each way

In either direction

Each way is a betting term for a wager that covers two outcomes: winning outright and placing (finishing in the top positions).

The stake is split between both bets, so an each-way bet costs twice the stated amount.

If your horse wins, both parts pay; if it only places, you lose the win portion but collect on the place: I put five pounds each way on the favorite.

betting

win

Achieve victory

  • placePosition or location
  • wagerStake on uncertainty
  • stakeSharpened post or share

odds · bookmaker · bookie · punter · accumulator · tote · dividend · forecast · trifecta · quinella

racing

horse

Domesticated riding animal

gallop · steeplechase · furlong · handicap · thoroughbred · starting gate · paddock · post time · finish line · photo finish

probability

odds

Likelihood expressed numerically

possibility · prospect · uncertainty · contingency · eventuality · outcome · calculation · percentage · fraction · decimal

risk

hazard

Source of potential harm

speculation · venture · liability · jeopardy · unpredictability · downside · hedging · mitigation · insurance · safety net

dual

twofold

Consisting of two parts

two-part · combination · paired · bilateral

Categories
Opposites
bet type

each waystraight bet

Gamble on one selection

outright · on the nose · single · all-or-nothing · accumulator

betting outcome risk

each waylosing

Failing to win

all-or-nothing · high-risk · unhedged

DIRECTIONALITY (general usage)

each wayone way

Single permitted direction

one-way · unidirectional · single direction · one-sided · unilateral

Family

way, each, ways, anyway, pathway, byway

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