Each Way Betting for Dummies

In betting, there are some artifices that are used in order to increase a winning probability of every singular bet, with each way betting being, probably, the most popular one among them. Though this kind of betting is rather popular, it may not be applied in all the kinds of sports. So, beginner bettors should not be afraid of this phenomenon.

Simply put, each way betting is a kind of bonus that allows you placing bets on two outcomes of the same event. The fact, in its turn, minimizes possible risks caused by uncertain performance of your team or player. In bookmakers, this kind of betting is marked as E/W. To tell the truth, it is even possible to convert simple bet into each way one. However, it must be performed only after respective coordination with a bookmaker is done in order to make it by the accepted rules.

And what is each way betting exactly? This kind of betting is so popular because it is said to generate more wins. Thus, you bet on a team or horse to win or occupy a medal price. Considering this peculiarity, such bets may not be applied for boxing where there are only winners. As for football, each way bet may be placed only on entire tournaments, rather than on single games where the situation is the same as that with boxing. So, the most popular sports for this kind of betting are horse and greyhound racing.

Since each way betting implies bets on two outcomes, it is represented by two stakes. Thus, if you want to convert your $10 bet on a team to win into an each way one, you have to pay additional $10. Also, pay attention to the fact that the winning amount is not the same when your team wins or is placed. So, you must calculate everything carefully in order to be in pocket.

Sometimes, punters want to increase odds for each way bets, and they try to guess the exact place that will be occupied by a team. On the one hand, it will bring additional thrills into your betting. On the other hand, each way betting was initially developed in order to minimize losing probability, while guessing the exact place breaks this original intention.

Finally, numerous gamblers say that each way betting of any kind is a good opportunity to keep engaged in different sports tournaments and get reinsured from the cases when favorites can stumble.