Dutching Calculator
Distribute stakes across selections in a market for an identical return on any winner.
How to Use This Calculator
- Input your total stake amount
- Input the odds for each selection you intend to dutch
- Append further selections as needed (up to 10)
- The tool returns the optimal stake per selection that equalizes returns
- Review the profit and ROI generated by your dutching setup
Formula
Individual Stake = Total Stake × (1 / Odds_i) / Sum of (1 / Odds_j)
Equal Return = Total Stake / Sum of (1 / Odds_j)
Profit = Equal Return - Total Stake
ROI = (Profit / Total Stake) × 100%
Frequently Asked Questions
What does dutching mean in betting?
Dutching is a strategy in which you back several selections within the same event using stakes sized so that your return is identical no matter which selection wins. The name traces back to Dutch Schultz, who popularized the technique.
How does dutching differ from arbitrage?
Dutching backs multiple selections at the same bookmaker within one market (for example, two horses in a race). Arbitrage backs every outcome spread across different bookmakers. Dutching offers no guaranteed profit — the result hinges on the odds being favorable.
When is dutching the right play?
Dutching works well when you rate several selections as live contenders but can’t pin down the winner. Rather than committing to one, you back multiple and collect a return if any of them comes in.
Is dutching capable of turning a profit?
Yes. When the combined implied probability of your selections falls below 100% (that is, the dutching book is under 100%), you profit regardless of which selection wins. The lower that combined percentage, the larger the profit.