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With our Dutching calculator, you can establish the best way to split your stake over several bets on the same event. It works best for markets with multiple outcomes, such as horse racing or NBA Championship futures.
The aim of Dutching is to get the same payout regardless of the outcome of an event, but it can be tricky to work out the stake for each bet. That’s where our Dutching calculator comes into play. Just enter the odds for two or more selections, plus your total stake amount and the calculator will do the rest.
You can use our Dutching calculator to spread your total stake across multiple outcomes for the same event. The role of the calculator here is to tell you exactly how much you need to bet on each outcome in order to get the same profit, irrespective of which bet wins.
The downside is that there’s a possibility of getting a negative result, which equates to a guaranteed loss and means that Dutching won’t work for your chosen odds and/or betting market. By its very nature Dutching works best with multi-outcome options, such as futures, horse racing, and goalscorer markets.
The inputs needed for our Dutching calculator are pretty straightforward:
After inputting the data for each of your selections, our Dutch calculator will display the following information:
To use this calculator all you need to do is follow these simple steps:
To provide you with a real-life example of how this calculator works in action, we’ve picked four potential winners for the NBA Championship from DraftKings Sportsbook at the following odds:
If we used a $100 total stake to spread across these four outcomes, here’s how the output of the Dutching calculator would be displayed:
Odds 1: | +230 | Stake Distribution 1: | $38.66 |
Odds 2: | +475 | Stake Distribution 2: | $22.19 |
Odds 3: | +450 | Stake Distribution 3: | $23.20 |
Odds 4: | +700 | Stake Distribution 4: | $15.95 |
Total Stake: | $100 | Total Payout: | $126.59 |
Total profit: | $26.59 |
Here you can see the amount you would need to bet on each of the four outcomes to get a total return of $126.59 and a profit of $26.59. This is naturally much lower than your expected payout and profit for a $100 stake on each bet individually, but conversely, your risk is reduced by covering more outcomes.
Dutching is a betting strategy that involves spreading your total stake across multiple outcomes for the same event. It is a sensible but conservative strategy that reduces your risk but gives you a higher win probability for a smaller payout.
If you refer back to the example above, you can see that you would make a $26.59 profit if any one of the four teams selected were to win the NBA Championship. This is a much lower profit than you would get with a $100 stake if you had bet on just one of those teams, but you effectively get four chances of making a correct selection, rather than just one.
Dutching works best for events where multiple outcomes are possible, such as the NBA Championship futures example used above. Horse racing and golf tournaments are also great choices for Dutch betting.
One thing that we should point out is that you cannot cover all eventualities at the same sportsbook and achieve a profit. So, if your chosen sport is golf, then you’ll need to have access to at least two of the best golf betting sites and select the best odds from each of them.
Give our Dutching calculator a try by inserting the odds for all sides of the same bet and you will always get a negative profit output.
The only way you might be able to guarantee a very small profit is by betting on all outcomes is if you find odd discrepancies between different sportsbooks. However, this is very time-consuming and rarely worth it for the small profits involved.
To show why covering all outcomes can’t work, let’s take the Liverpool vs Manchester City EPL soccer match odds from DraftKings:
Liverpool Win | Draw | Manchester City Win |
---|---|---|
+195 | +280 | +130 |
If you took the Liverpool and City win with a $100 stake, you would get a $29.24 profit if either outcome were to win. However, if you add the draw, you get -$3.56 - a certain loss.
This figure isn’t totally useless, however, as it shows you what profit the sportsbook is making - known as the “vig” or “juice”.
You can reduce your real-money outlay and therefore boost your potential profits by using sportsbook promotions for one or more of your selections. To help, you can check out the best available free bets for your location right here at PromoGuy US.
We’ve been through a lot of information, so here are the main reasons why our Dutching calculator is a useful tool for bettors of all experience levels:
Calculating how much of your total stake you’d need to allocate to each bet at the given odds is a pretty tough call for most of us. The Dutching calculator does all of the math for you in an instant.
Straight away you’ll know how much profit you’ll make if any of your selections win. Ultimately, you can use this information to decide if you need to add, remove, or edit your selections too.
If the calculator returns a negative result, you’ll know that those selections are unsuitable and will result in a loss.
A byproduct of this calculator, one that’s not directly related to the Dutching strategy, is that you can enter all possible outcomes to get a clear idea of how much vig the sportsbook is adding.
Our Dutching calculator is just one of our many betting tools and calculators we have on offer. All of the betting calculators here at PromoGuy US are completely free to use and you can discover and access them below.
At the end of the day, Dutch betting involves covering multiple possible outcomes to get the same profit regardless of which one wins. However, while Dutch betting reduces your risk of losing vastly, it doesn’t guarantee wins either. In addition, it doesn’t work for all sports and you can’t use just one sportsbook - they will have done the math and set the odds to protect their profits.
Moreover, you do need to be aware that the more selections you add, the smaller your expected profit. Still, with our calculator, you can discover the best way to spread your bet and find the best possible balance for your chosen event.
A Dutch bet involves spreading your total stake across multiple outcomes to achieve the same profit no matter which one wins. To calculate your potential payout, you have to consider the implied probabilities and stakes. Basically, it’s almost impossible for us mere mortals to do it on our own, which is why we recommend using the Dutch betting calculator at PromoGuy.us.
Dutch betting is potentially profitable, however, there is a balance you need to strike. As you add more selections and cover more outcomes, you will reduce your risk. However, you will also reduce your potential profit.
Our PromoGuy.us Dutching calculator is extremely flexible, and it can calculate your profit for all Dutch bets, no matter how simple or complex. To add more rows, odds, and outcomes, you simply need to click on the ‘+’ symbol.
The Dutch betting method is used to spread your total stake across two or more outcomes for the same event and to make the same profit regardless of which one wins. This only works with markets that have a minimum of three outcomes, and you cannot cover every outcome as this would guarantee a loss.
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