you are absolutely right Crash. Dutching multiple horses in a race is not a short cut to winning.

Essentially you are backing odds on, so why you might find more winners you need more winners to balance the book.

If you can't find winners, then Dutching or any form of staking won't help.

Much of the above applies to laying single horses. Just because it seems easier to pick losers making a profit is just as hard, because you are backing the whole field against one horse at very short odds.

The only way to get on the right side would be to Dutch every runners when the book is less than 100% and lay every runner when it is greater than 100%

If it were possible to know the exact odds of a horse wiining then it would be relatively simple to make money. For example if at a party someone suggested simulating a horse race with the roll of a dice & offered evens for the 1, 2/1 for the 2, 3/1 for the 3 etc, most people might get into the spirit and bet the 2 because its their favourite number. But we are clever sods and know that the 5 is a break even situation so will leave it alone. The 6 is in our favour so we could back that every race or we could lay the 1,2,3 or 4 horse (The 1 being the best proposition.)

In the long run we will win without even considering who the winner might be, because we know the correct odds of each participant is 5/1

Incidentally the percentages for these prices add up to 158.94% a massive over round and we can still win. The person running the game is sure to clean up but only if he gets wise to us and refuses our bets.

Right thats my homework left for marking. I guess most of you lot are up now, but it is 1.00 am here and I am off to bed.