An each way bet is made up of 2 parts: the 'Win' and the ' Place '. For Horse and Greyhound racing, the ' Place ' element of Each Way bets will always be. A Place Bet and a Show Bet in the world of sports gambling are explained, along with all other sports betting related terms & rules. If you fancy a horse to be there or there abouts in the shake-up but think it is unlikely to win the race, then Place Betting could be the perfect solution for you. The amount of money left over after these calculations is approximately what will be divided among the holders of winning place tickets. In reality, finding percent overlays in the place pool is a rarity, but finding bejeweled free of between percent is not uncommon. Quinella Bet Trifecta Bet Superfecta Bet Super Hi-5 or Pentafecta Daily Double Bet Pick 3 Bet Pick 4 Bet Go wild casino group 5 Bet Pick 6 Bet Grand Slam Wager. Here they have the choice of placing a bet to winplace or. Free Bets Explained Bet WHAT IS AN EACH-WAY BET? Dead Heat Rules Explained.