidence punters are able to rule out a number of the runners without coming to any clear cut view of what the winner will be. When coming to these conclusions, because the option to lay multiple horses is now readily available thanks to the prominence of betfair, punters are able to lay each of the horses they think can easily be dismissed.
Reverse dutching is also for those punters who are really striving to minimise risk. The punters who are looking to spread their liabilities in order to achieve a greater number of smaller percentage wins.
There are also several punters – focussing their betting attentions on laying – who only tend to lay the shorter priced favourites, but shy away from laying bigger priced selections for fear of having to pay out larger sums. On the one hand this is more than understandable, as from a liability point of view it’s better to lay a selection at 2.5 then 8.0. However, using the reverse dutching method punters can considerably lower their risk by laying more than one selection.

Reverse dutching: How?

How do we go about carrying out the reverse dutching method? The first thing to know is that planning is important. Reverse dutching works best when it is your intention to lay multiple selections in the same race from the outset. For example if you’re looking to lay a number of runners in a horse race, make sure you have researched the race, ensuring you have a solid grasp of the form and any other important information. If you have put the work in here you should have come to a clear decision on which horses to lay.
Let’s look at an example.

Say in a big field handicap horse race you have decided that the first and second favourites are worth laying, and at odds of 6.0 & 7.0 (5/1 & 6/1) you are willing to do so.

Let’s then say that the max pay-out you’re looking for is £50. The first thing you need to do here is to calculate the implied probability. This can be done by dividing 1 by the odds of each selection.
Of course this is a simple example so the calculations for staking are fairly simple. If your max pay-out is £50, and the favourites are available are odds of 6.0 and 7.0 each, you need to do the following calculations in order to calculate both implied probability and staking.
Implied probability horse 1 = 1/6 x 100 = 16.6
Implied probability horse 2 = 1/7 x 100 = 14.2
In order to calculate the correct staking, take the numbers from above and use them in the following calculation.

Dutching

Stake = selections Implied probability / total selections implied probability x pay-out
So for the race above you would do the following:

(16.6/(16.6 + 14.2)) x 50 = 26.94
(14.2/(16.6 + 14.2)) x 50 = 23.05

Let’s now assume that your thoughts were confirmed and both of the front two in the market failed to affect the race in the way their pricing suggested and thus failed to come home In front. In laying the pair you have won £50 (minus commission – usually 5%).
Now you may be thinking that if the aim is to reach a £50 pay-out by getting both the horses beat, then why does is it important to split the stake in the way shown above? Well, it is important to go through the above calculation in order to work out how much you will lay each horse for simply because by doing so each horse you lay will result in the same liability.

Therefore if you get it wrong and one of the horses wins, regardless of which one it is you will be liable for the same amount.
Reverse dutching is usually done with more than two horses, in fact it is often better to lay more than two horses because not only does this minimise risk further, it can also result in greater pay-outs providing you have called the race correctly.
Regardless of whether you are laying 4, 5, 6, or even more horses in an event, you should determine beforehand the maximum pay-out you’re are looking for and then go through the same calculations as above for each horse.

Benefits

The main advantage of using the reverse dutching method as an exchange layer is that it of course reduces risk and therefore increases the punters chance of winning. Realistically, particularly once you’re are experienced in reverse dutching, this should result in both more frequent winning bets and more frequent returns.
Aside from these financial benefits, reverse dutching can also, at times, make it easier for punters to assess a race/event. Since, as mentioned previously, it is often much easier to conclusively determining what will lose or at least what has very little chance of winning as opposed to determining the winner of an event.

Drawbacks

Unlike regular dutching there aren’t really any glaring drawbacks to reverse dutching. Perhaps the only real drawback to regular dutching, is the lack of sizeable returns, or more – the dilution of profit. Naturally as you increase the number of selections you dutching in order to minimise risk you’re also minimising the amount of profit that will be made. If you are dutching the key here is to find the right balance, look for a balance in the event where by backing a certain number in relation to the number of market entrants you’re minimising the risk to a degree but are also seeking a reasonable profit.
As we are concerned with reverse dutching this isn’t really an issue. The more selections you lay, the greater the potential profit can be. Likewise the more selections you lay, the more you minimise the risk, as even if one does win you will be collecting on those who did not. However, this is not to say that blindly laying any selection in a race/event is a good idea. Be thorough in your research and put the work in order to get a good understanding of the event you’re betting on.

Check This Out Next:

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Betfair Dutching Calculator

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Dutching on betting markets – The Concept

You may already be familiar with Dutching. But if you are not, here is the concept.

When you place a back bet into a betting market or with a bookmaker or sportsbook you are doing traditional gambling. You are betting on something to win. If you don’t pick a winner, you lose your stake. Your stake is fixed and your return varies depending on the odds you are given.

When Dutching you are more or less doing the opposite. You pick how much you want to win against your stake then apply that to your bet. The great thing is you don’t need to pick just one winner, you only choose one selection from range of selections in the market.

You only place back bets when you Dutch in a traditional sense, you don’t place a lay bet. This betting strategy is not about the stake on each selection, but all about the amount staked across multiple selections, but you limit your total stake for an equal profit.

To give you some more insight. Let us say you are Dutching the Grand National, probably the most famous horse race in the world. There are 40 runners in that race but only one can win. Picking that winner is incredibly hard on what can only be described as ‘Bingo on legs’. With Dutching you choose how much you want to win and pick multiple selections, of which only one needs to win.

Advanced Dutching calculator in Bet Angel

One thing that can be frustrating with traditional and basic Dutching is that you choose three or four selections/runners in a market only to see it’s the fifth one that wins meaning your regular dutch bet is lost.

Bet Angel’s advanced Dutching tool offers a solution to this with a method of Dutching often referred to as Variable Dutching.

When you look at the staking methods available in the Bet Angel Dutching tool one of the methods you’ll see is ‘Back to a Target Profit of’. As its name suggests with this method you simply set the profit you want to achieve then tick the selections/runners you want to Dutch and Bet Angel will calculate the individual stakes required so that each selection picked will return a profit of £25 if it wins.

Taking Back Control

That’s not the best part of using this method, Bet Angel then allows you to take further control and ‘Override’ this target profit for individual selections. Therefore you could say something like, I want to make £25 if the Fav or 2nd Fav wins, but only make a profit of £15 if the 3rd Fav wins and want to breakeven if the 4th – 6th Fav wins – and you’ll take a loss on any other selection winning.

Overriding your target profit effectively lets you weight your profits more towards the selections/runners you think more likely to win and less on towards those your not so sure of, the overall effect of this is it then reduces any losses you have on the remaining selections.

Dutching a football correct score market

You can use Dutching on all your favourite sports. Here is an example of me using Advanced Dutching in a Correct Score market in a football match were I’ll be ‘Backing to a Target Profit’ of £25 in a match between Bournemouth and Spurts.

Betfair Dutching Tool

After evaluating the match I’m expecting it to be a low scoring game which I think Spurs may just edge. Of course, being uncertain of what the actual score might be I’m going to be Dutching several correct score lines and covering a few outcomes and using Bet Angels advanced Dutching calculator will be weighing the profits more on low scoring wins for Spurs while still covering other score lines in some way.

In the image below I’ve ticked the 10 score lines I want to Dutch, for the purposes of this example I’ve just taken the current back prices for all of them but if I wanted to I could have offered some of the bets at the current lay price or set my own manual prices. Regardless of which is used Bet Angel will then work out the stakes required for each selection and show them to you in the ‘Stakes’ column.

In the ‘Override’ target profit column I’ve ticked the score lines I wish to change the profit for.

Betfair Dutching App

If the match finishes 0-0, 1-0 & 1-1 scores I don’t want to risk anything so have overridden the target profits of these so I win £0. In other words, if any of these scores is the final result I’m prepared to walk away from this bet without winning or losing anything.
For 2-0, 2-1 & 0-3 I’m prepared to lose a fiver should the game finish with one of these scores.
The remaining low scoring wins for Spurs I will profit £25 (my target amount).

I’ve now created a position for myself where believing it will be a low scoring match that Spurs may edge I can only lose my full stake if Bournemouth win 3-0 or there are 4 or more goals.

Betfair Dutching Software

Providing the match ends with any other score it will return either a profit, break-even or minimal £5 loss.

Bet Angel’s – Advanced Dutching calculator

Bet Angel has always been about doing things differently and when we looked at Dutching we decided to mix things up a bit. So Bet Angel has the most advanced dutching calculator available. Using it you can do a whole range of clever things, instantaneously.

Betfair Dutching Bot

Bet Angel will do all the complicated calculations and you just need to decide what selections to cover and how much you want to win. Bet Angel will calculate everything for you, you just need to hit the place bets button.

Betfair Dutching Strategy

Betfair Dutching

Bet Angel’s Dutching tool works in practice mode. So feel free to log in to Bet Angel in practice mode and find out more about its Advanced dutching calculator. See the video for more guidance.