What is a Dutching bet?

A guide to different bet types

Have you ever thought to yourself ‘What is a Dutching bet?’ but not been certain how it works? Have a read of our explanation below.

Have you ever been at a restaurant and ‘gone Dutch’ on the bill – splitting it X amount of ways so that all people pay the same amount? A Dutching bet is a similar theory, where the returns from X amount of selections is the same.

Maths is applied to split your stake, £10 will be used in our example, in such a way that the returns of your bet will be the same, no matter which of your selections win. This is most common in Horse Racing where you may like two horses equally but do not want to put a full stake on both. It is important to note that if both selections lose then you lose both stakes as Dutching is, at its simplest, two or more Single bets.

Dutching bet examples
If you’ve read our Odds Conversion Guide, you’ll know that we like looking at the method behind the numbers. This example is no different.

There are two steps to a Dutching bet – working out the probabilities and then the stakes of each bet. Our examples will be a £10 stake with two selections and a £10 stake with three selections.

Two selections
Kauto Star at 5/1
Sprinter Sacre at 10/1

Step One – Probability
5/1 probability calculated as (1 / (5/1 + 1)) * 100 = 16.67%
10/1 probability calculated as (1 / (10/1 + 1)) * 100 = 9.09%

Or, put simpler, 5/1 in decimal odds is 6; so 100 / 6 = 16.67

Step Two – Stake calculation
Kauto Star calculated as: (16.67 / (16.67 + 9.09)) * £10 = £6.47
Sprinter Sacre calculated as: (9.09 / (16.67 + 9.09)) * £10 = £3.53

The two numbers in the brackets (16.67 and 9.09) are derived from the probabilities.

The above calculation would result in returns of £38.82 and £38.83, dependant on which selection was to win.

Three selections
Kauto Star at 5/1
Sprinter Sacre at 10/1
Denman at 5/1

Step One – Probability
5/1 probability calculated as (1 / (5/1 + 1)) * 100 = 16.67%
5/1 probability calculated as (1 / (5/1 + 1)) * 100 = 16.67%
10/1 probability calculated as (1 / (10/1 + 1)) * 100 = 9.09%

Or, put simpler, 5/1 in decimal odds is 6; so 100 / 6 = 16.67

Step Two – Stake calculation
Kauto Star calculated as: (16.67 / (16.67 + 16.67 + 9.09)) * £10 = £3.93
Denman calculated as: (16.67 / (16.67 + 16.67 + 9.09)) * £10 = £3.93
Sprinter Sacre calculated as: (9.09 / (16.67 + 16.67 + 9.09)) * £10 = £2.14

The three numbers in the brackets (16.67s and 9.09) are derived from the probabilities.

The above calculation would result in returns of £23.57 or £23.58, no matter which selection was to win.

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