What is an Each Way bet?
An Each Way bet is when you place a bet on a horse to Win its race and also for it to finish in a Place paying position (normally 1st, 2nd or 3rd depending on the number of runners in the race).
Placing these selections just as Win bets would yield a lower strike rate, which alone might be difficult to make a profit from, which is why I back my selections Each Way.
It's like an insurance policy.
By backing horses Each Way all I need to do is land a Place position, which statistics say is a lot easier to do, and I am in the money.
And if i land a Winner every second day at very healthy odds I am able to boost my profits even higher.