Each Way Calculator – Quickly Work Out Your Bet Winnings
Each Way Bet Calculator
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Summary (Updated Automatically)
Each way betting is one of the best-known styles of wagering around. Some less experienced will not be familiar with how a wager is worked out so our each way calculator will attempt to do the rest. And don’t hesitate to check out our list of recommended betting sites if you want to place an each way bet.
How Winnings Are Calculated in an Each Way Bet
Use our each way calculator to instantly work out the potential winnings of your bet.
When you bet each way, you effectively have two bets. One bet is on the selection to win, while the other bet is on the selection to place. Be sure to check with your bookmaker to see how many places they will pay to.
Example: You back a horse with £5 at odds of 5/1 EW 1/5 1-2-3. The horse finishes 1st.
In this example, both bets win. The winnings can be calculated by adding the two bets.
- Bet one on the horse to win – £30 return (£25 profit & £5 stake)
- Bet two on the horse to place – £5 return (£5 profit, & £5 stake. The 5/1 odds become 1/1 when fraction applied.)
- The total winnings are £30, plus the £10 stake is returned
For much more information about how each way bets work, see our guide to each way betting.
FAQ – Frequently Asked Questions about the Each Way Calculator
How does an Each Way Calculator work?
After entering your stake, bet type and odds of each selection, our helpful tool will calculate how much you could win on a successful bet.
How Many Places Pay in an Each Way Bet?
That will vary. The number of places that pay in an each way bet usually depends on the number of runners taking part in the event. Typically, bookies will pay 2 places in a race of 7 runners and 3 places with 11 runners. This will vary depending on the bookmakers as well as the event itself. Many sites will pay to more places for special events so be sure to research first.
What are the Advantages of Using the Each Way Calculator?
Using an Each Way Bet calculator allows you to instantly and accurately work out the returns on your each way bet. Its main advantage is giving accurate information quickly and saving you some time.
On Which Sports Can I Place an Each Way Bet?
Due to the particular nature of Each Way betting, it is usually done on Horse Racing. Many other sports offer each way betting such as golf and Formula 1.