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How does an each-way bet work if you win?

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Created: 2022-07-05 00:57:10

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An each way (EW, E/W) bet combines two separate bets in one – you're backing your horse for both the win and the place. It is essentially two individual bets. If the runners wins, you collect the win and place dividend. If the runner finishes second or third, you collect the place dividend only.


What happens if an each-way bet wins?

Each-way means you are betting on two things. The first is that the horse will win. The second is that it will finish anywhere up to 5th place. Because of that, your bet is made up of two parts: the 'Win' and the 'Place'.

How does each-way pay out?

For example, both an eight-runner race and a 15-runner race pay out on three places for each-way bettors as standard. In the eight-runner race your 16/1 each-way bet only has to beat five rivals in order to place, whereas in the 15-runner race they have to finish ahead of 12 rivals.

What does $10 each-way mean?

An each-way bet combines two bets into one; a win bet and a place bet. A $10 each-way bet means that the bettor is wagering $20 in total; $10 for the win and $10 for the place. If the runner finishes 2nd or 3rd, the bettor will receive the place dividend.

How does win or each-way work?

An each-way bet is a wager offered by bookmakers consisting of two separate bets: a win bet and a place bet. For the win part of the bet to give a return, the selection must win, or finish first, in the event.

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