Dutch betting calculator app
The definition of a Dutch bet is a series of punts that returns a profit if the sum of the reciprocals of the decimal odds of each selection is less than one and each selection is less than one and each bet is sized such that the payout in each outcome is the same. If that last bit confused you, do not feel alone. We wrote it and we do not know what it means. The mathematical formulas are not complex, but as simple punters, we require zero formulas.
You do have to enter the odds in decimal format, something the Australian bookmakers use universally, plus the amount you would like to stake. Our Dutch Betting Calculator will do the maths for you, up to 10 runners.
Yes, important races often have more than 10 horses, but as you probably know, it is often the case that in a horse race, there could be several you would not look at for any price. Eliminating the stone motherless before filling out a bet slip, and then combining the homework with Dutch betting, is a good path. Easy maths, remember? In this example, we will use the Dutch Betting Calculator to determine what size bet should be placed on each runner.
The potential profit and return if any of the selections win will be roughly the same, although there could be a difference of a few pence. No matter whether you prefer to see odds in fractional or decimal odds, the tool allows you to change the settings so you can see the odds type of your choice.
The concept operates on the straightforward notion that you simply multiply a stake by the decimal shown and the outcome will be your total winnings. While the use of decimals may seem very simple in that respect, it is worth bearing in mind that the concept offers up one fundamental difference in comparison to the use of fractional odds. When it comes to decimal odds, your stake is always factored into the return that you calculate but this is not the case when following the fraction method.
As such, the fraction allows you to work out your winnings, but you will also need to factor in that your stake will also be returned to you as well. Keep up to date with all our latest news on our social media channels. Timeform is a sports data and content provider. We collect, analyse and package data for a broad range of customers.
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