Today we enter the alternate realm of matched betting, going Dutch!
Don’t worry, I won’t be asking my followers to change their nationality, or move country. Dutching is a betting system used to cover several contenders in an event, making sure each and every one of those bets guarantees the same profit, while eliminating major underdogs. This ensures the same profit regardless of which bet wins, obviously provided one of the backed contenders do win the event.
Dutching can be very useful when matched betting, as it enables us to take betting exchanges out of the question, which can be a god-send if you have limited liabilities.
Dutching is still risk free, as I will explain.
When Backing and Laying (a typical matched bet) you cover all outcomes by betting for Team A, then placing a lay on Team A. If team A wins, money goes into the bookmaker, if Team A Loses, you win into the exchange. We take this philosophy and tweak it ever so slightly.
As we are only using bookmakers, we can’t place LAY bets with them. Instead, we cover all outcomes, Team A, DRAW, Team B.
We would require three individual bookmakers and would be placing a bet with each one.
Regardless of the result, the bet would win into one of the bookies as we have covered absolutely every outcome.
Why should I go Dutch?
There are many reasons to start dutching:
– You can sign up to multiple bookmakers and complete the qualifying bets in one go, essentially earning 3 free bets with minimal qualifying losses.
– You can use Dutching to mug bet, meaning you are placing multiple mug bets. This is a lot faster, and can be more effective as you aren’t taking any value against the betting exchanges.
– Saves money – It minimises qualifying losses, as you can compare and get the very best odds from each bookmaker.
– You don’t need thousands in Betting Exchanges. When you are Dutching you are only backing bets, so you don’t need lots of money to do this. When backing £100 at odds of 19 you would only need £100 to place that back bet, whereas if you were on Smarkets or Betfair you would need almost £2000 to cover the liabilities if that bet loses!
– Huge Potential – The more money you put through bookmakers, the more chance you have of getting into the prestigious VIP clubs. These contain special offers for the big-time betters, but you have great chance of getting into this when putting lots of money through the bookmakers.
The only issue with Dutching is that you are always going to win into the bookmaker, this isn’t really a problem but I like to lose into Smarkets as it gives me satisfaction that the bookmakers are happy they’re taking my hard-earned money!
I Dutch as well as back and lay, they go hand in hand and both have their advantages!