Each Way Putting on Horse Racing Explained

 

 The main point to understand with each way putting is that largely you're placing TWO alike sized bets one part is a bet on the nag to win the race and the new part is a bet on the nag to place in a race i.e. finishing in the places 1st, 2nd, 3rd or yea 4th in some types of races. 

 Supposing about Each Way Staking in this way as two separate bets will make it far easier for you to understand each way staking. 

 

 For Example 

 Notwithstanding, so the total cost of the bets is so£ 20, If you placed a£ 20 EW (each way) bet on a nag in a race your two bets are a£ 10 bet on your nag to win and a substitute£ 10 bet on your nag to finish in the places. The triumph part of the bet is fairly easy to understand it's the same as if you had put£ 10 to win bet on the nag concerned. Explaining how the place part of the bet is settled by your bookmaker is a little bit more complicated and depends on the type of race you're putting in. The following explains how the bookmaker's rules for settling each way bets works. 

 

 2-4 Runners-No place putting allowed 

 5-7 Runners-1st and 2nd pay1/4 of the odds 

8 Runners-1st, 2nd and 3rd pay1/5 of the odds 

.12-15 Runner Handicap Races-1st, 2nd and 3rd pay1/4 of the odds 

.16 Runner Handicap Races-1st, 2nd, 3rd and 4th pay1/4 of the odds 

. As you can see from the preceding illustration, races with up to 4 runners are win only ( so each way laying isn't offered by Bookmakers). 

 You'll also notice that handicap races are treated in a different way. Theoretically all the steeds are given different weights to carry. The'weighting process'is collected by an Official Handicapper and its his job to try to arrange for all the steeds in the race to actually finish together in a straight line! So prophecy which steed will finish placed is considered a more tough task (the punter may make a mistake with one or two steeds but surely not with the whole field.) So for the purposes of Each Way Wagering in negatives the bookmakers offer refined place terms i.e. one quarter of the odds instead of one fifth and in fields of over 16 runners they generally offer one surplus place position (1st, 2nd, 3rd and 4th). 

 

 Each- Way Bet Sample 

 You decide to place a£ 10 EW bet on Loopylu in the2.30 at Newmarket at odds of 10-1 (the race is an 8 runner race non handicap, so the EW terms are1/5 of the odds for 1st, 2nd or 3rd place.) 

 

 Your bookmaker will take the£ 20 stake out of your gambling account (remember£ 10 EW is TWO£ 10 bets) the first bet is a£ 10 palm bet at odds of 10-1 and the second is a£ 10 bet at odds of 2-1 (2-1 being1/5 of 10-1) the utility bet is for Loopylu to finish placed ( i.e. 1st, 2nd or 3rd.) 

 Now there are 3 different aftereffects for this bet as follows 

 

 1. Loopylu Does not Win or Place 

 Loopylu finises in none of the places (1st, 2nd or 3rd) i.e. 4th or worse, so if this outgrowth was to do you have lost both your£ 10 triumph bet and your£ 10 place bet so in this case the total loss is£ 20. 

 

 2. Loopylu Places but Does not Win 

 Loopylu finishes 2nd or 3rd but does not win. There's no difference between 2nd and 3rd; they count as the same i.e. they're both"a place". So if this resultant was to hap, remembering that your£ 10 EW bet is two bets (£ 10 victory and£ 10 place) your victory bet of£ 10 has lost and your£ 10 victory stake remains with the bookmaker. Notwithstanding your£ 10 place bet has won and your return at 2-1 (2-1 being a1/5 of the odds) = £ 30, that is£ 20 profit and your original£ 10 place stake. So the overall profit on this bet is£ 10 (you staked£ 20 (£ 10 EW) and took£ 30 back.) 

 

 3. Loopylu Wins the Race 

 Notwithstanding, 2nd or 3rd, If Loopylu wins the race either both of your bets are winners as a triumph also counts as a place (1st.) 

 

 So if this effect occurs the triumph part of your bet returns£ 110 i.e.£ 100 profit at 10-1 and your£ 10 original stake. 

 However the place bet of your bet has also won and as before explained above in number 2., that bet returns£ 30 (£ 20 profit and your£ 10 original place stake). 

 

 So the total return in this prototype is£ 140 i.e.£ 120 profit and the original£ 20 stake. 

 Sometimes bookmakers will offer enhanced place terms on races with well in excess of 16 runners, a good representative is the Grand National which normally has over 30 runners, and in this representative multitudinous offer a1/4 of the odds for a steed finishing 1st, 2nd, 3rd, 4th and 5th and sometimes yea 6th. 

 

 Having explained the notion of how Each Way Staking on steed racing works I would like to point out that the placing of Each Way Single Bets is only one of my recommended approaches to staking.