An each way bet is a bet on two separate markets during an event. There are two parts to an each way bet, which are the win bet and the place bet.
For your each way bet to win on both markets, you’ll need your betting selection to win the event that you’ve wagered funds on. If they do that, then your bet will be paid out in full, but if they finish in the places, then your win bet would lose, and your place bet would be a winning one. Therefore, you’d see some return of funds through the place bet winning. However, if your betting selection lost their event, and didn’t even place, then your bet would be settled as a loss, and you wouldn’t see a return of any funds.
Each Way Bet Examples
Each Way Bet In Football
An each way bet in football isn’t as common as in horse racing, as you can’t place an each way bet on a single match that is taking place. However, they are seen with some betting sites on outright betting markets.
An example of this can be found on bet365, who are a great bookie to use for each way bets in football.
Each Way Bet In Horse Racing
Each way bets are the most popular in horse racing, with the place format being one of the easiest to understand out of all of the sports. Below, we’ve provided you with an example of an each way single bet in horse racing on bet365, as well as an each way treble bet on Sky Bet. Simply click the ‘EW’ button pictured below, and your bet would become an each way bet.
Each Way Bet In Golf
Golf is another popular sport for bettors to place each way bets on, with these being available in outright betting markets. The best betting sites out there will offer you the chance to place an each way bet ahead of major tournaments, and if your chosen betting selection wins or places, then you’ll see a return of some funds.
Below, you can find an example of an each way bet in golf from Betfair, a great site to use for golf betting markets and offers.
How To Place An Each Way Bet On bet365
To place an each way bet on bet365, it’s a relatively simple process. They’re one of the best betting sites out there, so they make it easy to access everything you need on their sportsbook. We’ve provided a step-by-step guide on how to place an each bet on bet365.
- Click here to be directed to the operator’s site.
- Log into your account with the username and password you created when signing up.
- For this example, we’ll look to place an each way bet on horse racing, so we’ll select the ‘Horse Racing’ tab from the left-hand menu.
- Select which horse you want to wager your funds on by clicking their odds on bet365.
- Tick the ‘E/W’ box, as this will make your single bet an each way one.
- Choose your stake, before clicking the ‘Place Bet’ button, which will be coloured green.
What Is An Each Way Accumulator?
An each way accumulator consists of two parts, as does a single each way bet. On an each way accumulator, you’re betting on two different markets, which are the win and places. One accumulator will be your standard accumulator, and if one of the selections doesn’t win, then that part of the accumulator would be settled as a loss.
However, if all of the selections were to at least place in their event, then the place side of the accumulator would be settled as a winning one. To see a full payout of potential returns, you would need all of the selections involved in your each way accumulator to win. It’s important to remember that an each way accumulator will be double the stake of what a standard accumulator would be, as you’re betting on both the win betting market and the place market.
What Is An Each Way Treble Bet?
An each way treble bet is another popular choice of bet, especially amongst horse racing punters, who are looking to provide themselves with some sort of insurance on their betting selections. An each way treble bet consists of two separate bets. They are the ‘win’ and ‘place’ treble, with the stake being double of what a standard treble bet would be.
To see a full return of your potential winnings, you’ll need all three selections to win their specific event. If one is to place, then your maximum payout will be adjusted according to the odds of the betting selection.
Should You Place A Win Or An Each Way?
There isn’t technically a right answer here, as each punter will have their preference as to whether they prefer a win or an each way bet. The win bet comes with more risk, as you’d be requiring all of your betting selections involved in that bet to win to see a return of funds.
However, with an each way bet, some of your selections are allowed to place, which provides bettors with some more insurance for their funds on their bets. One of the negatives with an each way bet is that the stake is double of that of a standard win bet, which could see some bettors swing towards placing a standard win bet.