Bet on More Than One Outcome With The "Dutching" StrategyPublished on December 28th, 2016 2:57 am EST
Let's say that the World Cup is starting up and you can't decide on who you think will win.
You are almost 100% sure that either Germany or Spain will win, though you can't choose between the two of them. You are reasonably certain, however, that one of the two teams will win.
Or, let's say that you believe that either Sergio Aguero or Zlatan Ibrahimovic will win the goal scoring crown in the English Premier League in any given season, but you just don't know which one to choose.
With "dutching", you can choose both.
"Dutching" is when bet on more than one possibility to take place. With dutching, you are divvying up your total bet amount so that regardless of which one of your picks wins, you win the same amount of money in profit.
Let's look at an example to illustrate the "dutching" method.
Let's say that you firmly believe that one of Harry Kane, Sergio Aguera or Zlatan Ibrahomivic is going to win the English Premier League goal scoring title.
The odds for each of them to win the scoring title might look like this:
Sergio Aguero, 3.00
Zlatan Ibrahimovic, 4.00
Harry Kane, 4.50
You don't know exactly which of these three men will win the scoring title, but you are virtually certain that one of them will.
By using the "dutching" technique, you can guarantee yourself a $24.14 profit on a $100 wager if one of the three men wins the goal scoring crown.
Here is how the wagers would look:
$41.38 bet on Aguero at 3.00 to win $124.14
$31.03 bet on Ibrahimovic at 4.00 to win $124.14
$27.59 bet on Kane at 4.50 to win $124.14
As you can see, in all three cases, you win the same amount of money. By betting less on the players with the longer odds of winning, you receive the same amount of money regardless of who wins.
This is the "dutching" way of betting on sports.
The benefit is that you can bet on more than one outcome and make money if one of them ends up hitting.
The downside, of course, is that you will potentially make more profit if you bet on a single outcome and won.