![Parlay Bet | 11 Parlay Tips [Odds and Where to Play]](https://olbgimages.co.uk/image-cache?src=https://olbgimages.co.uk/wp-content/gallery/old-articles-images/best_betting_apps.jpg&w=325&h=182&zc=1 "Parlay Bet | 11 Parlay Tips [Odds and Where to Play]")
About Racing Each Way Picks at OLBG
For each race highlighted is the most each way tipped runner in the race. Also supplied is the current best odds and the percentage of each way picks compared to the rest of the field.
If you want a more in-depth view of the race simple go ahead and click on the race name. As a result, this will take you to the race and all runners will be shown.
From here, not only can you see how many each-way picks a runner had, but you can also view the number of win picks and number of Naps.
Furthermore, you will now be able to read our racing tipsters comments on the race and view their performance numbers. An alternative is by viewing the 'Best Racing Tipsters' then going through to find if any have open each-way picks.
What is Horse Racing Each Way Betting?
Each day our racing tipsters deliver quality each-way picks which can, therefore, be found listed above.
Backing each way means that you are cutting your stake in half. Half of that stake goes on the runner to win while the other half goes on that runner to place.
The number of places paid is dependent on the race type and the number of runners who start the race.
You can find out the each-way terms in the table below.
| No. of Runners (Under Orders) | Race Type | Place Terms |
|---|---|---|
| 2 - 4 | All Races | Win Only |
| 5 - 7 | All Races | 1/4 Odds - 1st 2 |
| 8 - 11 | All Races | 1/5 Odds - 1st 3 |
| 12 - 15 | Handicap | 1/4 Odds - 1st 3 |
| 12+ | Non-Handicap | 1/5 Odds - 1st 3 |
| 16+ | Handicap | 1/4 Odds - 1st 4 |
Should your runner win then both the win and place part of the bet are successful, however, if you runner only places then you lose your win stake but the place is successful.
Here is an example of an each-way bet:
You back Tiger Roll to win the Grand National at odds of 20/1 at $10 each way ($20 total stake). The Place terms are 1/4 Odds - 1st 4 as there are 16+ runners and it's a handicap.
Should Tiger Roll win the race then you have $10 at 20/1 returning $210 (Inc stake) which is 20 * 10.
The place part would be your $10 place at a quarter of 20/1 (20 / 4) so a return of $60 (inc stake).
So, in total, you have staked $20 and have received back $270 so you have made a $250 profit.
Should the horse only place then you will receive back just the place part ($60) which would be a $40 profit.
Finally, if you are more interested in win bets then head over to the main Horse Racing Picks page.
