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One of the reasons the bookmakers gave for withdrawing Placed Betting was that it was too complicated to work out the odds. Which is a little strange as these guys are the experts at setting odds. Then they came up with a whole raft of rules for evading the bet.
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“Each way” betting allows a bettor to wager on a player not just to win, but also to “place” — which means finish in a top number of places, say four or five, the exact number to be determined by an individual sports book. The odds aren’t as good as betting on a player to win, but chances of a bettor cashing in are much better. What Each Way Betting Means - extratips.com Each way bets can best be understood as a type of betting that sees punters making two wagers in one. Having each way bet explained would go a long way in assisting the punter to weigh up the benefits of such a bet. Is each-way betting really profitable? - OLBG Sports Betting Is each-way betting really profitable? ... I see alot of tipsters doing most or even all their selections "each way" ... For me each way is a comfort blanket so that when there is a bad run at least it can be broken up with some places.I know if i backed win i would make more but i am set in my ways.