General Betting
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13 Nov 12
12:03
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24 Aug 07
I am showing my ignorance of traditional bookmaking here............
If I do an eachway double, lets say £100 e/w at 5-1 and 5-1
The first runner places so I have £100 (assuming 1/5th the odds) on the second runner. Does that all go on the place or does it go £50 win £50 place?
If I do an eachway double, lets say £100 e/w at 5-1 and 5-1
The first runner places so I have £100 (assuming 1/5th the odds) on the second runner. Does that all go on the place or does it go £50 win £50 place?
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If the first one places at 5/1 and you've had £100 e/w double (in effect £100 win double and £100 place double) you will have £200 going on to the second selection as a place only bet. In the good old days you could request your bet to be 'equally divided' in which case you would have £100 win and £100 place going on to your second bet. Not sure if many books will accept an 'equally divided' request these days. Sure someone will know.....
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In my betting shop days, as a bookmaker, I would have preferred 'equally divided'
instead of 'win to win, place to place'. Don't know whether the choice is there any more. |
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Yes, 'each way' means the winnings from the place part go on as an accumulator on the place part and the sum staked on the 'win' market is lost. 'Equally divided' means the place winnings are split between the win and place markets.
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Ken, some independents still allow you to do equally divided.
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askari1, I would think they would, but I was wondering about
the firms. |
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Was reading through Hills' rules in one of their shops a few months back. Pretty sure they stated that 'equally divided' would be accepted if stipulated on the slip.
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Equally divided is perfectly acceptable providing its a clear instruction
bet is settled as written from top to bottom irrespective of time |
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A bookmaker will always prefer an each-way double to be ''ew/all ew'',
as opposed to a ''win double/place double''. The reason is obvious. |