Dutch Book Program

Outline

DUTCH BOOK

The Dutch Book Staking Plan

The Dutch Book method is a well tried staking approach and is nothing new...But why use something new if the old approach still works?

Basically the approach is to support 2 or more runners to collect the same amount in one race. If one of the runners wins, then a nice profit margin can be made. Betting to collect a fixed amount not only increases your potential profit but also reduces losses.

Example

Bet to collect $100:

Odds	Percent	Stake
$3	33%	$33
$4	25%	$25
$5	20%	$20
Total:		$78

Staking

For the $5 chance, $20 must be wagered to return $100 ($80 profit + $20 stake returned).

The overall bet may prove to be a poor wager (outlay $78 to return $100) or a sound investment, depending on the number of chances in the race, race conditions and so on.

The Dutch Book program calculates the amount to bet on each runner according to the odds. In this way, selecting the winner will return the same amount no matter which horse wins.

Saving

Another useful technique is saving. Rather than betting the full amount on each selection, you can 'save' on the lesser chances to return the original stake....save option. The notion of saving is a simple one. You want to bet on the horse, dog, etc but do not want to stake it to collect the target amount. Only wager enough to break even on the race if this selection is successful.

It is a very powerful staking program.

The program now allow direct connection to the Internet. Look at TAB prices, determine overs and other bets then place the bets directly on the TAB using an Internet TAB Account

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