An each-way bet is basically two bets: a win bet and a place bet. For the place part of the bet to give a return, the selection must either win or finish in one of the predetermined places for the event, such as first place or second place.
This means you can receive a return on your bet if your selection wins, but also if it just places.
When placing an each way bet, you stake an amount on both the win and the place.
So if you place €5 each way, you'll be placing €5 on the win and €5 on the place, a total of €10.
How to place an each way bet?
Ensure you tick the 'Each Way' box underneath your selection on the bet slip -
You can see that the total will automatically be doubled as it will look at the stake you want to place on each line of your bet.
How will this bet be settled?
Once the event has finished your bet will be settled shortly after by our Sportsbook team.
Let us give you an example:
In the 2017 Gold Cup the Each Way terms were a Fifth the Odds for 3 Places which is written as:
E/W Odds > 1/5 1-2-3
1,2,3 means we are paying three places (first, second and third) at a fifth of the odds (divide the winning odds by 5).
1. If your horse wins, you get returns for it winning and also the returns for it placing.
2. If it finishes 2nd or 3rd then you get returns for the place part only - your win bet is a loser.
Most horse races are either 1/4 or 1/5 the odds. Remember if your horse wins you get the win returns and the place returns, but if it only places you only get the place returns.
The amount of places depends on the type of race and the number of runners.