Win part + place part
Each-Way Calculator
Enter your stake per part, odds and place terms to see what comes back if it wins or places.
Win part = stake × (1 + (D − 1)(1 − r))
Place part = stake × (1 + (place − 1)(1 − r))
Total stake = 2 × stake
Example: £10 each-way at 5/1, 1/4 odds, wins
- Win part = £60.00
- Place odds = 5/1 × 1/4 = 5/4 → place part £22.50
- Total return £82.50 on £20.00 staked
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Guides that go with this calculator.
FAQ
Frequently asked questions
How does an each-way bet work?
An each-way bet is two bets of the same stake: one on the selection to win, one on it to place. £10 each-way costs £20.00. At 5/1 with 1/4 place terms the place part is paid at 5/4.
What do I get back if my selection wins?
Both parts pay. £10 each-way at 5/1 (1/4 odds) returns £60.00 from the win part plus £22.50 from the place part — £82.50 in total, a profit of £62.50.
What if it only places?
The win part loses and only the place part pays. The same bet returns £22.50 — a profit of £2.50 on the £20.00 total stake.
What are place terms (1/4, 1/5)?
Place terms set the fraction of the win odds paid on the place part and how many places count. At 10/1 with 1/5 terms the place odds are 2/1, so £5 each-way that places returns £15.00.
What is a Rule 4 deduction?
When a runner is withdrawn after you bet, UK bookmakers reduce winnings (not stakes) by a set number of pence in the pound. With a 25p Rule 4, the £10 each-way 5/1 winner returns £66.88 instead of £82.50.
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