There are three main ways in
which to structure a Dutch Bet. These are :-
- To return a set amount regardless of
who wins,
- To return a given profit regardless
of who wins, or
- To outlay a set amount regardless
of who wins.
Returning a set amount.
In this case, the bet is structured to ensure that no
matter who wins, the same amount of money is returned from
that winner. In the case of betting to return $100, then
regardless of who wins, the payout from the winner is $100.
The overall profit in this case will be $100 less what
it costs to bet on all the selections in the race. You
may have bet $80 on all the selections, so your profit
is $20 in this instance.
Profit a set amount.
In this case, the bet is structured to
ensure that no matter who wins, the bet produces a profit
of $100. You may need to bet $500 across all your selections,
in which case you will collect $600 regardless of who wins
to ensure a profit of $100. Alternatively you may bet $220
across all your selections to return $320, again for a
profit of $100.
Outlay a set amount.
In this case, the bet is structured to
ensure that you bet $100 across all your selections. The
bets are scaled according to the odds so that you will
collect
essentially
the same amount regardless of who wins, but the bets are
structured to ensure you only outlay this set amount. If
it happens that you collect $160 then your profit will
be $60.
Saver bets.
Saver bets are structured to ensure that
if the saver selection wins the event then the original
stake only is returned. These are used to safeguard the
bet while reducing the outlay and increasing the profits
if the non-saver selections win the event.
Next: The Punting Ace Dutchbook Calculator
