Dutching is a term used in betting and refers to the strategy of placing multiple bets on different outcomes to increase the chances of winning. There are several synonyms for this term, including hedging, laying off, and backing multiple outcomes. Hedging is a common synonym for Dutching and involves placing bets on multiple outcomes to reduce the risk of loss. Laying off is another synonym for the practice of Dutching and involves placing bets on different outcomes to offset potential losses. Backing multiple outcomes is also a synonym for Dutching, and it involves placing bets on different outcomes to increase the chances of winning.