In horse racing, if you were to place £5 each-way on a horse to win a race at 20-1, £5 would go on the horse to win and £5 to place – which generally means to finish in the first three.
It is mainly seen in horse racing and greyhound racing, but you can also place each-way bets on outright markets in most sports – like football, golf and snooker.
Each-way bets explainedĪn each-way bet is two bets in one, as you are placing one bet on your selection to win and another on your selection to place. To help you out, we’ve put together this guide to explain everything that there is to know about each-way betting and placing an each-way bet on sport. It may feel complicated at first, but betting each-way is an incredibly simple and enjoyable way to gamble on sporting events. When you are starting off, it may be that placing win bets (or betting on the ‘money line’) seems the most straightforward method to place a bet on sports, though one of the most popular bet types around is ‘each-way’ betting. The world of sports betting is a hugely exciting way to enjoy your favourite events, though if you are new to the sphere it can certainly seem daunting at first.
