A daily double is a parimutuel wager offered by horse and dog racing tracks (and at jai alai frontons) in North America. Bettors wager on the winners of two races, pre-designated by the track for a particular race day. The Daily Racing Form 's glossary defines a daily double as two consecutive races.

• The Daily Double is a bet where you try to predict the winner of two consecutive races. The standard wager amount is $1, but there are some tracks that have a $2 minimum wager for this bet. This was the first type of multi-race wager offered by tracks and is offered by almost any horse track in North America.
• With the Daily Double we have to correctly predict the winner in two consecutive races. This was one of the earliest exotic wagers to be introduced in American horse racing. While this wager is easy to understand, it’s not necessarily easy to get right. It’s hard enough to.

The each way double bet can produce good returns even if the odds are small; especially if 1/4 odds are offered on the place part.
If you backed a horse each way at 3/1 you would lose money but combine 2 of them in an e.w. double and you begin to start making money.

The principle is that the return on the first race, if it places or wins, is used for the stake on the 2nd race. If the 2nd race places or wins then the bet is successful.

Obviously the return depends on the odds involved.

Free Each Way Double Tips 09 March 2021

Back Gypsy Lee Rose @ 3.5 in the 16:20 at Newcastle

£10 e.w. double ( placing £10 e.w. on both bets)

What Is A Daily Double Bet In Horse Racing

or combining all selections into doubles

How Doubles Work

For example if we placed a £10 e.w. double on 2 horses in different races priced 3/1 at 1/5 the odds the return if both place is £25.60 giving a profit of £5.60.

If both win however the return is £185.60 and the profit is £165.60.

You can also place an each way bet on two or more horses in the same race. But of course only one of them stands to win.

Obviously the each way double bet is worth serious consideration especially if we can find ourselves a bet where one of the odds is say 10/1.
Let's look at the return for a £10 bet where we have odds of 10/1 and 4/1. This would return £620 giving a profit (less stake of £20) of £600 if both won.

What Is Daily Double In Horse Betting Horse Racing

The Oddschecker bet calculator makes it easy to work out potential returns. To use the calculator CLICK HERE.

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Checking Places/Odds For Each Way Double

The race types for places and odds can be found below:
Non handicap races
2-4 runners win only
5-7 runners 1/4 the odds for the first 2 places
8+ runners 1/5 the odds for the first 3 places
Handicap Races
2-4 runners win only
5-7 runners 1/4 the odds for the first 2 places
8-11 runners 1/5 the odds for the first 3 places
12-15 runners 1/4 the odds for the first 3 places
16+ runners 1/4 the odds for the first 4 places
NB You can automate your betting with BF-Bot Manager - the ultimate betting bot with a free trial period.
NB You can use betting software to place bets automatically. BF-BotManager is the one I use as it is reliable and is constantly updated to reflect best practice and industry thinking.

Recent updates to the software include:
Silk and other information for horse/jockey is displayed at selections form
Multiple Strategies bot - new Lay 1-4 staking plan added
Multiple Strategies bot - Events filter condition, added more events to filter by
Multiple Strategies bot - added 'Skip if favourite difference is not satisfied' market condition
Multiple Strategies bot - added 'Bet if score' market condition
Multiple Favorites bot - fix to retry bet placement if first bet placement failed
Web requests now use gzip compression, less bandwidth is used and faster response from server
Issue with bets history being lost should now be fixed
'Score' column is added to main markets grid, score is determined by using Correct Score market prices. Correct score market must be loaded and monitored during in play for this to work.
Auto loading of markets is improved
Bug fixes
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