how to calculate Ew??
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Each Way betting is simply two bets on a single selection. One section of the bet is for a win, the other section is for the bet to be placed; placed is to come between 2nd, 3rd or 4th. So if your selection wins, you'll be paid for both parts of the bet, but if it's placed, then you'll only be paid for the place bet.
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When you bet each way, you have two bets; one for the horse to finish first, and a second bet for the horse to finish in the top four or five (varies according to by race). The winnings for the latter bet are calculated by applying the fraction (usually 1/4) to the original odds available.
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