One of the significant dividends of operating in the sports betting industry is that there’s always an abundance of variety to work with here. In terms of the assortment of options punters can access in the industry, the each way betting market is well-known and loved. Here’s everything you need to know for those who’d like to try this market!
What Is Each Way Betting?
In its purest form, an each way bet requires a punter to place two wagers of equal cost in a session. One chance, referred to as the “Win Bet,” is placed on your selection winning the competition or round. The other bet, known as the “Place Bet,” is placed on your choice finishing in any number of spots expressly selected by your sports bookie before the competition. For this reason, in the each way betting market, a $10 bet requires a total wager of $20. The first $10 goes to your win bet, while the other $10 goes to your place bet. This betting market originated in horse racing but is now commonly used in various other sports like golf and football.
Understanding The Outcomes In Each Way Betting
We just mentioned that in this betting market, two wagers are placed simultaneously, the win bet and the place bet. Continuing with the example above, let’s assume you place a $10 each way bet on Manchester City vs. Nottingham Forest. Here, here put bet is that Erling Haaland scores the first goal of the match. If Manchester City wins the match and Haaland scores first, your $10 for the win bet and your $10 for the place bet will pay a return. However, if Manchester City loses but Haaland is the first on the score sheet, you lose your win bet. Only your $10 for the place bet will pay a return.
What To Know When Placing An Each Way Bet
There are three elements that you must consider carefully. These are:
The Odds
It refers to the odds your sports bookie has assigned to the win part of your wager. These odds influence the odds for the place bet of your stake.
The Each Way Places
These refer to the places selected by your bookie that your selection has to finish in to be eligible to claim a place reward. The each way homes on offer will often vary, depending on factors like the nature of the sporting event and the discretion of your bookmaker.
The Each Way Fractions
These are the odds given on the place part of your wager. They’re usually offered in fractions because the chances of your selection placing are generally higher than that of winning the competition outright. Only after you’ve adequately accounted for each of these factors should you tick the each way option on the bet slip of your online bookie.
Each Way Betting Odds Chart
Are you curious about the odds you’re receiving on the place element of your each-way bets? Look no further than our convenient Each Way betting odds chart.
| Win Odds Decimal | Win Odds Fractions |
1/5 Place Odds Decimal | 1/4 Place Odds Decimal |
| 2 | 1/1 | 1.2 | 1.25 |
| 2.05 | 21/20 | 1.21 | 1.262 |
| 2.1 | 11/10 | 1.22 | 1.275 |
| 2.2 | 6/5 | 1.24 | 1.3 |
| 2.25 | 5/4 | 1.25 | 1.3125 |
| 2.3 | 13/10 | 1.26 | 1.325 |
| 2.375 | 11/8 | 1.275 | 1.343 |
| 2.4 | 7/5 | 1.28 | 1.35 |
| 2.5 | 6/4 | 1.3 | 1.375 |
| 2.6 | 8/5 | 1.32 | 1.4 |
| 2.625 | 13/8 | 1.325 | 1.406 |
| 2.7 | 17/10 | 1.34 | 1.425 |
| 2.75 | 7/4 | 1.35 | 1.4375 |
| 2.8 | 9/5 | 1.36 | 1.45 |
| 2.875 | 15/8 | 1.375 | 1.468 |
| 2.9 | 19/10 | 1.38 | 1.475 |
| 3 | 2/1 | 1.4 | 1.5 |
| 3.1 | 21/10 | 1.42 | 1.525 |
| 3.125 | 85/40 | 1.425 | 1.531 |
| 3.2 | 11/5 | 1.44 | 1.55 |
| 3.25 | 9/4 | 1.45 | 1.5625 |
| 3.3 | 23/10 | 1.46 | 1.575 |
| 3.375 | 95/40 | 1.475 | 1.593 |
| 3.4 | 12/5 | 1.48 | 1.6 |
| 3.5 | 5/2 | 1.5 | 1.625 |
| 3.6 | 13/5 | 1.52 | 1.65 |
| 3.75 | 11/4 | 1.55 | 1.6875 |
| 3.8 | 14/5 | 1.56 | 1.7 |
| 4 | 3/1 | 1.6 | 1.75 |
| 4.2 | 16/5 | 1.64 | 1.8 |
| 4.333 | 100/30 | 1.666 | 1.833 |
| 4.5 | 7/2 | 1.7 | 1.875 |
| 4.6 | 18/5 | 1.72 | 1.9 |
| 5 | 4/1 | 1.8 | 2 |
| 5.5 | 9/2 | 1.9 | 2.125 |
| 6 | 5/1 | 2 | 2.25 |
| 6.5 | 11/2 | 2.1 | 2.375 |
| 7 | 6/1 | 2.2 | 2.5 |
| 7.5 | 13/2 | 2.3 | 2.625 |
| 8 | 7/1 | 2.4 | 2.75 |
| 8.5 | 15/2 | 2.5 | 2.875 |
| 9 | 8/1 | 2.6 | 3 |
| 10 | 9/1 | 2.8 | 3.25 |
| 11 | 10/1 | 3 | 3.5 |
| 12 | 11/1 | 3.2 | 3.75 |
| 13 | 12/1 | 3.4 | 4 |
| 14 | 13/1 | 3.6 | 4.25 |
| 15 | 14/1 | 3.8 | 4.5 |
| 16 | 15/1 | 4 | 4.75 |
| 17 | 16/1 | 4.2 | 5 |
| 18 | 17/1 | 4.4 | 5.25 |
| 19 | 18/1 | 4.6 | 5.5 |
| 20 | 19/1 | 4.8 | 5.75 |
| 21 | 20/1 | 5 | 6 |
| 23 | 22/1 | 5.4 | 6.5 |
| 26 | 25/1 | 6 | 7.25 |
| 29 | 28/1 | 6.6 | 8 |
| 31 | 30/1 | 7 | 8.5 |
| 34 | 33/1 | 7.6 | 9.25 |
| 41 | 40/1 | 9 | 11 |
| 51 | 50/1 | 11 | 13.5 |
| 67 | 66/1 | 14.2 | 17.5 |
| 101 | 100/1 | 21 | 26 |
| 201 | 200/1 | 41 | 51 |
Bottom Line
Each way betting provides your wagers with a good measure of insurance. It has yet to be available in many other markets. However, remember that each way won’t be ideal for you every single time. So, make sure you read the situation carefully before making a decision.
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