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Subject: Odds Dutching At The Races
Posted by: mirah
- [289311821] Mon, Oct 22, 2007, 21:21
The term Odds Dutching or simply Dutching was coined after a fervent horse race enthusiast named Arthur Flegenheimer who also went, for some unknown reason, with the equally puzzling moniker of Dutch Schultz. Basically, Dutching is a form of wage placing that stretches the risk of losing, by betting on more than one “runner” or horse in a race or event. The Dutching process calculates the correct winning bet on each selection so that the return is the same if any of the bets wins. For example, you are playing Entry # 1 at 5-2 and Entry # 2 at 3-1, a Dutching chart can show you that the $2 return is $7.00 and on # 2 is $8.00. A true Dutching wager would have to be an $8 bet on Entry # 1 and a $7 bet on Entry # 2; the return in both cases is $28. As a result, the profit on that $15 wager ($7 + $8) is $13 or roughly 86% of your initial investment. Dutch wins have, as a rule, lower profit margins on a race to race basis. This method, however, is very popular among bettors who are interested in making money consistently and over the long haul; rather than just one win at one race at one event. The Dutching bet offers the bettor a higher potential Win Frequency or WF.
This kind of wagering strategy can pay enough dividends when bettors successfully reduce potential winners of an event to a select few; or when information about the runners not expected to perform well does not reach the other bettors. This certainly affects the odds by making the rest of the betting field profitable. Dutching calculators that perform the intricate math behind this system are often available for free from different website in the Internet.
As of September this year, Premier Turf Club or PTC has upgraded its real-time odds Dutching system, making it easier to place wagers on your favorite runners. You can simply check off the horses you want to include in your Dutch “set,” specify the amount of your wager and set a minimum amount as your return of investment or ROI. The software or the recently upgraded odds Dutch calculator will do the rest for you. There are four different kinds of Dutch betting you can do at the PTC website, namely: win, daily double, exacta and quinella.
Daily double entails picking the winning runner in two consecutive races. In order to win, your must pick the winning horse in each of these races. Early daily double means placing wagers on races 1 and 2. Likewise, late daily double means placing wagers on the last two races of the day. Rolling daily double means having your pick of runners from any of two consecutive races. You can also have combination bets in any daily double wager. Exactas and quinella work with almost the same principle: you have to pick the first two finishing horses. Their difference lies therein: in exacta, you must specify which runner should finish first and which runner should finish second. In quinella, both runners can be interchangeable.
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