An each-way bet can be thought of as two sepeate bets: a win bet, and a place bet. The place bet will be at reduced odds for the player to finish in the top x. Example: A £10 each-way bet on a 10/1 selection and paying 1⁄5 the odds a place for the top 7 would cost £20. Returns on the win part of the bet would be £10 × (20/1) + stake = £210. Each way part of the bet will be settled as a place, with the stake divided by the number of players tied for the place, multiplied by the number of places available. EG: You had €/£5 each-way on M Wolff (40/1 pre-tournament). EW terms were 1/5, for 5 places. Your bet would be settled as: €/£10 stake = €/£5 win stake + €/£5 EW stake When you bet £10 each way, you aren’t just betting £10. This is a pretty common mistake, so don’t worry. £10 ‘each way’ means that you bet £10 on one outcome and £10 on another outcome. In this example, this bet would have cost £20. An each way bet from start to finish: Make a selection and decide how much you want to bet each way. Work out returns for your golf outright bets using our betting calculator. Designed especially to calculate returns for outrights on place dead-heats, you can also check returns for each-way doubles, accumulators and popular permutation bets [screen widths >980px] for golf and other fixed-odds sports bets. But with golf tournaments having average field-sizes of 150+ players, it’s important to understand how does an each-way bet work in golf? An Example of an Each-Way Bet in Golf. An example of how an each-way golf bet works is as follows. You might choose to bet £10 each-way on Rory McIlroy to win the Irish Open at 10/1. This means that should Garcia come tied third with four other players than you would divide the £10 each-way stake by four as well as the odds of 50/1, this would mean £2.50 multiplied by odds of 12.50 and that would give you a return of £31.25. How to Place an Each-Way Golf Bet. Placing an each-way golf bet is the easy part. Main Bet: Sami Valimaki each-way @ 25/1 . landing tied sixth and tied second at Celtic Manor and he then made it a hat-trick of top 10s with tied 10th Mayakoba Golf Classic Each-Way Tips: Each-way golf betting explained. When betting each-way on golf, it's important to know that dead-heats are extremely common. There can of course only be one outright winner - except in extremely unusual circumstances - but it's quite possible that a big share of second, third, fourth, fifth, sixth, seventh or even eighth will affect your payout. Each Way Bet Calculation. When placing an each way bet it’s not always clear what your return is going to be. With an each way bet we are actually placing 2 seperate bets. 1 bet on the win and 1 bet on the place. Let’s use a horse race as an example. If our horse wins we win both the win part and the place part. A dead heat rule means in case of a tie, a bettor’s payout would be divided by how many people the player was tied with. Suppose you had a $100 bet on Brooks Koepka to be the FRL at +1000 odds. If he finished in a three-way tie as FRL, your $1000 would be divided by three and you would only win $333 for your bet.
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