When calculating an Each-Way bet, it is important to know that it gives you an equal stake for the win and place markets.

This means half of your original stake will be split in two between each!

If you were to place £20 on a horse, for example, it would be split to be £10 on the horse winning and £10 for it to place.

If the horse wins, then both stakes are a win, if the horse places second or third, only the bet portion wins!