A punter bets $1 each way on a horse priced at 2/1 with five places covered at ¼ odds. $1 is bet on the horse winning the race at 2/1. Another $1 is bet on the horse finishing in the top five at odds of ½ (or 1/4 of 2/1). If the horse wins, the punter makes an overall profit.
Each Way Extra bets, placed by using either the Each Way Extra tab of the racecard or via the drop-down on the bet slip, will not be eligible for bet365 Price Promise, Best Odds Guaranteed, ITV Racing 4/1 Offer or Feature Race 4/1 Offer, except where a new or eligible customer selects place terms that match the standard Win and Each Way market for that race, as displayed in the Fixed Odds tab of the racecard.
Bet365 horse racing has many special bets and the “Each Way Extra” is one of the most popular bet types for horse racing punters. Each Way Extra at Bet365 gives you the option to increase or decrease the number of places in a race. If you increase the number of places your odds will be reduced or if you decrease the number of places your odds will increase.
Have an Each-Way First Goalscorer bet on any match with bet365, and be safe in the knowledge that if your player scores at any time during the game bet365 will pay you out! Each-Way bets are settled on all goalscorers, at 1/3 odds for unlimited places in 90 minutes play. T&Cs apply.
For example, bets placed using Each Way Extra will not qualify for promotions such as bet365’s best odds guaranteed or price promise Each Way Extra bets must be placed as a single bet Each Way Extra bets cannot be cashed out during the race however do remain eligible for cashing out before the race starts
How do you bet each way on horse racing? If your horse comes first, you will be paid both the “Win” and “Place” part of your bet. But if your horse comes 2nd (or 3rd or 4th depending on how many places are paid) then you will get paid at either a 1/4 or 1/5th of the odds for you place stake, depending on the each way terms for the race.
When you use Each Way Extra you can add places to your Each Way Horse Racing bets and take a reduced price or remove places and increase the odds on your selection. The number of Each Way Extra places offered on a race can be viewed on the Each Way Extra coupon or on the bet slip. Each Way Extra bets will not be eligible for bet365 Price Promise, Best Odds Guaranteed, ITV Racing 4/1 Offer or Feature Race 4/1 Offer, except where a new or eligible customer selects place terms that match the ...
He romps home to win so you will be paid as follows: Win: £5 at 20/1 pays £105 (£5 x 20 = £100 plus your £5 stake back). Place: A fifth of 20/1 is 4/1 (20 divided by 5) so the place part of the bet is paid as £5 at 4/1 = £25 (£5 x 4 = £20 plus your £5 stake back). Total Returns: WIN plus PLACE = £105 plus £25 = £130.