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The win double needs both horses to win to be successful while the place double needs both horses to place to be successful. As you are placing two bets in one, your stake will be doubled, so a 10 stake would double to 20 to cover both the win double and place double.
A Double is one bet made up of two selections in different events. Both selections must be successful for your bet to win.
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Prop betting seeks to proposition the bettor with a question, one that may or may not have a direct bearing on the final score. For example: How many receiving yards will Tyreek Hill have?
An Each Way (E/W) bet is basically two bets - one bet is for the horse to win, the other is for the horse to place. Because it is two bets, you have to double your stake. You will receive a return on your bet if your selection wins but also if it places.