Win and place bets
A win bet is successful when the selected horse wins the race under the market's rules. A place bet concerns whether the horse finishes within the defined places. The number of places and any special terms depend on the market.
Read the event details to see the place count and conditions. A place market is not the same as an each-way bet, even though both refer to finishing position.
Each-way combines two bets
An each-way stake normally consists of a win part and a place part, so the total stake is twice the amount entered as the each-way unit stake. If the selection wins, both parts may return; if it places without winning, only the place part may return, subject to the market terms.
The place fraction and number of places determine how the place odds are derived. Use the each-way calculator with those exact values.
Check the race and market
Confirm the race, runner, declared status, place terms and any non-runner rules. Ante-post markets may have different terms from day-of-race markets.
For racecard terminology, see the racecard guide. For odds formats, use the decimal and fractional guides.
Your next step