{"id":8717,"date":"2024-09-27T15:46:22","date_gmt":"2024-09-27T14:46:22","guid":{"rendered":"https:\/\/www.oddsmonkey.com\/blog\/?p=8717"},"modified":"2024-09-27T15:46:22","modified_gmt":"2024-09-27T14:46:22","slug":"dutching-extra-place-races","status":"publish","type":"post","link":"https:\/\/www.oddsmonkey.com\/blog\/matched-betting\/dutching-extra-place-races\/","title":{"rendered":"Dutching Extra Place Races"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">When huge horse racing events like Cheltenham or the Royal Ascot come around, bookmakers usually offer an extra place race. When incorporated with the \u2018dutching\u2019 technique, players could use this to their advantage to potentially make a return. Here at<\/span><a href=\"https:\/\/www.oddsmonkey.com\/\"> <span style=\"font-weight: 400;\">OddsMonkey<\/span><\/a><span style=\"font-weight: 400;\">, we will go through all the details you will need to know, including what dutching is, what an extra place race is, and how we can use both of these together to make the most of the opportunities we are given.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">What Is Dutching Extra Place Races<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">First of all, we will look at what an extra place race is. These types of races are not limited to the big horse race meetings, yet these are the most likely places to find them. These races will increase the each way places to one more place than it usually is. An example would be the bookmaker offering 5 places instead of the usual 4 or 4 places instead of 3, depending on how many horses take part in the race. For players who aren\u2019t quite sure what an each way bet is or how to place one, don\u2019t worry, as we have a<\/span><a href=\"https:\/\/www.oddsmonkey.com\/blog\/matched-betting\/each-way-betting-work\/\"> <span style=\"font-weight: 400;\">each way betting guide<\/span><\/a><span style=\"font-weight: 400;\"> for you to check out here!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Now for the dutching part, this is a technique known for backing all of the outcomes in the event and can be used as an alternative to laying bets. By using different bookmakers, players can back all possible outcomes and is typically done on events with two or three possible outcomes, but it can still be used on any event such as horse racing. We have an entire<\/span><a href=\"https:\/\/www.oddsmonkey.com\/matched-betting\/dutching-match-betting\/\"> <span style=\"font-weight: 400;\">dutching match betting guide<\/span><\/a><span style=\"font-weight: 400;\"> here at OddsMonkey for players to refer to if they need clarification on how dutching works down to the finest detail.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">How Dutching Extra Place Races Works<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Dutching is technically classed as a matched betting strategy, yet lay bets and a betting exchange are not needed to complete this strategy. As players place different back bets on different bookmakers, it is important to use our<\/span><a href=\"https:\/\/www.oddsmonkey.com\/matched-betting\/calculators\/dutching-calculator\/\"> <span style=\"font-weight: 400;\">dutching calculator<\/span><\/a><span style=\"font-weight: 400;\"> to ensure you are using the right figures and stakes with the odds and places available to you. If users do not use the correct figures, then the profit is not locked in, and this could result in a loss. The dutching calculator can be used for multiple different sports and considering there are multiple different stakes and bets needed, the maths can be confusing meaning the calculator is necessary.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For the actual technique, we will use an example to showcase how dutching actually works. If a bookmaker is offering 5 places instead of 4, this means if we back all of the horses in the race, we will be paid \u00a31000 instead of \u00a3800 if there were only 4 places being paid. This means all the horses must have stakes in place that match the odds to ensure a profit. With this technique, there are different amounts of profits being locked in, meaning players can get a range of different amounts depending on how much is staked.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">How Does Dutching Extra Place Races Link To Matched Betting<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Dutching in general is known as a <\/span><a href=\"https:\/\/www.oddsmonkey.com\/matched-betting\/what-is-matched-betting\/\"><span style=\"font-weight: 400;\">matched betting<\/span><\/a><span style=\"font-weight: 400;\"> technique due to the ability to lock in profits with the correct maths. Despite lay bets and betting exchanges not being used, Dutching is still classed as part of this family. If done correctly, there will be losses from the other stakes that did not win, however with careful mathematics, the qualifying profit will make up for the qualifying losses therefore leading to a profit.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As dutching is part of<\/span> <span style=\"font-weight: 400;\">matched betting, we have plenty of different guides and our extensive<\/span><a href=\"https:\/\/www.oddsmonkey.com\/blog\/\"> <span style=\"font-weight: 400;\">matched betting blog<\/span><\/a><span style=\"font-weight: 400;\">, which has various techniques for users to try out surrounding this innovative strategy!\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Learn More About Matched Betting At OddsMonkey\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">With dutching extra place races being one of the many matched betting techniques, we have a load more guides of how to get into matched betting here at OddsMonkey. You could check out our sport specific guides such as our<\/span><a href=\"https:\/\/www.oddsmonkey.com\/blog\/matched-betting\/football-matched-betting-guide\/\"> <span style=\"font-weight: 400;\">football matched betting guide<\/span><\/a><span style=\"font-weight: 400;\"> or our<\/span><a href=\"https:\/\/www.oddsmonkey.com\/blog\/matched-betting\/horse-racing-matched-betting-guide\/\"> <span style=\"font-weight: 400;\">horse racing matched betting guide<\/span><\/a><span style=\"font-weight: 400;\"> which will guide you through all the different techniques and tools you can use to match bet effectively and sustainably.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When huge horse racing events like Cheltenham or the Royal Ascot come around, bookmakers usually offer an extra place race. When incorporated with the \u2018dutching\u2019 technique, players could use this to their advantage to potentially make a return. Here at OddsMonkey, we will go through all the details you will need to know, including what [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_breakdance_hide_in_design_set":false,"_breakdance_tags":""},"categories":[61],"tags":[],"yst_prominent_words":[113,407,1532,3201,172,2757,109,2728,3208],"acf":[],"_links":{"self":[{"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/posts\/8717"}],"collection":[{"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/comments?post=8717"}],"version-history":[{"count":1,"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/posts\/8717\/revisions"}],"predecessor-version":[{"id":8718,"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/posts\/8717\/revisions\/8718"}],"wp:attachment":[{"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/media?parent=8717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/categories?post=8717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/tags?post=8717"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.oddsmonkey.com\/blog\/wp-json\/wp\/v2\/yst_prominent_words?post=8717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}