Each way betting has become ubiquitous, and there is no shortage of online bookmakers rushing to supply the best odds for this type of wager.
An each way bet allows you to combine a couple of selections onto one slip, and it can be split into two key components — half of the wager will go on a horse to win while the other half of the stake will be for a placing.
While it is primarily used in horse racing, the betting method can be applied to other sports, such as golf. It is an age-old concept and one that many UK punters are happy to indulge in.
Whichever site you sign up for, if you are targeting selections for the biggest horse races, such as the Grand National or the Derby, or general meets, you may be desperate to track down each way tips today. But what does each way bet mean and what does each way mean in betting?
If you want to learn more about the principles of the each way bet, and how to get the most from this style of bet, then this guide will be the perfect companion.
Making an each way bet requires being methodical in your research, but how does each way betting work? At many of the top horse racing betting sites in the UK, odds will be selected by bookmakers based on several factors ahead of a race, including track conditions, the current form of the horse, as well as past results.
But within this, there are a few things that you ought to take note of before you place a bet:
Usually, the minimum number of each-way places will depend on how many runners are there for a specific race. Our handy table is a good general rule of thumb.
|Runners||Minimum each-way places offered|
|8 or more||3|
|16 or more (handicap races only)||4|
Horse racing and each way betting go hand in hand. For any given race, there will be a set number of places out, and this will be dictated by the number of runners in the race, which we outlined earlier.
Most bookmakers will have a fine selection of UK and international races for punters to tuck into. Usually, these markets will be replete with a wide range of stats that you can pore over, such as the race conditions or the going of a track (firm, good etc), as well as the results of the runners.
Unlike outright betting, each way betting can be very enjoyable as there are more elements to your wager. You are not relying solely on a horse to win, and as such, it bolsters your chances of getting some return on your bet. Below, we have provided an example of a typical each way bet ahead of a UK horse race.
Each way betting isn’t just limited to horse racing. There are a few sports where it can be applied such as:
However, most reputable bookmakers will have each way prices listed for golf. With golf, there are generally bigger fields on the PGA Tour (roughly 150 per tournament), so picking a winner is no easy feat.
To use an example, let’s look at the Masters champion Jon Rahm’s odds before the 2023 edition. The odds provided by BoyleSports below show Rahm was fancied.
Let’s say you staked a £5 bet on Rahm to win at 8/1, which would return £45 (5 x 8 + your original stake).
A £5 bet for Rahm to finish in the top 10 (represents a fifth of the odds or 2/1 would return £15 (2 x 5 + your original stake).
From here, your total winnings would be £45 + £15 = £60.
In golf, the bookmaker will normally pay out five each-way places before a tournament, and a quarter of the outright odds.
When compared to horse racing, golf will have more places allocated per tournament, and as such, it will be more lucrative in terms of potential winnings that you could collect if successful.
At most UK bookmakers, you will find the prices are often advertised in fractional format. There will also be intuitive bet calculators that will do the groundwork for you when you input your selections on your betting slip, so you can see your potential returns.
Before, you may have asked what does each way mean in horse racing? Now, armed with a bit more knowledge, you can apply the principles picked up to calculate some each way bets. If you want to keep on top of all the horse racing news, then Ladbrokes will serve you well, and you can already locate Grand National odds for the 2024 edition, as illustrated below.
Anyway, let’s give you an example, using the 2023 Grand National which saw Corach Rambler triumph.
So, let’s say you place a £5 each way bet on Corach Rambler to win the Grand National at the advertised odds of 16/1. As you can see places 1-2-3-4 offer a fifth of the odds or just over 3/1.
Corach Rambler could finish third, so you would take home £21.
To simplify things further, let’s break down this calculation.
Each way betting can be an enriching and enjoyable experience for bettors, but there are also a few potential drawbacks to be aware of.
Each way betting shouldn’t be underestimated, but if you want to master it, and extract some value, then you ought to follow our advice below. We have highlighted some tips that should stand you in good stead.
So, you will know that an each way bet is broken into two parts – the win component, and the place part in terms of the position a horse will finish in a race.
A place bet, for example, is quite conducive for the Grand National. Here, there are 30 fences for the 40 runners and jockeys to negotiate, and it can be a bit of a lottery. More often than not, barely half the field will complete this gruelling 2 ¼ mile circuit.
As such, going for a place bet can be more worthwhile can be quite enticing, because if your pick defies the odds, then you could be walking away with a tidy sum of money.
Alternatively, the win bet can be quite profitable, especially in small fields. This could be the case for a general meet, such as York or Towcester. If there were only say six runners for a race, and your horse comes out on top, while you might be plumping on one outcome, it can be more beneficial, then an each-way bet, where you would get a payout for over half of the field.
It’s now time to take a closer look at our favourite operators that offer each way betting. Below, we have presented a table detailing some of their features before explaining what makes them special for each way betting.
|Operator||Each-way Betting (Yes/No)||Other features|
|Ladbrokes||Yes||In-play betting, news blog, accas|
|Betfred||Yes||Extra place offered, Quick play|
|BoyleSports||Yes||Live streaming, audio commentary, money back as a free bet|
|Coral||Yes||Best odds guaranteed, extra place, quadpot|
|888Sport||Yes||Enhanced odds, £5 free bet for odds 4/1 or greater|
A multi-faceted and brilliantly versatile site, bet365 prides itself on the quality of its live streaming product.
But it is also well versed in catering to the tastes of those who like to make an each way bet, whether it be horse racing or golf. The horse racing schedule is international, so if you want to keep tabs on a race in Japan, then you can do so.
As soon as you enter the sports lobby, you can tell a lot of thought has gone into making things as vibrant as possible, and that applies to each way betting.
Everything is well sign-posted, and aside from offering competitive prices, Ladbrokes has a dedicated news blog, so you can keep abreast of all the latest tips and news.
Betfred and horse racing go hand in hand, and this site should be celebrated for its simplicity. Aside from facilitating each way betting, races are accompanied by a live stream and audio commentary.
This is the case for UK and Ireland races, and again, everything is well signposted.
Sleek in its design, BoyleSports grabs your attention when it comes to each way betting. Perhaps the undoubted highlight, is the money back offer if your horse finishes second to the short-priced (SP) favourite, even if that is for just outright betting.
Moreover, the betting slip is seamless, so you can combine your odds with minimal fuss.
Coral has an innate understanding of each way betting. For example, this is the case with some of the golf markets where you can get 1/3 odds for the First Round leader for any given PGA Tour tournament.
Horse racing is the same, and you won’t struggle to find extra places offered. Coral is also conducive with iOS and Android devices, and you won’t experience lagging issues.
888Sport has a modern interface with its orange and black hue, and it is well versed in each way betting. You can find an odds boost for events, so you can keep your bankroll ticking over.
Aside from an excellent selection of horse racing markets, the Popular Bets area is useful if you want to compile an each way bet, and this is based on the thoughts of the site’s in-army house of experts.
When it comes to horse racing, the betting sites that will be worth their salt will give you more incentive to wager with them. Although the Grand National, for example, curries a lot of attention, other big meets such as Cheltenham, will catch the eye.
At many sites, you can find enhanced offers for the Cheltenham, and this is the case for the blue-ribband Gold Cup, which is one of the most eagerly anticipated races in the UK.
Many of the sites we work with will have four places offered each way per race. As such, you can get more value for your money if your wager comes off. Horse racing is always finding new and innovative ways for each way betting.
Betting sites have done more to promote responsible gambling. There will be advice on betting within one’s means, and many will have tools in place, so you can keep your betting habits under control. This ranges from temporary suspension to self-exclusion.
The sites we work with will have a license from the UK Gambling Commission, and they will always try to encourage safe betting. Ultimately, your betting will be eminently more enjoyable.
So, there we have it. Each way betting can be immensely enjoyable, and it adds a different dimension to the betting experience. If applied correctly, you can stand to win significant sums of money.
All the sites we work with facilitate each way betting, and while it is more commonly used for horse racing, it can also be utilised for golf, and you can locate some decent odds.
If you want to try out each way betting, then what are you waiting for? Get involved!
An each way bet is one wager consisting of two selections. For horse racing, your wager will include who will win the race and which runner will place.
Each way betting can be used on several different sports, although horse racing and golf are probably the most applicable for bettors.
Our research has shown bet365 to be the best for each way betting. And with a crisp live stream to boot, you will have a great time playing there.