If you’re new to greyhound racing or just looking to learn more about betting options, the each-way bet is a flexible choice!
Offering two chances to win – one if your greyhound takes first place, and another if it finishes second – it’s handy to understand the ins and outs of an each-way bet before your visit to Owlerton Stadium.
Keep reading to find out how it works, how to calculate your winnings, and all of the helpful FAQs our team are asked…
What is an Each-Way Bet?
An each-way bet is a popular choice for greyhound racing fans. It’s basically two bets in one: a bet on your greyhound to win and another for it to come second.
This means you could still get a return, even if your dog doesn’t take the top spot – It’s ideal for those who don’t want to put all their eggs in one basket!
How Does an Each-Way Bet Work?
An each-way bet works by splitting your stake into two parts – If your greyhound wins the race, you’ll win both parts of the bet. If your greyhound doesn’t win but finishes second place, you’ll still get a return on the place portion – though it’s at a lower payout than the win.
Each-Way vs Win Bet
The choice between an each-way bet and a win bet comes down to the kind of outcome you’re hoping for…
A win bet is simple – you’re betting on your greyhound to win the race, and if it comes in first, you’ll get a return based on the odds. It’s all about backing the winner.
An each-way bet, however, covers two possibilities. You place one part of your bet on your greyhound to win and another part on it to finish in the top two. This gives you the chance of a payout even if your greyhound doesn’t finish first, as long as it places in one of the top spots.
So, if you’re backing a dog with a good chance of placing but not necessarily winning, an each-way bet gives you more chances to win compared to a straightforward win bet.
Each-Way Bet FAQs
1. Is there a minimum spend on each-way bets?
Yes, the minimum is £4. Essentially, it is two separate bets and the minimum stake is £2 per bet. One is to win and the second is a place.
2. Can I place an each-way bet on any greyhound race?
Yes, you can place an each-way bet on any greyhound race where the tote offers this option.
3. What happens if my dog doesn’t place?
If your greyhound doesn’t place and doesn’t win, you lose both parts of your bet. However, if it wins, you’ll win both the win and place portions of the bet.
4. How do I make an each-way bet?
There are plenty of tote runners around Owlerton Stadium to assist you with placing your each-way bet. They can advise on any questions you may have about the odds and payouts.
Start Planning Your Owlerton Visit
Now that you’ve got the basics of the each-way bet, you can readily place your next bet at the races. Don’t fancy trying this bet type? Not to worry, we have plenty of other betting options available.
So, get booking your next weekend with us at the track and see how the each-way bet works for you!
