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Each Way Bet Calculator
The each way bet is a single selection wager consisting of 2 equal parts: a win bet and a place bet. Learn more.
An each way bet is particularly popular in horse racing and golf betting. With golf, in particular, dead-heats are extremely common. At the same time, in most circumstances, there is only one outright winner. The potential for multiple players in a golf tournament to finish the same number under par is high.
Are you looking for more calculation options? Use our fully-featured bet calculator.
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 - Use this calculator for each way wager with 2 selections. You must 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.
Each Way Bet Calculator - FAQ
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.
Your stake is doubled when you place an Each Way bet, 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, you will only receive the return from the second 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 doubled. If your selection already has low odds, then the returns may be significantly less attractive once you discount the win portion of your stake.
In an Each Way bet, the place portion of your bet will typically vary depending on the number of runners. Generally, up to 5 runners will be win-only, up to 7 runners will have 2 places, and up to 11 runners will have 3 places. The number of places each bookmaker offers will vary depending on specific events, races and Extra Place promotions.
About AceOdds
AceOdds provides the most comprehensive and reliable suite of bet calculators, with over 50,000 bets calculated daily. Trusted by independent bookmakers and punters to work out returns, you can be sure that the calculations are accurate. Learn more.
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