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Horse racing each way bets. when placing an each-way you must consider two separate odds: the individual odds for the horse applying to the win bet,. Explaining different types of bets. each way. you bet on a horse to win or be placed. lucky 63 bets are accepted on horse racing,. Each way terms. an each way (e/w) bet is basically two bets your win bet is a loser. most horse races are either 1/4 or 1/5 the odds..
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