This calculator is only for Horse racing bet? or can also be used in other sports?
I like this idea Brad, hopefully they can add this.It's useful for any sport where you want to bet on more than one outcome in the same market.
I use it for NASCAR betting mostly.
If I want to bet on 3 cars, so that if any of them win I will win the same amount of profit, a Dutching Calculator will tell me how much to bet on each.
If I want to risk a total of $100 it would tell me
Kyle Busch +600 - Bet $49.16 to Return $344.26
Kevin Harvick +900 - Bet $34.43 to Return $344.26
Ryan Newman +2000 - Bet $16.39 to Return $344.26
Which will give you $244.26 clear profit no matter which one wins.
Another use is comparing a group prop bet to their straight odds to see which way to bet is better value.
In golf you might see a prop for either Tiger Woods or Phil Mickelson or Rory McIlroy win the US Open +1500
And their straight odds are Tiger +2500. Phil +4000 & Rory +7000
Are you better off to bet the prop or all three as straight bets?
A dutching calculator will tell you that if you "dutched" those three as straight win odds it would only payout +1199
So the prop offer is better value.