What is Dutch Betting?
Dutch betting is a term used in sports betting and wagering that refers to betting on multiple predicted winners of an event. In essence, it is a process of finding value betting opportunities, oftentimes by employing a “hedging” technique. Essentially, a bettor stakes money on multiple runners to make a profit no matter which particular participant actually succeeds and wins.
How Does Dutch Betting Work?
The primary purpose of Dutch betting is to gain an overall advantage over the bookmaker by hedging their bets. Specifically, this type of betting allows bettors to lower their risk when backing outcomes on sports, as well as other forms of betting, such as horse racing, greyhounds, and other markets.
Bettors can also use Dutch betting to take advantage of the changing odds in a race or event. By betting on multiple runners in a race, bettors can be guaranteed to make a profit, no matter which runner actually wins the race.
The following is an example of a Dutch bet: Let’s say a bettor wants to place a £10 bet on one of three horses in the race. The bettor could place a £2.50 on each of the horses, making it a Dutch bet, and then hedge his/her bet by ensuring a profit in the end. If one of the horses wins the race, the bettor would make a £7.50 profit, while if two of the horses win, the bettor would gain a £2.50 profit.
In another example, let’s say a bettor wants to place a £10 bet on a team playing in the football match. The bettor could split the bet into four pieces: £2.50 each on the away team winning, the home team winning, a draw, and either team winning. That way, no matter the outcome – the home team, the away team, or a draw – the bettor will make a profit in the end.
Advantages of Dutch Betting
- It allows bettors to lower their risk and reduce their overall betting losses.
- It can help bettors take advantage of changing odds in the race or event.
- It can help bettors to make a profit regardless of the outcome of the race or event.
- It is a viable strategy that can be used in all types of sports, horse racing, and other forms of betting.
Disadvantages of Dutch Betting
- Potential for Losses: Even though Dutch betting can help to lower your risk, there is still the potential for losses. This is because the bettor’s original stake will still have to be paid out to the winners.
- Must Calculate Odds: Dutch betting involves calculating the odds of multiple runners and ensuring a profit in the end. This can be a difficult task if the odds are changing rapidly.
- Require Higher Bankroll: Dutch betting is best used in the long-term and requires a larger bankroll to be successful.
Dutch betting is a great way to reduce betting risk and take advantage of changing odds in a race or event. It can be a viable strategy, as long as the bettor has the knowledge, skill, and funds to calculate the odds and make the necessary bets. However, it can also be a risky endeavor and bettors should use caution when attempting to employ the Dutch betting method.