Described below is a method that professional gamblers use to ensure a return from a number of bets. It can be used to eliminate risk or reduce the risk, and is known as ‘hedging your bets’. This is not gambling, it’s a calculated risk, gambling in it’s pure form will involve risks and you should never bet if you can’t afford to lose your stake.
Dutching is simply backing all possible outcomes of a bet with differing amounts of money in order to guarantee a small profit, generally between 1 and 10%.
In order to do this you first need to find the odds that result in this profit. Note not every event will result in a dutch and finding them isn’t easy but with time the odds become recognisable.
A simple example is backing Federer to beat Murray £10 at odds of evens (2.0) at say Paddy Power, then backing Murray to beat Federer £8 at odds of 3 to 2 on (2.5). Therefore the outcome would be:
Federer win returns £20, total bet £18, profit £2
Or Murray win returns £20, total bet £18, profit £2
Now imagine using £1000 and £800 stake, the profit becomes £200 either result.
Your only risks are differing rules on void bets, a bookie refusing to take your bet, the odds being wrongly quoted resulting in the bookmaker palping your bet or a mistake whilst placing the bet. All these can be avoided by checking T&C’s, not placing too large a bet, checking the odds are better but still in line with other bookmakers and being careful double checking your bet whilst placing it.
Link to calculator here
The above method will become much clearer after a few attempts but I would advise reading the article more than once and possibly researching further information.
Please use our links to the bookmakers and exchanges as the more you are signed up for the more chance of finding suitable bets.
Speed of finding and speed of placing your bet is crucial but you will learn where arbs and dutching occurs.
ALWAYS place your bet at the bookies first as if any leg of your bet can’t be placed you may end up paying out on one side only, therefore you are better off losing your stake than your stake times your odds as the layer of the bet.