Dutching advice please

[Wonkydonkey]

Firstly, a quick hello! I've been using the trader software for almost a month now and very pleased with it. I became interested in trading when I discovered whilst matched betting that it was possible to make money before the horse had started to run, mind blown!

I have been using the dutching option quite successfully but noticed in the software guide that it is possible to vary your profit across the more likely options. Is this only possible in the professional version as I can't work out how to do this in the trader screen?

I've had a few occasions where I've submitted my bets, only for the price to tumble straight after, leaving me without a match, to watch on as the horse sprouted his pegasus wings and flew down the course. Is this just part and parcel or do I need to be going earlier when the market is calmer or close to the off to avoid the big drops?

Would anyone mind advising how you deal with the unmatched bets when dutching? Is it best to take the starting price or is there a way to recalculate easily for the new odds? I've tried backing the horse at the current odds and price shown in the dutching screen but this can then leave all the other horses in the red.

[Derek27]

Firstly, a quick hello! I've been using the trader software for almost a month now and very pleased with it. I became interested in trading when I discovered whilst matched betting that it was possible to make money before the horse had started to run, mind blown!

I have been using the dutching option quite successfully but noticed in the software guide that it is possible to vary your profit across the more likely options. Is this only possible in the professional version as I can't work out how to do this in the trader screen?

I've had a few occasions where I've submitted my bets, only for the price to tumble straight after, leaving me without a match, to watch on as the horse sprouted his pegasus wings and flew down the course. Is this just part and parcel or do I need to be going earlier when the market is calmer or close to the off to avoid the big drops?

Would anyone mind advising how you deal with the unmatched bets when dutching? Is it best to take the starting price or is there a way to recalculate easily for the new odds? I've tried backing the horse at the current odds and price shown in the dutching screen but this can then leave all the other horses in the red.

Welcome to the forum WD. An unmatched bet is really just like selling a car that nobody is willing to buy. You have two options, either lower the price (within reason) until you have a taker or wait and see if the bet eventually gets matched.

When you're trading or dutching the entire field you absolutely have to match that bet or you'll have huge liabilities and you would close the trade for a loss if necessary. If you're dutching two or three horses and one of the bets is unmatched, you're betting not trading and taking a risk anyway so it's up to you if you need all three matched or you're happy with the two you got matched. But if you really want the third horse matched you'd have to lower the price you're asking for.

[Dallas]

Firstly, a quick hello! I've been using the trader software for almost a month now and very pleased with it. I became interested in trading when I discovered whilst matched betting that it was possible to make money before the horse had started to run, mind blown!

I have been using the dutching option quite successfully but noticed in the software guide that it is possible to vary your profit across the more likely options. Is this only possible in the professional version as I can't work out how to do this in the trader screen?

I've had a few occasions where I've submitted my bets, only for the price to tumble straight after, leaving me without a match, to watch on as the horse sprouted his pegasus wings and flew down the course. Is this just part and parcel or do I need to be going earlier when the market is calmer or close to the off to avoid the big drops?

Would anyone mind advising how you deal with the unmatched bets when dutching? Is it best to take the starting price or is there a way to recalculate easily for the new odds? I've tried backing the horse at the current odds and price shown in the dutching screen but this can then leave all the other horses in the red.

You can have Bet Angel move the unmatched bet for you automatically and take the best price if the odds move against any of your selections by the number of ticks/percent you specify
It will move the full unmatched bet and won't recalculate the stake so you won't end up with a perfectly balance P/L on all runners, and the greater the ticks/percent you use the more unbalanced you P/L will be

For Bet Angel to do that all you need to do is enable 'Global Settings' by uncrossing the blue cog icon on the dutching page
Then select 'Stop on Opening Bet' from the pick list on the left side of the main ribbon, and set the number of ticks or percent you are prepared to allow the price to be moved before the best price is taken
https://www.betangel.com/user-guide/sto ... g_bet.html

[Wonkydonkey]

Brilliant, thank you both. I'm having a go at the football correct score market today, following the example given, hopefully I can add that to my daily routine too!

[The Silk Run]

I have a Dutch BACK stratergy for three Greyhound selections for orders to be submitted 9 seconds before race time, plus 500 seconds after race time -3 ticks. Its extremely rare the bets are not matched.
I am not current with Horse Racing markets but you could test this ....

Good luck
Minnie LAI

[Jicean941713]

I became interested in trading when I discovered during proper betting that it was possible to make money before the horse started runningsmash karts However, I usually don't get much from them. Perhaps, have I run into a problem or am I just not lucky enough?

[Wonkydonkey]

Thank you Minnie, I think I need to trial the pro version and consider automation. I seem to be going one step forward, two back at the moment. I will certainly take your idea and see if I can find a reliable strategy for the horses.

[ShaunWhite]

I have a Dutch BACK stratergy for three Greyhound selections for orders to be submitted 9 seconds before race time, plus 500 seconds after race time -3 ticks. Its extremely rare the bets are not matched.

500s after the scheduled start on dogs?

[ShaunWhite]

Thank you Minnie, I think I need to trial the pro version and consider automation. I seem to be going one step forward, two back at the moment. I will certainly take your idea and see if I can find a reliable strategy for the horses.

Just remember that an inbalanced book is better than one you've leveled by taking any old prices. Dutching is just straight betting, but on lots of selections at once, so value is important.

[The Silk Run]

I have a Dutch BACK stratergy for three Greyhound selections for orders to be submitted 9 seconds before race time, plus 500 seconds after race time -3 ticks. Its extremely rare the bets are not matched.

500s after the scheduled start on dogs?

Yes, indeed Shaun. To cover delays of official start times and ensuring the three BACK bets are matched.

[ShaunWhite]

Yes, indeed Shaun. To cover delays of official start times and ensuring the three BACK bets are matched.

ahh I thought it was at -9s and then at +500s, not from 9s until 500s.

[Crazyskier]

Yes, indeed Shaun. To cover delays of official start times and ensuring the three BACK bets are matched.

ahh I thought it was at -9s and then at +500s, not from 9s until 500s.

I thought the same, or a typo, ie 5 seconds after...

CS