Our dutching calculator was created by Chat GPT, it's simple and quick.
Just enter your total stake and then enter the odds of your selections separated by commas and press the button.
Dutching is the art of betting multiple selections in an event with varied stakes such that if any of your selections wins you make the same profit and that's what our calculator calculates.
If the dutching calculator shows a negative profit then you have included too much of the market in your bet and it's not possible to include them all and make a profit.
More About Dutching
Dutching is a betting strategy that involves placing bets on multiple outcomes of an event to ensure a profit, regardless of the outcome. It has been used in various forms since the early 20th century, and has become particularly popular in horse racing.
The term "dutching" comes from Al Capone's accountant, Arthur Flegenheimer, aka Dutch Schultz, who used the strategy to great effect in the early 20th century.
In the early days of horse racing, bookmakers would typically offer odds on each horse in a race based on their perceived chances of winning. The odds would be adjusted based on the amount of money bet on each horse, in order to ensure that the bookmaker made a profit regardless of the outcome.
However, savvy gamblers soon realized that they could use mathematical principles to guarantee a profit regardless of the outcome of the race. By placing bets on multiple horses in a race, and adjusting the size of their bets based on the odds offered by the bookmaker, they could ensure a profit regardless of which horse won.
The basic principle behind dutching is simple: by spreading your bets across multiple outcomes, you reduce your risk of losing on a single race.
One of the main benefits of dutching is that it allows you to bet on multiple horses in a race without significantly increasing your overall stake. By carefully calculating the size of your bets based on the odds offered by the bookmaker, you can ensure that you will make a profit regardless of which of your selections wins.
Another benefit of dutching is that it allows you to take advantage of bookmaker errors in pricing. Bookmakers are not infallible, and sometimes they may offer odds that are too high or too low on certain horses. By using dutching, you can exploit these errors and ensure a profit regardless of the outcome.
However, there are also some potential drawbacks to dutching. One of the main issues is that it can be difficult to calculate the optimal size of your bets, particularly if the odds offered by the bookmaker are constantly changing. This requires a good understanding of mathematics and an ability to make quick calculations in your head.
Another potential issue is that dutching requires you to place bets on multiple horses, which can be time-consuming and increase the risk of making mistakes. This is particularly true if you are betting on a large number of horses in a race.
Despite these potential drawbacks, dutching remains a popular and effective betting strategy for horse racing enthusiasts. With the right approach and a good understanding of the principles involved, it can be a great way to increase your chances of making a profit and enjoy the excitement of horse racing at the same time.