Thursday 23 November 2017

Each Way Doubles

If you haven't checked out my previous post, which is a mini guide to each way horse betting, you can find it here and once you understand the basics and the benefits of the E/W bet, where you can at least recover your stake money with a 4/1 selection that would come in 2nd or 3rd, should your selected horse not win the race. 

Well as nice as it is to have a kind of back up plan, the odds are still against us when it comes down to profit, so... Welcome and give praise to, ''the each way double''. This kind of bet is a far stronger investment and we can even except far shorter odds, as the returns can be amazing, should each selected horse come 1st.

Here is a quick example... 

You need to select 2 horses that are favourite or close to fav, from 2 separate races, back them both each way and link both separate races as a ''double'', Should you bet these as singular, the profit isn't that great, even if they were to win as £1.00 E/W on Horse 1 @5/2 would only return £5.13p.

But double them up...

Horse 1 odds @ 5/2. Plus horse 2 (from a separate race or meeting), is also odds @ 5/2. 
If both horses win you would get a much nicer return of £14.89p.
If only 1 horse wins and the other places or even if they both at least place, the return would be £2.64p and that's like getting a small profit of £0.64p from a losing bet.

Remember, these bets are minimal, using just a £1.00p E/W stake, (total bet =£2.00p).
But if we invest £10.00p on this E/W double, (total bet=£20.00p)
The return, should they both win would be £148.91p
If both at least place £26.41p and that's like getting a small profit of £6.41p from a losing bet.

As mentioned in a previous post, I like to invest in horses that are around 4/1 for E/W bets so that I am likely to get a return, should all not go to plan. 
So, if I select 2 horses around @4/1 for my £1.00p E/W double (total cost £2.00p)...
Both win returns £29.00p
Both at least place £4.00p This is like doubling my investment from an almost losing bet.

If you find it hard and struggle to pick horses for each way doubles, trebles or any other kind of accumulator bets, check out Pinnacle Racing Tips.

To your success, Bet Tips UK

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