The potential payout has fluctuated, although it hasn't doubled as the stake did. Indeed, it rose from £55 to £72.50. Let’s explore the math behind these numbers.
At Which Bookie, we strive to make sure online gambling is as straightforward and enjoyable as it can be for everyone involved. Whether you're a newbie or have been placing bets for years, our comprehensive guides and tutorials are here to assist. Today, we're diving into the world of each way betting .
Sowhat does each way betting meanWondering where you can use these bets? Curious about their mechanics, the stakes involved, and your potential returns? We'll take you through all of that with practical examples. So get comfy with a cup of coffee, and let's break it down...
Will Smith, our resident horse racing expert at Which Bookie, has put together a video detailing the intricacies of each way betting and how to optimize your profits through strategic use of extra places.
Before we delve into this topic, consider checking out our page horse racing live streaming pag which offers direct links to all UK & Irish horse races available for live viewing.
 | Read Review | Visit |
 | Read Review | Visit |
 | Read Review | Visit |
 | Read Review | Visit |
 | Read Review | Visit |
 | Read Review | Visit |
Each way bets are a staple in horse racing, but they're versatile enough for other sports like greyhound racing, football, golf, and even tennis. Imagine placing an each way bet on England clinching the 2022 World Cup; your bet pays off if they're in the top 4 or as per the bookie's offer. We'll delve deeper into its application across these sports shortly.
This type of bet is usually placed when you're backing a contender with longer odds—meaning you believe it has a shot, albeit not the favorite in the eyes of the market.
An outright bet means you only win if your choice comes first, but each way betting provides a payout even if your pick finishes in the top spots, depending on the race terms.
When you opt for each way betting, your entire stake is divided into two parts , thus placing two separate wagers with a single bet slip. Select \"E/W\" on your slip, and half your stake backs your pick to win while the other half backs it to place .
If your choice wins, both wagers win, maximizing returns. And if it places, though the win bet loses, the place bet can still yield a profit based on the odds, granting a return even without an outright win.
Understanding what each way means is half the battle, but how do you actually place such a bet? Let's simplify it.
Here’s an Each Way Bet explained…
Let’s walk through an example using a horse race at 32Red Sport, known for decent each way conditions. The methodology is largely applicable elsewhere too. top online bookies .
We’ve picked a race at Newton Abbot and decided to back a horse called Thundering Home. In this case, there’s no particular reason for choosing this horse other than the fact that, with a name like that, we’re expecting it to win!
To do this, simply click your selection to add it to your bet slip and enter your stake. Current odds show the horse is 10/1, yielding a potential £55 return on a £5 bet.
However, in this case we don’t just want to back it to win. We’re not completely certain the horse will win, so we want to back it each way just in case another horse finishes stronger. So to do this you would just need to click the E/W button on the betslip. When you do that, you’ll notice that the total stake has changed to £10, because remember that we are actually making two separate wagers, each of equal value with £5 of our bet being placed on our horse to win and £5 on our horse to finish in a place position.
Notice how the potential winnings haven't doubled with the stake but have grown modestly from £55 to £72.50. Here's how that calculation works.
Now knowing how they function, let's calculate each way bet returns . Revisiting our earlier example will help illustrate, so let's explore further.
We've placed £5 on Thundering Home's outright win and another £5 on it placing. The win stake gets paid out normally; at 10/1, a £5 bet brings a £55 return.
The return on the place bet depends on the bookie’s place terms for this race. These can vary quite a lot, depending on how many horses are in the race, and also depending on the bookie themselves. Some bookies pay extra places on certain events, which gives you a better chance of winning. Today's Extra Place Races are always listed on this site here. .
The bet slip displays place terms. Our example reads:
Each Way 1/4 1-2-3-4
This indicates the bookie pays out at 1/4 odds if the horse lands in the top four. With win odds of 10/1, place odds stand at 2.5/1 or 5/2, returning £17.50 on a £5 bet.
Overall, if Thundering Home triumphs, both wager components win, totaling £72.50. Should it place second through fourth, just the place bet wins, turning our £10 stake into £17.50—a profit, despite the win miss.
Traditionally linked to horse racing, each way bets cater to the multicombinational nature of races, offering payouts beyond wins if your horse lands a place finish.
WhichBookie racing experts leverage extra places strategically
yielding greater long-term returns for followers. Each Way tips Bookmakers disclose place terms for each race available for bets. Though extra place offerings alter these terms, standardized industry terms offer a baseline.
Races with 1-4 runners only payout to winners, barring each way bets.
| Race Type / No. of Runners | Places | Odds |
|---|---|---|
| 1-4 Runners | 1 | - |
| 5-7 Runners | 2 | 1/4 |
| 8+ Runners (Non-Handicap) | 3 | 1/5 |
| 12-15 Runners (Handicap) | 3 | 1/4 |
| 16+ Runners (Handicap) | 4 | 1/4 |
In short:
Races hosting 5-7 runners pay out to the top two with place bets at 1/4 odds.
Events fielding 8-11 runners deliver for the top three, with place bets settled at 1/4 odds.
Handicap races have 12-15 runners pay for the top three at 1/4 odds and 16+ runners rewarding the top four at 1/5 odds.
For major events like the Grand National, bookies extend numerous additional places, also offered daily by Betfred, Bet365, William Hill, Coral, Ladbrokes, and Betfair, with WhichBookie providing free
We've unpacked horse racing, and the parallel holds for greyhound racing. Clear when pinpointing race winners, but what about other sports? Cheltenham EW tips for the upcoming festival races.
In outright tournament markets, each way bets shine. A well-placed wager on a golf tournament victor can see bookies paying up to six places for the place element, even ten in majors like the US Masters, ensuring returns if your golfer finishes in the leading top 10.
Given the challenge of picking outright winners, seasoned bettors exploit this avenue for potentially lucrative returns where odds are sky-high, compensating even when your pick merely places.
In football, each way betting blankets League or Tournament outright markets. Terms fluctuate by bookmaker and competition stage. Early in the Premier League season, expect 1/4 odds 1,2,3 or 1/4 odds 1,2 which may shift as teams narrow. For knockout stages like the FA Cup or Champions League, typical terms are 1/2 odds 1,2.
Tennis, akin to football, sees each way bets applied to Tournament outright markets. Pre-tournament terms usually offer 1/2 odds 1,2 supporting your player reaching the finals.
The Perks of Each Way Betting
Overall, each way bets carry lower risk than direct win bets.
What are the drawbacks of Each Way bets?
Another drawback is that successful bets yield smaller returns than same-value win bets due to the security of placing flexibility. Also, profit isn't guaranteed from placements, with odds directly affecting payouts. For instance, a £5 each way bet (£10 total) on a 4/1 horse with 1/4 place odds results in:
Fred Winter Juvenile Handicap Hurdle Predictions
National Hunt Chase Challenge Cup Forecasts
Albert Bartlett Novices’ Hurdle Insights
St James’s Place Festival Hunter Chase Analysis
At Which Bookie, we strive to turn the world of online gambling into a straightforward and enjoyable experience for everyone, irrespective of their level of expertise. That's the reason why we offer an array of helpful guides and tutorials , catering to both rookies and seasoned bettors. Today, we'll delve into the concept of each way betting .
What kinds of sports are they applicable to? How do they function, what are the stakes involved, and what can you expect in terms of returns? We'll break it down completely, illustrating with practical examples. So go ahead, grab a cup of coffee, settle in comfortably, and let's dive right in.
Gambling Basics – Unraveling the Concept of Each Way Betting
Watch Video: Gambling Basics - Unraveling the Concept of Each Way Betting
Before diving into these details, it might be useful to check out our
If your horse or team triumphs, both segments of your bet come through, netting you the ultimate return. Should it place, the win portion falls through while the place bet succeeds. Based on the odds, this still positions you to potentially pocket a reasonable profit.
Did We Answer Your Question?
So, now that you understand what this means, the question is — how do you actually place an each way bet? It's not as challenging as it might seem. let us know. We’d be glad to hear your feedback.
| | Read Review | Visit |
| | Read Review | Visit |
| | Read Review | Visit |
| | Read Review | Visit |
| | Read Review | Visit |
| | Read Review | Visit |
Top Casinos
Top New Bookmakers
Top Offers
The potential payout has fluctuated, although it hasn't doubled as the stake did. Indeed, it rose from £55 to £72.50. Let’s explore the math behind these numbers.
Having familiarized yourself with how these bets work, you might wonder, how do you determine the returns on an each way bet ? Let’s revisit the prior example and dissect it.
Top Rated Bookmakers
Daily listings of Extra Place Races can be found right here on this site
Examine your betslip again and you'll find place terms clearly spelled out. Revisit the prior scenario, and note how it states:
This implies that the bookmaker offers 1/4 of the win odds if the horse vines in any of the first four positions. With win odds at 10/1, the place odds equates to 2.5/1 (or 5/2 for standard representation). Consequently, a place stake of £5 at 5/2 earns a £17.50 return. Thus, if Thundering Home indeed claims victory, both segments of the each way bet turn out successful, culminating in returns of £55 plus £17.50, tallying up to £72.50.
Best Football Bookies
