I'm amazed that there's an argument, lets try one more time, I have $10 win bet, I also have $10 place bet (both bonus bets) my win bet loses, OK Free bet GONE! my place bet however snags a place and pays $4.90 so my return is $49 less the $10 staked so I now have $39 in my account yes? or no?

Look at it another way, I didn't have a win bet at all just $10 place, I now have $39 in my account + I still have the $10 bonus bet that I "didn't" use.

Anyway the point of this post was this: do not have EW bets with using bonus bets, as Blackdog says win only or place only OR if you have bonus bets with 2 different mobs (I usually do) then have a win bet with one mob and a place bet with a different mob if your horse places you are definitely ahead of where you would be with an EW bet with either mob, (for the same outlay, albeit bonus bets)