Noble Yeats, the winner of last year’s Grand National, started priced 50/1! If you had backed him with an each-way stake of £1, you’d have received a £60 profit.īet on the Grand National with William Hill Races with lots of runners, like the Grand National, tend to have a wider range of odds available and regularly see phenomenal returns. Each-way bets can prove to be great value on long-priced selections and are a fun, lower pressure way to enjoy betting on horse races. Note that the odds of a placing are around one fifth of the horse’s odds to win, so – if you placed an each-way bet on a horse which was 20/1 and your horse finished second – you could get back odds of around 4/1 depending on the race in question.Įach-way bets give punters an extra insurance, as even if their selection is beaten, if it finishes in the top three, they will still get their money back. If you set your stake as £10, you will pay £20 total as £10 goes ‘to win’, and another £10 goes ‘to place’. To bet ‘each-way’ essentially means placing two bets in one: the first of these is a ‘to win’ bet, the second is a ‘to place’ bet.