Dutching calculator
Back 2–6 selections in the same market with American odds and a total stake. We size each stake so your profit is identical whichever selection wins.
Enter a positive total stake and valid American odds for at least two selections.
- Total stake
- —
- Return per winner
- —
- Profit per winner
- —
- ROI
- —
How dutching works
Dutching spreads a single stake across several selections in the same market so that, whichever of them wins, your return is the same. The trick is in the split: each selection’s stake is proportional to its implied probability, so the shorter the price, the bigger its share. Add those returns up and they all land on one number.
Whether that number is a profit depends on the prices. If the combined implied probability of the selections you back is below 100%, you bank a guaranteed profit on any of them; if it is above 100%, you are paying a margin to cover more outcomes. To check the implied probability of each price, use the odds converter, and compare dutching against covering two books in the arbitrage calculator.
Frequently asked questions
- What is dutching?
- Dutching means backing two or more selections in the same market and splitting your stake so you collect the same profit no matter which of them wins. It is the multi-runner version of an even-money bet: instead of picking one horse or team, you cover several and lock in an identical return on each.
- How are the stakes split between selections?
- Each selection gets a share of the total stake equal to its implied probability divided by the combined implied probability: stake_i = total stake × (1 ÷ decimal_i) ÷ the sum of all (1 ÷ decimal). Shorter prices get more of the stake, which is what equalises the payout.
- Does dutching guarantee a profit?
- Not by itself. Dutching equalises your return across the selections you back, but you only profit overall if the combined implied probability of those selections is below 100%. If a selection you did not back wins, you lose your whole stake — so dutching is a staking method, not an edge.
- How is dutching different from arbitrage?
- Dutching backs several outcomes in one market at one book to equalise profit; arbitrage covers every side of a market across different books so the prices themselves guarantee profit. Use the arbitrage calculator when you are shopping two books against each other, and dutching when you are spreading one stake across several runners.
For informational purposes only. Not betting or financial advice. Please gamble responsibly. 21+ where applicable.