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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.
Therefore, we assume no responsibility for actions taken as a result of information on this site which does not constitute advice and always recommend you to check terms and conditions before placing any bet. 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.
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Trying to calculate place odds for each way bets requires a little more understanding. For example: if we back a horse at For instance, if all but one of your selections wins and the remaining selection only manages to be placed, the WIN element of the bet is void. The same outcome would occur if one selection wins but the remaining selections only manage to be placed. Still, you will receive a return for the place element of the multiple each way bet. If just one of your selections fails to win OR place, the entire multiple each way bet is void.
It is important to remember that should your first selection win, the returns from that bet DO NOT become the stake for subsequent selections. If one of your two selections wins but the other only manages to place, the win element of the each way double is void. If one of your three selections wins, but the other two only manage to be placed, the win element of the each way treble is void. An each way accumulator follows the same principles as an each way double or treble. The only difference is that the number of selections made is chosen by the bettor instead of the bookmaker.
The each way odds are equivalent to, or are in excess of, 5. The odds are then in your favour, insuring that your win bet and total stake are covered, should your selection finish in a specified place. You are not considering the favourite in the market.
Your selection has high odds but you still feel that it has a very good chance of finishing in one of the specified places. The each way odds of your selection are less than 5. In this instance there is no value in betting each way. You would only be minimising your potential losses as opposed to covering your win bet stake.
OddsMonkey have built a whole suite of tools designed to help you earn money through different aspects of matched betting. EachWayMatcher helps you find the latest odds and make money from horse racing, without the need for free bets.
As we all know, the only way to make a long term profit from betting is to only bet when the odds are in our favour. The Value Horse Method shows you how to do just that by selecting horses that offer you tremendous value. It's very well written, easy to understand and is a real GEM of a product.
I personally use the method every day of every week. Racing Synergy is a low cost professional software tool by the "betting automation" team, that allows you to easily find overpriced horses that are therefore offering tremendous value. Then its over to you to simply back them or trade them as arbitrage bets. My favourite software solution by far! I like the fact that he does not promise the Earth with rediculous claims of winnings, but demonstrates how long term steady profits are achievable by laying certain favourites.