Last Updated on 7 March 2018
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What is an Each Way Bet?
An Each Way bet is actually two bets: A Win bet and a Place bet.
For example, a bet of $5 Each Way is a Win bet of $5 and a Place bet of $5.
This means that a $5 Each Way will cost you $10 to put on.
Example. If you have $5 each way on a runner paying $4.00 for a win and $2.00 for a place.
You will outlay $10.00 on your bet.
If your runner wins you will get paid $30.00
$20.00 from the win and $10.00 from the place.
If your runner runs second or third place you return will be $10.00
$0 for the Win and $10.00 from the Place.
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