dutch book betting calculator for football

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Dutch book betting calculator for football whec lost season of sports betting

Dutch book betting calculator for football

That includes arbitrage betting, though it is not limited to it. Backing more than one horse in a race or more than one outright winner in a tournament increases your chances of winning, without having to risk too much more. The name Dutching has nothing to do with people from the Netherlands. This meant he could control the outcome of the draw, ensuring there would be fewer winners.

Dutching is a very common strategy in horse racing. It simply means betting on multiple horses. As long as one of your bets wins, you make a profit. While winning is not guaranteed, betting on more than one horse means you have more chances to win, and one win can make up for several losses as long as the odds are high enough. In football , Dutching can also be a valid strategy.

An exception to this is, of course, arbitrage betting. However, you can easily back multiple game outcomes — even in a single match — and still make a profit, as long as you limit your selections and the odds are high enough. A common market for Dutching in football are match scores. Let us say you are confident in your teams winning, and assume there will be multiple goals. Instead of placing a single bet, you can place multiple bets on several possible scores.

As long as the odds are high enough and your bets are sufficiently large, you can make a profit as long as one of your selections wins. Another great market for Dutching is outright winners. In the beginning of the season, it can be hard to accurately predict a winner, for bookies and punters alike.

Backing multiple winners of the Champions League or Premier League is a valid betting strategy. If one of your picks is successful, it can often easily compensate for money lost on other bets. Dutched markets are markets where the odds for two outcomes are merged. Most punters are already familiar with this in the form of Double Chance betting.

Use our Dutching calculator and instantly find out your potential Dutching payouts! Calculating Dutching stakes the old-fashioned way is actually very easy. Below, we've described each step in detail, which you should find fairly straightforward and simple to follow. To make the mathematics simpler, we will use decimal odds. That gives us 5. Feel free to use our Odds Conversion Calculator to make things even easier. If these horses are all in the same race, only one can win, though you can also bet on multiple races.

While arbing is a betting strategy in its own right, some consider it a form of Dutching, or even a synonym for Dutching. Arbing or Arbitrage Betting means backing every possible outcome of an event for guaranteed profit. This usually only works if the odds are contradicting. An example would be if two different bookies had different favourites for the same event.

Simple Dutching means that you keep the same stake on each bet or reduce your stake to keep the same profit. If you have a set amount that you wish to bet, you can divide it according to our Dutching formula above. If you want to keep the same size of profit as you increase the number of bets, you will need to increase your bet size as you add more selections. If not, you cannot guarantee a profit.

In this example, we will demonstrate the difference between betting on two or three horses at the same time. While you can easily use our calculator to calculate your Dutching stakes, there is betting software out there that can do this, as well as help you find opportunities for arbing, value bets , bots, and more. Rebel Betting has software that automatically detects the highest value bets by comparing odds over various bookies. It also has the Sure Betting solution, which tracks down arbitrage opportunities.

Trademate Sports also offers software for arbing and value betting. This browser add-on will send you an automatic message every time they detect a value opportunity. Dutching is essentially backing multiple outcomes of a match, so that you make a profit if at least one of your selections wins. Examples of this are betting on multiple horses, betting on multiple possible final scores, betting on outright winners and more. Each bet you place is a single bet, separate from the others.

As long as betting is legal in your jurisdiction, placing multiple bets on the same event is also legal. Being 'gubbed' means your account is limited at a bookie. Bookies can do this for a number reasons, and it is entirely up to them. For the chemical process used in chocolate manufacture, see Dutch process chocolate.

For the practice of splitting a common bill into individual ones a "Dutch treat" , see Going Dutch. This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Sedona Editions. Retrieved The Mathematical Gazette. Categories : Sports betting.

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You do have to enter the odds in decimal format, something the Australian bookmakers use universally, plus the amount you would like to stake. Yes, important races often have more than 10 horses, but as you probably know, it is often the case that in a horse race, there could be several you would not look at for any price. Dutch betting is not a substitute for studying form when making racing selections. Eliminating the stone motherless before filling out a bet slip, and then combining the homework with Dutch betting, is a good path.

Easy maths, remember? In this example, we will use the Dutch Betting Calculator to determine what size bet should be placed on each runner. We filled in the odds for each horse remember to use decimal format , filled in the box at the bottom left of the table, selected Total Bet from the three radio button options, and then clicked Calculate.

It is a good wagering practice to approach a race with a pre-determined risk amount and in most instances, we would lean in the direction of using the Total Bet button. Still, it is quite interesting to explore the other values and how those values shift with different odds or a different number of selections.

Of course, most punters would never back five horses to win a race, but Dutch betting and the Dutch Betting Calculator is excellent for those races where there is a short favourite and another strong chance a bit longer. Dutch betting is a tactic that takes some of the uncertainty out of making racing selections.

Try plugging some figures into our Dutch Betting Calculator and explore various scenarios to take your race punting up several notches. Invalid dividend value number format for tab. Got it. Racing Articles. Advertiser Disclosure. Easy to use betting calculator to work out your bets when doing dutch.

Total Bet. One of the most potentially profitable ways of gambling as a punter can be when you make a Dutch bet, which is the name for when you back more than one selection in a single event. However, ensuring you back each selection at the right amount to ensure a profit, whichever selection wins, does require some complex mathematics.

This is precisely what the Dutching Calculator below does for you. The largest and uppermost section of the Dutching calculator allows you to enter the prices in decimal format for up to a dozen selections from any single sporting event. Once you have completed that you just need to add one more piece of information in the bottom section. In the empty white box at in the bottom section, enter your total stake that you have available to bet on this event.

Once you have entered the odds of the selections and your total stake available, the calculator will then automatically complete the calculations for you. What the calculator does is to take the odds for each selection, the number of selections made and the total stake you have available and work out how much you need to place on each selection to ensure the same level of profit regardless of which selection wins.

For example, if you were backing four selections in a horse race at decimal odds of