If you bet £4 each way on a horse with win odds of 4/1 (total £8), you will lose £4 on your win bet if the horse places. For example, with an each-way fraction of ¼, you will need odds of at least 4/1. This is because you lose money overall on an each-way bet that places if the place odds aren’t Evens (1/1) or more.Īn easy method to use, which means you will at least break even, is to find the each-way fraction and invert it to give you the minimum win odds you need. You will need to consider not only the win odds of the horse you want to back but the place odds too if you want to make an each-way bet. Will you at least break even if your selection places? There are two key questions to consider when deciding to bet each-way or win only. It is only useful to place an each-way bet in a specific set of circumstances. How do I decide if an each-way bet is worth it? Generally, in horse racing betting, there is a minimum number of each-way places based on how many runners there are.ĮachWayBet Extra places and enhanced each-way termsīookmakers often offer more than the standard number of each-way places or more generous each-way fractions on selected daily races as a form of existing customer offer.įor specific races and big events such as the Grand National or Royal Ascot, bookmakers are trying to outdo each other by offering extra places – so it is worth doing some research on who is paying the most places before making your bet. It forms part of the each-way terms along with the place odds (discussed below). This will be different between the bookmakers but it will clearly be displayed on the market. How many places are paid on an each-way bet? Remember that your stake is doubled for an each-way bet. Once you are aware of these factors you can tick the each-way (EW) box after adding your selection to your betslip and place your each-way bet. Each-way fractions: The odds on the place part of your each-way bet are a fraction of the win odds, because your selection has a greater chance of placing than winning.Each-way places: These tell you the positions your selection has to finish in for your place bet to win.Odds: These are the odds for the win part of your each-way bet and dictate (along with the each-way fractions) the odds for the place part of your each-way bet.To make an each-way bet there are three things that it’s important to note. Find all the best Royal Ascot free bets for the 2023 race.

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