What is an each-way double bet?
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Alongside straight win bets, each-way bets are amongst the first that any novice punter learns about, especially if their primary focus is horse racing. Each-way bets offer customers a chance to land a return even if their selection doesn’t win the race, but still manages to finish in one of the paying positions.
Of course, the amount won isn’t as much as a standard win bet, usually a fraction of the odds, but the flexibility means it can turn what would have been a losing win bet, into a winning each way one. But did you know that you can also put Each-way bet selections together into their own form of accumulator?
The simplest of these is the Each-Way Double and in this post, we will explore exactly what this bet is, how you can place it, how it pays out, how to use a calculator to check potential returns and more besides.
So let’s begin with a simple explanation of the Each-Way double bet.
Explaining an each-way double
An each way double is a similar bet to a win double bet. Only with the each-way double, your two selections need to only finish in the paying places in order to generate a return. Additionally, as this is an each-way double, rather than a single line to cover, you have to cover two lines on the bet.
The first is for either of the bets to win, the second line covers each of the two bets to place.
As such, this mean you will generate a return on your each-way double bet if any of these four outcomes occur:
- Both Selection A and Selection B win.
- Selection A wins and Selection B is placed.
- Selection A is placed and Selection B wins.
- Selection A and Selection B are both placed.
If either one or both of the two selections in the bet fails to win or place, then the bet will be a loser.
An example of an each-way double bet
A punter wants to back the following options in a horse race.
- Montassib - 1.55pm at Ascot - 7.00
- Los Angeles - 3.55pm at Ascot - 8.50
A £5 Each Way Double on these two selections would offer a maximum possible return of £325. This would be the payout if both selections win those races. If one or both selections are placed then the total win amount will be smaller, but given the odds of both selections, would still generate a profit.
Using an each-way double calculator
Working out the potential returns for an each-way double bet can be tricky. On a bet slip, your quoted return will likely be for the two selections being winners. With some sites, such as bet365 Sport, you can expand the bet slip to see how much each possible winning combination on an each-way double bet will pay you.
However, there exists another alternative and that is to use any of the freely available bet calculators online. Simply enter the odds of your each-way double bet, select the bet type, and then select whether each selection was a winner or earned a place, and the calculator will work out your returns from your total stake.
Most betting sites have their own bet calculator and there are plenty of other calculators that will do the job for a wide range of bets. A Google search will certainly turn up a wide selection of options for you to use, if you want to see the different permutations your each-way double bet could pay out.
What sports are popular choices for each-way double betting?
It stands to reason that each-way double bets are most popular in those sports where each-way betting is popular.
By far and away the most popular of these markets is horse racing. The sheer number of horse races and meetings every day, week and month of the year means that this is a fantastic option for punters that like to have as many options as possible when making each-way double bets.
While horse racing is by far the most popular option for each way double betting, you can place these bets on any sporting market that has an each way option.
Other examples of each way double bets could include the following selections and sports.
- Soccer - Outright to win the Premier League each way and Outright to win the FA Cup each way.
You can pair these markets with an each way double, or any other outright winner bet for other popular competitions, such as the Champions League, Carabao Cup, Europa League or even other leagues in Europe.
- Golf - Pick two players to win or finish in the paying places of a tournament.
This is a good option especially when a bookmaker offers extra paying places on a tournament, as often japanese for the four Golf Majors. This is also an option for tennis tournaments and a number of other sporting events where there is a major final contested between two teams or players.
- Greyhounds
Very similar to horse racing, although only the top two selections are paying places.
Are there any tips I can follow for each-way double betting?
Yes there are some simple and effective tips you can follow with each-way double betting in order to ensure you stand a better chance of winning your bets.
- Mix lower odds selections with a good chance of winning, with longer odds options with a good chance of a place, or an outside chance of a win.
- Keep your unit stake small, especially when you are first starting to use the bet.
- Bet on sporting events that you are conversant with and can research.
- Use options such as the Edit Bet or Cash Out options with a bookmaker strategically when you have an each-way double bet running. Following the event live on a streaming service is a good way to do this.
When used prudently, Each-Way Double bets can be an effective choice for punters, especially when they are not convinced that their selection will win the race or contest they are involved in. They are a smart alternative to use to standard Double bets, or even individual Win bets in many situations.
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