When major horse racing events such as Cheltenham or Royal Ascot are held, bookmakers usually offer additional venue races. When combined with the ‘dutching’ technique, players can use this to their advantage to gain profits. Here at OddsMonkeywe’ll cover all the details you need to know, including what a dutch is, what an extra place race is, and how we can use the two together to make the most of the opportunities presented to us.

What Is Dutch Extra Place Racing

First of all, we will see what an extra place race is. This type of racing is not limited to major horse racing meetings, but it is the most likely place to find it. This race will increase one-way spots to one more than usual. An example is a bookmaker offering 5 places instead of 4, or 4 places instead of 3, depending on how many horses are taking part in the race. For players who aren’t sure what a one way bet is or how to place one, don’t worry, because we have you covered each way betting guide for you to check out here!

Now for the Dutch side, this is a known technique to back all outcomes in the event and can be used as an alternative to placing bets. By using different bookmakers players can back all possible outcomes and is usually done on events with two or three possible outcomes, however it can still be used on any event such as horse racing. We have the whole Netherlands match betting guide here at OddsMonkey for players to refer to if they need clarification on how dutching works down to the finest detail.

How Dutching Extra Place Racing Works

Dutching is technically classed as a matched betting strategy, however lay bets and exchange bets are not required to complete this strategy. When players place different bets on different bookmakers, it is important to use our bookmakers Dutch calculator to ensure you are using the right numbers and bets given the odds and spots available to you. If the user does not use the correct numbers, profits will not be locked in, and this may result in losses. Dutch calculators can be used for a variety of different sports and considering there are several different bets and bets required, the math can be confusing which means a calculator is necessary.

For the actual technique, we’ll use an example to show how dutching actually works. If the bookmaker offers 5 places instead of 4, this means that if we backed all the horses in the race we would be paid £1000, not £800 if there were only 4 places paid. This means all horses must have bets that match the odds to ensure a profit. With this technique, there are different profit amounts locked in, meaning players can earn a range of different amounts depending on how much is wagered.

How Dutch Extra Place Racing Links to Matched Betting

Dutch is generally known as a matched betting technique because of the ability to lock in profits with correct calculations. Although lay betting and betting exchanges are not used, Dutch is still classed as part of this family. If done correctly, there will be losses from other bets that don’t win, but with careful calculations, qualifying profits will offset qualifying losses resulting in a profit.

Because the Netherlands is part of it matched betting, we have many different and extensive guides matched betting blogwhich has various techniques for users to try around this innovative strategy!

Learn More About Matched Betting At OddsMonkey

With extra dutch place racing being one of the many matched betting techniques, we have more guides on how to get into matched betting here at OddsMonkey. You can check out our sport specific guides like ours football match betting guide or ours matched horse racing betting guide which will guide you through all the different techniques and tools you can use to match bets effectively and sustainably.