Horse Racing Each-way Tip Of The Day | Wednesday 4th May

As we head into Wednesday we’ve the opening day of the Chester May Meeting, plus supporting afternoon cards at Newton Abbot and Kelso. Then, into the evening, we see Fontwell, Kempton and Gowran Park take over.

With that in mind, we’ve picked out our value each-way horse racing tip today.

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Each-Way Horse Racing Tip Of The Day – Wednesday 4th May

4.45 Chester: PAWS FOR THOUGHT @ 9/2 with 888Sport

This former Tom Dascombe-trained 4 year-old is now with the Donald McCain yard and is also back at Chester – a track the horse likes and has won twice at before.

Is also back from a 179-day break but has gone well fresh in the past and won first time out last season here too. Returns on a mark of 84, which is 3lbs lower then when winning at this meeting 12 months ago and draw 6 looks fine.

Note: Odds are subject to change

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Other Horse Racing Tips

Andrew Mount’s Horse Racing Tips
Today’s Placepot Tips
Today’s Horse Racing Tips
Today’s Each-way Horse Racing Tip
Today’s Lucky 15 Horse Racing Tips
Andrew Mount’s SpreadEx Analysis
Today’s Horse Racing NAP
Chester May Meeting – Day One Tips
Tom Segal (Pricewise) Chester Tips
Templegate (Sun newspaper) Chester Tips
Tony Calvin (Betfair) Chester Tips

Each-Way Betting Explained

An each-way bet is split into two parts

A win bet
A place bet

Therefore, if you are placing an each-way bet on a horse race your total stake will be split equally into two bets – half your stake will be wagered on the horse to win and the other half on the horse to be placed.

Winning a horse race is fairly self-explanatory, but the ‘place’ part means the horse will need to finish either 1st, 2nd, 3rd or 4th (this depends on the type of race and how many runners are in it) – you can see the industry standard each-way place terms here

Number of Runners:
1 – 4 runners – No Places – Win Only bet
5 – 7 runners – 1/4 Odds – 1st & 2nd place only
8+ runners – 1/5 odds – 1st, 2nd and 3rd place
12 – 15 runners (handicap races only) – 1/4 odds – 1st, 2nd and 3rd place
16+ runners (handicap races only) – 1/4 odds – 1st, 2nd, 3rd and 4th place

Shop Around The Bookmakers For Enchanced Each-way Place Terms

Yes, the above place terms are the set industry standard but with bookmakers competing for your business all the time, then many will offer enhanced place terms of their own.

This means, some bookmakers might offer places outside the top three or four places in certain races. These are more common in the big field handicap races – like the Grand National – and can often see the place terms paid out on horses that finish 5th, 6th, 7th or even 8th in the race.

How To Place An Each-way Bet In Horse Racing

You can see from the example screen shot below that all bookmakers will have an ‘Each-way (EW)’ tick box on their bet slips. Simply tick this e/w box and this will lock that horse in as an each-way selection.

You will notice that in the example below the £5 stake then becomes doubled (£10) – meaning you will have £5 on the horse to win and £5 on the horse to be placed.

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