E/W stands for
"Each Way" betting, which is a popular type of wager in UK betting, particularly common in horse racing and golf.
How Each Way Betting Works
An each way bet consists of
two separate bets:
1.
Win bet - your selection must finish first
2.
Place bet - your selection must finish in a specified "place" position
Key Details
- Cost: Double your stake (e.g., £5 e/w = £10 total)
- Place terms: Typically 1/4 or 1/5 of the win odds
- Place positions: Usually top 2-4 finishers depending on field size
Example
£5 each way on a horse at 10/1 odds (1/4 place terms, places 1-3):
- If it wins: Win bet pays £55 + place bet pays £17.50 = £72.50 return
- If it places 2nd/3rd: Only place bet pays £17.50 return
- If it finishes 4th or lower: Both bets lose
Where to Find E/W Betting
Most major UK bookmakers offer each way betting:
- Bet365 - Comprehensive e/w markets
- William Hill - Strong horse racing e/w options
- Paddy Power - Extra place promotions
- Sky Bet - Clear e/w terms display
- Ladbrokes - Traditional each way specialist
Each way betting provides insurance for your selection while maintaining win potential, making it popular for backing outsiders in competitive fields.