It’s no secret that each way betting has polarised opinion in the horse racing world, with some claiming it to be a bank preserver and others saying it’s the bet of fools. Despite this, there are times when it makes perfect mathematical sense to place a bet each-way.
If you’re looking to bet on each way, here are some tips that could help you make the most of your bets:
The general consensus is that short-priced favourites are a good bet when placed each way, particularly if they’ve got odds of 4/1 or 5/1. They are often more likely to finish in the top three places than long-priced horses and therefore offer a much greater potential for winning returns.
You can increase your win and place bets in the best online sports betting Singapore sites with a range of different products including Top Fluctuation, Best Tote or Mid Tote Place. These offer a higher dividend than the bookmakers’ win and place odds, so it is worth researching what they have to offer.
A popular each way betting calculator is available at many bookmakers and can be a great help when deciding whether an each way bet is worth your money. The calculator will give you a break down of your profit and return for an each way bet, based on the odds and the number of selections.
You can also compare each way bets against other horse races on the same day, so you can spot any 'bad each way' prices and profit from the bookmaker’s place terms. In some cases, bookmakers even pay out up to five places on big races.