Horse Racing Each-way Tip Of The Day | Monday 9th May

This Monday the horse racing action in the UK comes from Catterick, Musselburgh and Wolverhampton this afternoon, while Windsor and Southwell race this evening.

With that in mind, Andy Newton’s picked out his value each-way horse racing tip today – today’s selection comes from the Monday night evening card at Windsor.

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Each-Way Horse Racing Tip Of The Day – Monday 9th May

7.10 Windsor: HOLIDAY @ 11/1 with Fitzdares

The Richard Hannon yard have won this race three times since 2012, so their HOLIDAY looks interesting here in the fifth race on tonight’s Windsor card.

This 3 year-old is yet to win a race but has only had four career starts. He’s shown bits and pieces of form and can also be expected to have come on for his last run as it came off a 203-day break.

He’s also been dropped a few pounds by the handicapper this time and Sean Leavy takes over in the saddle. In a race the yard like to target he’s worth an e/w interest this evening.

Note: Odds are subject to change

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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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