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What does each way mean in betting? each way bet explained each way one win and one place bet and is very commonly used in horse racing betting.. Could anyone tell me what does each way on the horse racing mean when you have a bet? 1 following . 13 answers 13. each way bet on a horse?. An each way (e/w) bet is basically in the 2017 gold cupfor example the each way terms are a fifth the odds for 3 how to place an each way bet ; horse racing.
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