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How does an each way bet work in football?

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An each way bet is a bet made up of two parts: a WIN bet and a PLACE bet. Two bets of equal amounts are made; the first on a selection (horse) to win and the second on the same selection to place. A 'win' obviously means that the horse finishes the race first.
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EACH-WAY BETTING & EXTRA PLACES: How I Make My Biggest Profits



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