A place bet is betting on a dog to finish in the “places”. In conventional, six-dog races, the first two home represent the places. Each-way. An each-way bet is two separate bets: a win bet, and a place bet. Should your selection win the race, both your bets will be paid out as a winner.
How does a each-way bet work?
An each-way bet consists of two bets of equal cost, a win bet on your selection to win an event and a place bet on it to finish within a certain number of places specified by the bookmaker beforehand.
What does each-way mean in racing terms?
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.
What is the best way to bet on greyhounds?
The most common way to bet on greyhound racing is to either pick a dog and back it to win a particular race, or you can back a dog to be placed in order to have a better chance of winning. This means it must finish in the top two, though your winnings will be lower than if you select a dog to win the race.
Is each-way 1st 2nd and 3rd?
It essentially gives you the chance to get a return on your money if the horse you back doesn't win but instead finishes in 2nd, 3rd, 4th or 5th place. 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.
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