Each-Way Betting Guide

Each-Way Betting Guide

What is each-way betting?

Below is a description of each-way betting along with a visual run-through courtesy of SportNation.

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An Each Way bet is 2 bets on one horse, one on it to win and one on it to place, so therefore your stake on an each way bet is double (E.G. £1 each way is a total stake of £2). The ‘Win’ part of the bet is on your horse to win the race, and the ‘Place’ part is on your selection to finish either first or in one of the number of places, e.g. 2nd, 3rd, 4th etc.

If your horse wins (Get in!), both the ‘Win’ and ‘Place’ parts of the bet will pay out. However, if your selection only places, you will lose the ‘Win’ part of your bet (and the stake) but get paid out on the ‘Place’.

The odds for the ‘Place’ are given as a fraction of the odds for the ‘Win’ and will be displayed to you when you place your bet.

So for example, if a £1 each way bet is placed on a horse priced at 20/1 and it finishes 2nd; returns will be broken down as follows:

The £1 win part of the bet is lost

The £1 place part of the bet is settled by dividing the price by the fraction offered before the race (typically 1/4 or 1/5th)

2o/1 @ 1/4 the odds: 20 divided by 4 = 5/1. £1 at 5/1 = £6 returns

20/1 @ 1/5 the odds: 20 divided by 5 = 4/1. £1 at 4/1 = £5 returns


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