Plenty going on this Tuesday with afternoon cards at Lingfield (AW), Fakenham (NH) and Ayr (NH), while Wetherby (Flat) and Sedgefield (NH) race in the evening.
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 – Tuesday 3rd May
7.50 Sedgefield: GOING MOBILE @ 7/1 with 888Sport
Last seen running 8th (of 10) here last month, but that run came off a 207-day break so can be expected to have improved for it. He also ran well for much of the way that day – just getting tired in the final stages to suggest he’ll have benefitted a lot from it.
The Sam England yard also have a 21% record at the track with their chasers at the moment, while this 7 year-old has also been dropped a further 3lbs by the handicapper. In what doesn’t look the best of races, he’s the each-way call.
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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