Each-way betting is a popular wagering option in horse racing. It is a combination of a win bet and a place bet. The bettor puts their money on a horse to win the race and also to place. A win bet is when the horse finishes first. A place bet is when the horse finishes first, second, or third. The more places allowed in each-way betting, the better the chances of winning the bet.
How Many Places is Each-Way in Horse Racing?
The number of places in each-way betting in horse racing depends on the type of race and the number of horses in the race. Generally, the more horses in the race, the more places available in each-way betting.
Win Only Races
In win only races, the bettor can only bet on the horse to win the race. The bettor cannot bet each-way.
Flat Races
In flat races, the number of places available in each-way betting depends on the number of horses in the race. Generally, the more horses in the race, the more places are available in each-way betting.
- 2-4 horses in the race: 1 place
- 5-7 horses in the race: 2 places
- 8 or more horses in the race: 3 places
Handicap Races
In handicap races, the number of places available in each-way betting depends on the type of race.
- Class 1 races: 4 places
- Class 2 races: 3 places
- Class 3 races: 2 places
- Class 4 races: 1 place
National Hunt Races
In national hunt races, the number of places available in each-way betting also depends on the type of race.
- Chase races: 4 places
- Hurdle races: 3 places
- Novice hurdle races: 2 places
Maiden Races
In maiden races, the number of places available in each-way betting depends on the number of horses in the race. Generally, the more horses in the race, the more places are available in each-way betting.
- 2-4 horses in the race: 1 place
- 5-7 horses in the race: 2 places
- 8 or more horses in the race: 3 places
Advantages and Disadvantages of Each-Way Betting
Advantages of Each-Way Betting
There are several advantages to each-way betting in horse racing.
- More chances to win: With each-way betting, the bettor has two chances to win. The bettor can bet on the horse to win the race, and also on the horse to place. This increases the chances of winning the bet.
- Low risk: Each-way betting is a relatively low-risk betting option. Even if the bettor’s chosen horse does not win the race, they may still win their bet if the horse places.
Disadvantages of Each-Way Betting
There are also some disadvantages to each-way betting in horse racing.
- Higher stake: With each-way betting, the bettor has to place two bets instead of one. This means that the total stake is higher than with a win bet.
- Lower odds: With each-way betting, the odds are lower than with a win bet. This means that the potential winnings are lower.
Conclusion
Each-way betting is a popular wagering option in horse racing. The number of places available in each-way betting depends on the type of race and the number of horses in the race. There are advantages and disadvantages to each-way betting. It is a relatively low-risk betting option with more chances to win, but the total stake is higher and the odds are lower.