What does Doubles mean on sportsbet?

How are double bet odds worked out?

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.

How do I make a each-way bet?

To make an each-way bet there are three things that it’s important to note. Odds: These are the odds for the win part of your each-way bet and dictate (along with the each-way fractions) the odds for the place part of your each-way bet. Each-way places: These tell you the positions your selection has to finish in for your place bet to win.

What is a double bet?

Double bets are popular in a lot of sports such as football, tennis, horse racing and rugby and all can be combined for doubles. Although you can combine events, they must be separate events to be classed as a double bet.

What is each way in horse racing betting?

Each Way: This is a bet on a horse to either win or place in a race. This requires you to double your stake as it is essentially two separate bets. One part of the bet is for the horse to win the race, with the second part being on the horse to place (usually in the top 3/4).

What are each-way bets and how do they work?

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. That’s why a £5 each-way bet requires a total stake of £10 (£5 win and £5 place).

Are each-way bets worth it?

Each-way bets are more worthwhile in some circumstances than others. Here are two questions to consider if you are trying to work out whether to bet each-way or win only:

What is a cross double bet in horse racing?

A cross double bet is an any-to-come bet where your stake is placed on the first bet, and if the horse wins the same stake is placed on the second bet, and vice versa. For one horse in each race this is easy to calculate: a cross double on 1 horse in 3 races is 6 bets.

How much is a £10 each way bet on horses?

A £10 each way bet would total £20, with £10 on the win and £10 on the place. If the horse is victorious, both parts of the bet are paid out, but if the horse finishes placed, but doesn’t win, only the place part is paid out. The each way terms differ depending on the race type and the size of the field: .

How does each way horse racing betting work?

For bigger price horses, this could still be at significant odds. How does an Each Way bet work? When you place an Each Way bet, you are actually placing two wagers for twice the stake. The first part of the bet concerns the win, and for you to see a return from this part of the wager, your selection must be declared the event’s winner.

What are the odds of multiple each-way bets?

Remember: all multiple each-way bets are comprised of 2 bets: The each way odds are equivalent to, or are in excess of, 5.0. The odds are then in your favour, insuring that your win bet and total stake are covered, should your selection finish in a specified place.

What does ‘win’ and ‘place’ mean?

The ‘Win’ part of your bet is on your horse to finish first, and the ‘Place’ part is on your horse to finish either first or in one of the places, e.g. 2nd, 3rd, 4th (5th or 6th with selected bookmakers). This works the exact same way for any horse race that you can bet on throughout the year. How Do I Win?

What are the odds of each way betting?

Remember: each bet MUST be an equivalent stake. For example, a £10 each way bet means your total stake is £20. The odds on the PLACE part of the bet are calculated as a fraction of the winning selection odds: 1/2, 1/3, 1/4, 1/5.

What is a cross double in horse racing?

But you state “cross doubles”, and this is a bit more complicated to work out. A cross double bet is an any-to-come bet where your stake is placed on the first bet, and if the horse wins the same stake is placed on the second bet, and vice versa.

What is the Daily Double in horse racing?

Daily Double — Two specific races make up the Daily Double. Pick one horse in each race. If they finish 1st in both races, you win. You have to make your bet before the first race. Pick 3 — Similar to the Daily Double, but for three consecutive races.

How many bets on a horse in 3 races?

For one horse in each race this is easy to calculate: a cross double on 1 horse in 3 races is 6 bets. As for having 2 horses in 3 races this is where the maths gets a bit tricky.

What are each-way odds and places on offer?

Odds: These are the odds for the win part of your each-way bet and dictate (along with the each-way fractions) the odds for the place part of your each-way bet. Each-way places: These tell you the positions your selection has to finish in for your place bet to win. Places on offer can differ. Find out more on this below.

What are the odds for each way betting?

The odds offered for the place portion of the bet are typically a fraction of those offered for the win bet. Importantly, each part of the bet must be an equal stake, so if you place a £5 each-way bet, you will have £5 on the win and £5 on the place, totaling £10.

What happens if you bet on a horse and it doesn’t run?

Punters bet in the “ante-post market” as they can get better value. But if you bet on a horse in the ante-post market, and it does not run, you do not usually get your money back. The bet is classed as a loss.

What are the place odds for your each way bet?

The place odds for our each way bet would be 3.5 Multiple each way bets are settled on a WIN-to-WIN and PLACE-to-PLACE basis. For instance, if all but one of your selections wins and the remaining selection only manages to be placed, the WIN element of the bet is void.

Should you shop around for each-way odds in horse racing?

Bettors are advised to shop around for the best possible each-way terms when it comes to high-profile races such as the Cheltenham Gold Cup or the Grand National, where the bookies are always trying to outdo each other.

What is horse racing betting?

Get To Know The Basics The concept of horse race betting revolves by merely picking a deserving horse to wager. There are numerous horse racing activities happening all-year-round.

What is the best betting strategy to win at horse racing?

When you’re betting on horse races, the ideal strategy is one where you can get the most bang for your betting buck. In other words, you should be trying to risk as little money as possible while still giving yourself the chance to win the bet and make as much money as possible.

What is a non-runner in horse racing?

What is a non runner? In horse racing, a non-runner is a horse that was supposed to run, but didn’t. It’s as simple as that. This withdrawal can take place any time: in the days before the races or at a much later stage – like between the Final Declaration and the Off.

Can I get my money back from betting on a horse?

If you went into a bookies to place your bet, head back to the same chain, hand them your betting slip and they will refund you. However, if you bet on a non-running horse before 1pm on Friday you could probably won’t get your money back. Some gamblers like to pick a horse in the “ante-post market”.