Betting Toolkit's Dutching feature allows you to place back or lay bets on one or more selections by choosing the stakes according to specific algorithms that guarantee a predetermined outcome regardless of the odds on the book.

The available algorithms are described below.

TYPES OF DUTCHING

Available Stake

Back Bets

Once the total stake has been predetermined, the selections on which the back/lay will be placed must be activated. The program will calculate the stake to be assigned to each selection so that a win is obtained regardless of the winning selection if it is among those selected.

Clearly, if the winning selection is different from those selected, the loss will correspond to the stake.

The total gross winnings are indicated in the "P/L on this bet" column.

The total amount, including any bets already matched on the selection, is shown in the last column. This amount is gross, but you can select the "Show total P/L net of commissions" option to see the net amount displayed.

Lay Bets (Bookmarking)

If you are using a Lay bet, the amount shown will correspond to the amount won if the winning bet is not among those selected. If one of the selected bets wins, the loss will be regardless of which one wins. NB: In this case, the loss may exceed the stake, as indicated in the table.

Required Profit / Liability

Back Bets

In this case, you indicate the profit you wish to achieve (possibly the Net Profit if the corresponding option is selected), regardless of which of the selected selections wins.

Lay Bets

In this case, you must indicate the liability amount, i.e., the amount you will lose if one of the selected selections wins.

Differentiated Profit / Differentiated Liability

This case is similar to the previous one, but it is possible to differentiate the profit or liability for different selections by editing the value in the "P/L for this bet" column.

Proportional Differentiated Profit / Proportional Differentiated Liability

In this case, profits and liabilities will be proportional to the values ​​indicated in the "Proportion" column: for example, if you select two selections and enter the values ​​1 and 2 next to them and in the "Proportion" column, you will obtain profit (or liability) values ​​that are double each other.

ODDS INDICATION

The best Back and Lay odds for the selection are indicated in the respective SP and SP columns.

These odds are constantly updated with the bookmaker if the "Update Live Odds" option is selected; otherwise, they remain constant.

If the live update option is enabled, you cannot manually adjust the odds, only the way they are determined, which is by changing the "Odds Type" and "Offset" parameters.

If the live update option is disabled, you can also manually adjust each odds by editing their value, in addition to adjusting the "Offset" parameter.

Odds Type

There are four options available to determine the betting odds based on the bookmaker's situation.

See the dedicated page to understand how the odds type selection works.

Global Parameters

The global offset parameter allows you to standardize the offset values, while choosing a global odds type makes this parameter uniform across the various selections.

The Potential P/L tab for these bets shows the maximum and minimum profit/loss values ​​for bets placed on the market by clicking OK. Obviously, this calculation assumes that all bets are matched.