Five more UK horse racing fixtures this Monday, with Wolverhampton, Leicester and Ludlow racing in the afternoon, while Huntingdon and Windsor provide the evening action. With that in mind, we’ve picked out our value horse racing each-way tip of the day – today’s selection comes from the afternoon card at Leicester races.
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Each-Way Horse Racing Tip Of The Day – Monday 23rd May
3.50 Leicester: POSTMARK @ 7/1 with Fitzdares
The Ralph Beckett-trained Postmark was a beaten favourite last time out at Salisbury, but still ran a solid third that day and wasn’t far off the winner.
That run came off the return of a 152-day break and was also his first run back from being gelded. Was also carried a bit left at the start the last day and near the finish to suggest he’ll be better for the run and the experience (only had 4 runs).
Up in trip here to 1m4f should also suit after staying on well last time over 1m2f and finally the Ralph Beckett yard boast a decent 25% record with their 3 year-olds at the track.
Note: Odds are subject to change
A £5 e/w bet on POSTMARK @ 7/1 with Fitzdares will return £52.00 – click the bet slip below.
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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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See below our select list of some of the newer bookies around – but totally trusted bookmakers, that will also have prices ahead of the horse racing this week – best of all they ALL also have ‘must-see’ free bet sign-up offers to snap-up. Or, if you’ve already claimed these betting offers – you can check out all the latest best horse racing betting sites here.
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