each way
idiomPart ofeach
each way — idiom
1. A type of bet on a horse race where you win money if the horse you picked finish
1.idiom
Definition
A type of bet on a horse race where you win money if the horse you picked finishes first, second, or third place.
Example
Tendai placed a ten-dollar bet each way on the horse named Lucky Star.
If you bet each way, you still get some money back when your horse comes second.