e/w all e/w

[johnledi]

does anybody know of a site where i can look at a bet calculator that works out e/w all e/w betting, how do you work out a e/w all e/w bet rather than just e/w. cheers john.

[BillyHills]

Re: e/w all e/w Hope this helps, Source: http://www.bettingmad.com/settling.asp Each Way All Each Way Most major bookmakers settle bets by default as 'win to win and place to place'. However, if you write 'each way all each way' or 'equally divided' on your slip, this is what you get. Some punters always take this option. As a general rule, depending on prices, if you have a mixture of winners and places in your bet, your returns are greater with 'each way all each way'. On the otherhand if all your selections win, you are better with 'win to win and place to place'. Smaller independent may have 'each way all each way' as their default rule. With these bookmakers, if you want 'win to win and place to place' you must write it on the slip. Always read the rules if your are betting 'away from home'. Smaller bookmakers adopt this rule because should a punter have an acculmulator with every selection winning, the payout would be less than 'win to win and place to place' as a larger part of the stake is invested on just the place part of the bet. For example, take the bet above: £1 each way 5/1 at 1/5 1,2,3 and 5/1 at 1/4 1,2,3 We know that with 'win to win and place to place' if both win the returns are £40.50 With the same selections in a £1 'each way all each way' double the return is only £33. The win and place bets are no longer separate bets, any returns are invested equally on the win and the place. The initial £1 each way is invested on the 5/1 at 1/5 1,2,3 and returns £8 ( 6 + 2 ). This £8 is then equally divided for the win and place bets on the second selection. Therefore, £4 is place on the win at 5/1 and £4 on the place at 5/4 ( 5 / 1 at 1/4 - 1,2,3 = 5/4). This £4 place bet, returns £9, giving a total return of £33 ( 24 + 9 ). As both selections won the return is lower - but what if there had been a mixture of winners and places? i.e. the 5/1 at 1/5 1,2,3 won - but the 5/1 at 1/4 1,2,3 was only placed. We know from above that the 'win to win and place to place' would return £4.50 However, with 'each way all each way' the return is £9 - twice as much! As above the initial £1 each way at 5/1 at 1/5 1,2,3 returns £8 ( 6 + 2 ) as that selection won - but as the stake is divided on the second selection as £4 win (lost) and £4 place on a 5/1 at 1/4 1,2,3 placed to give £9. What if both selections were only placed? The initial £1 each way on the 5/1 at 1/5 returns £2 This £2 is then split as £1 each way on the 5/1 at 1/4, the return is £2.25 So with 2 places the double returns £2.25 'each way all each way', which is only half of the £4.50 from the 'win to win and place to place'. This demonstrates how 'each way all each way' is only better with a mixture of winners and places. So as Clint Eastwood (Dirty Harry) would say "You have to ask yourself a question.... do I feel lucky?.....Well Do Ya?". Although the bookmaker may not have a 357 Magnum pointed at your head, your choice could cost a lot of money! I know of one punter who always had a £1 each way accumulator, every Saturday on 4 selections. Whenever he collected anything, it was always with a mixture of winners and places. He asked himself 'the question' and the following week he changed his bet to 'each way all each way' - you guessed it! All 4 of his selections won and he collected over £500. The only trouble was, had he stuck to 'win to win and place to place' he would have collected over £1200! Of course it would have been different with 2 winners and two places. One easy solution, to ease your troubled mind, is to split your stake. Why not do 2 x 50p each way doubles? One 'each way all each way' and the other 'win to win and place to place'. This way you get the best of both worlds and the bookie has to work harder for his money, having two bets to settle instead of one! Of course the prices of your selections are important. If you have short priced selections in your bet, 'each way all each way' returns are very low, as too much is invested on the place part.