Each Way Betting Explained

Each Way Betting (often shortened to ‘ew betting’) involves essentially placing two bets on the outcome of a sporting event – one ‘win bet’ and one ‘place bet’. Hence, a £10 each way bet would involve a total stake of £20 – £10 on the win and £10 on the place portion. Each way betting can also be used in other sports such as football and golf, among others. It works well in sports with outright markets where punters can back a team or player to finish in the top positions.

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Head to our Promotions Page to profit from the latest offers and enhanced place terms. Your total stake is double the listed amount. So a £10 each-way bet means £10 on the win, £10 on the place, £20 total. Basically with a ‘Win’ bet, if you back a horse to win and it does, then you win. Add that to the £205 ‘win’ portion and you’ve got £250 in winnings.

Inter Win @ 13/10

You can see if each-way betting is available by looking for the E/W or EW symbol. Next to it, the card will show the number of places applicable to the place wager. Some bookies also show the place odds (⅕ or ¼).

Again, in horse racing the most common terms offered are 1/4th and 1/5th, whilst our previous FA Cup example is offered at 1/2. The amount of places paid out in an each-way bet varies from race-to-race and depends on the bookmaker you are using. There is a minimum amount of places that an each-way bet can offer and that is 2. They can offer 2 places if there are a minimum of 5-7 horses running. For big horse racing events like the Grand National, we can see betting sites be very generous and offer 5 pinup casino or 6 places for each-way bets.

Receive 2 x £10 free bets within 24 hours of bet settlement, and further 2 x £10 casino bonus the next day. The examples below show payouts at 1/5 of the quoted odds for an each-way bet where your horse placed 2nd,3rd,4th, (5th or 6th selected bookmakers only). Each-way bets are a popular way to bet in horse racing, especially if you like an outsider or want to give yourself a better chance of getting a return.

Bookmakers often offer more than the standard number of each-way places or more generous each-way fractions on selected daily races in the form of an existing customer offer. Each-way betting is a really useful tool to use when you understand it, while for many punters, it can actually be a really quick way to lose money. In this guide, our goal is to explain when and how you should make use of it, adding another string to your bow. 👉 Want to give yourself an edge before betting?

How many places does an each-way bet pay?

That’s why many online bookmakers offer Each Way Bet calculators. Facilitating the UK’s largest online betting community, we provide our own tips on popular betting markets as well as offering the latest bets and offers. The advantage of an each way bet is that it opens the chance of receiving a payout on your bet even if your selection fails to win outright. By splitting your stake, you increase your chances of winning your bet and it reduces the risk of losing your stake entirely.

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• In terms of your profit, you would receive £80 for the win bet, and a return of £16 from the each way portion.
• Often for big races or as a special promotion the big bookmakers will offer enhanced place terms where they pay an extra place or pay the place part at 1/4 instead of 1/5.
• A £5 each-way single on a 10-1 selection in golf and paying 1⁄5 the odds a place 1, 2, 3, or 4 would cost £10.
• It is unlikely that your bookie will pay out on three places (or 1/5)  if a non-runner sends a field from eight to seven before the starter has waved his flag.

The same applies to an each-way betting calculator, but as you will be betting on each race with a chance of a return from a placed horse, an each-way accumulator is a good way at getting some returns in. An each-way bet explained will be quite easy to understand. Ultimately, when you’re betting on betting on horses, you want to pick the winner. This is where each way horse racing betting comes into play. Free Bets are paid as Bet Credits and are available for use upon settlement of qualifying bets.

Here you are backing a selection – Liverpool to win the league, Galopin Des Champs to win the Gold Cup – to win outright. Any other outcome and your stake will be lost, except for events in which the possible outcomes include a dead heat, when your return will usually be calculated at half the odds. If your selection is victorious, the ‘win’ part of the wager pays out in the normal way, so £2 at 10/1 equals £20 profit – and the return of your £2 win bet stake brings the return up to £22. This means that if your horse does not win the race, but finishes in the advertised places you would still get a return. Whether the return is more than your initial stake depends on the odds. Subsequently, the ‘place part’ is usually paid out at between 1/3 and 1/5 of the original odds, while the winner bet will be paid out at full odds if the horse wins.

In our example, Ladbrokes have said that they are paying four places instead of three, so the EW odds are 1/5. Nonetheless, Newcastle are unlikely to win the Premier League; it’s a sentiment reflected by betting odds, with most bookmakers valuing Eddie Howe’s team at 28/1 to clinch the title. Yet, more unlikely Premier League titles have been won. Opt in & bet £10 on Horse Racing odds of 2/1+ within 3 days of registration.

Each way bets are one of the most popular types of bet provided by betting sites in the United Kingdom. Sometimes it can be tricky to work out where the value lies. Especially when a firm offers an extra place but reduces the terms from a quarter to a fifth of the odds, As a rule of thumb, the extra place is worth the reduction in terms. One thing to be wary of is if you lay a bet at standard place terms to back the selection at enhanced terms, you may still end up out of pocket if you accept an extra place. Most casual punters bet each-way because it reduces their chance of losing. It is, therefore something of a psychological crutch.