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Each way calculator

Enter the fractional odds of each selection, choose the place terms and mark every selection as won, placed, lost or void. The calculator splits the win and place parts and shows the total return.

1
Bets
2
Total stake
£10.00
Return
£15.00
Profit
£5.00

How it works

An each way bet is two bets of the same stake: one on the selection to win and one on it to place. A £5 each way single costs £10.

The place part is settled at a fraction of the win odds, the place terms: 1/4 or 1/5 are the usual ones. At 8/1 with 1/4 terms, the place odds are 2/1.

If the selection wins, both parts pay. If it only places, the win part loses and the place part pays at the reduced odds. If it finishes outside the places, both parts lose.

In each way multiples (doubles, trebles, accas, Lucky 15) the win bets and the place bets run as two separate multiples: every selection must win for the win acca and place for the place acca. A Lucky 15 each way is 30 bets.

Formulas

  • Total stake = number of bets × 2 × stake per part
  • Place odds (decimal) = 1 + (decimal odds − 1) × place terms
  • Win return = stake × product of win odds (only if every selection wins; void = 1)
  • Place return = stake × product of place odds (won or placed; void = 1)

Worked example

A £5.00 each way single at 8/1 with 1/4 terms costs £10.00. If it wins, it returns £60.00 (win part £45.00 plus place part £15.00). If it only places, it returns £15.00, a £5.00 profit on the £10.00 staked.

FAQ

How much does a £10 each way bet cost?

£20: £10 on the win and £10 on the place. Bookmakers quote the stake per part.

What are 1/4 and 1/5 place terms?

The fraction of the win odds paid on the place part. The terms and the number of places depend on the market, the field size and the bookmaker, so check them before betting.

Can an each way bet lose money if it places?

Yes, when the odds are short. At 2/1 with 1/4 terms the place odds are 1/2: a placed £5 each way returns £7.50 of the £10 staked.

How many bets is a Lucky 15 each way?

Thirty: the 15 bets of a Lucky 15 (4 singles, 6 doubles, 4 trebles and a four-fold) on the win and the same 15 on the place.

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