Each Way Bet Calculator

Enter the odds, the place terms and how your selection finished to see what an each way bet returns, win part and place part.

Calculator

Type odds in any box; the others follow.

Total payout
–
Parlay payout
–
Total return
–
BetsNumberWinPlace

Enter the odds of every outcome in one market: both sides of a spread or total, or all three of win, draw and lose.

Bookmaker's margin (vig)
–
OutcomeOddsImpliedFair chanceFair odds

Arbitrage

The best odds you can get on each outcome, at different books.

Arbitrage
–
OutcomeOddsStakeReturns

Hedge an open bet

Hedge stake
–
Platform
Pays if it happens
–
How it's calculated

Maths only: no bets are placed here and no sportsbook is recommended. If gambling stops being fun, help is free and confidential: Gambling Therapy (Gordon Moody), free online support in many languages (gamblingtherapy.org).

What this page sets up

The each way tab opens with a single: 10 each way at 10/1, with 1/5 the odds for a place, and the selection finishing placed but not winning. The bet costs 20, the win part loses and the place part pays at 2/1, returning 30. Change the result to Won to see both parts pay, pick a double, treble or bigger bet in Bet, and set the place terms your bookmaker offers for the race.

Place terms

In UK and Irish horse racing the standard terms depend on the race. The table under this text lists them as one bookmaker’s rules state them; many bookmakers pay extra places on selected races, so check the terms on your bet slip. Races with fewer than five runners are usually win only.

Reading the result

The top figure is what the bet returns, stakes included, and the line under it gives the total staked and the profit or loss. The breakdown shows the win and place parts separately, so you can see what a placed-only finish is worth. Maths only: no bookmaker bonuses or Rule 4 deductions are applied. For a multiple, each selection’s result counts separately: a double where one selection won and the other only placed returns the place part alone.

Standard each way place terms

RacePlace terms
Fewer than 5 runnersWin only
5 to 7 runners1/4 the odds, 2 places
8 or more runners (non-handicap)1/5 the odds, 3 places
Handicap, 8 to 11 runners1/5 the odds, 3 places
Handicap, 12 to 15 runners1/4 the odds, 3 places
Handicap, 16 or more runners1/4 the odds, 4 places

Source: BetWright, Horse racing betting rules (dated March 16, 2026). Other bookmakers' terms can differ, especially on extra-place offers.

10 each way at 10/1

Place termsPlace oddsWinsPlaces onlyLoses
1/4 the odds5/2 (3.50)£145.00£35.00£0.00
1/5 the odds2/1 (3.00)£140.00£30.00£0.00

Returns include the £20 staked. Maths only, not betting advice.

Maths only, not betting advice. If gambling stops being fun, free confidential help is listed on the odds calculator page.

Odds CalculatorSomeone shared their result

Suggested