The each way bet is a single selection wager consisting of 2 equal parts: a win bet and a place bet. Learn more.
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What is an each way bet? - Learn about the each way bet and all its possible outcomes. This bet can generate a return even when your selection doesn't win outright. Discover how the returns are calculated and follow the detailed examples.
Double bet calculator - For an each way wager with 2 selections, use this calculator. Please be sure to manually select the Each Way option from the dropdown box. Both selections must at least place to gain a return.
Treble bet calculator - Combine 3 selections into an each way treble and calculate the returns with this calculator. Just choose the option from the drop down menu and enter your details. Note that all selections must finish in a placing position to achieve a return.
Accumulator bet calculator - Supports up to 20 selections in an each way accumulator. Choose your options and enter the odds for the returns to be calculated. Supports rule 4 deductions, dead heats, non runners, fold betting and more.
An Each Way bet is essentially split into 2 bets. The first part of the bet is a WIN bet on your selection, and the second is that they will PLACE, the place bet will vary per race or event, but it will generally be to finish in the top 4 or 5.
When you place an Each Way bet your stake is doubled; so a £5 Each Way bet would require a £10 stake. £5 will go on the win portion and £5 on the place portion.
The place portion of the bet will be represented using a fraction of the winning odds. So for instance, if the each way fraction is 1/5 and the winning odds are 10/1 and you place a £5 each way bet, then your win portion has potential returns of £55 (£50 + £5) and the place portion potential returns of £15 (£10 + £5). If your selection wins you will receive both these returns if they place then you will only receive the second returns for that portion of the bet.
The main advantage of an Each Way bet is that it increases your chance of a win. If the odds are long already then the potential returns if your selection places may still be attractive.
On the downside Each Way bets require a greater initial stake as your stake is essentially doubled and if your selection already has low odds then the returns may be significantly less attractive once you discount the win portion of your stake.