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14/1 2nd place, 5th odds, you don't even double your money and people say great selection, great bet. You'll go skint if you think that'll work.
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5th the odds was put in to squeeze the balls out of the under odds markets even more.
Big Mac would have been saying it too, unlike the people on tv now. |
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For the French 2000 they were happy to offer 5 places.
For the 1000 Guineas with the hot hot Fav for the Aga they only offered 5th 1,2.3!!! (Only two places were up for grabs) So that was obviously a terrible race to play EW, you have to adapt. The goal posts are continually being moved in the bookies favour. I always thought Cheltenham a rip off with 3 places a race with a Mullins hot pot making it like the French 1000. |
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5th odds a place is a gift when the mathematics say it should be either a 10th or 12th.
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As you say each to their own, I like multiples and the payout at 1/5 is altered dramatically compared to 1/4.
Group 1’s were always 1/4 the odds and should be because with the domination of O’Brien on standard terms you’re playing for 2 places. So I agree ew isn’t good. |
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I can recall a very happy Dr Jim Hay after his horse won at Ascot, in the big sprint, at a big price.
He was singing the virtues of betting each way and shopping around for boosted place terms. Think he said sly were offering 5 places and he filled his boots! He said why take 3 when you can get 5! What he didn’t say was how he staked it. |
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Nothing wrong with 1/4 in a 5 - 7 runner affair…..
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But now they price up races anti post with 8 runners and offer only two places. That’s wrong by the EW terms. If they know of a likely non runner don’t list or put a market up because it’s false.
8 runners = 3 places. |
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Back in the 50s and 60s it was 1/3 ace.
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Before my time Barstool, but crikey they really have squeezed the stuffing!
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Before my time barstool…..quarter the odds in a small field…
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Quest for fun looks a fair e.w bet at 7/1 6 places tomorrow, York 5.00
Should shorten up if they get rain. |
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Squeezed the pips out of everything.
Can anyone else remember how they cut and cut the old Chart Forecast on the greyhounds? |
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Back in the grim days of the seventies big companies ( Lad's for example ) went 1/8th odds a place 1,2,3 when the fav was odds on.
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chart fcast for greyhounds ,great days
the beige/orangey greyhound racecard sat morning hackney dogs in laddies ![]() |
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Remembering the wall chart horse racing forecast and how that went for a burton following that 3 horse race between Little Owl , Venture To Cognac and Great Dean in the bad old days.
If you can find that video somewhere the late Jim Wilson's pulling up of Little Owl at around 4/11 put paid to that f/cast chart , would be a thread of epic proportions if that race was yesterday and might put yesterday into some perspective. |
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1st time poster30 May 25 17:15Joined: 25 Dec 05 | Topic/replies: 57,251 | Blogger: 1st time poster's blog
the beige/orangey greyhound racecard sat morning hackney dogs in laddies Assume you mean the Jackson & Lowe wall-chart? I had a mate that swore if they Napped a Trap One at Bristol - you would always collect - tbf he never bought a round and often wanted a loan. ![]() ![]() |
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Brings back memories
![]() Mark Coton's account:- "The 1982 Fulwell Chase at Kempton Park appeared a mundane contest. True, the Gold Cup winner Little Owl was in attendance but he faced only two rivals in Venture To Cognac and Great Dean. "Venture To Cognac had some useful form to his credit but had become injury-prone and was considered to need the run. As for Great Dean, he had been pulled up at lowly Fontwell and needed a miracle if he was to win such a valuable prize. "Little Owl was sent off the 4-11 favourite, Venture To Cognac 5-2 with Great Dean appearing for all the world a lost cause at 66-1. "As far as winning the race was concerned, Great Dean was virtually friendless. On the course and in the betting shops it was only the odd `just-for-fun' merchant and habitues of the `outsider-of-three' system who gave him even a moment's consideration. "Or so it seemed. But dotted about the country were a handful of shrewd punters who had spotted the chance to make a killing on the race. A chance, that's all. Those shrewdies didn't _expect_ to pickup but knew exceptional value when they saw it. "And what a killing! Not only were these punters expecting to receive odds of around 150-1 on their bet, they were also gleefully awaiting the chance to make fools of the big bookmakers. "For once, the bookmakers had made a `rick' and a mighty serious one at that. "The mistake was in the format for the then relatively new Computerised Straight Forecast (CSF), which allowed for inflated dividends should a long-priced outsider make the frame in a small field. "The Fulwell Chase offered an ideal chance to exploit this loophole. All it needed was for Little Owl to fail to complete the course (as he had done at Cheltenham on his previous start) and this would enable Venture To Cognac to win with Great Dean hopefully putting in a clear round to come second. "The race went entirely to script for these backers. Little Owl leading and seemingly going well, swerved and was pulled up by jockey and part-owner Jim Wilson at the 10th. "This left Venture To Cognac clear of the already tailed-off Great Dean. The former sauntered round to win by a distance and Great Dean, with forecast backers holding their breath, completed in his own time to earn a place in the history books. "Little Owl's bit had reportedly slipped, but the bookmakers were not happy, especially when they realised the extent of their liabilities. "Payment was held back while BOLA and the racing authorities carried out an investigation into the race. No evidence of any misdemeanour was produced and the bookmakers, suitably chastened, paid out. "They also called in their computer people to change the format of the CSF to avoid such inflated dividends in small fields in the future, and the result was what is disingenuously referred to as the `Harmonic formula' for producing CSF dividends. Today, if Venture To Cognac were to beat Great Dean in identical circumstances, backers would receive odds of only 15-1. "This was a blatant over-correction and the few punters who were on were crying foul after after the 1989 Eclipse in which Nashwan at 2-5 beat 200-1 shot Opening Verse. Those that had the combination were dismayed to receive odds of only 24-1 (the Tote paid over 50% better at 38-1), which provides a fine indication of the high level of profit bookmakers build into the CSF." |
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Bookies also build an extra layer of profit into "bad EW races" but the unique thing in UK/IRE betting is that multiples split into separate bets for win and place: - so while you will be multiplying a loss on the win part, you should be multiplying a profit on the place part.
Against that edge, jockeys on beaten horses are quite often intent on getting their mounts OUT of the frame |
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there's the debate in a nutshell been discussing it with SD SERVICES on x,around so called dirty ew bets
Chappers you lose a little bit betting 4,s ew, at least he admitted you lose,SD in his interview with Simon Knott,said you get 0.6% for 3,s getting placed ,we no what he means but he,s not getting 0.6% he,s losing at least 0.4% and I,d argue your losing a lot more because for most especially serious/pro punters its, 10 ew or 20 straight win in Chappers case he,d get he,d get 68 quid back for his 10 ew at 4,s, I,d get a 100 back,so in my eyes he,s lost not a little but a lot, at,3,4,5 to 1 ,at least one in 3,4,5 have to win anyway or you not winning so you might as well be betting on the nose SD put it like this you don't like 4 to 7 for the fav to win, so although you don't think the 3,s 2nd best will win have a few bob ew, there is a 3rd option leave the race alone as you obviously haven't got a strong opinion on the race or you,d be backing one straight win to beat the fav, people surprised SD gets on EW but if you were a bookmaker why wouldn't you take dirt ew bets of SD,your not losing and as he,s the latest hot streak punter on the street,why wouldn't you rather him having half his stake on which must be plenty of winners ,otherwise he wouldn't be getting the headlines long post but enjoy this EW debate,good luck ew or on the nose ![]() |
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If your level stake is 1 point.
To win only is 1 point If betting ew , a decision then is either 1/2 point ew or 1 point ew ( doubling your normal stake). If the horse is placed, in both cases you get a return. The quandary is if it wins. Because 1/2 point ew stake would have paid more as 1 point win.As indeed would 1point ew, had it been 2 points to win only. You pays your money, you takes your chance. Personally I back in Handicaps only with an average 8/1 sp. My records show over many years that the most long term profit, comes from betting win only. |
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I bet a lot ew at 8,s and above, enhanced places etc because I cant stomach getting lots of paced horses with no return, and 32 losing bets waiting for the 33td at 33,s to win,is imo a lot different than 3 or 4 bets backing ew on so called dirty ew bet,
anyone can buy 10 apples for a quid each and sell them at 80 p each doesn't make you a great businessman, your trying to sell them at a profit in Chappers case backing ew at 4,s,if 3 get placed,when the 4th one wins ,his little loss is 3 x a little loss ,taking of his winner is a big loss and if non winner he,s losing on every race anyway, he,s eventually turning 20 quid nots in to 10 quid notes.just prolonging the journey by getting a bit back |
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It's a circular discussion for many reasons; Even in dirty EW races there are just far too many variables for me to be bothered to go into here. So there isn't a correct answer "yes you should" or "no you shouldn't" bet Each Way even in those so-called "dirty" EW races.
Anyone saying there is a definitive or "every time" answer is demonstrating that they just don't get it. If you insist on looking for a generalised answer, your best indicator of when to play EW in "dirty" EW races is always going to be a quick glance at the BF Place market; which would also confirms the folly of using any generalised price (say 3/1, etc,) as part of your argument or for making broad-brush comparisons between win versus EW returns. For sure 3/1 pays 1.60 for the place if you bet EW at one-fifth the odds, that's always true. It's a constant. But how can you use that constant as a comparison against a variable? Because even in two dirty EW way races that could actually mean comparing 1.6 with anything between as low as 1.12 and maybe as high as 1.50 in the Betfair Place Market for two different 3/1 shots. So the two 3/1's (or 4/1's, etc, etc) that people keep trying to compare to each other or lump together - are a completely baseless comparison. Even in dirty EW races, You'll get some 3/1 pokes that are terrific EW value and others that really aren't. As I said, a pointless discussion if you want it summarised briefly or are looking for a definitive yes/no answer based on industry prices. |
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And that's just for EW single - without even touching on multiples or accas!
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I never bet e/w too many negatives particularly handicaps.
Why try to win buttons when the chance of the win has gone. Certain trainers/jockeys avoid at all costs running on for a place. The best example was a certain Lester Piggott back in the day. |
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so more chance/value in the non Lester piggot ridden horse in the race or todays equivalent who've you obviously think you've spotted,which adds another place to the already enhanced places in some races
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I find it hard to believe that would ever happen
![]() But yes, you'd probably wouldn't want to bet EW if you are anticipating that scenario - maybe if you are open minded, you could get the "place lay" out of your "betting tool kit" when you think that is going to happen. Rather than getting an "each-way" bet out of your "tool kit". Which just goes to show, the way you bet on a selection could be a variable depending on the situation and it might be just as important a decision (or even more important) than the selection itself. Obviously if you've always only got the one tool in your "toolbox", you wouldn't need to consider any of that. |
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TM, most people haven't even got a toolbox.
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It looks like a lot of people have just got a hammer and maybe a few also have a Phillips screw-driver (in case they need that a chisel)!
They say there are a lot of ways to skin a cat - but trying with a hammer and a make-shift chisel could get very messy imo. |
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Each way is such a killer. I was feeling chuffed when I backed a 9/1 winner yesterday. This morning, I woke up to the reality that I only got just under 11/2! It's hard to stop yourself though when the Fav is 11/10.
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Assuming that was Organ (16:43 Haydock)? - It wouldn't have been an EW race for me.
Nine runners (nice). So 3 places available (nice). Quite short priced fav (quite nice). It was a Handicap (often not so nice - for many reasons) But mostly, not EW (for me) because the betting structure of that race wasn't at all good for EW - Seven of the nine runners were under 10/1, so potentially 7 horses fighting for 3 places (6 of them shorter than 2/1 in the BF place market and one just above that price). Good shout though - if it was that race. |
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Nice win. Jockey had to pull out all the stops to get that one home.
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*disclaimer, I am not Stewart Machin.
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He got a tune out of it swifty.
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are you Stewart Machin?
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I would probably have gone down the Offal route rather than the musical instrument route - possibly why I never made it as a commentator.
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"Seven of the nine runners were under 10/1"
Schoolboy error,TM? |
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Seven of the nine runner were 10/1 or shorter?
If that changes your take on the race and it's suitability for EW betting - from one pedant to another - sincere apologies. |
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Yes, it was Organ. Initially staked it with a mixture of EW and Win only to effectively give me a Cover Bet, then cashed out the Win and re-stake it EW (fool!).
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