A Greyhound Place Bet or Each Way Bet This is where you can bet on a dog to finish first, second or third place. Obviously, the odds for choosing this option will be significantly less attractive than betting on an outright winner. However, it does give you the opportunity to gamble with a little bit of security.
What does each-way mean in greyhound racing?
Each-way betting is generally limited to horse and greyhound racing, and allows you to split your stake to cover your horse or greyhound to both win and place in a race. To place generally means that your selection finishes in the top three.
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.
What does an each-way bet payout?
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.
How does an each-way bet work if you win?
An Each Way (EW, E/W) bet is essentially two separate bets: one for the horse to win, the other for the horse to place in any of the place positions offered in that race. This means you can receive a return on your bet if your selection wins, but also if it just places.
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