I was watching Cheltenham in the pub yesterday with a few mates, including one who had never bet on a horse off-course before and wanted some money on the Gold Cup. There's a William Hill shop across the road from the pub and the landlord is a big racing fan so he always has a stack of betting slips behind the bar so we got one of those to show this guy how to fill it in. Anyway, in the course of the discussion about him going each-way on Imperial Commander (git!) he said he wanted £2.50 each-way. Then a couple of minutes later he said in jest that he might go £3 one way and £2 the other. He didn't know what he meant by this but just liked saying that rather than having a sum each-way he could have different sums one way and another. This lead to an argument (which with beer involved becomes a bargument) as to whether a bookie will let you have different amounts on the win and place parts of an each-way bet. I seem to recall that you could have more on the win than the place but not the other way round but I got shouted down and was told by several people that the stakes had to be the same as you couldn't have a place-only bet so you just wrote "£2.50 e/w" or whatever rather than "£3 win, £2 place".
Who's right?