How are each way double bets calculated?

The odds for a double bet are worked out by taking the odds of each single bet and then multiplying those to create your double bet odds. The other way to work out double bet odds is that the money won from your first bet would be put as a stake on the second selection. See below for a double bet example.

What is an each way double in horse racing?

Generally, an Each Way Double bet entails picking two selections in two different races, and then backing Each Way such that they both amount to two separate double bets as follows: a Win Double and a Place Double.

Is each way double a good bet?

The Each Way Double. The each way double bet can produce good returns even if the odds are small; especially if 1/4 odds are offered on the place part. If you backed a horse each way at 3/1 you would lose money but combine 2 of them in an e.w. double and you begin to start making money.

How does each way work?

An Each Way (EW, E/W) bet is essentially two separate bets: one for the horse to win, the other for the horse to place in any of the place positions offered in that race. When placing an each way bet, you stake an amount on both the win and the place.

Does double chance include penalties?

This is a 90Min market and does not include extra time or penalties taken after the final whistle. To find this market on the Hollywood website or mobile app, look for the match and the scroll to the Double Chance market.

What does X2 double chance mean?

X2DC: You are predicting that the away team will either win the match or the match will end in a draw. This is also called Double Chance for the away team. It can be written as X2 on other betting sites. This is also called double chance for both teams.

How does each-way work on horses?

An Each Way (EW, E/W) bet is essentially two separate bets: one for the horse to win, the other for the horse to place in any of the place positions offered in that race. This means you can receive a return on your bet if your selection wins, but also if it just places.

How is each-way bets calculated?

Each Way Betting In Summary When you bet each way, you have two bets; one for the horse to finish first, and a second bet for the horse to finish in the top four or five (varies according to by race). The winnings for the latter bet are calculated by applying the fraction (usually 1/4) to the original odds available.

What is a each way double bet in horse racing?

An each way double bet consists of two each way bets placed on different races in which the stake and winnings from the first each way bet fund the stake on the second bet. The primary difference between an each way double bet and a standard double is that all you need for a profit is for both selections to be placed.

What is the double bet calculator?

The Double Bet Calculator allows you to calculate the stake, return and profit for Doubles, permed from up to 20 selections if required, with the same comprehensive range of options available to the Free Bet Calculator. … is displayed below a selection number to indicate that other options are available for that selection.

Do bookmakers accept each way doubles bets?

Some bookmakers will only accept each way doubles bets if the races are separated by a minimum time which might be 10 minutes depending on the specific bookmaker. In our example we will assume that in both races our selections are priced at reasonably short odds; in fact the kind of odds that with a normal bet you wouldn’t normally bet each way.

Can You bet on two horses at the same time?

Assume that you select two horses in two separate races. Some bookmakers will only accept each way doubles bets if the races are separated by a minimum time which might be 10 minutes depending on the specific bookmaker.