Each Way Bet Explained

Betfair, for example, extends the available finishing positions out to the first five places of a bet on the Grand National, but not all bookmakers will offer as many potential payouts as this. Where Enhanced Place Terms are available on a race and selected by a new or eligible customer, Best Odds Guaranteed will apply. I staked max on win only; 2. Cashed-Out bets shall not contribute to meeting the rollover or eligibility requirements of any Sports promotion. So I would recommend them highly. What does each way mean in betting?

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