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October 26, 2006

Betting Tips - Going Dutch

Pinning your hopes on one horse, hoping for that correct footy score to come good, praying for a final touchdown to nail that NFL winning margin bet. The world of sports betting needn’t be so stressful.

Unused by many, unheard of by most, dutching can be a valuable way to consistently make a profit on all types of markets. It is a simple, yet effective, and gives you a better chance of success. You might not win as much, but you’ll certainly win more often.

In its simplest form, dutching refers to placing two or more bets on the same market and altering your stake accordingly to win exactly the same amount regardless of the outcome- providing you pick the winner of course. It really is that easy and an example is probably the best way to illustrate how you can use dutching to your advantage.

Chelsea are playing their west London rivals Fulham at Stamford Bridge and you are convinced that they will collect all three points. Fulham don’t score too often away from home and you think the most likely outcome is a low scoring win for the champions without them conceding a goal. In your view, however, the best price of 1/4 about a home win is far too short for an outright bet and you contemplate having a punt on something else.

If the correct score markets are looked at more closely however then you can uncover some much more attractive odds - by dutching. Staking £20 on the outright market on a Chelsea win would return just a £5 profit were they to oblige, but splitting your stake over two or more correct score bets could yield a much healthier dividend.

Having decided that 1-0 and 2-0 wins for Chelsea are your selections, next you must work out how much to stake on each bet. There are undoubtedly numerous dutching calculators across the web but the one here at www.oddschecker.com does the job as well as any. Enter the appropriate odds, we’ll use 11/2 and 7/1 respectively in our example, and in the click of a mouse button you will learn that you are required to stake £11.03 on 1-0 and £8.97 on 2-0 in order guarantee the same profit regardless of the score line. In this example, that figure would be £51.72 and that’s a significant increase on the £5 you might have collected had you simply backed Chelsea to win the game.

The key to long term success is to treat your total stake as one bet. For instance, if Chelsea were to have won 2-0, don’t rue the £11.03 you would have wagered, and ultimately lost, on them winning by a single goal. This attitude means you are doomed for failure and you must remember that you have still effectively backed a winner at bigger than 5/2.

It would of course been frustrating were Chelsea to have won 3-0. You had correctly identified them as the likely winners and although you had placed two bets on them, they have won and you have still lost money. Do not despair. Dutching in this example means your potential payout is big enough that you don’t need to back a winner every time to show a long term profit. Trust you judgment, after all you picked the correct team to win, and you will do okay.

A final point to consider is that is imperative to bet with the bookmaker that is offering the best odds. You wouldn’t pay £1.00 for a loaf of bread if it was available for £0.50p in the shop next door and neither should you take 8/1 with Ladbrokes about a selection that’s available at 16/1 with William Hill. I cannot stress this highly enough. Take a look at the different offers available on this website 

Always shop around for the best prices, the more online accounts you have, the better prices you can get. Dutching It isn’t necessarily the best option all the time but it can be a very smart way to bet. Do you research properly and it could also become very profitable.

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