E

Each way
This is a bet which allows you to place a stake of equal amounts on a selection to either win an event or to be placed.

Ear ole
Slang for odds of 6/4.

Elephant
Some description for Elephant

Even money or evens
This is a 1:1 odds bet. A £10.00 stake would return £20.00 (£10.00 win plus £10.00 staked).

Exacta
This is a Tote bet operating in races of three or more declared runners in which the punter has to pick the first two to finish in either order.

Exes
Slang for odds of 6/1.