# Each Way (EW) Betting Explained
Each Way betting is a popular option that essentially combines two bets into one:
How It Works
- Win bet: Your selection must finish first
- Place bet: Your selection must finish in a qualifying position (typically 2nd, 3rd, or 4th depending on the event)
Key Components
Place Terms
- Fraction: Usually 1/4 or 1/5 of the win odds
- Places paid: Varies by event type and field size
- Horse racing: 2-4 places depending on runners
- Golf: Often top 5-8 positions
- Football tournaments: Sometimes top 2-4 teams
Stake Distribution
- Your total stake is split equally between win and place bets
- £10 EW = £5 win + £5 place (£10 total stake)
Payout Scenarios
1.
Wins: Both win and place bets pay out
2.
Places only: Only the place portion pays out
3.
Loses: Both bets lose if outside qualifying positions
Example
£10 EW on a horse at 10/1 odds (1/4 place terms, 3 places):
- If it wins: £50 (win) + £12.50 (place) = £62.50 return
- If it places 2nd/3rd: £12.50 return only
Major UK bookmakers like
Bet365,
William Hill,
Ladbrokes, and
Paddy Power all offer competitive EW terms, often with enhanced place promotions on major events.