Each Way Bets Explained Places, Payouts & Examples

If your selection wins, you get a return on both the win part of your bet and the place part of your bet. You would receive a total profit of £96 along with your £10 original stake. I then took the view, based on previous runners, that horses carrying big weights might struggle in the conditions.

Each way betting is usually found in horse racing. But it can also be done for other sports with racing fields in excess of four runners. This can include tournament-based competitions such as the FIFA World Cup (football), the Masters (golf), Formula 1 (motor racing), greyhound racing and cycling. All of these events provide fantastic each way betting opportunities and some even have their own dedicated sports betting guides on site. In fact, any sporting event with multiple competitors will provide clearly defined ‘places’ for each way betting. However, individual football, boxing, rugby, tennis, snooker and darts matches only provide a winner and a loser and therefore aren’t suitable for each way betting.

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Because the chances of the horse finishing in the top three, four or five are greater than finishing first, the odds for the place part of the bet are reduced by the fraction provided.
Alternative place markets are available, especially around major events such as Cheltenham Festival.
In our example, Ladbrokes have said that they are paying four places instead of three, so the EW odds are 1/5.
Horse racing is a fast-paced, highly unpredictable sport.
A place usually refers to 2nd, 3rd and 4th, depending on how many horses are in the race and the terms of your chosen betting sites.

This includes how much you could get if your bet wins, as well as how much you could get if your selection doesn’t win but instead places in the sports event you are betting on. Should one of your selections fail to win, but place, you will still be in with the chance of winning money, but not the full amount. For some sporting events, there are no strong favourites and each selection is priced long. In such a market, it is much harder to predict who will win, but the long odds results in favourable odds even after the fraction has been applied. Some races also have a huge amount of runners involved, like the Grand National, which typically has 40 runners. This makes it a lot harder to predict a winner, so each-way betting gives you a better chance of receiving some winnings.

Usually, two places are offered for races with 5-7 horses, while three places are offered for races with 8-15 horses and so on. How much you win from the place part is determined by the original odds, as bookies tend to offer around 1/4 of the original odds for the place part. Each-way betting explained in the simplest way possible. It’s a flexible, beginner-friendly option in horse racing that gives you two chances to win from one bet.

Here is an example screenshot of an each way bet about to be placed on Ladbrokes. Yes, an each-way bet consists of two equal stakes (win and place), so the total cost is typically double. If you are unfamiliar you may be asking yourself “what is a non runner”? Essentially, a non-runner is a horse which is withdrawn from a race prior to the Off. The process of placing an each way bet will differ from bookie to bookie but here’s a general overview.

Benefits of building an each-way accumulator bet

Although they may not win the race, customers can still secure a good payout if they finish within the placing parameters set by the bookies. Each bets are one of the most popular bet types available on horse racing betting sites. The each way bet system lends itself perfectly to the sport, offering payouts for horses that place in the top two, three or four depending on the bookie. Each Way Betting is most common in horse racing, and events with a big field of competitors such as golf and tennis.

Here’s a clear guide on what each-way betting means, how payouts work, and key tips for making the most of this approach. Alex, a ten-year iGaming industry veteran and Managing Editor at BettingTools specializes in sports betting and betting tools. He also provides insightful reviews, ensures the accuracy of all offers, and maintains content quality helping you make informed choices. Combining professional expertise with a passion for football and soccer, Alex ensures we offer you a reliable resource, focusing on betting tools to assist with odds, accas, and other betting strategies.

How to make an Each-Way bet

Each bookmaker sets the number of places available for an event. Bookmakers often run promotions where they increase the number of places or improve the reduction fraction e.g. from 1/5 to 1/4. However, if they extend that to 5th or even 6th place, the payout is reduced to 1/5 of the odds quoted. If you’re completely new to this market, looking at an example might make it easier to understand how an each way bet works. Each betting site will have their terms and conditions for each-way betting. Betfair are a betting site that are well worth considering for each-way betting, especially with their betting exchange accessible to punters.

An Each Way Bet is one for those who prefer the delayed gratification of watching a bet play out over the long-term. There’s not quite the quick thrill of backing a horse or the immediacy of an in-play football bet. It’s more a slow-burning intrigue of following your selection’s undulating fortunes unfolding over the course of a season or tournament.

An each-way accumulator covers both the ‘win’ and ‘place’ part of an each-way bet. If you’ve wagered funds on an each-way accumulator and some of your selections win and some place, then your overall payout will be adjusted accordingly. If all of your selections in the each-way accumulator were to win, then you’d see a full payout based on the odds of the selections in your bet. Each-way betting is a good way to bet as it gives you a bigger chance of coming away with some winnings.

The place terms are selected by your bookmaker, requiring your pick to finish in the top two or three. Alternative place markets are available, especially around major events such as Cheltenham Festival. Each way bets allow customers to have a two-part bet, one on the selection to win and the other part on the selection to place.

👉 Want to sharpen your overall racing strategy? Visit our Horse Racing Betting Guide for expert tips on types of horse racing bets, markets, and value. You may fancy a team to win the World Cup or the Euros, but an each-way bet will cover you if they finish second. Just remember that picking each-way bets for football tournaments will only include the winner or the runner-up.

You can’t bet each-way when there are less than five runners in a race. Although there is an each-way option for up to seven places, sometimes even more with some bookies, we wouldn’t advise you to bet each-way if there are only two places on offer. pinup casino This doesn’t provide great value, and is certainly a scenario that you should avoid. That said, you can improve your chances of winning further with the ‘Each Way Extra’ feature.

Of those, Happy Diva did not stand out as a win selection. However, her chances of being placed showed her to be very compelling. She has now raced 16 times over fences, being brought down once, unseating once and finishing in the first three a remarkable 14 times.

Get 3x£10 in Free Bets for set markets & 50 free spins for Big Bass Return to the Races. 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. Make sure you check with the bookmaker what fraction of the odds they are paying as it differs between operators. Look out for Irish and UK Grand National extra place specials as bookies may add 7 places. This strategy can also be the case for golf, where betting sites will offers extra places for the majors up to the top 10.