So What Is Dutching?
Dutch betting originated as a betting approach in the 1920s by a mobster, also named Arthur Flegenheimer, who used his accountancy skills to devise a strategy against bookmakers.
Flegenheimer, a name of Dutch origins, was the accountant of Al Capone, and took the ruse of having a full bank roll to the races and introducing the punter to the game of betting on many horses, but only backing one.
Over time, and with the strategy’s growing popularity, it became known as Dutch betting. An example of a Dutch bet is to back seven horses in a football game, with all seven of those gambled as if each individual bet were a separate transaction.
Not only is it all about the theory, but Dutching does take a lot of organization to successfully engage in.
Who’s Using dutch betting sites?
Dutching, when applied to horse racing, can be a great way to make some extra money. Even though the “most money” is usually horse racing, and the vast majority of bookmakers are on to it, some players still adopt the strategy.
Dutching Horse Racing.
How Does Dutching Work?
If you’re talking about Horse Racing, especially in Las Vegas, odds are, everyone at the race track is using Dutching. They’re all investing a relatively small sum on a potential small sum to achieve a larger win.
In our example above, there would be 4 key bets (red arrows). However, just because 4 bets has been placed, it does not mean everyone is covered that same amount.
Remember, for example, at the filly, horses first race, we have 5 bets placed, but only 4 covered. But the analogy is only as a simple example.
Many People are Using Dutching in Hockey.
Dutching is very common in sports such as NFL, NHL, NBA, but especially in Horse Racing, and Football. Some may argue that this may not be the best way to bet, but I’m just going to explain it.
American Football has long passed the point where the spread, and what a team is likely to do, has been a key principle for many sports bettors. But when it comes to betting on the NFL games, the Vegas SuperBook offers less value on teams and the odds of a spread than what the sports betting public expects.
So What Is Dutching?