BETAThis calculator is for informational purposes only and is not financial advice. Always consult HMRC or a qualified professional before making financial decisions.

Free Online Tool

Each Way Calculator UK

The most comprehensive free each way calculator for UK betting. Calculate your potential returns for horse racing, golf, football outrights, and other sports instantly. Powered by AI to help you understand win and place payouts.

Each Way Calculator - Free UK betting calculator for horse racing and sports

£10

E/W Stake

×

5/1

Odds

=

£82.50

If Wins

Accurate CalculationsFractional & Decimal Odds100% Free ForeverAI Voice Assistant

Why Use Our Each Way Calculator?

Our each way calculator is the most trusted tool for UK punters who want to understand exactly what they stand to win or lose before placing a bet. Whether you're betting on the Grand National, The Open Championship, or a midweek race at Kempton, knowing your potential returns is essential for smart betting.

Each-way betting is one of the most popular bet types in British horse racing, offering a safety net if your selection doesn't quite manage to win but still runs well enough to place. However, calculating your returns manually can be confusing - that's where our each way calculator comes in. Simply enter your stake, odds, and the each-way terms, and we'll show you exactly what you'll receive if your selection wins, places, or loses.

Unlike basic calculators, our tool is powered by AI and includes a voice assistant that can answer your questions about each-way betting in real-time. Ask about anything from how place odds are calculated to whether each-way betting is worth it at certain odds.

Free Each Way Calculator Tool

Enter your stake and odds below to instantly calculate your each-way bet returns. Our each way calculator supports fractional odds (like 5/1) and decimal odds (like 6.0), and allows you to adjust the place terms and number of places to match your bookmaker's offer.

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How to Use This Each Way Calculator

1Enter Your Stake

Input the amount you want to stake each-way. Remember, this amount is placed on BOTH the win and place parts, so a £10 each-way bet costs £20 total. The each way calculator will show your total outlay clearly.

2Enter the Odds

Enter the odds offered by your bookmaker. You can use fractional odds (5/1, 11/4, etc.) or decimal odds (6.0, 3.75, etc.). The calculator will convert between formats automatically.

3Select Each-Way Terms

Choose the place odds fraction (usually 1/4 or 1/5) and number of places that pay out. These depend on the race type and number of runners. Check your bookmaker's terms if unsure.

4View Your Returns

Instantly see your potential returns for all three outcomes: if your selection wins (both parts pay), if it only places (just place part pays), and if it loses (total stake lost).

Each Way Calculator Visual Breakdown

See how your returns change based on stake and odds with our interactive charts. Adjust the values below to see the impact on your potential winnings. This visual each way calculator helps you understand the relationship between odds and returns.

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Each Way Calculator: Understanding Each-Way Betting

An each-way bet is one of the most popular bet types in UK horse racing, golf, and other sports with outright markets. It's essentially two bets in one: a WIN bet and a PLACE bet. This gives you a safety net - even if your selection doesn't win, you can still get a return if it finishes in the places.

How Each-Way Betting Works

When you place an each-way bet, you're making two separate bets of equal value. The first bet is on your selection to WIN the race or tournament outright. The second bet is on your selection to PLACE - meaning it finishes in one of the paying positions (usually top 2, 3, or 4 depending on the field size and race type).

The catch? Your stake is doubled. A £10 each-way bet costs £20 total (£10 on win, £10 on place). The place bet pays at a fraction of the win odds (typically 1/4 or 1/5), and the number of places that pay out depends on the number of runners in the race. That's why using an each way calculator before you bet is so important - it helps you understand exactly what you're getting into.

IF IT WINS

Both win and place bets pay out

Win bet pays at full odds + Place bet pays at fractional odds

IF IT PLACES

Only place bet pays out

You lose the win stake but collect place returns

IF IT LOSES

Lose entire stake (both parts)

No return - total stake is lost

The Mathematics Behind Each-Way Betting

Let's break down a real example to show exactly how each-way betting works. Say you place £10 each-way on a horse at 5/1 with 1/4 place odds and 3 places:

Your Bet Details:

  • • Stake per part: £10
  • • Total stake: £20 (£10 win + £10 place)
  • • Win odds: 5/1 (decimal: 6.0)
  • • Place odds: 5/4 (5÷4=1.25, decimal: 2.25)
  • • Places paying: 1st, 2nd, 3rd

Potential Returns:

  • • If WINS: £60 + £22.50 = £82.50 (profit £62.50)
  • • If PLACES: £22.50 (loss £7.50 overall)
  • • If LOSES: £0 (loss £20)

Notice that at 5/1 odds, you actually make a small loss if your selection only places. This is because the place return (£22.50) doesn't quite cover your total stake (£20). At longer odds, you would profit even on a place finish. Our each way calculator shows you this breakdown instantly for any combination of stake and odds.

Each Way Calculator: Quick Reference Examples

Quick reference showing returns at common stakes and odds. All examples use standard horse racing each-way terms. Use our each way calculator above for custom calculations with your specific bet details.

BetTotal StakeIf WinsIf PlacesIf Loses
£5 E/W @ 3/1(1/4, 2 places)£10.00£28.75+£18.75£8.75-£1.25£0.00-£10.00
£10 E/W @ 5/1(1/4, 3 places)£20.00£82.50+£62.50£22.50+£2.50£0.00-£20.00
£10 E/W @ 8/1(1/5, 3 places)£20.00£116.00+£96.00£26.00+£6.00£0.00-£20.00
£20 E/W @ 10/1(1/4, 4 places)£40.00£290.00+£250.00£70.00+£30.00£0.00-£40.00
£10 E/W @ 16/1(1/5, 3 places)£20.00£212.00+£192.00£42.00+£22.00£0.00-£20.00
£25 E/W @ 20/1(1/4, 4 places)£50.00£675.00+£625.00£150.00+£100.00£0.00-£50.00

Each Way Calculator: Standard UK Horse Racing Terms

The number of places paid and the odds fraction depend on the type of race and number of runners. Here are the standard terms used by most UK bookmakers. Always check these when using your each way calculator to ensure accurate results:

RunnersPlaces PaidOdds FractionDescription
2-41 places1/4Win only (no each-way betting)
5-72 places1/41st & 2nd at 1/4 odds
8+3 places1/51st, 2nd & 3rd at 1/5 odds
12-15 (handicap)3 places1/41st, 2nd & 3rd at 1/4 odds
16+ (handicap)4 places1/41st, 2nd, 3rd & 4th at 1/4 odds

* Terms may vary between bookmakers and for special offers. Some bookies offer enhanced each-way terms as promotions - extra places or better odds fractions. Always check before betting.

Each Way Calculator Strategy: When to Bet Each-Way

Knowing when to bet each-way versus win-only is crucial for profitable betting. Use our each way calculator to run the numbers, but here are some general guidelines:

When Each-Way IS Worth It:

  • At longer odds (5/1+) where place returns can cover your stake
  • In large field races (8+ runners) with more places
  • In competitive handicaps where any of 10 horses could win
  • When bookies offer enhanced each-way terms (extra places)
  • In golf majors with 150+ player fields

When Each-Way ISN'T Worth It:

  • At short odds (under 3/1) - you'll lose money on a place finish
  • In small field races (4-5 runners) with only 2 places
  • When betting on heavy favourites in weak races
  • If your selection has a poor place record
  • In two-horse races where only 1 place pays

The key insight is that each-way betting has diminishing value at shorter odds. At 2/1, your place odds are just 1/2 (1.5 decimal) at 1/4 terms - not enough to cover your doubled stake if your selection only places. Always run the numbers through an each way calculator before placing your bet.

Complete Each Way Calculator Betting Guide

Each Way Calculator FAQ

Got questions about each-way betting or how to use our each way calculator? Here are answers to the most common questions from UK punters:

What is an each-way bet?
An each-way bet is two bets in one: a WIN bet and a PLACE bet. You're betting on your selection to both win AND place (finish in the top positions). Your stake is doubled - so £10 each-way costs £20 total. If your selection wins, both bets pay out. If it places but doesn't win, only the place bet pays.
How does an each way calculator work?
An each way calculator takes your stake, odds, place terms (1/4 or 1/5), and number of places to calculate three scenarios: returns if your selection wins, returns if it only places, and total loss if it loses. The calculator shows your total stake (doubled), win odds, place odds, and profit/loss for each outcome.
What are the standard each-way terms for horse racing?
For horse racing: 5-7 runners pays 1st & 2nd at 1/4 odds. 8+ runners pays 1st, 2nd & 3rd at 1/5 odds. Handicaps with 12-15 runners pay 3 places at 1/4 odds. Handicaps with 16+ runners pay 4 places at 1/4 odds. These can vary by bookmaker and for enhanced each-way offers.
Can I make a profit if my horse only places?
It depends on the odds. At shorter odds (like 2/1), you'll usually make a loss overall if your selection only places because the place return doesn't cover the lost win stake. At longer odds (like 8/1 or higher), you may still profit even if your selection only places, as the place return exceeds your total stake.
Is each-way betting good value?
Each-way can be good value at longer odds (5/1+) in competitive races with many runners. It provides insurance if your selection is competitive but doesn't win. However, at short odds or in small fields, you're often better off just backing to win. The value depends on the specific odds and terms offered.
What does 'each-way' mean in golf betting?
In golf, each-way bets typically pay out if your player finishes in the top 5 or top 8 (depending on the tournament), at 1/4 or 1/5 of the odds. This makes each-way particularly attractive in golf due to the large fields and unpredictable nature of the sport.
How do I calculate my each-way returns manually?
For a £10 E/W at 5/1 (1/4 odds, 3 places): Win part: £10 x 6.0 = £60. Place part: £10 x 2.25 (5/4 +1) = £22.50. If WINS: £60 + £22.50 = £82.50 total (£62.50 profit). If PLACES: £22.50 return (£7.50 loss overall as you lose the £10 win stake). If LOSES: £0 (lose £20 total stake). Or use our free each way calculator above!
What's the difference between 1/4 and 1/5 odds?
1/4 odds means the place bet pays 25% of the win odds, while 1/5 pays 20%. For example, at 10/1: with 1/4 terms you get 10/4 (2.5/1) place odds; with 1/5 terms you get 10/5 (2/1) place odds. 1/4 is better for the bettor as you get higher place odds.
Why should I use an each way calculator before betting?
Using an each way calculator before placing your bet helps you understand exactly what you stand to win or lose. It shows whether you'll profit if your selection only places (not always the case at short odds), helps you compare different stakes and odds, and ensures you're making informed betting decisions.
Do all bookmakers offer the same each-way terms?
No, each-way terms can vary between bookmakers. Some offer enhanced each-way terms as promotions, such as extra places or better odds fractions (1/4 instead of 1/5). Always check the specific terms your bookmaker is offering before placing an each-way bet.

Each Way Calculator for Different Sports

Horse Racing

The most common sport for each-way betting. Terms vary by field size: 2-3 places for smaller fields, up to 4 places for big handicaps. Use our each way calculator with the correct number of runners.

Typical terms: 1/4 or 1/5 odds, 2-4 places

Golf

Each-way betting shines in golf due to huge fields (150+ players). Bookies typically offer 5-8 places at 1/4 or 1/5 odds. Great for backing outsiders at big prices with decent place chances.

Typical terms: 1/4 or 1/5 odds, 5-8 places

Football Outrights

League winner, top scorer, and other outright markets offer each-way options. Usually 2-3 places depending on the market. Perfect for backing teams you think will challenge but might not win.

Typical terms: 1/4 odds, 2-3 places

Each Way Calculator AI Assistant

Need help understanding each-way betting? Our AI assistant can answer your questions in real-time. Ask about odds calculations, when to bet each-way, or get personalized advice for your specific bet.

Click the chat button in the bottom right corner or use our voice assistant to speak your questions naturally. The AI knows everything about each-way betting and can use our calculator for you.

Disclaimer

This each way calculator provides estimates based on standard betting rules. Actual returns may vary depending on your bookmaker's specific terms and conditions. Each-way terms can vary between bookmakers - always check before placing your bet. Gambling involves risk - only bet what you can afford to lose. If you're concerned about your gambling, visit BeGambleAware.org.

18+ only. Please gamble responsibly.