How much do you win for a 33-1 each way?

Answer 1

In a 33-1 each way bet, you are essentially placing two bets: one for the horse to win and one for it to place (typically in the top three, depending on the race). If the horse wins, you would receive 33 times your stake for the win portion, plus the place payout, which is usually a fraction of the win odds (often 1/4 or 1/5 of the win odds). If the horse only places, you would receive the place payout based on the reduced odds. Always check the specific rules of the betting platform for detailed payouts.