Definition of Dutching

What does the term "dutching" mean in the world of sports betting? What is the definition of the term "dutching"?

In sports betting, "dutching" means betting on more than one team in a large field event. With "dutching", you are betting an amount that will guarantee the same amount of profit regardless of which one of your teams wins.

For instance - let's say that you wanted to back five teams at the 2014 World Cup. The teams are Brazil, Argentina, Germany, Netherlands and France.

Their odds look like this:

Brazil - 4.00
Argentina - 5.40
Germany - 5.50
Netherlands - 6.60
France - 10.00

So, let's say that you had $100. If you use the "dutching" method, your five bets would look like this:

Brazil - $28.78
Argentina - $21.32
Germany - $20.93
Netherlands - $17.45
France - $11.51

So, if any of these five teams ends up winning the World Cup, you would walk away with a total profit of $15.14 (15.14%). Do the math yourself and you will see that the profit is the same regardless of which team wins.

Obviously, if none of these five teams ends up winning the World Cup, you would walk away with nothing.