Backingline User Guide Printable version

A guide to dutching with Go-Dutch!

Go-Dutch is the most powerful dutching application on the web today. In addition to the the dutching calculator, Go-Dutch includes features to enable you to control minimum stake units in your plan. You can also assign each plan to an account and track the performance of each account through the 'my data' screen. It sounds like a lot, but I will explain everything in detail. You will be amazed at how simple and powerful this application can be.

The application area

screenshot of Go-Dutch application area

This image shows the application area of Go-Dutch. This is where most of the dutching operations are performed. Remember the purpose of dutching is to allow you to spread your money across multiple bets - usually multiple runners in a horse race. The Go-Dutch screen allows for six entries. You can enter fewer if you choose, but six is the maximum you can enter.

The details of runners' names and odds are entered into the 'bet data' area. You will notice three other key areas of the screen. The top unit is the 'save area'. To the right you have 'Dutching controls' and below you will see the 'Results' section. If you are feeling impatient and just want to give the calculator a try, why not simply enter some odds into the 'Odds' column in the 'bet data' region of the screen, then just hit the 'solve' button in the 'Dutching controls'. This is the minimum you need to do in order to resolve a staking plan. If you would like more details, read on.

The Bet Data area

screenshot of Go-Dutch bet data area

The 'Bet Data' area provides the key entry point for your dutching data. Use this region of the screen to enter the odds of each bet in the plan. Usually this would be a number of runners in a horse race, or traps at a dog race, or perhaps Formula One entries. However, you can dutch any list of bets using this tool. The minimum requirement is to enter a 'price', or odds for each bet. Note - odds can be provided in decimal, or fractional form. Fractional odds must be provided with a colon ':' or slash '/' as a divison delimeter (such as 4/1 or 4:1).

The 'Bet Data' region of the application also allows you to name each bet in the 'Selection' column. Use these cells to enter the names of the horses, or the trap numbers, or an identifier of some sort for each bet.

The remaining two columns, 'Stake' and 'Profit' do not require user input. These columns carry details of the dutch results once the calculation has completed. The 'Stake' column is important. These are the amounts you will need to place on each bet at the declared odds in order to take home the reported profit if either one wins. The 'Profit' column indicates the minimum profit if the selection in that row wins. Note that this value may differ if you have a minimum stake 'unit' (see later).

The Save area

screenshot of Go-Dutch save area

As soon as you start to save your dutching plans, you begin to unleash the full power of Go-Dutch. To save a plan, first enter the name of the plan into the 'Save as' input field. By clicking 'solve & save', the system will calculate your staking plan and will save the plan in the list below the Go-Dutch application area. This is useful if you wish to create multiple plans for the day's events prior to opening your bet provider in another window to place the bets.

Saving plans also allows you to benefit from the full statistical analysis within Go-Dutch along with the account management and strategy monitoring provided in the 'my-data' screen (see later). Don't worry - you have full control over whether or not your plans are visible to the outside world. More on this later too!

The Dutch Controls area

screenshot of Go-Dutch controls area

Use the 'Dutch Controls' area to give information about how you would like the plan to be calculated. First select 'fixed stake' or 'fixed profit'. If you have a known amount available to spread across the bets, click the 'fixed stake' option. If you have a fixed profit which you need to obtain, select 'fixed profit' - this means that your staking plan must at least return this profit if any one of your selections wins. The 'Sum' represents your stake amount (if 'fixed stake'), or profit (for 'fixed profit' plans).

The 'Unit' drop-down allows you to define your minimum staking unit. This is useful, because some bet providers (such as bet365) will only accept bets with a minimum unit of £0.10 (10 pence). This will prevent you from dutching your bets. Go-Dutch offers a way around the problem. Simply select '0.1' if your minimum bet unit is 10p, or '0.25' for a minimum bet unit of 25p (which you will see in the Virtual Racing games on some sites). Then click the 'solve' button will solve the plan. You can then simply make any adjustments required and 'solve' again - until you are happy with the details, at which point you should 'save & solve'.

The 'min' function will tell the dutching engine to resolve a staking plan against your selections, but using the smallest possible stake required to achieve a profit if any selection wins. This is very useful for minimising risk - perhaps if you are experimenting with a new account, or strategy. The statistical analysis will be equally valuable, but any losses will be kept to a minimum. The 'min' resolver will stop when it reaches your 'Sum' value, which means that you will have to increase 'Sum' if you want to try higher values.

The Results area

screenshot of Go-Dutch results area

This is where the dutching calculator reports the overall result of the plan. The 'total stake' value indicates the total amount you will have to place. Occasionally this will fall a penny or two out from your provided 'Sum' value. This is due to rounding effects in the calculations, or as a result of your minimum staking unit (if provided). The minimum return and minimum profit values indicate the minimum return and profit amounts for the dutching plan, since there may be small variations between the selections.