Each-Way Calculator

Calculate returns for each-way horse racing bets with UK/Irish place terms

Formula:Place Odds = Win Odds × Place Fraction

Each-Way Bet Details

Enter your bet information

$

Total stake will be double (E/W = 2 bets)

Each-Way Returns

Total stake: $20 ($10 × 2)

IF WINS
Win Return:$60
Place Return:$20
Total Return:$80
Profit:+$60
IF PLACES ONLY
Win Return:$0
Place Return:$20
Total Return:$20
Profit/Loss:+$0
IF UNPLACED
Win Return:$0
Place Return:$0
Total Return:$0
Loss:-$20

Win Odds

5/1

Place Odds

1/5 of 5/1

Total Stake

$20

Max Win Profit

$60

Each-Way Examples

Quick-start with common scenarios

Each-Way Bet Tracker

0 / 100 entries

Bet History

0 entries

No bets recorded yet.

Add your first bet to start tracking.

Quick Answer

TL;DR summary

Each-way betting is two bets in one: a win bet and a place bet. At 8/1 with 1/5 odds for 3 places, a $10 E/W bet costs $20 total. If your horse wins: Win bet returns $90, place bet returns $26 = $116 total ($96 profit). If it only places: Win bet loses, place bet returns $26 ($6 profit). If unplaced: Lose $20.

Key Facts: Each-Way Betting

Important information

  • Each-way = two bets: win stake + place stake
  • Standard terms: 1/5 odds for 3 places (8+ runners)
  • Handicap 16+: 1/4 odds for 4 places
  • Short fields (5-7): 1/4 odds for 2 places
  • Place odds = Win odds × Place fraction
  • Total stake = 2 × unit stake
  • Best value typically at odds of 5/1 or greater
  • Look for enhanced place terms in big races

Frequently Asked Questions

Common each-way questions

What is an each-way bet?

An each-way bet is two bets in one: a bet on your selection to WIN and a bet on it to PLACE (finish in the top positions). The total stake is double your unit stake - a $10 each-way costs $20 ($10 win + $10 place).

How are each-way terms determined?

Each-way terms depend on the number of runners. 8+ runners: 1/5 odds, 3 places. 5-7 runners: 1/4 odds, 2 places. 16+ runner handicaps: 1/4 odds, 4 places. Fewer than 5 runners typically have no place betting.

How is the place bet calculated?

The place odds are the win odds multiplied by the place fraction. At 10/1 with 1/5 place terms, the place odds are 2/1 (10 x 1/5 = 2). A $10 place bet at 2/1 returns $30 ($20 profit + $10 stake).

When is each-way value best?

Each-way betting offers best value on horses at 5/1 or longer in competitive races. At shorter odds, the place return may not cover your losses if the horse only places. Many professionals prefer straight win bets on short-priced horses.

What are enhanced each-way places?

Many bookmakers offer enhanced place terms as promotions, such as paying 4 places instead of 3, or 1/4 odds instead of 1/5. These improve your value and are worth seeking out for big races.