ITV Racing Each-way Tip Of The Day | Newmarket Best Bet On Friday

Today’s ITV horse racing each-way tip comes from NEWMARKET on their 7-race card, that starts at 1.15pm and runs till 4.45pm. See below what our value horse racing each-way tip of the day is on Friday 8th July from the second day of the Newmarket July Meeting and why we’ve selected this horse.

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Each-Way Horse Racing Tip Of The Day at Newmarket – Friday 8th July

1.50 Newmarket: KNIGHTSWOOD (e/w) @ 8/1 with BetUK

Won well at Redcar and Chepstow before finishing down the field in the Golden Gates Handicap at Royal Ascot last time out (6th of 13).

But took a bit of a hold that day and was also a bit short of room so did have a few excuses. The pluses here are that Frankie Dettori takes over in the saddle, while this is a race the Mark Johnston yard love to win – they’ve won it a staggering 6 times in the last 9 runnings!

With only four career runs there should be more to come from this 3 year-old, but with two wins already also knows how to get his head in front.

Back today’s each-way horse racing best bet with BetUK @ 8/1 for £5 e/w and it will return £58.00 if it wins (click the bet slip below)

Note: Odds are subject to change

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Back today’s each-way ‘tip of the day’ with BetUK and also get a £30 FREE BET, when you bet £10 (or more) on your first bet, plus you can also join the ‘BetUK Acca Club’ – where they give 5 profit boosts to use on accas with different selections (Ts&C’s apply).

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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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