What is an "each way" bet in horse racing.?

Question

What is an "each way" bet in horse racing.?

Answer 1

it is when you have say $5 for a win and $5 place if your horse wins you receive both win and place depending on the amount that the horse was starting at when it jumps at the barrier, [ie] your horse may start at $10 win and only pays $2.50 for a place, so you would get $50 for the win as well as $12.50  place = $62.50. but if the horse only comes 2nd or 3rd you only get $2.50 place value x $5 = $12.50

Answer 2

An Ew bet is 2 bets!

Your 1st bet is your WIN bet: if the horse wins at say 4/1 and you have bet £1 each way the Win part will pay £5.

The 2nd part is the PLACE bet.  If your horse is 1st 2nd 3rd or 4th you will get £1 at a 1/4 of the odds! in the case of a 4/1 shot, even money or 1/1!  This part will return £2.

Therefore, £1 ew way on a 4/1 shot in the G National will cost £2 and return £7 if it wins or £2 if it comes 2nd 3rd or 4th!

The number of places that are paid depend on the number of runners and whether or not it is a handicap!  But for the G N the above is correct!

Answer 3

it means you get a payout if your horse comes in as any of the first four.

Answer 4

Following other answers an each way bet  is a good way of backing an outsider at generous odds if you are not convinced that it will win but will get a place. Second or third in most races but they pay on fourth if there are enough runners. You only get a quarter of the odds but if your choice is say a 60 to 1 shot it is a good way of enjoying a flutter with a reasonable chance of a return. Very often in races like the Grand National a couple of the minor place will be filled by horses at long odds.

Best each way bet I ever had was on a horse I owned a leg of i.e a fourth part owner and it came in second at 50 to 1 most probably due to the fact that most of the field fell at one fence in fog at Newton Abbott. Had they stayed intact it would probably have come last as usual!!

Answer 5

Yeah, thats basically correct, the further back your horse comes, the less payout you get, but its most commonly used when you want to bet on a horse, bt aren't 100% positive it will win, so you think it will come 1st or 2nd. To bet on a horse to come 3rd or 4th is a bit daft, and something I would avoid.....Good Luck!

Answer 6

4 runners or less,win only

5 to 7 runners,first or second

8 runners or more first second or third

to get a forth place the race must be a handicap,

with 16 runners or more,

handicapped races are settled at 1/4 the odds

non handicapped races are settled at 1/5 the odds

Answer 7

Here's a link to great tips for betting on horses.

http://horsebettingracingsystem.blogspot...

Answer 8

You bet that the horse will either win the race or will gain a place.Usually half of the amount staked will be for a win at starting price odds and the other half of the stake will be for the horse to be placed at a third or a quarter of the starting price odds.Most races the place bets cover the horse coming in the first three but in some large fields,like the grand national,it may extend to the first four.Races with very small fields may only pay for a place in the first two.So for example you bet on a horse at £1 each way,your stake will be £1 for a win and £1 for a place, total staked £2.

Answer 9

I'm confused now cos i thought that it meant that the horse could run either way around the course and you just bet which way it was going to run.

Answer 10

To win or place.  Only back each way if it is a decent price against a short favourite.

Answer 11

You probably mean "boxing" a wager. With exacta, trifecta and superfecta wagering, you are boxing runners so if they place in any combination you will have a winning ticket.

Example: I play an Exacta box with 2-7. That means they win-place, I cash in.

You can use as many horses as you wish, though a handicapper must obviously weigh the possible money that could be won with the amount wagered.

Answer 12

it means you can put it on to win or be placed,so if you pit £2 on each way you sort of double your bet and put £2 on for a win and £2 for it to be placed.