A Dutch Bet is nothing more than betting on a number of outcomes to achieve a certain payout or profit, technically known as Proportional Betting.

Punters would place a Dutch Bet because they did not have an opportunity to bet a horse to lose so rather they would bet on a group of horses to win. Of course betting exchanges now allow all of us to place lay bets.

The big difference between a Dutch Bet and a Lay Bet is that there is no liability in a Dutch Bet other than the bet itself.

For example you could bet a total of £50 on a group of horses to win with a guaranteed profit of £100. Your risk is that if none of the horses win you will lose the £50.

In a Lay Bet say you bet £10 on a horse to lose with odds of 10 to 1. If the horse loses you profit the £10, however if the horse wins you lose £100.

There are many Dutch Bet calculators out there that you can download for free, just do a search.

So why place a Dutch Bet?

If you can eliminate all of the non-contenders and then bet the remaining horses you would always profit. Therefore the weakness or flaw in the plan always comes down to eliminating the non-contenders. All you have to do is look at todays racing results and you will see a number of long shot winners.

Another interesting angle is to Dutch Bet horses on different exchanges or with different bookies. The idea here is to find the best odds among your many options out there. If you play this game your dutch calculator should be the best you can find, which usually means you would purchase it. It should be able to handle different commission rates for each horse. You are not only Dutch Betting but you are also practicing Value Betting.

As with any type of betting, there are no guarantees out there you will always profit by placing Dutch Bets.