CalculatorsUpdated 22 Jul 20261 min read
Dutching Calculator
Enter the price for each selection and this splits your stake so the return is the same whichever one lands.
Profit +22.45 (+22.45%) on 100.00 staked. Your selections cover 81.67% of the book — under 100%, so this is an arbitrage, not a judgement call.
| Selection | Odds | Implied | Stake | Returns |
|---|---|---|---|---|
| #1 | 2.50 | 40.0% | 48.98 | 122.45 |
| #2 | 4.00 | 25.0% | 30.61 | 122.45 |
| #3 | 6.00 | 16.7% | 20.41 | 122.45 |
Dutching raises your strike rate and lowers your price at the same time. It is worth doing when you rate several outcomes above their prices — never simply because losing less often feels better.
Reading the result#
The number that decides whether dutching is worth doing is the combined implied probability, not the profit figure. Under 100% and you have an arbitrage — the return beats the stake with no opinion required. Over 100%, which is nearly always, the excess is the bookmaker's margin, and you are paying it on every outcome you cover.
That is the honest trade. Backing three selections in a race instead of one means winning far more often and winning less each time. It is worth doing when all three are priced above what you think they are worth — and it is a way to lose money slowly when the real motive is that losing feels bad.
Where this fits#
Dutching is a staking shape, not an edge. Find the value first, size it with Kelly or a flat plan, and use this to spread it once you have decided the bet is worth making.
Read the full method in the dutching guide, or compare it with arbitrage, where the same split comes with a guarantee.
Related
- Dutching: Backing Several Outcomes at Once
- Arbitrage Betting: Real, Legal, and Mostly Not Worth It
- What Is Value Betting? A Plain-English Guide
- Expected Value in Betting: The Number That Decides Everything
- Staking Plans Compared: Flat, Kelly and the Progressions That Ruin You
- Arbitrage Calculator — Stake Split and Guaranteed Return
- Expected Value Calculator — Is Your Bet +EV?
- Fair Odds Calculator — Remove the Bookmaker Margin from Any 1X2 Book
- Kelly Criterion Calculator — Optimal Bet Size From Your Edge
Frequently asked questions
How do you calculate dutching stakes?
Stake each selection in proportion to its implied probability. The return is the same on every leg: total stake ÷ the sum of 1 ÷ odds. So a selection at 2.50 in a set summing to 1.05 takes (100 ÷ 1.05) ÷ 2.50 of a 100 stake.
What is the difference between dutching and arbitrage?
The arithmetic is identical — both split a stake so every outcome returns the same. The difference is whether the implied probabilities sum below 100%. Under 100% it is an arbitrage and the profit is guaranteed; over 100% it is dutching and you are paying margin for the extra coverage.
Does dutching guarantee a profit?
No. Inside one bookmaker's book the outcomes always sum above 100%, so covering all of them is a guaranteed loss. Dutching only wins when you rate the selections you back above their prices — it spreads an edge, it does not create one.
Is dutching better than a single bet?
It raises your strike rate and lowers your effective price at the same time. That is a fair trade when several outcomes are genuinely underpriced, and a bad one when you are buying comfort — the more outcomes you cover, the more margin you pay.