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What is an each-way bet? An each-way bet combines two bets into one; a win bet and a place bet. If the runner finishes 2nd or 3rd, the bettor will receive the place dividend. If the runner wins, they will receive both the win and place dividend. Each-way betting is synonymous with betting on horses in Australia. It is a prevalent bet type; however, there are more effective ways of placing the two bets. The bet includes 3 doubles and a treble. A minimum of two selections must be successful to get a return.
This is the first thing to be aware of before putting your money down. However, if the odds were displayed as SP when your bet was struck, your return can vary. Starting price What does SP mean in horse racing? Best odds guaranteed Best Odds Guaranteed BOG applies when the bookmaker agrees to settle your bet at the starting price SP if it is greater than the price you took when placing the bet. Favourite The shortest priced horse in the race, the market leader, and normally the starting point for most backers.
Market mover A market mover is a selection that changes in price significantly in either direction, by increasing in odds drifting or decreasing in odds shortening. It can sometimes be profitable to follow horses that shorten up before the off.

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