Calculate each-way bet returns with full win, place-only, and loss scenarios. Supports multiple place terms, dead heats, Rule 4 deductions, and accumulator each-way bets.
An each-way bet is actually two separate bets: a WIN bet and a PLACE bet, each at the same stake. So a £10 each-way bet costs £20 total (£10 win + £10 place).
The win part pays out at the full odds if your selection finishes 1st. The place part pays out at a fraction of the odds (typically 1/4 or 1/5) if your selection finishes in the places.
If your horse wins, both parts pay out. If it finishes 2nd or 3rd (in a race paying 3 places), only the place part pays. If it finishes outside the places, you lose both bets.
Input your odds, stake, number of places paid, and the place fraction (1/4, 1/5, or 1/8). Optionally add Rule 4 or dead heat settings.
Switch between Win, Placed, and Lost scenarios to see returns for each outcome. See the full breakdown of win and place parts.
Switch to accumulator mode to calculate each-way accas with multiple selections, each with their own odds and place terms.
Each-way betting is one of the smartest strategies in horse racing and golf betting. By paying for both a win and a place bet, you protect your stake if your selection finishes close but doesn't win outright.
The key to profitable each-way betting is finding horses at longer odds where the place terms offer genuine value. For example, a horse at 10/1 with 1/4 place terms gives you place odds of 5/2 (3.50 decimal). If you think the horse has a 30% chance of placing, those place odds represent excellent value.
Each-way accumulators are particularly powerful. The place part of the acca multiplies together independently, so even if not all selections win outright, you can still get a substantial return from the place acca as long as every selection places.
See Also: For straight accumulator calculations, use our Accumulator Calculator. To understand the full range of bet types beyond each-way, the Bet Calculator covers Trixies, Yankees, Lucky 15s, and more.
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