What is dutch betting?
More commonly known as ‘dutching’, this is an advanced betting technique. Dutching is often done in horse race betting, where punters cover the entire field to lock in a profit. The ability to dutch the field in horse racing is dependant on the odds being right and/or there being a sufficient incentive from the bookmakers.
Dutching is also a commonly used technique in matched betting. Whereas traditional matched betting relies on backing at a bookmaker and then laying at the exchange, dutching allows us to match bets without the need for an exchange. This can be advantageous to take advantage of good odds and get bets on to qualify for multiple bookmaker offers.
Dutching and matched betting
Dutching on its own can highlight you as an advantage bettor and on some occasions can result in your betting account being restricted. When combined with matched betting, dutch betting is a great way to qualify for offers, while minimising your qualifying losses. The aim of doing this isn’t to make a profit. Instead you can work to unlock more value from the bookmaker offers by making your qualifying losses as low as possible.
The advantages of using this combination method over matched betting alone include:
- Being able to qualify for and use more than one bookmaker offer at the same time, as well as minimising your qualifying losses.
- Being able to fulfil rollover requirements more efficiently
Here’s an example of dutching with matched betting:
There are two bookmaker free bet offers that you’re interested in doing: ComeOn’s “Bet £10 and get a £10 free bet” and MobileBet’s “Bet £10 and get a £10 free bet”. Usually, you would complete these offers separately from one another and then lay both of them off at the betting exchange. That means that you’d have to complete two separate qualifying bets and incur two qualifying losses.
However, you can use dutching to minimise or eliminate those qualifying losses by cutting out the use of a betting exchange.
Probability in bookmaker markets normally add up to at least 105%. This is possible because the extra 5% is built into the odds a bookmaker offers to ensure they make a profit. It’s known as the ‘overround’. When dutching/matched betting, you need to look for two bets where the probability of each side of the bet totals close to 100%.
By doing that, you’re effectively eliminating the overround which means that you won’t incur any qualifying losses. Which means that the value you unlock from the bookmakers’ free bet offers will be higher. You can use a dutching calculator to work out the amounts you need to place on each bet.
- Place your qualifying bet with ComeOn. A qualifying bet of £10 at odds of 3.0 on over 2.5 goals in the Liverpool v. Man U match will generate a return of £30.
- Place your qualifying bet with MobileBet. This one is a little more complicated because the odds at MobileBet are lower that the odds you took at ComeOn. Instead of betting £10, you can deposit and place a £20 bet at odds of 1.5 on under 2.5 goals in the same match. By doing this, you’ll also generate a £30 return if your bet wins.
You’ve qualified for two free bets at the same time and ensured yourself a return of £30, no matter what the outcome of the match is. All without using a betting exchange, and therefore avoiding a small loss on each qualifying offer.
Dutching is incredibly useful and often essential when taking part in Tennis offers. Retirement rules can vary from bookmaker to bookmaker and can be different again at the exchanges. Because of this traditional backing and laying with tennis can be dangerous. If there was to be a retirement it might be possible that both your back bet and lay bet lose because of the retirement rules between the bookmaker and exchange not lining up.
Dutching is a way for us to get around this problem. By backing both players at different bookmakers we are still covering all outcomes and rule out the possibility of us getting stung with a big loss. We still need to find good odds and use a dutching calculator to place our bets but this allows us to safely take part in and profit from bookmaker tennis offers.