Is An Each Way Bet Worth It?

If you are considering placing an each way bet on a horse race, you need to understand how the odds work. While odds on a favored horse are often higher than those on others, the opposite can also be true. When the odds on a particular horse are low, a successful each way bet may be the more profitable choice. The payouts on each way bets vary depending on the website you use.

The main benefit of each-way betting is that you can profit even if the only place bet does not come in. This makes it an excellent option for those who are not sure a particular selection will win but are confident it will finish in a particular place. In addition, each-way bets often have higher odds than single bets.

Despite the odds of each-way bets, they are worth considering if you’re betting at odds of 10-1 or more. If you’re placing an each-way bet, make sure to double your stake if you want to get a profit. In the case of a horse with odds of 10-1, you’ll want to bet the maximum possible amount on each race, such as EUR5.

If you’re looking to place a bet on a horse race, you can use a betting calculator to calculate the value of each bet. You’ll also want to check out the place terms before placing an each-way bet. You may find better value betting on second or third place instead of on the favorite.