An Each Way bet is two separate bets, one to win and the second to place. To place, is when your selection finishes within a set number of positions, allowing you to receive returns if your selection fails to win.
Important Tip
The place part of your bet is settled based on the place terms advertised for the event.
The place terms are visible on the event, as well as on your bet slip and display in the format ¼ 1-3.
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1-3 is the number of places covered, this means the bet pays out should your selection finish first, second or third.
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¼ is the fraction of the bet’s odds that is paid for a winning place selection, this means the bet will pay out at a quarter of the original odds taken.
For example, if the places being offered on an event are ¼ 1-3, should your selection finish in second or third position, you would still receive returns at ¼ of the odds taken at bet placement. If your selection finishes first, both the win and place part of your bet would win.
Good to know
You can also find the places that were offered for a completed horse race on our Results page.
For more information on how to place an Each Way bet, select the link here.
Extra Payoff
Extra Payoff is available for pre-event single bets on selected events.
Extra Payoff allows you to increase or decrease the number of places in your Each Way bet. Be mindful that, this also increases or decreases the price offered for your selection.
Extra Payoff allows you to increase or decrease the number of places in your Each Way bet. Be mindful that, this also increases or decreases the price offered for your selection.
Important Tip
Cash Out may only be used on Extra Payoff bets before the event begins.
If a non-runner is declared and the standard terms change, the Extra Payoff terms will also change.
More details can be found on non-runners and how Each Way selections affect specific Sports in our Sports Rules page here.
Visit our Extra Payoff page for more information on Horse Racing Each Way Extra bets.
Visit our Golf Extra Payoff page for more information.
