Developed by Al Capone’s accountant, Dutch Schultz, dutch betting allows you to gain an advantage over the bookmakers. It is a staking method where you back numerous outcomes in order to improve your chances of making a profit.
Different types of dutching
There are numerous types of dutching which you can employ depending on what your overall strategy is.
We’ll split these into two categories.
1 Dutching to increase chances of winning
Ever looked at a horse race and struggled to decide between two or three horses which you fancy backing?
Dutching allows you to back these horses and spread your risk. Your bet can still result in a loss if one of the horses you haven’t backed wins. But by spreading your risk across numerous selections, your chances of picking a winner increase.
Dutching formulas or calculators help you choose the most appropriate stakes to ensure a level return.
2 Arbitrage dutching
By combining arbitrage and dutching, you can guarantee a profit by backing every available outcome in a fixture, should the odds allow.
This method takes advantage of discrepancies in prices between different bookmakers and by varying your stakes, you can ensure that you are in profit no matter the outcome.
One thing to keep in mind, is that dutching in this way is quite risky as it can lead to your accounts being restricted.
But if you combine it with matched betting as a way to qualify for offers, while minimising any losses, it’s perfect. The goal isn’t to get a profit and highlight yourself to the bookmaker. But to minimise any qualifying losses so you can get as much value as possible from bookmaker bonuses.
There are a few advantages of using this method over the traditional back bet and an exchange lay bet combination.
Firstly, if there is an offer at more than one bookmaker, you can qualify for both offers at the same time and minimise qualifying losses.
Secondly, if you have rollover requirements to complete with one of the bookies, it’s an efficient way of fulfilling them.
Lastly, there is sometimes a discrepancy between the rules of both a bookmaker and a betting exchange such as Betfair. For example – a bookmaker may offer a tennis promotion where their rules state that the full match must be completed for bets to stand.
But a betting exchange such as Betfair has a rule that says results stand if just one set has been played. So if you back a player and their opponent retires during the second set – you will receive a refund with the bookmaker, but lose your lay bet – leaving you out of pocket.
How to use dutching when match betting?
Ok, let’s say that you want to complete two promotions:
BetVictor – Bet £10 – Receive £10
32Red – Bet £10 – Receive £10
Normally, you’d have to complete the qualifying parts of these offers separately, laying each bet off at a betting exchange.
But with dutching, you can kill two birds with one stone. First you must find two bets where the probability of each side of the bet totals close to 100%. Our Dutch Matcher tool does this for you, but you can do this process manually.
Bookmaker markets normally add up to at least 105%. The extra 5% is called the overround and is in the percentage a bookmaker builds into their odds to ensure they make a profit.
But as you can see above, we have found two sides of a market where the overround has effectively been eliminated. This means we won’t incur any qualifying losses. To calculate the amounts you must place on each bet, there are dutching calculators available in our members area.
So, first we must place our qualifying bet with BetVictor. £10 at 3.0 on over 2.5 goals in the England v Brazil match will generate a return of £30.
The odds at 32Red are a lower, so to cover ourselves, we’re going to deposit and place a £20 bet at 1.5 on under 2.5 goals in the same match. This too, will result in a return of £30 if that selection is a winner.
Therefore, you will have deposited £30 into both accounts, and no matter the outcome, your total return will be £30.
This qualifies you for two free bets at the same time! Were you to use a betting exchange, you’d have made a small loss on each qualifying offer.
Other examples of dutching in matched betting
Let’s look at a tennis refund offer this time. One where it’s important to dutch with two bookmakers that have the same market rules.
The offer is “£20 refund if your player loses within 5 sets” and 10Bet are promoting it. The aim is to try and trigger the £20 refund by betting on the player that loses with 10Bet.
Andy Murray is the outsider and priced at 5.0 with 10Bet.
Novak Djokovic is the favourite and priced at 1.25 with William Hill.
You place a £20 bet on Andy Murray at 5.0 to get a potential return of £100 if he wins.
To cover any losses you must place an £80 bet on Djokovic at 1.25 with William Hill for a return of £100.
Now, should Andy Murray lose within 5 sets, you will receive a refund of £20 with 10Bet, according to the offer.
You will also get a return of £100 with William Hill to cover your total outlay, leaving you with a £20 profit!