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For a big horse race, golf tournament or even football competition, having a bet each-way means that you can make money even when your selection doesn't win. What is an Each Way bet? Each Way Golf betting allows a bettor to place a bet on a player not just to win, but also to place. Essentially, you. Each way each way bet golf meaning of the bet will be settled as a place, with the stake divided by the number of players tied for the place, multiplied by the number of places. The each-way terms offered mean that if the horse finishes in the first four places, your bet is paid at 4/1 (a quarter of the odds offered). If the horse wins.
The calculation then is as follows:. Now the same principle applies to each way doubles in that there are 2 bets being made — a win double and a place double. This is often where the confusion arises if one player wins and the other places, in normal UK rules and most countries with the exception of Australia an each-way double is still just 2 bets.
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!
Scenario 3 — one player wins, one player finishes in places without ties. This is without doubt the scenario which creates the most confusion. Despite the fact that one of your players won their event, your win double has lost and only your place bet has won.
So the return is the same as scenario The principle applies for trebles and upwards, plus with some bookmakers you can place this in perms such as patents, trixies, yankees etc to give you a return even if one player misses out completely. Working out how each-way bets work in terms of potential returns can be tricky, so we have put together two examples for you below.
Your selection wins, which means that you get a return on both the win part of your bet and the place part of your bet. On top of that, you would get a quarter of the odds for placing in the Grand National, meaning you would have also backed a winner on Tiger Roll hitting the frame. Not bad. This horse finishes second, meaning that the win part of your bet is a loser.
You can place each-way bets with pretty much every bookmaker that offers a sportsbook, however we recommend that you fully check out your bookmaker and their services before opening a betting account. Each way bet golf meaning The most popular sports for each-way betting are horse racing and greyhound racing, mainly due to the fact that the bet type is pretty much always available as an option.
It is possible to bet each-way on outright sporting markets, meaning that you can place each-way bets on things like golf, soccer, snooker and American football to name just a few sports. However, each-way bets are only available on outright markets with multiple participants , rather than for specific matchups.
This is the age-old question of each-way betting - whether it is worth the extra outlay when placing your bet. The answer is quite simple, as it all depends on the price of your selection. Meanwhile, if you place an each-way bet on a horse at and your selection places, you will be getting between and on the place depending on the terms of the bet.
However, if you are betting on big field handicaps like the Grand National at Aintree, you will get four places with your each-way terms. On top of that, most bookmakers will add extra places for high-profile contests, increasing your chances of seeing your selection run into a place. A sports journalist with more than a decade of experience, Nick has covered some of the biggest events in sport, from the Grand National and the Epsom Derby in horse racing to Walsall against Wigan Athletic in League One.
Commercial content notice: Taking one of the bookmaker offers featured in this article may result in a payment to talkSPORT. Find our detailed guide on responsible gambling practices here. For help with a gambling problem, call the National Gambling Helpline on or go to www. US Edition. UK Edition. Scottish Sun. Irish Sun. My Account. Betting Nick Seddon.
Each-way bets explained An each-way bet is two bets in one, as you are placing one bet on your selection to win and another on your selection to place. Working out the place terms for a horse race can be confusing, so we have listed them below. About the author.