Each Way betting, commonly used in horse racing and other sports, allows you to place two bets simultaneously: one for the win and one for a place. Here’s a quick guide to understand it better:
- Main Bet: This is your primary bet on the outcome you believe will win.
- Place Bet: Your secondary bet is placed on the same selection to finish in one of the specified places, often second or third.
- Double Stake: As you’re placing two bets, your stake is doubled.
- Returns: You can win both bets if your selection wins; if it just places, only the place part of your bet wins.
Understanding each way can enhance your betting strategy by providing more chances for returns.