Win, Place & Each Way Bets

With racing bets, there is a large variety of markets to place bets on. Below you can find a description for Win, Place and Each Way bets. 

Win BetA Win bet is placed on a horse or dog to finish the race in first position.
Place Bet
A Place Bet is placed on a horse or dog to finish the race in:
The first, second or third position, if there are 8 runners or more in the race;
If there is less than 7 runners a place bet will be on first and second place;
If there are fewer than 5 runners there will be no place bet offered.
Each Way Bet
An Each Way Bet is a combined Win and Place bet. Half of the stake will be placed on the win and half of the stake will be placed on the Place.

For example, a $1 Each Way bet will be $1 on the Win and $1 on the Place for a total stake of $2.

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