We assume you know what odds are, whether fractional or decimal. Our odds converter can help you if you are confused. In the example below, there are 2 places, which means winner plus second or third place pay out for the place bet. As long as your horse finishes first, second or third, you win the bet. Pay attention as sometimes there are three places, meaning you also win the bet if your horse places fourth.
Other bookies use different notations, such as Each Way 1 — 2 — 3, or Each Way 1 — 2 — 3 — 4. Again, feel free to use our odds conversion calculator linked above to help you do the maths. Looking to bet each way? Then don't miss out on Betfair's Each Way Edge promo! Each-way betting calculators help punters effortlessly calculate their each-way bets and how much they stand to earn for each number of places they choose. We are currently in the process of building our own each-way bet calculator which will be published here soon, so watch this space for the latest updates!
In the meantime, check out our bet calculators page for lots of other useful tools to help you with your number-crunching. Not all races have the same number of horses; because of this, place terms are different depending on how many horses are in the races. Bookies have different terms for what happens if a horse drops out of a race. Depending on how many horses drop out, place terms can be changed from first 3 places to first 2 places. While each-way betting is most prominent in horse racing , you will also find it for plenty of other sports including football and golf.
Each-way bets in football are usually for the outright market. While you can pick an outright winner, you can also place an extra bet that that winner will place at least third or fourth. Each-way bets are even more common in golf than in football. Betting on a tournament winner can be hard, but if you place an EW bet, you place a second bet that the golfer will end up in the top Different bookies offer different terms when it comes to each-way bets, both for horse racing and golf tournaments.
Place terms vary, as well as the EW fraction. Several bookies offer specific promos for EW bets, where you can choose between a lower EW fraction or more qualifying places. Both Betfair and bet have this type of promotion. While you can find each-way bets for most races, the question you should obviously ask yourself is when each-way bets have value.
As you might guess, a lot depends on the odds. This means that if you lose your win bet, your place bet will at least cover your losses, as long as your horse places. Of course, this is not for the absolute favourites. There are several types of each-way accas. If one element of the bet loses, it is voided; however, the other element is still valid and can be multiplied by the same element on the rest of the bet slip.
Win bets are multiplied by win bets, while place bets are multiplied by place bets. If you lose one selection on the win market, all win bets are forfeited. However, you can still win place bets as long as all of your horses place. If each of your horses win the race, you will win all bets.
An each-way double is a win double and a place double. If you lose the win double, you can still win the place double. An each-way treble is a win treble and a place treble. If you lose the win treble, you can still win the place treble.
Accumulators with 4 selections or more work the same way. If your horses win the race, you win the full amount. If one of your horses does not win but all horses still place, you win the place part of the bet. EW betting means placing two bets : one that the horse will win, and one that the horse will place. To 'place' means to come in at the top of the race.
Place can be the top 3 or top 4 horses in the race, depending on how many horses start. The more horses in the race, the more qualifying spots for place. Because an each-way wager comprises two bets, the total staked is twice the unit stake. The number horses and the type of race generally determines the number of places paid out and the fraction of the win odds used for settling the place part of an each way bet.
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For example, if you take Belgium at odds of There are a lot of ways you can use each-way bets to your advantage when betting futures. Here are a few things to keep in mind to give yourself an edge on the sportsbook. Germany 6. Each-Way Betting Tips There are a lot of ways you can use each-way bets to your advantage when betting futures.
Compare the each-way odds to the equivalent prop bet. Compare the each-way terms between sportsbooks. The each-way terms do vary between sportsbooks, so pay attention to the terms and bet accordingly. For the win part of the bet to give a return, the selection must win, or finish first, in the event. For the place part of the bet to give a return, the selection must either win or finish in one of the predetermined places for the event, such as first place or second place.
The trade-off being that one has a greater chance of making one's bet in trade for getting less payoff for doing so. Examples are domestic football knockout competitions e. Because an each-way wager comprises two bets, the total staked is twice the unit stake. The number horses and the type of race generally determines the number of places paid out and the fraction of the win odds used for settling the place part of an each way bet.
From Wikipedia, the free encyclopedia. Type of wager offered by bookmakers. This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources.
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