Dutching is a risk-management strategy where you back multiple outcomes in the same event so that you make the same profit regardless of which selection wins.
This is essential for markets with many outcomes, such as Correct Score in football or Winner markets in Horse Racing.
| Selection | Odds | Stake Req. |
|---|---|---|
| - | ||
| - |
What went wrong?
How to Use the Dutching Tool
- Total Stake: The total amount of money you want to invest in this event (e.g., $100).
- Add Selections: Enter the odds for every outcome you want to back (e.g., three different horses).
- Calculate: The tool tells you exactly how much to bet on each selection (e.g., $20 on Horse A, $30 on Horse B, $50 on Horse C).
Example: Correct Score Betting
You believe a football match will be low-scoring, but you aren’t sure of the exact result. You want to cover 1-0, 2-0, and 2-1.
- 1-0 Odds: 6.00
- 2-0 Odds: 8.00
- 2-1 Odds: 9.00
With a $100 budget, the calculator splits your stakes mathematically. If ANY of those three scores happen, you will make a guaranteed profit of roughly $165 (ROI ~165%). You only lose if the score is something else entirely (e.g., 0-0 or 1-1).
For a dedicated version of this example, use the Correct Score Group Hedging Calculator to allocate a budget across selected scorelines. This covers only the scores you include; any other final score loses the stakes placed on that group.
Frequently Asked Questions (FAQ)
Is Dutching the same as Arbitrage?
No. Arbitrage guarantees a profit by covering ALL possible outcomes across different bookmakers. Dutching covers only SOME outcomes (the ones you think are likely) usually at a single bookmaker. Dutching still carries the risk that an unselected outcome wins.
When should I use Dutching?
Use it when you have identified a race or game where the favorite is vulnerable, and you want to back 2 or 3 “value” outsiders without worrying about which specific one wins.
For multiple each-way selections, try the Each-Way Dutching Calculator. Each-way bets include a separate place part, so the total return depends on which runners win or place, as well as the place terms.