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Each-Way Treble Bets

December 29, 2020, 11:10
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Each-Way Treble Bets

What Is an Each-Way Treble Bet?

Each-way treble bets are a way to make a lot of money on horse and greyhound races or any race with many participants. The capacity each-way bet has to produce many winnings is enormous as the winnings on staking once can be carried over to the next bet. They are much safer than the ordinary treble bets.

It is also seen by many expert pundits as some kind of insurance measure against total loss of money in an ordinary treble bet.

How Do Each-Way Treble Bets Work?

Each-way treble bets work in the following way:

  • Each stake is made twice. This means that to place a 100 INR stake on a race, you will have to spend 200 INR. This is because you are staking on two sets of outcomes: the ‘win’ and ‘place’ outcomes. The ‘win’ outcome involves correctly predicting who wins a race or competition (1st position). While the ‘place’ outcome means stating a participant who will turn out in any leading position (1st, 2nd, 3rd, 4th). The number of leading positions that a participant can end up winning is dependent on the number of participants in the competition. The point is to select three participants to win, either on the premise that they come first (wins) or take some other top position (places).
  • Unlike the ordinary treble bets, even if a punter loses the ‘wins’ category, he still has the ‘places’ aspect to help in cushioning the loss. What is even better is that if he wins in both types, he will earn a cumulative win from both of them (the wins and places category).
  • If one of the three selections in an each-way treble does not make it to the top, then the entire bet is lost.
  • Usually, the odds for the ‘wins’ part are listed beside each competitor; they may be given in fraction or decimal formats. The odds for the ‘places’ category are usually a quarter(1/4) of the ‘wins’ odds.
  • If the one or two selections in the ‘wins’ category fail to win, then the ‘wins’ odds can not be applied to the stake. Instead, the ‘places’ odds will be applied provided none of the selections fall behind the criteria for the ‘places’.
  • In the ‘places’ category, all that is needed is all three selections to come in top positions to win.

Here are some possible outcomes

  • All three horses you select win; this means your ‘wins’ and ‘places’ bet wins
  • Only one of the horses/greyhounds wins; this means you have either a ‘wins’ or ‘places’  win.
  • None of your three selections win; this means you have lost all means of winning anything.

Let’s consider an example for illustrative purposes.

In their respective horse races, each having 8 horses, to place an each-way treble bet, Rapid Fire, Monahan Boy and Bullseye are, according to you, likely to win their races. You want some kind of insurance so that even if they don’t win, you still win some money and, therefore, you decide to go for the each-way treble bet. These are the statistics and how it will pan out:

A. Treble Wins 

Selections Odds  Outcome 
Rapid Fire 7/3 or 3.337 1st (Wins)
Monahan boy 13/5 or 3.6 1st (Wins)
Bullseye 7/2 or 4.5 1st (Wins)

B. Treble Places

Selections Odds  Outcome 
Rapid Fire ¼ of 3.337 (0.8343) Places (1st, 2nd, 3rd)
Monahan boy ¼ of 3.6.   (0.9) Places (1st, 2nd, 3rd)
Bullseye ¼ of 4.5.    (1.125) Places (1st, 2nd, 3rd)

The principle of each-way treble bets involves staking the same amount on all three. If you want to get a 100 INR each-way treble stake, you should stake 100 INR on each of the selections, making a total of 300 INR (100+100+100=300 INR).

Potential Outcomes

If the ‘wins’ outcome occurs for any of them, then the punter goes home with:

  • 100 INR x 3.337 =334 INR and
  • 100 INR x 3.6 = 360 INR and
  • 100 INR x 4.5 = 450 INR.

In total, 1144 INR.

If, in addition to him winning a ‘wins,’ he also wins a ‘places’ bet, this will be ¼ of the winnings on the ‘wins’ outcome.

  • ¼ x 334 INR = 83.5 INR
  • ¼ x 360 INR = 90 INR
  • ¼ x 450 INR = 112.5 INR

Total = 286 INR.

That will then be a grand total of 1144+286 = 1430 INR.

If the bettor loses the ‘wins’ outcome but wins the ‘places,’ he takes home only ¼ of the fraction or odds of the ‘wins’ category.

It looks something like this:

  • ¼ x 334 INR = 83.5 INR
  • ¼ x 360 INR = 90 INR
  • ¼ x 450 INR = 112.5 INR

Total = 286 INR.

So, even in losing the ‘wins” category, you still stand to gain considerably. The wins are rolled over to the next stake.

The only situation in which the punter loses with no money is if the ‘wins’ outcome fails at the same time that the’ places’ outcome flops.

Then summarily, we would have:

Selections  Odds  Outcome             Wins
Rapid Fire 7/3 Wins √              Places√         1144
Monohan boy 13/5 Wins √              Places√         + 286
Bullseye 7/2 Wins √              Places√          1430

The ‘places’ bet category may not always be ¼ of the wins odds. Sometimes, it may be ⅕ of it, it all depends on the number of participants in each race.

  • In some races with 5-7 participants, 1st and 2nd places at ¼ of the original odds.
  • In some races with over 8 participants, 1st, 2nd and 3rd places have ⅕ of the original odds.

What matters is that you’re still winning something that can be rolled over for your other stakes.

When comparing betting types, each-way treble bets are more expensive than the ordinary treble bets. Also, they are more restricted to greyhound and horse racing, whereas treble bets can be more suitable for football games.

It is more likely to win with each-way treble bets than ordinary treble bets, but it is possible to win more significantly with the ordinary treble bet.

Summary

The each-way treble bet is a smart and safe option for bettors to win considerably well. It is also important to use a good bookmaker that gives the best odds and the most reliable payout system. That bookie is none other than 4rabet. You can rest assured that you are in the right hands.

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