What does Each Way mean in betting?

Each Way is a bet split into two parts: one part goes on the participant to win, and the other goes on that participant to finish in the places. This format is used most often in horse racing.

How does it work?

When a player places an Each Way bet, they are effectively making two wagers at once. The first part wins if the selection finishes first. The second part pays if the participant finishes within the paid places. The number of places covered depends on the bookmaker’s rules and the specific market.

Where is it used?

This format is most often used:

• in horse racing bets;

• in tournaments with a large number of participants;

• in markets where not only the winner matters, but also the finishing position.

Is it worth it or not?

Each Way is useful when a selection looks strong, but the risk of losing on a straight win is still noticeable. The payout on the place part is usually lower than the payout for first place, but the overall bet becomes softer in terms of risk. It is not a “safe button,” just a more flexible format for longer-priced markets.