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You can change your selection at any time by changing the country flag that appears in the top-right-hand corner of the main menu. Scoop 6 Races,Dividends. Yankee Bet Explanation. Lucky 63 Bet Explanation. Lucky 31 Bet Explanation.
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Betting expert Simon Rowlands explains the maths behind each-way betting advantage, and how to play smarter by using place terms in your favour. There can be few aspects of betting that are more misunderstood than each-way.
Some could not do without it, while others are dismissive of it, seeing it as an admission of betting weakness. The inference may be that they do not really fancy the horse to win and that an each-way recommendation is a fudge. However, there are circumstances in which each-way betting is eminently sensible, including to do with the nature of the horse or the race itself, and there are times when it makes perfect mathematical sense. A reminder that an each-way bet is effectively two bets in one: a bet to win, and a bet to place, with the odds for the latter derived directly from the odds of the former.
The standard place terms are as follows:. The great thing about the place part of an each-way bet is that such fixed rules for deriving place odds from win odds throw up opportunities in which place betting is mathematically advantageous to the punter even when win betting is not. It is also the reason why place-only betting is not allowed, unless it is in a dedicated place market. Otherwise, it would sometimes be possible to back every outcome to guarantee a profit.
When does this occur? Well, it depends. The each-way over-round will be the average of those two. Both will depend not only on the type of race and number of places on offer but the distribution of odds, such as whether or not they are being skewed by a short-priced favourite. As a guide, though, we can look at the reality of what actually occurs, such as in all Flat races in Britain in By contrast, it is seldom a good policy to back each-way rather than win only in plus non-handicaps or in 5- to 7-runner handicaps.
Patent Bet Explanation. Betting Terms Glossary. Scoop 6 Rules. Scoop 6 Races,Dividends. Yankee Bet Explanation. Lucky 63 Bet Explanation. Lucky 31 Bet Explanation. Lucky 15 Bet Explanation. Tote Trifecta Explanation. Tote Swinger Explanation. How to Calculate Bets. Tote Exacta - Explanation. Tote Quadpot - Explanation. Tote Placepot - Explanation.
Non Runners in Bets. Full Cover Bet Combinations. Dead Heat Explanation. Round Robin Bet Explained. Racecards Abbreviations Explained. Each Way Betting Explained. Work Out Double and Trebles Bets. Saturdays TV Races Channel 4. Work Out Number of Doubles in Bets. American Betting Odds Explained.