So I slipped a comment into one of the videos last week about touching and that I had a touching strategy in that fired off a few comments, and I thought oh yeah. That’S fine because I’ll just link to the blog post in the video that I did in that and it turned out there’s been absolutely years since I’ve actually done one. I was pretty shocked and amazed actually how long had been since I last talked about about it, because the dutching calculator in vet angel is a really useful tool. It was introduced a long time ago, we’d first introduced in 2006 and went through several upgrades, but I don’t think I’ve really covered it very properly.
So that’s what I’m going to do in this video please like and comment on the video below that will allow me to produce better quality videos and more of them in the future. If you’re interested in learning to trade successfully in sports, then why not visit the potential Academy where we have more detailed videos, so touching is something you’re probably familiar with, and on a previous video I was talking about how the over rounds is basically shrunk and shrunk, And shrunk and shrunk to the point where it’s like negligible, it’s absolutely tiny and the great thing about vet angel is. We have a very advanced dutching calculator contained within it. It not only does touching, but it does other things and very clever things within that calculator.
Stuff that maybe you’re not aware of because I haven’t really covered it at all, and one of the benefits of the over round shrinking and shrinking as that dutching becomes a really really viable strategy. Now, if you’re not familiar with touching, basically traditionally, you woods will look at a very competitive horse, race and you’d sort of say well. Is the winner gon na win or not because if he’s gon na win I’ll back him and if he’s not gon na win I’ll lay him, but the advantage that you get with dutching is and I’ll save you the story of why it’s called touching. That can be for another video, but the advantage of dutching is that you can actually cover more than one selection within a market.
So, for example, you could have a ten runner race and you can actually say to it. Okay, I want to win thirty pound if any of those first four win. It’S it’s a powerful thing to do because, rather than having to pick the winner, you can just sort of say well, I think the winners going come out of this group of four or five horses and therefore you just say: okay, I’m going to place a bet That covers those four or five horses out of that field of ten and the great thing about what we did with dutching is traditionally what you would do is you’d place two bets or more within the market, and then you would get a variable return. So you’d say his mistake: fifty pounds. How much am I going to win if I cover all those three or four horses out of this twenty-eight run a competitive handicap basket or somewhere, and then it would basically throw back a potential return for you. But when we look to Dutch and we introduced the dutching tool back in 2006, believe it or not it’s twelve years old, although it’s changed a lot since the first introduction, because we introduced that version of dutching returning, so you have basically place about you’d say how Many selections you wanted to cover in the field and then it would return some money to you.
So the first thing that we did of many is we actually flipped that completely on its head and we sort of said well. How much do you want to win if any of those four or five go on to win that particular race see we completely turned it on its head, rather than you putting a stake down a fifty pound and then wondering what your return would be, because it Could be five, it could be ten, it could be twenty all dependent upon the price at which you choose to back in the market. We’Ve flipped it totally around and we said how much would you like to win if this happens and then Bettinger calculates the stake and then you decide if you want to place your bet, so it’s really simple: you go into the market. You click on you, the selections that you want.
You nominate that you want to say, win twenty pounds and then bet angel. Does the calculation for you new press, the place, bets button and away it goes now. You can actually automate Dutch capabilities, it’s not as quite as much as the Moneo tool, because the manual tool is designed to be very highly refined, but it is possible if you want to automate some element of dutching, that you can do that through the automation.
So check out the forum and the scripts that are available so the rules files that are available in the forum that will allow you to do that so yeah. The basic Dutch position was back these two, these three, these four runners and you’re gon na get some money back. We turned it totally on its head and said: how much would you like to win if this occurs?
Now, of course, you can do on racing. You can do it on football because you could say I want to back 1, nil, 1 or 2, 1, 1, 2, and but we’re not going to cover that position there and it works exactly the same way. You can say if any of these correct scores come in.
I want to win 20 quid and it’s in a competitive handicap in racing you could say if any of these four horses, when I want to win Tony quid, so you flip everything on its head effectively. You say this is how much I like to win, and this is what’s going to make this occur. That’S the essence of the way that we created the dutching tool within betangel, but it gets better because we then took it up another level.
I can’t remember when we did that, probably a year or two after we introduced the tool and you can actually nominate how much you want to win on each individual selection, and this was incredibly complex to do. And it took a lot of pain and effort and fiddling around with spreadsheets to work out how this was going to happen. So the great thing about the way that this works is, you can say.
Ok, I want to win 30 30 pounds 20 pounds if the any of the first 3 runners go on to win this race. However, I’m going to break even on the 4th I’m going to make 50 quid on the fifth and I want to lose 100. If the six runner comes in because that’s unlikely to happen, but that’s the loss that I’m prepared to take, so the variable dutching that we’ve got within the bet angel dutching calculator allows you to do that. So again, you could do it on football. You can say: well, I think they’re gon na win, so I’m gon na win 20 pounds if they win 1, nil.
2. 1. 3.
1. 2. Now or you know, you could decide. However, you want to mix that up, but if they end up drawing I’m willing to break even and if they lose, then you can cap your loss effectively with that as well. You can actually nominate for each individual selection what you’re willing to gain or lose, and you can even set it at a break-even as well, and so you can say it’s say: you’re looking a really competitive race and you think 5 horses have got a chance out Of 20, but only three of them have got a real chance.
You can basically say I want to win 50-pound on the front three and I’m willing to break even on the next two, because they’ve got and if they come on would be unexpected. But I want to cover them off on and make sure that I don’t lose money so yeah, it’s very, very flexible, there’s an awful lot that you can do with it. There are additional functions as well that I’m not going to explain specifically in this video because they almost sit in two different categories of strategy: they’re not considered sort of basic touching strategies. But if you want to understand exactly how to use the calculator, I’m going to do another video which will go alongside this one this week and I’ll include it at the end of this video that can link to it, which would just walk you through that particular Process going from basic touching to touching to a predefined profit target, to variable touching so I’ll include that at the end of this video and on a separate video but yeah check it out because it is very flexible and the big advantage you’ve got nowadays when you’re Done qing is that the book curve around is absolutely tiny when we invented the tour back in 2006, it was quite large, but the markets so efficient now that, rather than just betting on one thing, you can bet on a whole host of things and the over Round has effectively spread amongst the book on this selections that you bet. Basically, the amount of commission that you pay is spread across those runners as well, and it’s just a very, very efficient way of covering multiple selections. Getting a relatively high winrate and doing it in a very, very efficient manner, simply because the book percentage is so tiny, but anyway, what I suggest to do is far better you’ll, go to the dutching tab and then follow the instructions, that’s included in the other video.