How do each way doubles work

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Save my information. So another example to illustrate. Scenario 1 — both players finish in places without any ties. In this instance your win bet has lost. The place bet has won however and returns you the following:. Scenario 2 — both players win. Crack open the champagne! Picking one winner in a field of odd players is hard enough, let alone picking 2 so well done! This kind of bet provides a good way of hedging your bets while offering the opportunity of a handsome profit should one or both of your selections win.

A real sickener. To win big money, every horse in a multiple bet has to win. I actually think each way multiple bets are poor value. I prefer to do several seperate each way bets. More outlay, but far less risk. Many moons ago I places an each-way double bet after being informed that these are the bets that bookmakers hated to take. Surprisingly both selections won. Being an independent bookmaker I had no redress, Miserably I took the meagre winnings after making a complaint.

On getting home I calculated that only the place section of the bet had been honoured. When I spoke to a bookmaker of one of the Big Four I was told that this indeed was the correct way to calculate each-way doubles by concentrating upon the place element only.

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. What is the World Matchplay? The World Matchplay is an annual darts tournament, sponsored by Betfred.

It marked a welcome. What is the Champions League Final?