Each-Way Sports Calculator

See the win and place parts of your each-way bet from stake, odds and terms.

Please enter a valid stake amount
Please enter valid odds
Results
Total Stake --
Return if Wins --
Return if Places --
Profit if Wins --
Profit if Places Only --
Loss if Unplaced --

How to Use This Calculator

  1. Pop in your stake per part (your total outlay will be 2× this number)
  2. Pop in the win odds for your pick
  3. Pick how many places are on offer
  4. Pick the place fraction (1/4 or 1/5 of the odds)
  5. Check your returns and profit for the win, place-only, and unplaced outcomes

Formula

Total Stake = Unit Stake × 2 (one part for win, one for place)

Place Odds = (Win Decimal Odds - 1) / Fraction + 1

Win Return = (Stake × Win Odds) + (Stake × Place Odds)

Place Return = Stake × Place Odds

Win Profit = Win Return - Total Stake

Place Profit = Place Return - Total Stake

Frequently Asked Questions

What's an each-way bet, exactly?

An each-way bet is really two bets rolled together: one to win and one to place. Win and both halves pay out. Place (finish in the top spots) without winning and only the place half pays. That place half is settled at a fraction of the win odds.

What do 1/4 odds and 1/5 odds mean?

That’s the slice of the win odds used to work out your place return. With 1/4 odds, the place half pays at a quarter of the win odds. With 1/5, it pays at a fifth. So if your win odds are 10/1 at 1/4, the place odds come to 10/4 = 5/2.

How many places get paid each-way?

It varies by event. Horse racing usually pays 2-4 places (often more in handicaps). The bookmaker tells you the number of places and the fraction for each event.

Does each-way betting offer good value?

Each-way can be great value when you reckon a pick has a solid shot at placing but the win odds are big. Longshots with a real chance of placing make ideal each-way picks, especially when the place terms are generous.