Dutching Calculator — Bet Multiple Outcomes
Calculate stakes for multiple selections to guarantee equal profit regardless of which one wins. For horse racing and multi-outcome markets.
What Is Dutching?
Dutching is a strategy of backing multiple selections in a race or event, distributing your stake proportionally so you win the same profit regardless of which selection wins. It is most commonly used in horse racing (where 10+ runners create pricing inefficiencies) and golf (where 100+ players mean the total implied probability often exceeds 130-140%, but individual matchups can offer value).
When Dutching Is Profitable
Dutching is profitable when the combined implied probability of your selected outcomes is less than 100%. This happens when you pick the best odds for each selection from different sportsbooks (cross-book dutching) or when a specific market is mispriced. If the total implied probability exceeds 100%, dutching guarantees a loss — the overround is too large.
In horse racing, the favorite wins approximately 33% of the time, but the public overbets favorites. Dutching the 2nd, 3rd, and 4th favorites at the best available odds has historically been more profitable than betting the favorite alone, because the odds on these horses are more generous relative to their true probability.
