For example: Let’s say you have an Each Way Multi Bet with three legs: A, B, and C. Leg A. Result: Win. Stake: $20 ($10 for Win, $10 for Place.) Odds: Win=2.00, Place=1.50. If this Leg Wins, then you would calculate this Leg Payout as: Win portion: $10.00 x 2.00 = $20.00. Place portion: $10.00 x 1.50 = $15.00.
An each-way bet consists of two bets of equal cost, a win bet on your selection to win an event and a place bet on it to finish within a certain number of places specified by the bookmaker beforehand.
EACH WAY: Each way betting simply means that you are putting an equal amount of money on a horse to Win and Place. QUINELLA: A Quinella requires the punter to select the 1st and 2nd horses to finish, in any order. EXACTA: An Exacta is similar to a Quinella except the punter has to select the first two horses home in order. TRIFECTA
BetEasy sports bet types; Same Game Multi : Line betting : Margin betting: Tri bet : Head to head betting : Win Draw Win : Draw No Bet : Halftime / Fulltime : Handicap betting : Asian Handicap : Correct Score : Multi bet : First goalscorer
Punters make multiple selections across multiple races or sports events using a specific bet type (e.g. win, place or each-way). Winnings from a bet are then placed on the second selection and so on for each leg of the multibet. If each bet in each event wins the punter receives the total return from the final bet. Quadrella or Quaddie
The lucky 31 is a 5 selection bet consisting of 31 bets: 5 singles, 10 doubles, 10 trebles, 5 four-folds and a five-fold accumulator. Named after its 31 parts and the wide variety of bookmaker bonuses to be had, the lucky 31 is a popular wager. 'All winners', 'one loser' and 'one winner' are the scenarios which most bookmakers apply a bonus to - each-way bets are usually excluded from this.
Below each fixture is a link to view all of the markets for a particular event. The betting slip functionality is very typical of a modern betting interface. When you add more than one selection to the slip you have the option of submitting single, multi and/or “Extra Multi’s” (such as Doubles, Trebles, Yankee, Lucky15, etc.).
Read more about Each Way Sniper here. Extra Places. Another of the popular horse racing systems is known as the extra place strategy. This is an option that can be used by all gamblers using each way bets. These aren’t available on all races. Basically, bookmakers will sometimes pay an extra place on each way bets at some racing events.
So at the end of the wager you can have a pretty big stake going for yourself. The easiest way to calculate this out is just multiply your stake by each of the odds in the wager. So let’s build an example of four selections (decimal odds conversions in brackets). Horse A: 8/11 (1.7273) Horse B: 3/1 (4.0) Horse C: 10/11 (1.9091) Horse D: 2/1 (3.0)