***OFFICIAL*** Raman's E/W Printing Money Thread

[StuartHopkin]

Third

Sigh dont know which horse I was watching then!

[millidonk]

sigh, my triple down would have been nice. over to Marseille.

[Raman]

15.1 point loss today.  Not so great. 

[typhoon13]

15.1 point loss today.  Not so great. 

You aint gonna win em all.

15.1 loss with no winners aint bad also.

[jakally]

It is not very often that I will do a Lucky 15/31 etc, its just giving money to the bookmakers.  They love punters placing these bets, stick to singles, doubles and the occasional treble and if you really want to go for it then roll up a few different 4/5 pick e/w accas.  Even for small stakes getting one of these up every so often will cover you well. 

Isn't that to some extent, the case with each way bets though?
Have you tried working out what your return is on the win portion of your bets, versus the return on the each way bit?

[Laxie]

It is not very often that I will do a Lucky 15/31 etc, its just giving money to the bookmakers.  They love punters placing these bets, stick to singles, doubles and the occasional treble and if you really want to go for it then roll up a few different 4/5 pick e/w accas.  Even for small stakes getting one of these up every so often will cover you well. 

Isn't that to some extent, the case with each way bets though?
Have you tried working out what your return is on the win portion of your bets, versus the return on the each way bit?

Was wondering about this too.  I don't know much, but isn't it throwing money away putting an e/w bet on anything with less than 8/1 odds?  Fine and well if the horse wins, but if not - at quarter the odds or worse, you're handing the bookies money.  No?

[redsimon]

It is not very often that I will do a Lucky 15/31 etc, its just giving money to the bookmakers.  They love punters placing these bets, stick to singles, doubles and the occasional treble and if you really want to go for it then roll up a few different 4/5 pick e/w accas.  Even for small stakes getting one of these up every so often will cover you well. 

Isn't that to some extent, the case with each way bets though?
Have you tried working out what your return is on the win portion of your bets, versus the return on the each way bit?

Was wondering about this too.  I don't know much, but isn't it throwing money away putting an e/w bet on anything with less than 8/1 odds?  Fine and well if the horse wins, but if not - at quarter the odds or worse, you're handing the bookies money.  No?

5/1 surely?

[Laxie]

It is not very often that I will do a Lucky 15/31 etc, its just giving money to the bookmakers.  They love punters placing these bets, stick to singles, doubles and the occasional treble and if you really want to go for it then roll up a few different 4/5 pick e/w accas.  Even for small stakes getting one of these up every so often will cover you well. 

Isn't that to some extent, the case with each way bets though?
Have you tried working out what your return is on the win portion of your bets, versus the return on the each way bit?

Was wondering about this too.  I don't know much, but isn't it throwing money away putting an e/w bet on anything with less than 8/1 odds?  Fine and well if the horse wins, but if not - at quarter the odds or worse, you're handing the bookies money.  No?

5/1 surely?

Like I said, I've no clue.  Understanding in my own head was at 8/1 or better, if they place at the very least you get all your bet back.  At 5/1 you're only getting the 'place' side of the bet back and handing over the 'win' side to the bookies.  No?

[redsimon]

Horse priced 5/1

1 point win

1 point place

2 points staked

Comes second

1/5th EW odds

2 points returned....break even

Or have I missed something?

[Laxie]

You get your 'place' bet point back plus the winning point?  If that's the case, then I've learned something new. 

[typhoon13]

Or 4/1 depending on how many runners.

Backing e/w on lesser odds is for the bigger players when they are very confident of a big run.

it gives them some insurance on there initial outlay if there fancy just gets turned over.

[Raman]

15.1 point loss today.  Not so great. 

You aint gonna win em all.

15.1 loss with no winners aint bad also.

I don't expect to win them all but just frustrated by how close some came to the place and one came to the win. 

Regards some of the other posts, personally I have always preferred betting e/w.  I just think it gives you more insurance.  Especially the way I bet.  I am generally trying to find horses that will improve on what they have shown before at bigger prices.  I could probably take a less risk adverse strat and pick out shorter priced horses but over the longer term I think this dilutes any profits. 

[jakally]

My question wasn't odds related............. there are obviously situations at short odds where an each way bet can be the most profitable option.

My understanding is that each way bets are generally  more profitable for the layer, than win only bets.
Therefore, if we do all, or almost all, of our bets each way, we are taking a less profitable strategy.

I'm no expert though, and I could be misinterpreting stuff that I have read.

[kukushkin88]

My question wasn't odds related............. there are obviously situations at short odds where an each way bet can be the most profitable option.

My understanding is that each way bets are generally  more profitable for the layer, than win only bets.
Therefore, if we do all, or almost all, of our bets each way, we are taking a less profitable strategy.

I'm no expert though, and I could be misinterpreting stuff that I have read.

This is incorrect, some of the best value bets you´ll ever see will be the place portion of an e/w bet in an 8/9 runner race at odds considerably shorter than 4 or 5/1.

[jakally]

My question wasn't odds related............. there are obviously situations at short odds where an each way bet can be the most profitable option.

My understanding is that each way bets are generally  more profitable for the layer, than win only bets.
Therefore, if we do all, or almost all, of our bets each way, we are taking a less profitable strategy.

I'm no expert though, and I could be misinterpreting stuff that I have read.

This is incorrect, some of the best value bets you´ll ever see will be the place portion of an e/w bet in an 8/9 runner race at odds considerably shorter than 4 or 5/1.

I understand that there are very profitable e/w situations.
I am questioning whether it is better as a general strat. to punt to win, or to punt each way. (i.e. default one way or the other, and only vary this if there is a clear reason to do so).