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45 sats \ 2 replies \ @jakoyoh629 OP 22 Mar \ parent \ on: oddschecker's dutching calculator ideasfromtheedge
Dutching's wicked useful when you've got a bunch of outcomes and just one's gonna win. It's basically a way to figure out how much to slap down on each bet so you get the same payout no matter which one comes through. Plus, it's a slick trick for finding those arbitrage plays. Like, if you've got a Dodgers game with win, draw, and lose options, you can lock in a profit by betting on all three. And it's a lifesaver for tournaments, too. You can spread your bets across four or five potential winners and rake in the same amount if any of them take the title.
I get the idea, but if you're betting within a particular sports book the only equal return you could guarantee would be negative, since they offer less than fair odds.
I was building off of this idea, although I didn't know it's name, when I came up with [RBOA}(#342765).
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Stumbled on this thread, and damn! I used to do sports betting, even coded a dutching calculator in C#. If anyone needs the code, just let me know.
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