Trading in the Global Sports Betting Market
Dutching is a trading strategy where each horse in a qualifying race is backed. Our algorithm filters qualifying races by calculating the optimum bet size on each horse with a different bookmaker where the maximum downside risk of bankroll loss is constrained to -3% no matter which horse wins the race.
Horse racing odds move up and down typically within an hour of the race starting, frequently the odds increase on the winning horse (Drifter) just prior to the race start. European bookmakers offer a best-odds guarantee on horse racing which means that races that are won by a horse where the odds have increased post placing the bet produce a significant profit opportunity.
Our Dutching algorithm aims to make up-to 120% per profitable race with a maximum downside risk of -3% on loss making races. The frequency of profitable races to losing races averages 30%/40% profitable to 70%/60% losing. Software applications are currently under development and are expected to be rolled out to software licence customers in the third quarter of 2019.