Betting definitions each way double calculator

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A win bet and a place bet. Extra Place Strategy As mentioned, the profit from extra place offers comes from your horse finishing in one of the extra places. The strategy is to place an each way bet at the bookmaker and lay the bet at a betting exchange.

When you lay an each way bet you will only be laying the standard number of places and not the extra places. For example, if the standard number of places offered by the bookmaker is 4 but they are offering 6 places on a selected race, we would only be laying 4 places on the betting exchange; if your horse finishes in either of the two extra places, you will return a profit.

Unlike laying win bets, laying each way bets consists of laying the win and the place separately as they are effectively two separate bets. The exchanges will have individual win and place markets and so it is just a case of calculating your lay stakes for the win part and the place part of your bet to cover your entire each way bet. To calculate the place odds, simply divide the win odds by 4 or whatever terms the bookmaker is offering.

When using decimal odds, first deduct 1 from the win odds, divide by four and add 1 back on. Therefore, the place odds for Red Rum would be: 9. We have now covered our bet. Key Points to remember You will only profit from extra place offers if your horse finishes in one of the additional places offered by the bookmaker.

It is important to check what terms the bookmaker is offering so that you can calculate your lay stakes accordingly. For example, the place odds vary depending on how many runners there are. These horses are more likely to contend for the extra places. By all means do not ignore a mid-field match if you can find a good one. Longer odds will also return more profit when they hit Use the extra-place-matches channel to find the races to bet on.

Riskier than the double but with bigger winnings should all selections win. Also supports permed trebles trebles from 4, trebles from 5 etc and each way bets. Accumulator bet calculator - Got more selections to incorporate into your bet? Or just want to see the potential profit of a larger wager? This calculator supports up to 20 selections and handles each ways, fold bets and more. Double betting is the simplest form of a betting accumulator. In a Double bet, you make 2 selections from different events.

To make a return, each of your selections needs to win. What sports can I place Double bets on? Double bets can be placed on various sports, including horse racing, football, golf, and tennis.