Master dutching to cover multiple outcomes in the same event. Learn optimal stake distribution and when dutching offers strategic advantages.
Dutching is a betting strategy where you back multiple outcomes in the same event, distributing your stake to guarantee the same profit regardless of which selection wins. Named after 1920s gangster Dutch Schultz, it's commonly used in horse racing but applies to any market with multiple outcomes. Dutching is different from arbitrage (which uses different books) - it's a single-book strategy to manage risk across multiple selections you believe have value.