Dutching Correct Scores of Betfair

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diablodavo
Posts: 35
Joined: Thu Feb 04, 2021 1:08 pm

I have a serious problem trying to dutch the correct scores on betfair.

If you look at the picture below you will see the trades i put on for each score and the estimated profit. But when I confirmed the bets, the payout amounts on the left have been absolutely slashed beyond recognition.

I had to trade out for a loss and try it again, but the same occurred.

Does anyone know what is going wrong?... I have watched many youtube videos on this and this is not happening in the videos.

Thanks in advance.
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jimibt
Posts: 4202
Joined: Mon Nov 30, 2015 6:42 pm

in bet angel, are you using the dutching function or are you placing the bets manually in the 1 click screen?? might be an idea to paste the log file into the OP also, then we can see what the bets looked like as they were entered.

can't think of anything, other than potentially double keying if you are inputing them manually
diablodavo
Posts: 35
Joined: Thu Feb 04, 2021 1:08 pm

Ni, on this occasion I am not using the bet angel interface.

I am doing this directly on the betfair exchange.

If you look at the image below, if i add a $3 trade to the 0-0 correct score look how it affects the existing payouts on the left... You can see if i confirmed it will hack all those other payouts down even further.
2.jpg
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Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

diablodavo wrote:
Thu Mar 18, 2021 3:32 pm
I have a serious problem trying to dutch the correct scores on betfair.

If you look at the picture below you will see the trades i put on for each score and the estimated profit. But when I confirmed the bets, the payout amounts on the left have been absolutely slashed beyond recognition.

I had to trade out for a loss and try it again, but the same occurred.

Does anyone know what is going wrong?... I have watched many youtube videos on this and this is not happening in the videos.

Thanks in advance.
Untitled.jpg
Don't ever post a screenshot like that when you've been looking at porn, or at least leave the tabs out. :)
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jimibt
Posts: 4202
Joined: Mon Nov 30, 2015 6:42 pm

i just realised that this is the PLACE market and not the WIN market. There are big differences in how these markets operate due to the book% etc. I don't have a definitive answer, but this is definitely why you are seeing behaviours that you don't expect.
diablodavo
Posts: 35
Joined: Thu Feb 04, 2021 1:08 pm

It clearly states WIN ONLY MARKET just above the bet laying section.
Jukebox
Posts: 1576
Joined: Thu Sep 06, 2012 8:07 pm

diablodavo wrote:
Thu Mar 18, 2021 3:51 pm
Ni, on this occasion I am not using the bet angel interface.

I am doing this directly on the betfair exchange.

If you look at the image below, if i add a $3 trade to the 0-0 correct score look how it affects the existing payouts on the left... You can see if i confirmed it will hack all those other payouts down even further.

2.jpg
This is not Dutching - you're simply betting lots of individual scorelines for £3 Everytime you add another bet to a scoreline you are reducing the payout on every other scoreline. In your second image you'll see that if you confirm that bet it will add a potential profit to the 0-0 scoreline of an additional £46.50 for that bet (added to the existing £24.24 making a total of £70.74) but every other scoreline will produce £3 less.
diablodavo
Posts: 35
Joined: Thu Feb 04, 2021 1:08 pm

This is confusing as hell... I have placed a bet on individual scorelines using a $3 stake for each one.

That is dutching as far as I have learned, backing multiple outcomes with individual stakes.

So what am i doing wrong?

I followed the other videos to the letter and this is what i get.

If I am adding an ADDITIONAL bet with an additional stake, then the ONLY selection that should be affected is the selection I am backing, there is no reason for it to hack all my existing bets.
dt888
Posts: 393
Joined: Wed Apr 27, 2011 9:25 pm

Use the Dutching tool on Bet Angel. It will do all the calculations for you
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jimibt
Posts: 4202
Joined: Mon Nov 30, 2015 6:42 pm

diablodavo wrote:
Thu Mar 18, 2021 4:25 pm
This is confusing as hell... I have placed a bet on individual scorelines using a $3 stake for each one.

That is dutching as far as I have learned, backing multiple outcomes with individual stakes.

So what am i doing wrong?

I followed the other videos to the letter and this is what i get.

If I am adding an ADDITIONAL bet with an additional stake, then the ONLY selection that should be affected is the selection I am backing, there is no reason for it to hack all my existing bets.
so, with dutching, you need to calculate the stake based on the different odds. so for a total stake of £10 for example, you'd place £8 on a selection that was on 3.00 odds but only need to place £2 on a selection that was on 9.00 odds. this would give an equal payout on each selection of £16.

there are dutching calculators online. tbh, you'd be better off using the bet angel dutching function as this does this calculation for you.
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jimibt
Posts: 4202
Joined: Mon Nov 30, 2015 6:42 pm

dt888 wrote:
Thu Mar 18, 2021 4:35 pm
Use the Dutching tool on Bet Angel. It will do all the calculations for you
snap!!
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jimibt
Posts: 4202
Joined: Mon Nov 30, 2015 6:42 pm

diablodavo wrote:
Thu Mar 18, 2021 4:06 pm
It clearly states WIN ONLY MARKET just above the bet laying section.
of course - just looked at it more carefully ;)
Jukebox
Posts: 1576
Joined: Thu Sep 06, 2012 8:07 pm

[quote=diablodavo post_id=258394 time=1616084721 user_id=30340
.....If I am adding an ADDITIONAL bet with an additional stake, then the ONLY selection that should be affected is the selection I am backing, there is no reason for it to hack all my existing bets.
[/quote]

Just stop to think it through - if you place a £3 back bet on 0-0
you will win money on that bet if the result is 0-0 - you will lose £3 if it is any other scoreline. If you have other bets in the market it isn't "hacking" your other bets its simply reflecting the change to your existing position.
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Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

jimibt wrote:
Thu Mar 18, 2021 3:59 pm
i just realised that this is the PLACE market and not the WIN market. There are big differences in how these markets operate due to the book% etc. I don't have a definitive answer, but this is definitely why you are seeing behaviours that you don't expect.
How does an incorrect score get placed? :lol:
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Derek27
Posts: 25159
Joined: Wed Aug 30, 2017 11:44 am

Derek27 wrote:
Thu Mar 18, 2021 5:48 pm
jimibt wrote:
Thu Mar 18, 2021 3:59 pm
i just realised that this is the PLACE market and not the WIN market. There are big differences in how these markets operate due to the book% etc. I don't have a definitive answer, but this is definitely why you are seeing behaviours that you don't expect.
How does an incorrect score get placed? :lol:
Now that you inadvertently raised the issue, an extra goal for one side or the other would make an interesting place market. :)
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