Each Way Bet Calculator
Calculate each way bet returns with win and place payouts. Supports 1/4, 1/5 and other place terms.
Betting Calculator
Odds Format
Bet Type
Each Way
Each Way?
Selections
Show Rule 4?
Include Exchange Commission
#
Outcome
Odds
1
Stake
Stake
$
Betting Summary & Returns
Total Outlay
$10.00
Total Return
$20.00
Total Profit
+$10.00
Bet TypeEach Way
Number of Bets1
Selections1
Odds Conversion
Decimal
2.00
Fractional
1/1
American
+100
Probability
50.0%
Calculations are estimates and exclude bookmaker-specific bonuses.
Quick Reference: Odds Formats
Decimal
Total return per unit staked, including your stake. 2.50 returns $2.50 on a $1 bet.
Fractional
Profit relative to stake. 3/2 means $3 profit for every $2 staked, plus your stake back.
American
Positive shows profit on a $100 stake; negative shows the stake needed to win $100.
What is an Each Way Bet?
An each way bet consists of two equal bets: one for the selection to win and one for it to place (finish in the top positions). Your total stake is doubled — e.g., $5 each way costs $10 total.
Place Terms
- 1/5 odds — typically for handicap races with 16+ runners
- 1/4 odds — most common, 5-7 runner races
- 1/3 odds — used in some markets
- 1/2 odds — used in some special markets
Example
$5 each way at 10/1 with 1/4 odds place terms:
- Win part: $5 × 11.00 = $55.00
- Place part: $5 × 3.50 = $17.50
- Total return if wins: $72.50 | If places only: $17.50