One of the most powerful tools in betting is dutching. It's a way of
backing two or more horses at fixed odds for an equal profit should any
of selection win.
With the advent of mobile phone technology access to these calculators
is now available on the course as well as when you are betting from
home. I have put up a very simple fixed stake dutching calculator that
can be accessed from most modern mobile phones and web browers
The main version can be seen at:
http://www.bismarckbookie.co.uk/dutchingCalculator.html
The mini version for use on mobile phones can be found at:
http://www.bismarckbookie.com/miniDutchingCalculator.html
I have done my best to ensure that the calculator is quick and easy to
use so that you can make use of it alongside the Betfair website.
For those of you interested in how to calculate your own dutch stakes
on course you can do it using a simple calculator (like those on most
phones):
- First we need to calculate the total probability of the horses we want to back
- Calculate the decimal odds for the first selection (top divided by bottom + 1) e.g. 6/4 + 1 = 2.5
- The
percentage of the book this selection takes up is 1 divided by the
decimal odds e.g 1/2.5 = 0.4 means the selection accounts for 40% of
the book.
- Store this value in your calculators memory (M+)
- Do
the same calculation for each selection and add the result to your
calculator's memory; 1 divieded by the decimal odds then press M+
- To calculate the amount to stake on each horse do the following:
- Calculate
the selections book percentage (1 divided by it's decimal odds) and
divide it by the total percentage of your selections. (Recall this from
your calculator memory using MR button) then multiply this by the
amount you want to stake e.g. 1 / 2.5 = 0.4 / 0.6 = 0.67 * 10 = 6.67
- Repeat the above for each selection you want to back
Once you get used to your calculator you should be able to do this
quite quickly. Alternatively just use the calculators mentioned above.
If the mini calculator doesn't work on your mobile,
let me know
the make and model and I will see if I can put something together you
can use. I have tested the above calculators with the IPhone and a
Nokia N95.