What is an each way bet? This bet can generate a return even when your selection doesn't win outright. Discover how the returns are calculated and follow the detailed examples. Double bet calculator - For an each way wager with 2 selections, use this calculator. Please be sure to manually select the Each Way option from the dropdown box. Both selections must at least place to gain a return. Treble bet calculator - Combine 3 selections into an each way treble and calculate the returns with this calculator.
Just choose the option from the drop down menu and enter your details. Note that all selections must finish in a placing position to achieve a return. Accumulator bet calculator - Supports up to 20 selections in an each way accumulator. Choose your options and enter the odds for the returns to be calculated.
Supports rule 4 deductions, dead heats, non runners, fold betting and more. An Each Way bet is essentially split into 2 bets. The first part of the bet is a WIN bet on your selection, and the second is that they will PLACE , the place bet will vary per race or event, but it will generally be to finish in the top 4 or 5.
The place portion of the bet will be represented using a fraction of the winning odds. If your selection wins, you will receive both these returns if they place then you will only receive the second returns for that portion of the bet. The main advantage of an Each Way bet is that it increases your chance of a win.
If the odds are long already then the potential returns if your selection places may still be attractive. On the downside Each Way bets require a greater initial stake as your stake is essentially doubled and if your selection already has low odds then the returns may be significantly less attractive once you discount the win portion of your stake. In an Each Way bet, the place portion of your bet will typically vary depending on the number of runners. Generally, up to 5 runners will be win-only, up to 7 runners will have 2 places, and up to 11 runners will have 3 places.
Each leg of the multi will involve equal staking on a runner for the Win and the Place. Should either or both of these be successful the monies won will then roll over onto the runner in the next leg, again being staked equally onto the runner's Win and Place dividends. An Each-Way Multi will be successful if the selection in each leg successfully wins or places. An Each-Way Multi bet will lose as soon as a runner fails to run a place. Autumn Racing Carnival.
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