Each way betting is a popular wager type, especially in horse racing. It involves two bets: one for the selection to win and another for it to place. Here’s how it works:
- Win Bet: Your chosen selection must finish first.
- Place Bet: Your selection must finish within a predetermined number of places (e.g., top 3).
If your selection wins, both bets payout. If it places, only the place bet wins, typically at reduced odds. Always check the terms with your bookmaker, as they can vary.
This betting style may seem complex initially, but it’s an excellent strategy for those seeking potentially higher returns with lower risk.
