Dave has been backing horses each way for over 20 years now and he seems to continue to show a healthy profit year after year. The great thing about Dave's selections is that many of them don't just place but also win at very generous odds.

Additionally with the advent of the Betting Exchanges you can now get great value just backing the place part of the bet which some of our clients prefer to use to reduce liabilities. As mentioned many selections win so we recommend that you do a full each way bet on each selection.

What is an Each Way Bet?

An Each Way Bet is actually two bets. One bet is placed on the horse to win the race and the full odds apply to this part of the bet. The other bet is placed on the horse to come in a top place and only a quarter of the odds apply this part of the bet. A £1 Each Way bet therefore costs £2 with £1 being placed on the horse to win, and £1 placed on the horse to get a top place.

When placing an Each Way Bet you are betting for the horse to come in any of the top places. The number of top places is decided by the betting provider and is typically the first 3 places. However, for horse races where only a small number of horses are racing Each Way bets may be limited to the first two places or, if 5 or less horses are racing Each Way bets are not usually offered on the race at all. Similarly, for horse races where there are a large number of horses in the race such as the Grand National where 40 horses typically race, Each Way bets may be extended to the first four or even five places.

The bet is lost if the horse does not come in any of the top places for the race.