In US Sports Betting, the term “Dutching” means to bet on the same event on multiple bookies (For example, betting on a football game at FanDuel AND DraftKings). There are multiple reasons we would want to do this, let’s look at all of them and see how you can use them to make risk-free profit with matched betting!
Dutching is another term used for placing an “Arbitrage bet” or “arbing”. A successful arb bet occurs when the odds at different bookmakers are so different, you can bet on both sides for a guaranteed win. You can read a full article about arbing here
Here’s a sample scenario:
Let’s say the Tampa Bay Buccaneers are playing the Kansas City Chiefs.
Now let’s say FanDuel thinks the Buccaneers are the underdogs, and is giving +110 odds to the Buccaneers (meaning if you bet $100, you will get your wager back + $110)
Let’s also say Draftkings thinks the Chiefs are the underdog, and they give the same +110 odds, but to the Chiefs (meaning if you bet $100, you will get your wager back + $110)
So you paid $200 in bets ($100 each to FanDuel & DraftKings), and now 2 things could happen:
- Buccaneers win – You paid $200 in bets, and won $210 from FanDuel. $10 profit!
- Chiefs win – You paid $200 in bets, and won $210 from DraftKings. $10 profit!
Either way, you win! These opportunities can be rare, but there are plenty of paid dutching softwares out there that can find these opportunities for you, or you can download a free dutching calculator on the right sidebar.
Dutching for Promos
As we mentioned in our Complete Guide to Matched Betting, the key to matched betting success is getting a ton of free bonus bets. Dutching a single event on multiple bookies is a great way to rack up bonus bets, which you can then convert into risk-free cash! Let’s look at how you can dutch multiple bookies together to earn bonus bets.
What we’re looking for is at least 3 different promos on 3 different bookies.
FanDuel might offer a football bonus with the terms of: Bet $50 on any NFL game, if your team loses by 6, we’ll refund your bet as a bonus bet.
Then DraftKings might offer a football bonus with the terms of: Bet $50 on any NFL game, if your team is winning at half time, you win!
Then Cesar’s might offer a football bonus with the terms of: Bet $50 on any NFL game, and we’ll refund your bet as a bonus bet if your team is winning at half time, but loses.
With all these bonuses, we’re covering a lot of bases and giving ourselves an exceptional chance to come out on top.
Note: on a dutch like this, it is common that you will end with a cash loss – However, you will come out with a huge bonus bet profit, which you can then convert into a cash profit. Stay Patient!
A Simplified Dutching Example
To boil down the idea of dutching, let’s look a very simplified example. Let’s say four bookkeepers are all offering the same bonus on a New England Patriots vs New York Jets game: If your team loses by 6 points or less, we’ll refund up to $50 as a Bonus Bet.
What we would do here is take this $50 offer on four different bookies (FanDuel & DraftKings in favor of Patriots, Cesar’s & Bet365 in favor of Jets).
Let’s see what happens in each outcome.
A) Jets lose by 8+: We win our bets at FanDuel & Draftkings, then get our bets back at Cesar’s & Bet365 – our wins at FanDuel & Draftkings are pure profit.
B) Patriots lose by 8+: We win our bets at Cesar’s & Bet365, then get our bets back at FanDuel & DraftKings – our wins at Cesar’s & Bet365 are pure profit.
C) Neither team loses by 8+: We win our bets at the whichever bookie we backed the winner at (we backed both teams, so no chance for a full loss), but we don’t get any bonus bets. We probably lose $5 on the match.
So while there is a chance we don’t hit our bonuses, we cover all our bases so we are never fully striking out on the day! You will need a dutching calculator to put all of this together, such as bonusbank.com
Let’s do 1 more example of dutching to bring in a ton of promos.
Let’s look at an NFL game between the Seattle Seahawks and the LA Rams.
Now let’s say 3 different bookies are all offering promos on this game – 3 common promos are as follows:
FanDuel: Get your bet back as a bonus bet if your team loses by 6 or less ($100 max)
DraftKings: Win your bet if at any time your team goes up by 15 points (no max)
Cesar’s: Get your bet back as a bonus bet if your team is leading at the end of the third quarter, then loses. ($30 max)
From here, you simply put your odds into a dutching calculator, and bet accordingly. Here’s the bet I placed on this:
The Rams won this game by 3 points – which means:
My FanDuel bet (Get your bet back if your team loses by 6 or less) hit its promo
My DraftKings bet (Rams win) hit
My Cesar’s bet (Rams win) hit.
In the end, I lose $13.20 on the bet, but gained $100 in bonus bets, which we can turn into about $80 cash.
Let’s break down that profit:
I bet $215 across 3 bookies. (-$215)
I won two of my bets, earning the wagers back (+$115) plus winnings (+$86.80). (-215 + $115 + $86.80 = -$13.5)
Even though I lose my Fanduel bet, I won 1 bonus bet worth $100, which is equal to about $80 (check out the full guide to see how)
For a grand total of (-215 + $115 + $86.80 + $80 = $66.80)
A pretty nice profit for just placing 3 bets!
Dutching is an easy way to rack up bonus bets, but the method is useless unless you can convert your bonus bets into cash! For that, you will need a betting exchange, which are not yet widely available in the US. If online sports betting is legal in your state, then be on the lookout for a betting exchange coming soon!