each way betting odds

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п»їEach Way Betting Explained.
What does Each Way mean?
What is Each Way betting?
Usually only offered in racing and ‘outright’ market contexts, an Each Way bet allows the customer to stake money on both their selection winning and finishing in one of the pre-set place positions (second, third etc.).
Why bet Each Way?
Each Way betting gives you a return even if your horse doesn’t win. For bigger price horses, this could still be at significant odds.
How does an Each Way bet work?
When you place an Each Way bet, you are actually placing two wagers for twice the stake. The first part of the bet concerns the win, and for you to see a return from this part of the wager, your selection must be declared the event’s winner.
Part two is named the ‘place’ bet and will produce a return if your selection either wins or finishes in one of the place positions. In horse racing, your nag finishing first or second in a field of between five and seven entries will see a place return. In a race with between eight and fifteen runners, all punters receive a place return should their selections be either first, second or third. Furthermore, it is not uncommon for bookmakers to pay out on horses finishing in fourth, fifth and even sixth place in even larger fields.
Depending on the size of the field and assuming your selection hasn’t won, your place return will be a fraction of the size of the return you would have received had your selection have been the event’s victor. This fraction will be displayed on the sportsbook web-page concerning the tie or race in question. Again, in horse racing the most common terms offered are 1/4th and 1/5th, whilst our previous FA Cup example is offered at 1/2.
It is unlikely that your bookie will pay out on three places (or 1/5) if a non-runner sends a field from eight to seven before the starter has waved his flag. Rather, near enough all turf accountants pay out in accordance with the number of gee gees at the start come race time and not how many were declared when the Each-Way bet was placed. You place your Each Way bet knowing that the payout terms may change subject to non-runners.
The key piece of advice would always be, however, to think before you choose to bet Each Way. It is less sensible to do so if your pick has odds of less than 5/1 as you would earn a lesser return than the amount you originally staked.
How many places are paid Each Way?
The number of places paid depends on the type of race and the number of runners, as shown by our table below:
What does “Win and Each Way” mean?
On a bookmaker website, you may see the phrase “ Win and Each Way “, either on your betslip or above a market:
Win and Each Way simply means that these odds are available for both win bets and Each Way bets. You may also see this written as “Win / Each Way” or “Win or Each Way”. Other types of markets may be “Place Only” – you win your bet if the horse places (it doesn’t make a difference to the odds if they win or not) or “Without the Favourite”. This market means you ignore the favourite for the result, but is normally available “Win Only” – i.e. not Win and Each Way.
Each Way Betting Tips.
We tip horses with prices up to 66/1 in our Singles, where just a place in the top three can return as much as 7/1. These are posted on our horse racing tips page every morning at 8.45am, and can be backed with a number of bookmakers in just one click.
How to place an Each Way bet.
If your each-way wager is declared the winner, you will receive both the return for the win and the return for the place. Let’s take last season’s Grand National as an example. Say you backed the eventual winner, Pineau De Re, with £10 Each Way at 25/1 . As the Grand National has a field of around 40 runners, the place return will be set at a quarter (1/4).
This means that you would have pocketed a return of ВЈ332.50 from your original ВЈ10 Each Way bet. Why? Because, remember, you receive a return for the horse winning:
and a return for the horse being placed:
Had Richard Newland’s horse failed to win and instead only grabbed a place, you would not get your hands on the win return, rather only the £72.50 for achieving a place. Still not a bad earner from a £20 bet!
Frequently Asked Questions.
Q: How many runners for Each Way? A: There must be a minimum of five runners in a horse race for Each Way betting to be available.
Q: How many runners for 4 places? A: There must be at least 16 runners for there to be 4 places. Additionally, the race must be a handicap – so a Maiden race would be 3 places even with 30 runners!
Q: Is Each Way always 1st 2nd and 3rd? A: Only if there are 8 or more runners (or 8 to 15 runners in a handicap race)
Q: How many runners in a race for an E/W bet to pay third place? A: At least 8 runners.


Each Way Betting Explained – What it Means and How to Calculate Winnings.
An each way bet is a bet made up of two parts: a WIN bet and a PLACE bet . Two bets of equal amounts are made; the first on a selection (horse) to win and the second on the same selection to place. A ‘win’ obviously means that the horse finishes the race first.
The first bet is on the horse to win – If the horse wins the race, this bet is won The second bet is on the horse to place – If the horse finishes in the top three (position may vary), this bet is won.
So if you were to bet ВЈ5 each way on a horse to win, your total stake would be ВЈ10. ВЈ5 would be on the horse to win, and then ВЈ5 would be on the horse to finish in the top three.
Each Way Betting In Summary.
An each way bet is a bet made up of two parts: a WIN bet and a PLACE bet . Two bets of equal amounts are made; the first on a selection (horse) to win and the second on the same selection to place. A ‘win’ obviously means that the horse finishes the race first.
When you bet each way, you have two bets; one for the horse to finish first, and a second bet for the horse to finish in the top four or five (varies according to by race). The winnings for the latter bet are calculated by applying the fraction (usually 1/4) to the original odds available.
Try out placing an Each Way bet on one of our exclusive Premier League Betting Offers.
How to Make an Each Way Bet.
To make the bet, there are three things you need to know.
The betting odds The number of places The each way fraction.
All three can be found in this example screenshot from Ladbrokes. We explain each in more depth below.
1) The betting odds.
These are shown for each horse on the right. For the purpose of this article, we’re going to assume you know how betting odds work. If you don’t, we have a dedicated article for learning how betting odds work .
2) The number of places.
These are shown in the top right (1-2-3). This refers to the position the horse needs to finish in for the place bet to win. In the screenshot, this is three (i.e. the horse must finish in the top three) but varies according to how many runners are in the race. A race such as the Grand National with more runners will often have more places.
3) The each way fraction.
These are shown in the top right (EW 1/5). This will be represented as a fraction. Because the chances of the horse finishing in the top three are greater than finishing first, the odds for the place part of the bet is reduced by the fraction provided. This is usually 1/4 or 1/5.
How to Calculate the Winnings in an Each Way Bet.
Remember that when you make your each way bet, you effectively have two different bets. To know on which odds you could place a Bet, come check out our selection of betting sites !
If the horse wins the race, then both bets win. The winnings can be calculated by adding the winnings of the two bets together.
If the horse doesn’t win but does place (i.e. finishes in the top three) then your first bet loses, but the second bet to place wins. The winnings can be calculated by taking the original odds and applying the each way fraction.
If the horse doesn’t win and doesn’t come in the top three, then both bets will lose.


Each Way Betting Explained.
What does Each Way mean?
What is Each Way betting?
Usually only offered in racing and ‘outright’ market contexts, an Each Way bet allows the customer to stake money on both their selection winning and finishing in one of the pre-set place positions (second, third etc.).
Why bet Each Way?
Each Way betting gives you a return even if your horse doesn’t win. For bigger price horses, this could still be at significant odds.
How does an Each Way bet work?
When you place an Each Way bet, you are actually placing two wagers for twice the stake. The first part of the bet concerns the win, and for you to see a return from this part of the wager, your selection must be declared the event’s winner.
Part two is named the ‘place’ bet and will produce a return if your selection either wins or finishes in one of the place positions. In horse racing, your nag finishing first or second in a field of between five and seven entries will see a place return. In a race with between eight and fifteen runners, all punters receive a place return should their selections be either first, second or third. Furthermore, it is not uncommon for bookmakers to pay out on horses finishing in fourth, fifth and even sixth place in even larger fields.
Depending on the size of the field and assuming your selection hasn’t won, your place return will be a fraction of the size of the return you would have received had your selection have been the event’s victor. This fraction will be displayed on the sportsbook web-page concerning the tie or race in question. Again, in horse racing the most common terms offered are 1/4th and 1/5th, whilst our previous FA Cup example is offered at 1/2.
It is unlikely that your bookie will pay out on three places (or 1/5) if a non-runner sends a field from eight to seven before the starter has waved his flag. Rather, near enough all turf accountants pay out in accordance with the number of gee gees at the start come race time and not how many were declared when the Each-Way bet was placed. You place your Each Way bet knowing that the payout terms may change subject to non-runners.
The key piece of advice would always be, however, to think before you choose to bet Each Way. It is less sensible to do so if your pick has odds of less than 5/1 as you would earn a lesser return than the amount you originally staked.
How many places are paid Each Way?
The number of places paid depends on the type of race and the number of runners, as shown by our table below:
What does “Win and Each Way” mean?
On a bookmaker website, you may see the phrase “ Win and Each Way “, either on your betslip or above a market:
Win and Each Way simply means that these odds are available for both win bets and Each Way bets. You may also see this written as “Win / Each Way” or “Win or Each Way”. Other types of markets may be “Place Only” – you win your bet if the horse places (it doesn’t make a difference to the odds if they win or not) or “Without the Favourite”. This market means you ignore the favourite for the result, but is normally available “Win Only” – i.e. not Win and Each Way.
Each Way Betting Tips.
We tip horses with prices up to 66/1 in our Singles, where just a place in the top three can return as much as 7/1. These are posted on our horse racing tips page every morning at 8.45am, and can be backed with a number of bookmakers in just one click.
How to place an Each Way bet.
If your each-way wager is declared the winner, you will receive both the return for the win and the return for the place. Let’s take last season’s Grand National as an example. Say you backed the eventual winner, Pineau De Re, with £10 Each Way at 25/1 . As the Grand National has a field of around 40 runners, the place return will be set at a quarter (1/4).
This means that you would have pocketed a return of ВЈ332.50 from your original ВЈ10 Each Way bet. Why? Because, remember, you receive a return for the horse winning:
and a return for the horse being placed:
Had Richard Newland’s horse failed to win and instead only grabbed a place, you would not get your hands on the win return, rather only the £72.50 for achieving a place. Still not a bad earner from a £20 bet!
Frequently Asked Questions.
Q: How many runners for Each Way? A: There must be a minimum of five runners in a horse race for Each Way betting to be available.
Q: How many runners for 4 places? A: There must be at least 16 runners for there to be 4 places. Additionally, the race must be a handicap – so a Maiden race would be 3 places even with 30 runners!
Q: Is Each Way always 1st 2nd and 3rd? A: Only if there are 8 or more runners (or 8 to 15 runners in a handicap race)
Q: How many runners in a race for an E/W bet to pay third place? A: At least 8 runners.


Each Way Betting Explained – What it Means and How to Calculate Winnings.
An each way bet is a bet made up of two parts: a WIN bet and a PLACE bet . Two bets of equal amounts are made; the first on a selection (horse) to win and the second on the same selection to place. A ‘win’ obviously means that the horse finishes the race first.
The first bet is on the horse to win – If the horse wins the race, this bet is won The second bet is on the horse to place – If the horse finishes in the top three (position may vary), this bet is won.
So if you were to bet ВЈ5 each way on a horse to win, your total stake would be ВЈ10. ВЈ5 would be on the horse to win, and then ВЈ5 would be on the horse to finish in the top three.
Each Way Betting In Summary.
An each way bet is a bet made up of two parts: a WIN bet and a PLACE bet . Two bets of equal amounts are made; the first on a selection (horse) to win and the second on the same selection to place. A ‘win’ obviously means that the horse finishes the race first.
When you bet each way, you have two bets; one for the horse to finish first, and a second bet for the horse to finish in the top four or five (varies according to by race). The winnings for the latter bet are calculated by applying the fraction (usually 1/4) to the original odds available.
Try out placing an Each Way bet on one of our exclusive Premier League Betting Offers.
How to Make an Each Way Bet.
To make the bet, there are three things you need to know.
The betting odds The number of places The each way fraction.
All three can be found in this example screenshot from Ladbrokes. We explain each in more depth below.
1) The betting odds.
These are shown for each horse on the right. For the purpose of this article, we’re going to assume you know how betting odds work. If you don’t, we have a dedicated article for learning how betting odds work .
2) The number of places.
These are shown in the top right (1-2-3). This refers to the position the horse needs to finish in for the place bet to win. In the screenshot, this is three (i.e. the horse must finish in the top three) but varies according to how many runners are in the race. A race such as the Grand National with more runners will often have more places.
3) The each way fraction.
These are shown in the top right (EW 1/5). This will be represented as a fraction. Because the chances of the horse finishing in the top three are greater than finishing first, the odds for the place part of the bet is reduced by the fraction provided. This is usually 1/4 or 1/5.
How to Calculate the Winnings in an Each Way Bet.
Remember that when you make your each way bet, you effectively have two different bets. To know on which odds you could place a Bet, come check out our selection of betting sites !
If the horse wins the race, then both bets win. The winnings can be calculated by adding the winnings of the two bets together.
If the horse doesn’t win but does place (i.e. finishes in the top three) then your first bet loses, but the second bet to place wins. The winnings can be calculated by taking the original odds and applying the each way fraction.
If the horse doesn’t win and doesn’t come in the top three, then both bets will lose.




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