Bet typesGlossary
Each-way bet
Also known as: EW, E/W
Two bets in one: half the stake on the selection winning, half on it finishing in a paid place. A £10 each-way bet costs £20 total. The place portion returns at a fraction of the win odds (commonly 1/4 or 1/5) and pays out for finishing in the top 2, 3, 4 or more positions depending on the market. Standard in horse racing and golf.