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Dutching Calculator

Split your total stake across 2–10 selections so any winner returns the same profit. Same math sharps use to convert tipster shortlists into a single, equal-return bet.

Combined amount across all selections.
2 to 10 — each gets a row below.
Total implied prob
Combined return per win
Profit per win
ROI on stake

What is dutching?

Dutching is splitting a total stake across two or more selections so that whichever one wins, the return is identical. Instead of picking one selection at full stake, you back several at calculated stakes that produce the same payout regardless of which wins. Conceptually it's a single bet on the combined probability — the variance is reduced and the price gets clearer.

The dutching formula

stake_i = total_stake × (1 / odds_i) / Σ(1 / odds_j) return_per_win = stake_i × odds_i (same for every i if dutched correctly) combined_implied_prob = Σ(1 / odds_i) roi_per_winner = (return_per_win / total_stake) − 1

The key number is the combined implied probability. If it's below 100%, the dutch is profitable on every winner; above 100% means you're paying vig (or you're trying to dutch too many outcomes in one market).

When dutching makes sense

When dutching is a trap

Dutching vs Kelly

Kelly tells you how much to stake on a single +EV bet. Dutching tells you how to split a fixed stake across multiple +EV options. They're complementary: use Kelly to choose your total stake size, then dutch within that stake if you have multiple +EV selections. Kelly calculator here.

Worked example: 3-way tournament outright

You like 3 players to win an ATP 500 outright, priced at 5.00, 7.50 and 9.00 respectively at a sharp book. Total stake: 100u.

SelectionOddsImplied %StakeReturn if wins
Player A5.0020.00%43.95u219.78u
Player B7.5013.33%29.30u219.75u
Player C9.0011.11%24.42u219.75u
Total44.44%97.67u219.76u

Combined implied probability is 44.44% — well below 100%, so the dutch is profitable on every winner. Each winner returns ~219.76u from 100u staked = +119.7% ROI. Of course one of those 3 has to win for the bet to cash; the remaining 55.56% of outcomes (one of the other 7 players) loses everything.

Related tools

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FAQ

What is dutching in betting?

Splitting a total stake across two or more selections so any winner returns the same profit. The split is calculated proportionally to each selection's implied probability.

How do I know when dutching is profitable?

Sum the implied probabilities (1/odds) of all your selections. If the total is below 100%, the dutch is +EV on every winner. If above 100%, you're paying vig and losing money long-term.

Is dutching the same as arbitrage?

No. Arbitrage requires multiple bookmakers offering opposing prices that combine below 100%. Dutching uses one bookmaker but spreads stake across two or more selections within a single market.

Can I dutch more than 3 selections?

Yes — this calculator supports up to 10. The math is identical: each selection's stake is proportional to its implied probability divided by the total implied. Practically, dutching more than 4-5 selections rarely produces a profitable combined implied unless you're at a very sharp market.

Does Betfair commission affect dutching?

Yes. Exchange commission (typically 2-5% on net winnings) reduces your effective ROI. Add an extra 2-3% margin to your combined implied threshold to account for commission before deciding the dutch is worth taking.