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Each way


Antony
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@Antony wrote:

What means each way 1/2 1-2 ? 


Hello @Antony and welcome to the community , 

When you place an each way bet, it is best considered as two separate bets.

  • The first bet is on the horse to win – If the horse wins the race, this bet is won
  • The second bet is on the horse to place – If the horse finishes in the top two (position may vary), this bet is won

So if you were to bet €5 each way on a horse to win, your total stake would be €10.  €5 would be on the horse to win, and then €5 would be on the horse to finish in the top two. 

1-2 refers to the position the horse needs to finish in for the place bet to win.

If the horse wins the race, then both bets win. The winnings can be calculated by adding the winnings of the two bets together.

If the horse doesn’t win but does place (i.e. finishes in the top two) then your first bet loses, but the second bet to place wins. The winnings can be calculated by taking the original odds and applying the each way fraction.

If the horse doesn’t win and doesn’t come in the top two, then both bets will lose.

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