Sports Betting News
The win bet portion of an each-way bet involves backing a selection to win an event, whilst the place bet portion involves backing the same selection - with an equal stake - to finish in a particular place. If your selection wins the event, both portions of your bet will pay out. If your selection doesn't win but is placed, your bet will pay out on the place portion only.
The odds offered for the place portion of the bet are typically a fraction of those offered for the win bet. Bookmakers typically determine the places that they pay out on for a place bet, and this can differ not only from bookmaker to bookmaker , but also from event to event. Betfair, for example, extends the available finishing positions out to the first five places of a bet on the Grand National, but not all bookmakers will offer as many potential payouts as this.
Calculating the returns you stand to make from an each-way bet involves combining the odds offered on the win bet and the place bet. Each-way betting requires a sporting competition in which there is a winner, as well as multiple participants who are ranked in place order below them at the end of the event. Sporting events such as football, boxing, rugby and tennis matches only offer a winner and a loser, whereas horse racing, greyhound racing, and cycling competitions involve multiple competitors who are all ranked in respective positions at the end of the event.
Similarly, tournament-based competitions like the football World Cup offer opportunities for each-way bets, given that the competition ends with a winner, a runner up, and teams finishing third and fourth. The most common structure for each-way betting terms in UK sporting events does not allow any place betting on races with between two and four runners. If the race has between five and seven runners, place betting is typically available on the first-placed finisher, and also the second-placed finisher at one quarter of the odds of those listed for the winner.
A race with eight or more runners will normally provide each-way betting options that include the first, second, and third place finishers, with the third place offered at one fifth of the odds of the winner. There are special rules that apply to handicap races when it comes to each-way betting. The task of predicting the place finishes of, for example, horses in a handicap horse race is made considerably more complex by the fact that - in theory at least - every horse has an equal chance of winning the race.
Because handicap races are considered to be harder to accurately place each-way bets on, bookmakers typically offer an extra placed finish as an option in each-way bets on races involving 16 or more runners, at a quarter of the odds of the winner. With horse racing being one of the most popular sports for each-way betting, it is worth bearing in mind that each-way bets can be affected by the withdrawal of horses from a race.
But do they make th The Betfair golf team struck their 20th return of the year when Brooks Koepka placed at Firestone last week and the big-hitting American is part of the team It's the final major of and Dave Tindall has three each-way selections for the showdown at Bellerive OK, I get it.
Each-way selections for this week's main event Lucas Bjerregaard's Omega European Masters playoff defeat denied the BB golf team a fourth consecutive tournament winning selection, but the in-form column i Read more Join today View market. Omega European Masters View market Editor 04 September Leave a comment.