Betfair don’t offer each way betting in the traditional manner, but offer ‘Win’ and ‘Place’ markets as a direct alternative.
Our markets are run differently from the traditional bookmakers in a number of ways, with separate 'Win' and 'Place' markets instead of the usual 'Each Way' markets. If you wish to back a selection “each way”, you have the option to split your stake and place two bets, one to win and one to place. This also means that you can bet a selection to place only. Place markets are usually next to the Win market in the left hand menu and are available on most competitions with large numbers of entrants such as the Tour de France.