Calculate stakes across multiple selections so that whichever one wins, you return the same profit.
Dutching means backing multiple selections in the same event so that whichever one wins, your profit is the same. Unlike arbitrage, you're betting with one bookmaker — you're spreading risk across selections you think have a realistic chance.
Dutching is useful in horse racing, golf or any market with many runners where you've identified 2–4 strongly fancied selections. Instead of backing one at short odds, you spread the stake to cover several value picks.
Arbitrage guarantees profit using different bookmakers. Dutching doesn't guarantee profit — if none of your selections win, you lose your stake. It's a risk management and staking strategy, not a guaranteed profit method.