Each Way Bets Explained

simon crisford horse royal ascot ostilio top hat enclosure
⚡️Get up to £100 in Bet Credits⚡️
Open account offer. Up to £100 in Bet Credits for new customers at bet365. Min deposit £5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.
Claim Bonus

What is a horse racing each-way mean in betting?

An each-way bet is one of the most popular methods of betting in the world of horse racing and you will often stumble across an each-way bet calculator every now and then, so we will aim to answer the question ‘what does each way mean in horse racing?’ right here for you.

An each-way bet explained will be quite easy to understand. Ultimately, when you’re betting on betting on horses, you want to pick the winner. It is that simple. However, it is not that simple to actually do, so picking a bet on a horse to win is tough to figure out, especially when you’re betting on something highly competitive such as the Grand National or the Cheltenham Festival. This is where each way horse racing betting comes into play.

If you can’t pick an outright winner in a horse race, an each-way bet gives you the chance to get a win if the horse you back doesn’t win but instead finishes in 2nd, 3rd, 4th or 5th place. Naturally, as you would expect, this will decrease the returns overall, but your chance of winning enhances too, as you’re backing multiple horses.

The two parts of a horse racing each way bet

Rather than use an each-way bet calculator, if you’re wondering ‘how does each way betting work?’, remember that there are two areas to this bet.

The initial part of an each-way bet is picking a winner in a specific horse race. The second part is the defining ‘each way’ aspect, where you are getting a return for a horse that finishes anywhere up to 5th place.

Simply put, if you're backing an each-way bet in horse racing, your bet is placed into the parts: the 'win' and the 'place'. Each part of the bet will be equal, so for example, a £10 bet will be split into two £5 bets. One half of the bet will be on the winner you chose, and the other will be on the ‘place’ bet, and if your horse managed to finish in positions 2-5, you would win the place bet. If they finish above 5th, your each-way bet would lose.

How do you make an each-way bet?

Placing an each-way horse racing bet is relatively easy once an each-way bet is explained, and it is also quite easy to find on the bookmaker you are betting with. More often than not, you will find that each-way bets are right next to the area where you bet on the outright winner, as you simply click the box that says ‘each way’ or ‘EW’ for short. Most races will allow for an each-way bet also, and it isn’t something that is just for bigger races and events like Royal Ascot and the Cheltenham Festival.

So, if you want to bet on an each-way bet, head to the horse racing section of the bookmaker you are betting with and choose the race or races you want to bet on. Input how much you want to place, and you can then have the option to click on an each-way bet before you cement the overall bet. You will then see this read on your betting slip as an each-way bet, with the returns listed out for you.

How many places are paid on an each-way bet?

The best rule of thumb for this one is if there are 5, 6 or 7 horses running in a race, then there are two places available, which means there is a cash return if backed each way on horses who finish first or second at quarter of the odds.

Ultimately, this essentially allows the chance to get a return on your bet if the horse you back doesn't win but finishes inside the top 5 anyway. Smaller races with only 5 runners in it obviously won’t have this rule.

Benefits of building an each-way accumulator bet

As is always the case when backing an accumulator bet, you have the chance to win more money but at significantly higher odds, meaning the chances of actually winning are not so good. The same applies to an each-way betting calculator, but as you will be betting on each race with a chance of a return from a placed horse, an each-way accumulator is a good way at getting some returns in.

On one hand, there is the increase in odds, but also, on the other hand, the unlikelihood of the whole thing winning also remains higher and to increase the odds much more than one each-way bet, you will need to add in quite a few selections.

How do I decide if an each-way bet is worth it?

An each-way odds calculator will help with this, but overall, the best way to figure out if it is worth it is to enter the amount you want on the each-way horse racing bet, and before you finalize the bet itself, take a look at what this could return.

On the other hand, another way to decide whether an each-way bet is worth it is to simply check the odds for the horse you’re backing to win to actually win. If the odds are high, it’s fair to say that the chances of an each-way bet would be quite small, simply because it is expected that the horse is expected to finish in these positions anyway, and vice versa.

Moreover, an each-way accumulator will be much tougher to work out as there are multiple bets and outcomes to consider and the overall maths would be greater, so it’s wise to send these over to an each-way odds calculator to get a definitive answer.

Will you at least break even if your selection places?

An each-way bet calculator will help you with this, but essentially, the answer here is no. This will all depend on the each-way horse racing bet itself and what the odds are here, but just because they are higher odds to finish as the winner doesn’t necessarily mean that the odds for an each-way bet will be generous too, as the bookmakers simply calculate that these outcomes are expected as they are not favoured to get into the winning positions as it is.

We advise that you head to our each-way bet calculator here in order to find out whether or not this is worth it.

How to calculate each way betting odds

Calculating the odds of an each way bet can be hard to work out so we don’t advise you sit there calculating it all by yourself, as you’re just going to take time out of your day!

If you want to calculate the each-way bet odds with an each-way odds calculator, simply head over to our each-way betting calculator and see what odds you get for each one.

Getting tips for racing each way betting

If you’re after the each-way bet tips and the each way meaning for your overall betting odds, you’ve come to the right place. An each-way horse racing bet isn’t incredibly complex to work out and the idea behind it is to ultimately cover different angles so you don’t lose cash, but of course, this isn’t as simple as the idea that just because you’re backing different outcomes you will win; your horse could finish 6th!

With this in mind, head to our each-way betting tip and take a look at all our latest each-way bet tips and our each-way horse racing predictions for each race out there.

Free Bets & Offers


✅ BET £10 ON RACE 1 AT FAIRYHOUSE & GET A £10 FREE BET FOR EVERY OTHER RACE ON THE CARD!! ✅
Place a pre-race £10 bet on any horse racing market, 26th - 28th November, at min. odds 1/5 (1.2) — get £60 in free bets on bet settlement. Your qualifying bet must settle by Sunday 23:59, 28th November. Only deposits via Cards will qualify (Apple Pay deposits excluded) T&Cs apply. Please Gamble Responsibly.
Claim Bonus
🔷 BET £10 AT FAIRYHOUSE AND GET £30 IN FREE BETS + MONEY BACK IF 2ND TO THE SP FAV IN ANY RACE THERE 🔷
New UK customers (Excluding NI) only. Mobile exclusive. Min stake £10. Min odds Evs. Free bet applied on 1st settlement of any qualifying bet. 30 days to qualify. Free bets expire in 7 days. Cashed out/Free Bets won’t apply. Payment method restrictions. 1 Free Bet offer per customer, household & IP Address only. 18+. T&C's Apply **18+. UK/IRE customers only. Max refund £/€20. Win or win part of e/w outright singles only. 5 or more runners. 1st bet on each race. Free bet expires after 7 days. Free/void/antepost bets don't qualify. Unnamed 2nd Favs don’t qualify. T&Cs apply
Claim Bonus
🌟 BET £10 ON RACE 1 AT FAIRYHOUSE & GET A £5 FREE BET FOR EVERY OTHER RACE ON THE CARD!! 🌟
New customers only • £10 deposit using promo code • Minimum stake £10 at odds of 1/2 (1.5) • Free bets credited upon qualifying bet settlement and expire after 7 days • Free bet stakes not included in returns • Deposit balance is available for withdrawal at any time. withdrawal restrictions & full T&C’s apply
Claim Bonus
🏇🏼 BET £10 ON ANY RACE TODAY & GET £40 IN FREE BETS! 🏇🏼
Sign-up via Mobile using promo code N40 and place a bet of £10/€10 or more and we will give you 4x £10/€10 free bets. By entering the Promo code in the box above you agree to the full terms and conditions of this promotion as displayed below. See full terms below.
Claim Bonus
BET £5 & GET £20 IN FREE BETS!!!! 😍😍😍
NEW CUSTOMERS ONLY. FIRST SINGLE & E/W BET ONLY. ODDS OF 1/1 OR GREATER. 2 X £10 BET TOKENS. FREE BET STAKES NOT INCLUDED IN RETURNS. FREE BETS EXCLUDE VIRTUALS. FREE BETS ARE NON WITHDRAWABLE. NO FREE BET EXPIRY. ELIGIBILITY RESTRICTIONS. FURTHER T&CS APPLY. 18+. BEGAMBLEAWARE.ORG
Claim Bonus
🔥 BET £10 ON ANY SPORT & GET £20 IN FREE BETS 🔥
18+, Welcome Bonus: New Players only, 1st Deposit, Min Deposit,: £10, max £20 free bets valid for 14 days, bets must be placed at odds of 1/1 or greater and be settled within 14 days of placement. begambleaware.org.
Claim Bonus
✅ BET £20 AND GET YOUR MONEY BACK IN CASH IF IT LOSES! ✅
New customers only. Deposit £20 using Debit Card or Trustly. Up to your first £20 of losses will be refunded as CASH within 24 hours of qualifying bet having been settled. T&Cs apply.
Claim Bonus

🏆 Money Back as CASH up to £20 if your first bet loses! 🏆
New customers only, limited to one per person. If you’ve previously had a Paddy Power account, you will not qualify for the offer. Place your first bet on any Sportsbook market and if it loses we will refund your stake in CASH. Max refund for this offer is £/€20. Only deposits made using Cards or Paypal will qualify for this promotion. T&Cs apply. 18+.
Claim Bonus
🔥 Bet £10, Get £30 FREE BETS + 30 Free Spins 🔥
New UK & NI customers only. Promo code SPORTS60. Deposit and place first sports bet of £10+ in one transaction, at odds of Evens (2.0)+, settled within 7 days of registration. First bet must be on Sports. £30 in Free Bets credited within 48 hours of bet settlement. 7-day expiry. Payment restrictions apply. SMS validation may be required. Max 30 Free Spins on Blue Wizard at £0.10 per spin. 7-day expiry. Full T&Cs apply.
Claim Bonus
⚡️Get up to £100 in Bet Credits ⚡️
Open account offer. Up to £100 in Bet Credits for new customers at bet365. Min deposit £5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.
Claim Bonus
GET A £30 MATCHED FREE BET IF YOUR FIRST FOOTBALL ACCA LOSES!!!! 🙌🙌🙌
New UK customers only. Min Deposit: £5. Maximum Free Bet: £30. First bet on a Football multiple with 3+ selections. Overall odds: 3.00 (2/1) or higher. Free Bets available upon settlement of the qualifying bet. Debit card deposits only. This is offer is valid for 7 days from your new account being registered. 18+ BeGambleAware.org Full terms apply.
Claim Bonus
🏆 Money Back as CASH up to £20 if your first bet loses 🏆
New customers only, limited to one per person. If you’ve previously had a Betfair account, you will not qualify for the offer. Place your first bet on any Sportsbook market and if it loses we will refund your stake in CASH. Max refund for this offer is £/€20. Only deposits made using Cards or Paypal will qualify for this promotion. T&Cs apply.
Claim Bonus
🌟 Bet £5 & get £30 in bonuses! 🌟
18+ New customers only. Opt in, bet £5 at odds 2.00+ within 7 days of registering, no cashout. Get 2x £10 Free Bets, set events at odds 2.00+. Plus £10 Game Show Bonus, selected games, wager 40x to withdraw max £250. 7 day bonus expiry. Card payments only. T&Cs apply. begambleaware.org | Please gamble responsibly
Claim Bonus
🤩 Bet £10 & get £20 in FREE BETS 🤩
New customers only, min deposit and bet £10 (£20 if E/W bet) from Debit card only. Paypal not accepted. Min odds evens (1/5 per multi selection). 2x £10 Free Bets valid for 7 days, stake not returned, no cash out. T&Cs apply.
Claim Bonus