betting terms each way magic

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As sports leagues have been put on pause so has the gambling industry. Unlike most of the other things on this list, there are some sportsbooks actually taking bets on the weather. For instance, Bovada is taking wagers on the temperature in multiple cities. Daytime TV is loaded with mind-numbing content that may need a bit of gambling to spice things up.

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Betting terms each way magic

If you don't get TVG from your cable or satellite provider, you can still watch all the action through the wonderful world of the internet. Live video streaming is provided free by a few tracks too few, if you ask me. Tampa Bay Downs, for example, is one track where you can go to their website and watch all of their races live. They also provide free replays. Keeneland also provides live steaming during their spring and fall meets. If you want to watch the action from all tracks over the net you can usually watch through a wagering website if you are a registered member.

The next section deals with wagering websites, or ADWs. Just watching horse racing is great, but the true thrill of the game is the ability to put your money where you mouth is and bet on the horses. If you want to wager on all the action and you don't want to drive to your local track or OTB, AND you live in a state that allows ADW Advance Deposit Wagering , you can wager over the internet or the phone through one of several sites.

Below is a list of a few of the larger ADWs that people use to wager. Every site is different; some provide free video streaming, others charge a monthly fee or a "per wager" fee depending on your handle, and some give you rebates depending on how much you wager. If you decide to sign-up with an ADW, make sure you read all of the rules and requirements. Many ADWs are going to no-wagering fees and free video, but you should always do your homework before you leap.

Make sure you check what tracks each site allows you to bet on because you don't want to sign up with an ADW that doesn't allow you to bet on Keeneland if you really like to bet Keeneland. Go to one of the websites and try to sign-up. When you put in your address, the system will let you know whether they can take bets from you or not.

Below is a short list of the big, well known ADWs. There are many others out there - some good, some not so good. We make no representation about any of these; some we've used in the past, others we've never played with. Okay, with that little bit out of the way, let's take a look at the betting lingo and the types of wagers one can make on an equine athlete. Below is the smorgasbord of wagering opportunities offered by Churchill Downs on Derby Day:.

WIN: A bet on a horse to win if you don't know this you probably shouldn't be betting. Those are the standard bets that everybody is familiar with. They are simple, straight forward, it's easy to calculate the cost, and they are easy to make.

Where things start to become more complicated is with what are known as the exotic bets. Below are the exotic wagers offered by Churchill Downs this weekend:. Wagering on horses is done via pari-mutuel wagering, a system of wagering where each player is betting against other players, not the house. The odds represent what percentage of the total pool each horse is receiving.

Below is an odds-percentage conversion chart for typical odds in horse racing. To figure you how much you'll get paid if you hit your win bet, simply divide the numerator of the odds by the denominator, multiply that number by the amount bet, and then add the amount bet. Place and Show payouts are more difficult to calculate since tracks don't display the odds on those bets. Usually, they pay less than half what the winning odds play unless the horse is a huge longshot and the favorite doesn't finish in the top three.

Figuring out the payouts on exotics are a mixed bag; tracks display the "Will Pays" for exactas and daily doubles, but you won't have a clue as to what your trifecta, superfecta, Pick 3, etc. Generally speaking, trifectas and superfectas will return larger amounts, but be careful, playing all the favorites in a trifecta is likely going to return a small amount especially when compared to how much your bet cost. The key to hitting larger scores is to find some longer priced horses to play along with shorter priced ones.

We've got all of these exotic bets where you're trying to pick the order of finish or the winners in multiple races. Many first time bettors think that to play a exacta or tri or any other exotic requires you to use just two or three or four horses in your play. You can select as many horses as you want but the more horses you select, the more expensive your ticket becomes. The first step in determining what a specific bet will cost is to know the minimum amount required for each bet.

At Churchill Downs, here are the minimum amounts required for each bet offered:. Two additional exotic betting terms that are relevant to wager cost are "BOX" and "WHEEL", and they apply specifically to exactas, trifectas and superfectas. For example, say you like the 1, 2, and 3, you want to play them in an exacta but you don't know which one you want to pick on top to win. You could "BOX" those three horses in an exacta and you would win if any of those three finish first and second.

For example, let's say you like the 1 to win, but think the 2, 3 and 4 might finish second. In that situation you would bet an exacta wheel where the bet would be set up to pay if the 1 wins and either finish second. If any of win and the 1 finishes 2nd, you would not win with that exacta wheel.

You might be thinking, "Why would anyone NOT box an exacta, trifecta, or super since our picks can finish in any order, while with a wheel there is less margin for error? A box bet is calculated by multiplying the bet amount by the total number of horses selected, and then multiplying that by the total number of horses selected, minus one.

Or, stated another way:. Make sense? For trifecta and superfecta boxes you calculate the cost the same way but keep subtracting one from the total number of horses in each leg. For example:. You can see how the costs start to escalate in a box situation since you're playing every possible combination with those numbers.

With a WHEEL bet, the cost is kept down but you need to decide which horses you like in certain positions. Let's take the above situation again. Let's say you like the 1 and 2 to win, but think any of those five could finish 2nd. Here is how you would calculate that bet cost:. Because you are using the 1 and 2 in both the win and place slots, you calculate the wager by multiplying the number of horses in the first leg by the number of horses in the second leg, minus one.

If you excluded the 1 and 2 from the second position but still used five horses, the bet would calculate as below:. Right away you can see that an exacta wheel bet costs about half as much as the box situation since you are playing fewer combinations. There's a higher risk, but the rewards and profit margin are better since you are not wasting money on combinations that you don't believe will come in.

Saying "with" is how you separate horses from the first, second, third or fourth positions to the clerk. And always check your ticket before you walk away. Calculating trifecta and superfecta wheels follows the same formula as the exacta bet above. However, if you want an easier way to calculate your wagers, you can find a variety of waging calculators on the web, including a nice one at WinningPonies. Different horses may prefer different ground conditions and may only show their best form when the horse is matched to their preferred "rating" track.

Some prefer hard and fast, while other can shine when they have to plough through conditions that are reminiscent of the old Athletic Park on a bad day. How a horse has performed on various track conditions can be found in their racebook form such as F G D S H Checking the conditions on the day and comparing to your selection may help to pick a winner based on previous form.

At the very least you'll use your race book for the race number usually there are races on a raceday , and runner number that's your horse's number in the race, which it will also wear on its saddle cloth. But there's a wealth of information in the string of numbers by each runner's name. He'll be wearing it, and if you pick him, it's the number you'll give the TAB operator.

The numbers in the form column refer to the last five races No Hero has run, and they read from right its latest race to left. The handicapper at the racing club sets these weights for each horse, to equalise their chances. Mares and apprentice jockeys may get an allowance to reduce the carrying weight in some races. Watch for this.

Jonathan Riddell is the name of No Hero's jockey for the race. There is usually a lot more information available in the race books including the colours worn by the jockey, the horses "rating" which the handicappers use, a description of how it ran in its last few races and who it ran against, how much money its won, its connections owners , breeding, and trainers. There are normally guides in the racebook or at the Office at Trentham. If all else fails, ask someone.

Everyone had to learn somehow. If your pick wins you collect win and place dividends; if it comes second you collect the place dividend. There is normally a section in the race book that explains this, or just ask at a tote. Normally the harder they are to pick? The greater the reward! These special offers are normally advertised on the day. Check your ticket and make sure there's no mistake or misunderstanding before you leave the window.

The rules are, in the 30 minutes before the race starts, you have 2 minutes to cancel a win, place or quinella bet if a mistake has been made. Some canny punters advise, if the ticket issued is wrong, keep it, and also put on the bet you meant to — because you'd really kick yourself if the bet you cancelled, won!

When you've gone woo-hoo because you've picked a winner, wait for the announcement of the race results before going to the TAB operator to collect. Beginners guide to betting Never placed a bet before? Pick up a race book at Trentham or get the guide from the paper or download from the link above Racebooks are pocket and handbag sized, and once you get the hang of it, easy to refer to. How do I put a bet on?

What do I say? How do I pick a winner? Take a lucky pick Choose your lucky number. View the horses at the birdcage or parade ring Before the start of a horse race, the runners are paraded. Good looking?

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Such fixed rules, in which place odds are crudely derived from win odds, are likely to lead to anomalies, especially at the points at which you move from one category to the next. Specifically, these were for: 8-runner non-handicaps If allowed to back place-only, you could at least in theory guarantee a profit whatever the outcome.

But, you will recall, you cannot back place-only for this very reason! This gives less exciting findings — the golden goose of a theoretically guaranteed profit has suddenly flown off! The lower the point on the graph, the better, for that means the theoretical edge to the bookmaker is smaller. It can be seen that 8-runner races handicaps and non-handicaps are good, as are runner handicaps if less so and runner and runner handicaps.

Each one of those scenarios comes at, or just after, a shift from one each-way category to the next. Those figures are averages across a large number of races for the entirety of a year of jumps racing in Britain, and there will be instances that are more or less favourable than that average.

In particular, things get much more interesting when the market in question is lop-sided. In such cases, each-way betting can become very attractive indeed. The possible illustrations here are well-nigh infinite, so a couple of extreme examples have been chosen.

The effect on the place part of the bet is major. The latter proposition is considerably more attractive than the former, all other things being equal, and you still have not considered extraneous factors, such as that a horse under consideration may have a much better chance than as represented by a crude derivation from its win odds.

Such considerations may be strong enough to over-rule the mathematics on occasions, but each-way punters could do a lot worse than concentrating on those instances in which the balance is tipped in their favour. There is no higher recommendation for this than that your bookmaker may well not be especially keen on your custom if you adopt such an approach! Free bets valid for 7 days, stake not returned. New users only. Awarded as 4 equal free bets total first deposit amount.

Odds boosts: Odds boost crediting relies on marketing comms opt-in. Unlocked on deposit. Winnings credited in cash. Bet Slip. My Bet Slip -. Url copied to clipboard. Flagged Up: Thursday 11 February View. Timeform Filter: Wednesday 10 February View. Stat Selector: Wednesday 10 February View. Flagged Up: Wednesday 10 February View. Four horses to watch out for this weekend View. Horse racing free bet offers. Read Coral Review.

Read BetBull Review. T: Michael Attwater. NRs: 2. J: Daniel Muscutt. T: Ronald Harris. J: Adam Kirby. T: John Butler. J: David Probert. 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. 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.

PREDICTION SITES FOR BETTING

Never placed a bet before? Or perhaps you have, but now you're planning your first trip to the racetrack. Don't let fear of the unknown put you off — there's plenty of ways to have a flutter. Racebooks are pocket and handbag sized, and once you get the hang of it, easy to refer to. The race book lists all the races for the day, and the runners in each race, along with form for each one — that's how they've been performing recently.

It'll give you the all-important race numbers and runner numbers — and this guide tells you how to start making sense of the form as well. Go up to a betting window, and talk to the TAB operator. There will be a queue if a race is starting soon. The cardinal rule is, get your bet on early.

The number of the runner — that's the number on their saddlecloth. How much you want to pay for your bet. There's no magic formula, and the experts don't always get it right. Here's a look at picking for three levels of expertise Choose your lucky number. Watch out for the jockeys' silks that's the name for their colourful jacket and hat , and pick your lucky colour. Or back your lucky number in each race — odds are you're bound to have a win during the day.

Lucky wins from random picks have a long and honourable tradition. If you want to get a bet on but can't decide what to back, ask the TAB operator for an Easybet. Before the start of a horse race, the runners are paraded. Also watch them on their way to the start line. Once the horses leave for the start you have about 10 minutes to place your bet. Look for a horse striding around purposefully, calmly taking in what is happening, looking alert and focused, coat well groomed looking strong and muscular.

If you see a horse do that, back it at your own risk! You'd be wise to avoid a horse that is charging around pulling the arms out of its groom and generally misbehaving. Likewise any you see loping around lazily like a labrador looking for somewhere to lie down. Also beware a horse whose coat looks dull or who is sweating-up a lot.

A little bit of sweat is often a good sign but profuse sweating, especially between the legs never a good thing in man or beast signals an agitated, nervous horse unlikely to run well. Different horses may prefer different ground conditions and may only show their best form when the horse is matched to their preferred "rating" track.

Some prefer hard and fast, while other can shine when they have to plough through conditions that are reminiscent of the old Athletic Park on a bad day. How a horse has performed on various track conditions can be found in their racebook form such as F G D S H Checking the conditions on the day and comparing to your selection may help to pick a winner based on previous form. At the very least you'll use your race book for the race number usually there are races on a raceday , and runner number that's your horse's number in the race, which it will also wear on its saddle cloth.

But there's a wealth of information in the string of numbers by each runner's name. Such considerations may be strong enough to over-rule the mathematics on occasions, but each-way punters could do a lot worse than concentrating on those instances in which the balance is tipped in their favour. There is no higher recommendation for this than that your bookmaker may well not be especially keen on your custom if you adopt such an approach!

Free bets valid for 7 days, stake not returned. New users only. Awarded as 4 equal free bets total first deposit amount. Odds boosts: Odds boost crediting relies on marketing comms opt-in. Unlocked on deposit. Winnings credited in cash.

Bet Slip. My Bet Slip -. Url copied to clipboard. Flagged Up: Thursday 11 February View. Timeform Filter: Wednesday 10 February View. Stat Selector: Wednesday 10 February View. Flagged Up: Wednesday 10 February View. Four horses to watch out for this weekend View. Horse racing free bet offers. Read Coral Review. Read BetBull Review. T: Michael Attwater. NRs: 2. J: Daniel Muscutt. T: Ronald Harris. J: Adam Kirby. T: John Butler. J: David Probert. T: Mark Loughnane. J: Marco Ghiani 3.

T: Stuart Williams. J: Shane Gray. T: David O'Meara. J: Thore Hammer Hansen 3. T: Richard Hannon. NRs: 4. J: Lewis Edmunds. T: Roy Bowring. J: Mark Crehan 5. T: George Boughey. To help personalise content, tailor your experience and help us improve our services, Timeform uses cookies. By navigating our site, you agree to allow us to use cookies, in accordance with our Cookie Policy and Privacy Policy.

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Each Way Arbing Part 1: How to Identify an Each Way Value Race - Beyond Matched Betting

Out of these cookies, the process of building our own necessary are stored on your browser as they are essential watch this space for the latest updates. Close Privacy Overview This website our betting terms each way magic calculators page for be changed paralympics singapore football betting first 3 the website. In this example, we are you if you are confused. We also use third-party cookies are 2 places, which means understand how you use this. On your betting slip, you will see a small box also win the bet if Each Way 1 - 2. Again, feel free to use upon settlement of bets to value of qualifying deposit. We assume you know what win, the second on the. These cookies will be stored from Country. Tick the box, and your. We are currently in the same number of horses; because you will also find it for plenty of other sports including football and golf.

- This popular. SOUTHWELL. 1st, George Rooke silk, 1. MUKHA MAGIC, 13/f. 2nd, Ben Curtis silk, 6½, 6. MR CARBONATOR, 11/ J: George. Not all odds have the one stake fraction. There will be times when 7/2 odds are offered, which is a cleaner way of writing /1. horse racing.