Each Way Horse Bets

www.USAPlayers.com Online Racebooks Horse Betting Wager Types

There are slightly more complicated means of betting in the horse racing world. Instead of making a one-time bet on a horse for a specific finish, bettors can make an Each Way bet. Think of this as a sort-of double-wager on one horse. Essentially, what bettors are doing is making two predictions about one horse, and coupling those predictions together.


For instance, if you make a $10 Each Way bet on a horse, what you are really doing is making a $5 bet on a specific horse to win the race, and another $5 bet on the same horse to place in a certain spot. Therefore, you are coupling the bets together for an end result of $10. The first part of the bet, taking a horse to win, gives specific odds and payout if your horse hits. The second part is typically dependant on different variables given by the track. Many times it depends on the number of horses running, but the return is typically 1/4 of the odds. If the Online Racebook odds for the horse to win is at 10-to-1, then the place odds will be at around 2 1/2-to-1.

carib racebook

Confused? Think of this type of bet is sort of like a back-up plan. If you pick Horse A on an Each Way bet, selecting him to win and place, you get paid if either instance happens. If he wins, your $5 wager turns into $50 (because of the 10-to-1 odds). If he doesn't win, you still have a chance to get paid as long as he finishes in first, second, or third as per the place bet made with the other $5. If that hits, you win $12.50, and cover the $5 you lost by losing the first part of the bet. Both, of course, could happen, which would pay you off handsomely with an overall profit of 62.50. Or neither could happen. Either way, it's a relatively safe way to pick a horse you have a crush on.

Best Racebooks For Placing Each Way Bets

Rank Online Racebook Reviews Racebook Bonuses Tracks Visit
1 DSI Racebook Review 20% to $500 / 8% Rebate Program 100+ VISIT
2 BookMaker Racebook Review 20% to $500 / 8% Rebate Program 100+ VISIT
3 CaribSports Racebook Review 50% to $250 / 5% Rebate Program 20+ VISIT
4 Bovada Racebook Review 20% - $100 / 3% to 5% Rebate 80+ VISIT
5 BetJamaica Racebook Review 100% to $100 / Up to 7.5% Rebates 120+ VISIT
6 Intertops Racebook Review 25% to $100 10+ VISIT