Betting terminology can be confusing for beginners. One commonly misunderstood term is “Each Way.” So, what does “Each Way” mean in betting? Let’s break it down simply:
- Definition: Each Way (EW) betting involves two separate bets: one for the selection to win and one for the selection to place.
- Win Bet: This part of the bet is for your selection to come first.
- Place Bet: This part covers your selection finishing in a specified position (usually top 3 or 4, but varies by event).
| Scenario | Payout |
|---|---|
| Selection Wins | Both Win and Place bets payout |
| Selection Places | Only Place bet pays out |
| Selection Fails | No payout |
Each Way betting offers a safety net, potentially reducing loss if the selection doesn’t win but still performs well. Always check the terms with your bookmaker, as rules can vary.
