Dutching Calculator
Back more than one outcome in the same market and split your stake so whichever wins, you are paid the same. Enter your total stake and each price to see the stake on each, the payout, the profit and the book the odds add up to.
Published
What dutching is
Dutching means backing several outcomes of one event, each with its own stake, sized so that any winner pays the same amount. Bettors use it on futures, to cover two or three teams they rate at the odds on offer, and on scorer markets, to back a few players instead of one.
When dutching pays, and when it cannot
Dutching does not create value. It combines prices into one: backing three selections is the same as a single bet that one of the three wins, at the combined odds the calculator shows. It is worth doing only when that combined price is better than the real chance of one of them winning, so take each selection at the best price you can find.
The book tells you the rest. Add up the chances your prices imply: at 100% or more, a winner cannot return your total stake. That is what happens when you dutch every outcome at one sportsbook, because every market carries its margin. Every outcome at prices that add up to less than 100% is an arbitrage instead, and the arbitrage calculator splits that.
The formula
book = 1/D₁ + 1/D₂ + … + 1/Dₙ
stakeᵢ = total × (1/Dᵢ) ÷ book
return = total ÷ book profit = return − total
Worked example
$100 across three teams in a futures market at +300, +400 and +500. Those odds imply 25%, 20% and 16.67%, a book of 61.67%. Stake $40.54, $32.43 and $27.03: whichever team wins pays $162.16, a $62.16 profit, the same as one bet at -161. If none of them wins, the $100 is lost. Rounded to the cent, the three payouts differ by a few cents.
Start every selection from the best price
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FAQ
How do you calculate dutching stakes?
Turn each price into its return per $1 (+300 returns $4: 1 + 300 ÷ 100), divide one by each and add them up: that is the book. Each stake is your total × (1 ÷ its return per $1) ÷ the book. With $100 on +300, +400 and +500 the stakes are $40.54, $32.43 and $27.03, and any winner pays $162.16.
Is dutching profitable?
Only as profitable as the odds. Dutching turns several prices into one combined price, and it makes money over time only if that price is better than the real chance of one of your bets winning. It removes the risk of backing the wrong one of them, not the risk of all of them losing.
What is the difference between dutching and arbitrage?
Dutching backs some of the outcomes in a market, so you lose the lot if none of them wins. An arbitrage backs every outcome, across sportsbooks, at prices that add up to less than 100%, so one of them has to win. The arbitrage calculator does that split for two outcomes.
What happens if one of the bets is voided?
Most sportsbooks refund a voided bet — a player who does not take part, say — and the bets left no longer pay the same amount. Check your sportsbook’s rules and recalculate with the bets that remain.