WIN - the winner of the race
PLACE - the runner to finish either 1st, 2nd or 3rd. Although in some smaller fields (seven runners or less), to finish 1st, 2nd only.
EACHWAY - Combines Win and Place on the same runner. If your runner wins, you collect both the Win and Place dividend. If your runner finishes 2nd or 3rd, you collect the Place dividend. Note: In a field of seven or less place dividends are paid out to only first and second.
WIN and PLACE - For a Win/Place tote bet, choose Each Way and enter a slash between the Win amount and the Place amount. For example if you want to place a bet online of $2 for the Win and $3 for the Place, choose Eachway from the dropdown menu and enter 2/3 in the Bet amount box.
