A crucial tactic for those who place matched bets is dutching. It’s worth learning the ropes because the technique occasionally proves to be really useful.
I’ll define dutching and demonstrate the various situations in which it can help you maximize your matched betting profits in this article.
What does Dutch mean in betting?
Using the betting practise known as “dutching,” bets are placed on every selection in a market, guaranteeing the same payout regardless of the result.
It is similar to conventional matched betting, but there are no lay bets involved. Instead, you place back bets on each option, typically at various bookmakers.
The American gangster Dutch Schultz, a numbers racketeer in the early 1930s, is where the term “dutching” first appeared. In order to quickly manipulate the chances at the racetrack, Schultz sought out the assistance of a math prodigy accountant. The winning racket numbers were under Schultz’s control, and he amassed a multimillion-dollar fortune.
Dutching is really one more variation on matched betting. After making your initial wager, you cover the other outcomes on the same market with a different bookmaker.
Depending on the odds, you must stake a different amount on each selection for you to make an equal profit or loss regardless of the result.
A Dutching Calculator I developed will handle the math for you. You can use the calculator to determine how much to wager on each choice after entering your initial investment and odds.
Consider the possibility that you saw the following deal at “Bookmaker 1”:
You check the odds and discover that Rafael Nadal is offered by Bookmaker 1 at odds of 1.50 (1/2) to win the Final. Novak Djokovic is available at a different bookmaker (let’s call them “Bookmaker 2”) for 2.50 (6/4).
You then use Bookmaker 1 to place your £10 minimum qualifying wager on Rafael Nadal.
The Dutching Calculator can help you determine how much to wager on Novak Djokovic at Bookmaker 2 at this point.
You enter your starting amount, the odds for both bookmakers, the “First Selection” target, and the “Standard Bet” bet type.
As you can see, the calculator instructs you to wager £6.00 at Bookmaker 2 on Novak Djokovic.
Let’s examine your possible overall profit or loss for each result:
In order to qualify for your £10 free bet, you will incur a tiny loss of £1 regardless of the outcome. You’ve successfully dutched your first bets, congrats!
At this point, it’s important to note that dutching isn’t just used in games with only two possible outcomes. For instance, dutching can be used to cover each participant in a horse race or each of the three possible outcomes of a football game (home win, away win, and a draw). To add additional selections, use the calculator’s “+ Add Bet” option.
When is the ideal time to dutch?
Although there is always the possibility of dutching, it is typically simpler and less expensive to place your bets via a betting exchange.
Let’s take a look at several situations where dutching makes excellent sense right away.
Dutching as opposed to laying
It’s just not always possible to place bets on a betting exchange. Dutching can be the ideal solution in these situations, making it a useful trick to have ready for when the right offer presents itself.
Let’s look at a few real-world examples:
- Tennis retirement guidelines
In the world of matched betting, tennis promotions are quite well-liked, particularly during the Grand Slam competitions. Since each of the four Grand Slam competitions lasts two weeks, there are many opportunities for you to make money by watching hundreds of matches. But there’s a problem.
Any tennis offer should be evaluated first to see if the bookmaker’s retirement policies line up with those of the betting exchange. The bets you’ll be matching up against each other won’t be like-for-like if their regulations vary, opening you up to a sizable potential loss.
- There is no lay market
Offers that highlight niche markets or lesser-known sports are common. You’ll discover that there aren’t always acceptable lay markets at the exchanges, which is where dutching comes in handy. Dutch your bets and still benefit from the promotion if other bookies are offering the same market on the same sport. Check out the following Midnite esports promotion:
You can receive a £10 free bet from Midnite if you wager £10 on any Dragons market. Dragons markets are not covered by betting exchanges, but esports are luckily covered by certain other bookies.
- Offshore matched betting
Unfortunately, not everyone in the world can use betting exchanges’ services. Both Betfair and Smarkets feature a list of restricted nations. You won’t be allowed to register or put any lay bets if your nation of residency is on the list.
However, there is still hope because dutching can give you some relief. Assume you can locate other bookmakers that offer coverage of the same markets and events. If so, you should be able to dutch your bets and benefit from any bookmaker promotions you come across.
The most common type of dutching, which involves dutching for profit, is arbitrage dutching. Bookmakers may have an opportunity to turn a rapid profit if they set their odds excessively high in comparison to the rest of the market. These opportunities are referred to as “arbs.”
Taking arbs can bring unwelcome attention to your account, regardless of whether you’re laying them off at an exchange or dutching them at another bookmaker. As a result, you shouldn’t ever take an arb on any of your profitable accounts because the risk isn’t worth it.
Although you won’t likely employ arbitrage dutching frequently, it can be very effective at getting the most value out of any gubbed accounts you may have. Any bookmaker that doesn’t often conduct promos must follow the same rules.
Dutching is perhaps more useful now than it has ever been for matched betting offerings. Dutching will help you gain access to opportunities that would not otherwise be available to you as bookies continue to refine their promotions and target new audiences.
Getting some extra value out of your gubbed accounts that are otherwise doing nothing is also rather pleasant.
Try dutching the next time an opportunity presents itself to start increasing your profits!
Dutching Matched Betting FAQs
- What does “Dutching” mean?
The betting strategy known as “dutching” involves placing bets on each option in a market, ensuring a fixed payout regardless of the outcome.
- What’s unique about Dutching Matched Betting?
There aren’t any lay bets present. Instead, you put back bets at several bookmakers, typically, on each option.
- What’s the Dutching procedure?
Dutching is actually just another matched betting option. After placing your initial wager, you use a different bookmaker to cover the other outcomes on the same market. To achieve an equal profit or loss regardless of the outcome, you must stake a different amount on each selection depending on the chances.
- When is it ideal to indulge in Dutching?
Although dutching is always a possibility, betting through a betting exchange is often easier and less expensive.