Each Way Calculator
Work out your total stake, returns and profit from each-way bets in seconds.
This each way calculator splits your bet into its win part and its place part and settles both. Type the odds, choose the place terms for the race, mark the horse Won, Placed or Lost, and the return updates. Add more selections for each way doubles, trebles and accumulators.
An each way bet is two bets of equal stake: one for the horse to win and one for it to place. The place part pays at a fraction of the win odds, usually 1/4 or 1/5, depending on the number of runners. £5 each way costs £10.
In UK horse racing, place odds are typically a fraction of the win odds: commonly 1/4, 1/5, 1/3 or 1/2 depending on the race and field size. This calculator works out your total stake, your return if your selection wins outright, places only, or doesn't place at all.
Try the calculator belowPlace terms explained
The place part pays at a fraction of the win odds. The fraction and the number of places depend on the race. The usual terms are:
| Runners | Places | Fraction |
|---|---|---|
| 2 to 4 | Win only | – |
| 5 to 7 | 2 | 1/4 |
| 8 or more | 3 | 1/5 |
| Handicaps, 12 to 15 | 3 | 1/4 |
| Handicaps, 16 or more | 4 | 1/4 |
Bookmakers add extra places on big races. Pick the fraction under each selection in the tool, or set a default in Settings.
Each way returns when the horse places but does not win
The win part loses. The place part pays the place stake at the place odds. At 10/1 with 1/5 odds the place odds are 2/1, so £5 to place returns £15. On £10 staked in total that is a £5 profit. At shorter prices a place can leave you behind: 4/1 at 1/5 is 4/5 on the place, so £5 to place returns £9 on £10 staked.
Rule 4 deductions on each way bets
When a horse is withdrawn after you bet, Rule 4 takes pence in the pound off the winnings on both parts. A 10p deduction on 10/1 makes it 9/1 for the win part and 9/5 for the place part at 1/5 odds. Choose the deduction under the selection and the tool applies it to both parts.
Each way at Cheltenham and the Grand National
The big festivals are where each way betting peaks. Fields are large, so most races pay three places at 1/5, and bookmakers offer extra places on the Grand National, often five, six or more. Type the terms the bookmaker gives you and the calculator does the rest.
Worked example: £5 each way at 10/1, placed, 1/5 odds
£5.00 each way on 1. 10/1 placed. Total stake £10.00.
| Bet | Bets | Stake | Return |
|---|---|---|---|
| Single | 1 | £10.00 | £15.00 |
| Total | 1 | £10.00 | £15.00 |
Return £15.00 on £10.00 staked, a profit of £5.00. These are the figures the tool above opens with.
Built for a phone, not a desk
Most bet calculators are a desktop form buried in a page of adverts and articles. This one is one screen, made for a phone in the bookies or on the sofa. Tap the bets you want to place and they light up. Mark each pick Won, Lost or NR before you type a price, so losers need no odds at all. The total sits at the bottom of the screen the whole time. Every calculator on this site is the same tool with a different bet loaded, so there is nothing new to learn from page to page.