{"id":34241,"date":"2023-05-04T16:41:47","date_gmt":"2023-05-04T16:41:47","guid":{"rendered":"https:\/\/www.safebettingsites.com\/?page_id=34241"},"modified":"2023-05-10T14:33:22","modified_gmt":"2023-05-10T14:33:22","slug":"what-does-each-way-mean-in-betting","status":"publish","type":"page","link":"https:\/\/www.safebettingsites.com\/what-does-each-way-mean-in-betting\/","title":{"rendered":"What Does Each Way Mean in Betting?"},"content":{"rendered":"
Discover what does each way mean in betting if you need to know. Get the lowdown on this very popular wager, including how it works and when is the best time to use it.<\/p>\n
An each way bet<\/a> is most commonly associated with the sport of horse racing and sees you wager on both an outright win and the selection running into a place. Your unit stake is double that of a single to cover both elements. Odds for a place are a fraction of the outright win price.<\/p>\n Ideally, you’ll be able to make a profit just from your pick finishing placed but the maximum payout is available if you back a winner as both aspects of the wager give a return. Sometimes abbreviated to EW betting and also written E\/W bet, you’ll see all three used interchangeably.<\/p>\n When posed the question what does each way mean in betting on horses, the answer is slightly different than with other sports that online betting sites<\/a> have subsequently adopted it for. Any wager of this type is only possible because of its introduction to the industry through horse racing.<\/p>\n That legacy remains to this very day. The number of runners taking part and the type of race in question determine what fraction of outright win odds pay for a place, as well as how many. We’ll get to the industry standard terms shortly. First of all, it’s good for you to know the fraction available will either be a quarter or a fifth of fixed horse racing betting<\/a> odds in the UK.<\/p>\n In the event of non-runners, it’s also possible that each way terms will be revised by the bookies. This is perfectly legal and to ensure fairness for all. The bookmakers will have to refund many bets on the withdrawn horse and, if its absence takes the size of the field below the minimum threshold for certain terms to be offered, that is unfortunate but the customary rule.<\/p>\n If you’ve been wagering each way on the horses in advance in the ante post betting<\/a> markets, then bookies must honour the terms on which that bet was struck. That’s a subtle difference in the rules governing their behaviour, but an important distinction that you should remember.<\/p>\n If there aren’t at least five runners in a horse race, then you can forget getting an EW bet on that event. Should there be more than four but fewer than eight runners, then second place pays. With eight or more entrants, you’ll get a minimum of three places depending on the type of race.<\/p>\n Conditions races with that many runners are a fifth of outright win odds, but handicaps pay a better fraction at a quarter. The table below contains all the information from Tattersalls Committee Rules on Betting with Rule 3<\/a> governing standard practice for both on and off-course bookies offering each way markets:<\/p>\nWhat Does Each Way Mean In Horse Racing?<\/h2>\n\n
Place Terms Explained<\/h3>\n
\n\n
\n Number of Runners<\/b><\/td>\n Place Terms<\/b><\/td>\n Notes<\/b><\/td>\n<\/tr>\n \n 1, 2, 3 or 4<\/td>\n None, win only bets<\/td>\n Standard industry practice<\/td>\n<\/tr>\n \n 5, 6 or 7<\/td>\n 1\/4 for 2 places<\/td>\n Extra Places at bookies’ discretion<\/td>\n<\/tr>\n \n 8 or more in conditions races<\/td>\n 1\/5 for 3 places<\/td>\n Extra Places at bookies’ discretion<\/td>\n<\/tr>\n \n 12-15 in handicap races<\/td>\n 1\/4 for 3 places<\/td>\n Extra Places at bookies’ discretion<\/td>\n<\/tr>\n \n 16 or more in handicap races<\/td>\n 1\/4 for 4 places<\/td>\n Extra Places at bookies’ discretion<\/td>\n<\/tr>\n \n Additional places<\/td>\n 1\/5 for 5, 6 places, etc<\/td>\n Available at bookies’ discretion<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n