Dutching is an alternative way to make money at horse racing and it can pay big dividends to punters who know how to use the strategy correctly.

Often find a horserace where there are several horses that seem like the logical choice to win. That can be frustrating when one of them does go on to win and you have bet on the other of the two choices. Dutching, the practice of wagering on more than one horse and adjusting the bet, based on the odds, so that it will still make a profit, is one possibility to over come this gambling problem

Placing bets on several runners can ease the pain of these surprise results and ensure more consistent profits.

A Dutching calculator is a very powerful betting device and is reputedly named after Al Capone's accountant who used this to great effect when backing horses. This calculator for dutching tells you how much to stake on each selection to ensure an equal profit no matter which one wins.

Usually typical good horse races for dutching are handicaps with between 10 and 16 runners with a favourite at 5-2 or greater. Remember, the skill is to delete the horses that can't win and identify the value bets from the remaining horses.

Remember that the betting returns are consistent but small, so leaving out the favourite in every race will give you a regular 1 in 5 guaranteed loss. So try to include the fav provided that the prices not to short. I usually find if the favourite won last time out especially if it has won a few on the trot then you can safely omit it.

Example of Dutching
Lets presume you fell that two horses have an extremely good chance at winning, but can't decide which one to bet on. Instead of picking one, we can Dutch the horses. The first step is to note the prices. In this case;

Horse A is 2/1
Horse B is 4/1

Next, you must decide how much you are willing to risk IN TOTAL for the bet. In this case, we shall assume that the total amount you are willing to risk is 100.

The last step is to split up the stake between the two horses and place 62.50 on Horse A and 37.50 on horse B - Therefore the total cost of the bet is 100.

The outcome?

If horse A wins you gain 125 but lose 37.50 staked on Horse B.Total profit should horse A win 87.50

If Horse B wins you gain 150 but lose the 62.50 staked on horse A. Total profit should horse B win 87.50

So as you can see, it does not make differences which of your horse's wins as you gain 87.50 either way. At this point I should note that the above maths do not have to be worked out manually. Simply type `dutching calculator` into a search engine and you'll find a calculator that will work out the stakes for you.