A Dictionary Of Horse Racing Terms – E And F
EACH WAY BET
The practice of staking equal amounts for a place and for a win is known as making an Each Way Bet.
Bookmakers used to be reluctant to take each way bets from everyday punters except in the big events like the Grand National and the Derby, however this is not the case nowadays, with most bookies taking each way bets and advertising the fact on their boards with the odds on offer.
Credit bookmakers, on and off course bookmakers, betting shops, Betfair and the other exchanges, all now take each way bets.
EBF
The European Breeders Fund originated in June 1983. Breeders in France, GB, and Ireland signed an agreement to start a fund for stallion owners to contribute annually a sum equal to the median covering fee for all sires nominated to the scheme.
Only the offspring of participating stallions being allowed to benefit.
In relation to the British side of the scheme, proceeds are channeled into prize money, breeders prize money for horses sired by British stallions, veterinary research, and owners premiums for selected listed and patented flat...
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