The winnings can be calculated by taking the original odds and applying the each way fraction. Work out your winnings with our each way bet calculator. Example One. The horse finishes 1st. Example Two. The horse finishes 2nd. Example Three. The horse finishes 4th. For some sporting events, there are no strong favourites and each selection is priced long. In such a market, it is much harder to predict who will win, but the long odds results in favourable odds even after the fraction has been applied.
Some would, therefore, consider each way betting to be lower risk, lower gain approach to betting. A second consideration is the odds after the fraction has been applied. If the odds are low to start with, once the fraction has been applied the potential winnings might be not so attractive. Some may perceive the lower risk, lower gains as a potential drawback.
In this article, horse racing has been used, but it is possible to bet each way on a range of sports. Golf is another sport for which this betting technique is popular. Yes, it is possible to bet each way on an accumulator. When you place an each way multiple, you again have two different multiples. One multiple is for all of the win bets to come in, and the second accumulator is for all of the place bets to come in.
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Don't gamble unless you know the facts. Being responsible about gambling means knowing whether to gamble, how much money or how much time. Read more about Gambling Safety here. Each Way Bet Calculator. Enter Bet Details. Well, if you have ever visited the horse racing page of any major bookie, you have probably seen an option for each-way EW bets. In this article, we will explain each-way betting and when you should consider an each-way bet. Exchange bets excluded.
Payment restrictions apply. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Free bets valid for 7 days, stake not returned.
New customers only. Only deposits made using Cards or Apple Pay will qualify for this promotion. Play Safe. You bet twice. One on a horse to win, the second on the horse to place. A win means that the horse finishes first, and place means that the horse finishes in the top two, three or four. Here is a short but concise summary of each-way betting:.
Each-way betting is very simple. You can find the EW option on your betting slip when you choose a horse to win. In this example, we are betting on Verbal Fencing at the Curragh race. The odds for a win are at We will use the Betfair sportsbook. The maths behind this is very simple.
In this case, we lose the win bet but win the place bet. On your betting slip, you will see a small box — this gives you the option of placing an EW bet. Tick the box, and your stake will be doubled into two bets. While you can go about calculating your bets with an each-way calculator, most betting sites show you exactly how much you can win by ticking the EW box. This is obvious. 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.
This audio player requires Flash. Install Flash plug-in on your browser or use Chrome. Login Join. Select Racing 2. Select the Track that you would like to bet on. Select the Race you would like to bet on. Select First 4 from the Top Menu. Select the horse that you would like to place 1st, 2nd, 3rd and 4th. You are able to select more than four horses, although the amount won will be less.
Trackside Promotions Notices Help Centre. Horse Racing. Horse Racing Tips. Spring Carnival. Autumn Carnival. Winter Carnival. Melbourne Cup. Melbourne Cup Tips. Melbourne Cup Field. Cox Plate. Caulfield Cup. The Everest. Golden Eagle. Victorian Derby. Lightning Stakes. Blue Diamond Stakes. Oakleigh Plate.
Futurity Stakes. Australian Guineas. Surround Stakes. Chipping Norton Stakes. Newmarket Handicap. Australian Cup. Randwick Guineas. All Star Mile. 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. Unsourced material may be challenged and removed. Categories : Wagering. Hidden categories: Articles with short description Short description matches Wikidata Articles needing additional references from September All articles needing additional references.
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