Glossary

Dutching: what it means in exchange trading

Backing several runners with stakes that return the same profit whichever wins.

Stakes are weighted by each runner's implied probability. If the combined book of your selections reaches 100% there is no profit to be had.

Split a stake across several runners so any winner returns the same profit.

How far the implied probabilities of every runner exceed 100%.

Betting that a selection will win.

18+. Trading on exchanges carries real risk and many people lose money. Set limits before you start. Support: BeGambleAware, GAMSTOP.

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