If you are like the many horse racing punters who trawl the horse racing fixtures hoping to look for winners, you would probably find one where there seems to be several potential winners in a race. This situation can be frustrating when you bet on two of the potential winners only for the only one which you did not bet on to win it. To overcome this issue in selecting winners in horse racing fixtures, you need to know the concept of dutching.
This concept is the act of putting a wager on more than one horse in a race, adjusting the betting amount based on the given odds so that you will still make a profit no matter which of the potential horse wins.
For dutching to work in your favour, you need to get the correct odds for the horse racing fixtures. Putting your bet on two potential winners with low odds will not make you a profit. As an illustration, take for example you have two potential horses that you think can win the next race and the odds are 4-5 and 6-5 respectively.
Well, it will take a significant investment to make it out and the reward may not be that appealing as compared to the risk of a loss. This is the risk of betting on horse racing fixtures where there is no such thing as a guaranteed win. The only sure thing about horse racing fixtures is that the race track management will get their cut no matter who is the winner. The track management gets their cut of the management fees before the money is given out to the winners.
In the above illustration, let`s take it that you place an $18 bet on the first horse at 4-5 odds and $20 on the second horse at 6-5 odds. If the first horse wins, you get a profit of $38 while you stand to make $37.30 if the second horse is the winner. Since you investment is $38, you will break even if the first one comes out as the winner and make a small loss on your investment if the second horse is the winner.
Therefore, to achieve a situation where you make a profit no matter with horse wins, you need to place your bet on horses with higher odds. If the same two horses have 2-1 and 5-2 odds respectively, then your bet becomes more profitable. Based on a $2 bet, the first horse will return $6 and the second $7 so even a flat bet will make you a profit.
The only problem about using dutching in horse racing fixtures is that one of your selections must be a winner in the race. It is often difficult to choose winners in horse racing fixtures so you need to be really good with your selection for the concept to work. People to use dutching in horse racing fixtures are those that cannot decide on just one race and are often overwhelm by a sense of insecurity. It is also the main downfall of people who lose heavily in horse racing fixtures.
