[Dan_]

Who are you going for this year then? Anyone placed any bets?

I'm going for Bewley's Berry.

[housem8]

knowhere (50 - 1)

but I am not betting any money on it lol

[Tom]

£10 on Vodka Bleu at 33/1.

Outsiders ALWAYS win

[Dr43%er]

£3 e/w on Comply or die, King Johns Castle and Philson run.

[Harry!]

I want One shows McKelvey to win!

[Tom]

VERY annoyed with myself

I had it down to three when I was putting a bet on; Vodka Bleu, Comply or die and King Johns Castle, taking one from the top, middle and bottom

[Princess]

I had Bewley's Berry at 14/1 and Snowy Morning at 18/1,both €1 each way. Do I win anything?

[Dr43%er]

Woo hoo. 1st and 2nd out of my three.

[Dr43%er]

£54 from my £18 bet.

Princess. Snowy Morning came 3rd so you will have won something with an e/w bet.

[Princess]

Wooo! Thank you.

[Dr43%er]

Unless the rules are different in Ireland.

[Princess]

Nah I presume they're the same. Everything over here is basically the same as England.

[MrGaryy]

Grr! D'Argent was my guy and he stumbled at the last hurdle!

[Dr43%er]

Each-Way Bet

An Each Way (EW) bet is basically two bets. A win bet like above and a place bet.

The first thing to know about an Each Way bet is how the staking works.

A bet of £25 EW is exactly as it sounds - "£25 each way" - i.e. Two £25 bets. So £25 EW is a £50 bet in all.

The place part of the bet is essentially a backup bet. You will receive a return on this part of the bet if your selection wins but also if it nearly wins

What this means in practice varies by sport but is always quoted with the list of odds as something like this "Each Way 1/4 1,2,3"

This means that the place bet of your each way bet will pay out at odds of 1/4 of the the win odds is your selection finishes in positions 1,2, or 3. If you finish 4th or lower it loses.

Each-Way Bet Example
You bet £50EW on Dipsy Discs in the 4.15 at Lingfield at odds of 25-1
The Each Way terms are 1/5 1,2,3
Bookmakers take the £100 stake out of your betting account (£50EW is 2 £50 bets)



There are 3 different outcomes for this bet

Horse Fails to Win or Place
If the horse finishes out of the places (1,2,3) such as 4th or worse then you lose your entire stake

A Place but not a Win
If the horse finishes 2nd or 3rd then it has placed, but hasn't won. There is no difference between 2nd and 3rd - they count the same - they are both "a place".
So remembering that your £50EW is TWO bets - £50 win and £50 place.

A) The first thing is that the £50 win bet is a loser.
B) However the £50 place bet is a winner which as we mentioned above is calculated based on the odds (25-1) and the place fraction (1/5th), meaning in this case the place odds are 5-1.

So that bet wins £50 x 5 = £250 + your stake back giving you a total return of £300.

Putting it together:
So on your £50 EW bet (a bet of £100) you ended up getting £300 back in total = a profit of £200, being the net £250 profit on the place bet and £50 loss on the win bet.



A Win
If the horse actually wins then the first thing to realise is that it also places - hence both bets win

A) The win bet pays at 25 x £50 = £1250 + your £50 win stake back
B) The place bet pays exactly as above being £250 profit + your £50 place stake back

Putting it together:
Overall you win £1250 + £250 = £1500, and your account is credited with that plus all of your stake back = £1,600

[BigSister]

I put comply or die to win so i won ^_^. My gran had it too

My dad had kings john castle but to win so hes gutted. My cousin had slim pickings each way so hes happy too

[Sarah.]

I was reading the paper last night and chose Comply or Die but I couldn't put anything on it.
I'm so unlucky, the one i pick wins when I don't bet..

[Gemmer-x]

I had King John's Castle.. I won £6 wooo lol!

[Sunny_01]

I had comply or die as well, not sure how much I get though

I had a very small 5.00 each way bet on him at 10/1 I struggle to work out how this works even with your comprehensive explanation Dr, I am basically numerically illiterate.

I only chose it because of the name, I chose it earlier in the week but only put bet on this morning.

[Simple_Plan]

I won £6 from £1EW on snowy morning

my dad thought he had £5EW on king johns castle then realised he had £5 to win when he got to the betting shop haha fool!

[Tom]

Only one horse died yesterday, its still one too many but thats quite surprising- usually its a lot more. The horse was McKelvey, who was also injured last year but was still a runner up. He collided with the fence and was put to sleep on the field

[Magic]

I lost! I went for Simon.

I am quite into Horse Racing, is anyone else?

[Dizzy]

My brother won £90 on Comply Or Die,
he's chosen the winning horse for the Grand National three times in a row now!
I chose Cloudy Lane xD

[BigSister]

my cats chosen the winner 4 years out of 5 now im getting scared lol

[serensilver]

£33 on comply or die!! woohoo my brother won he had an e/w bet on 2nd place!!

[Gemmer-x]

Originally posted by Tom_
Only one horse died yesterday, its still one too many but thats quite surprising- usually its a lot more. The horse was McKelvey, who was also injured last year but was still a runner up. He collided with the fence and was put to sleep on the field

Aww
i always feel bad for the horses. Even though i do bet each year, i still dont like watching in case a horse falls :|