This independent comparison website helps consumers choose the best available gambling product matching their needs. We offer a high-quality advertising service by featuring only established brands of licensed operators in our reviews. Please note that although we endeavour to provide you with up-to-date information, we do not compare all operators on the market.
Betting calculators
Each way calculator: an online each way bet calculator for singles, doubles and accumulators
Use this each way calculator to work out the stake and return of a bet. The each way bet calculator takes singles up to Lucky 63, the each way double calculator and each way acca calculator are the same tool with more selections, and the each way odds calculator reads fractions, decimals and evens. For a Lucky 15 or Yankee win only, use the bet calculator, or jump to Rule 4.
- Bets in the stake
- 1
- Total stake
- £20.00
- Win parts return
- £90.00
- Place parts return
- £26.00
- Total return
- £116.00
- Profit or loss
- £96.00
| Outcome | Return | Profit or loss |
|---|---|---|
| Every selection wins | £116.00 | £96.00 |
| Every selection places only | £26.00 | £6.00 |
| Every selection loses | £0.00 | -£20.00 |
How an each way bet is calculated
For a plain-language introduction first, read our each way betting guide. An each way bet is two bets of equal size placed together. One backs the horse to win and the other backs it to place. Ten pounds each way is a stake of twenty, and the calculator asks for the stake on one part, not the total.
The win part is paid at the full odds if the horse finishes first. The place part is paid at a fraction of the odds if the horse finishes in the places, and that includes a win, because a winner has also placed. Both parts return the stake along with the profit.
The sums are short. For a win at 8/1 with ten pounds on the win part, the return is ten times nine, which is ninety pounds. For the place part at one fifth of the odds, the place price is 8/5, so ten pounds returns twenty-six. A horse that wins collects both, a total of one hundred and sixteen pounds for a twenty-pound stake. A horse that only places collects the twenty-six alone and the win part is lost.
| Result | Win part | Place part | Total return | Profit or loss |
|---|---|---|---|---|
| Wins | £90.00 | £26.00 | £116.00 | £96.00 |
| Places, does not win | £0.00 | £26.00 | £26.00 | £6.00 |
| Finishes out of the places | £0.00 | £0.00 | £0.00 | -£20.00 |
The place fraction and the number of places are part of the bet, and bookmakers set both for each race. The calculator lets you pick the fraction, and you check the number of places on the racecard.
Online each way bet calculator: how to use it
Choose the bet type first. A single is one horse. A double, treble or accumulator joins several horses and needs every one of them to win, or to win or place for the place part. The full-cover options, such as a Lucky 15, spread your horses across a set of smaller bets, and the number in brackets is the number of bets you are staking on.
Enter the stake for one part. A Lucky 15 at one pound each way is fifteen bets with a win part and a place part each, so thirty pounds in all. Then pick the place terms the bookmaker offers on the race, and fill in the odds for each selection as a fraction such as 8/1 or 5/2, as evens, or as a decimal like 3.5. That odds field is the each way odds calculator part of the tool, and it reads whichever format your bet slip shows.
The result menu lets you test an outcome. Set a horse to Won, Placed, Lost or Non-runner and the return changes at once. The table under the figures shows the same bet if every selection wins, places or loses, so you can see the best case and the cost of a bad day without playing with the menus.
A Rule 4 deduction can be set for each selection, which is covered further down. If you do not need it, leave it at none.
Each way places and fractions
The place fraction is usually a quarter or a fifth of the win odds, and occasionally a third. The number of places depends on the race. A big-field handicap often pays more places than a small non-handicap, and some races pay only a winner. Bookmakers state the terms on the racecard for each race, and during the big festivals they sometimes pay extra places as a promotion.
Because the terms differ by operator and race, the calculator takes them from you. A calculator that guessed the places would be wrong as often as right. Check the line beside the horse and enter the fraction it gives.
The place part only pays if the horse finishes inside the number of places. The calculator does not know the number of places, so you mark the result yourself, as Placed or Lost, once you know where the horse finished.
Each way double calculator, trebles and each way acca calculator
Combining horses multiplies the prices, so the sums grow quickly. In an each way double, the win part needs both horses to win and returns the stake times both prices. The place part needs both horses to place, a win counting as a place, and uses the place price of each. A double on two horses, one winning and one placing, pays only the place part of the double.
| Result | Win part | Place part | Total return | Profit or loss |
|---|---|---|---|---|
| Both horses win | £60.00 | £13.13 | £73.13 | £63.13 |
| One wins, one places | £0.00 | £13.13 | £13.13 | £3.13 |
| Both place only | £0.00 | £13.13 | £13.13 | £3.13 |
| One loses | £0.00 | £0.00 | £0.00 | -£10.00 |
The each way acca calculator works the same way with more legs. The more horses you add, the longer the odds, and the harder it is for every one of them to finish in the money. A five-fold each way accumulator pays only if all five horses place at least, which is a demanding condition even when each looks likely.
If one of the horses is a non-runner, the leg is void and the bet is paid on the remaining legs, so a treble becomes a double. The calculator handles that when you set the result to Non-runner.
Lucky 15 and other full-cover each way bets
Full-cover bets give a return when only some of your horses win. A Trixie is three horses in four bets: three doubles and a treble. A Yankee is four horses in eleven bets. A Lucky 15 adds the four singles to the Yankee, for fifteen bets. A Canadian covers five horses in twenty-six bets, a Lucky 31 adds the five singles to make thirty-one, a Heinz covers six horses in fifty-seven bets, and a Lucky 63 adds the singles for sixty-three.
Each way doubles the stake again. The calculator multiplies for you, but it helps to know the shape of the cost before you place the bet.
| Bet | Bets | £1 per part | £2 per part | £5 per part |
|---|---|---|---|---|
| Trixie | 4 | £8.00 | £16.00 | £40.00 |
| Yankee | 11 | £22.00 | £44.00 | £110.00 |
| Lucky 15 | 15 | £30.00 | £60.00 | £150.00 |
| Canadian | 26 | £52.00 | £104.00 | £260.00 |
| Lucky 31 | 31 | £62.00 | £124.00 | £310.00 |
| Heinz | 57 | £114.00 | £228.00 | £570.00 |
| Lucky 63 | 63 | £126.00 | £252.00 | £630.00 |
A single winner in a Lucky 15 returns only the win part of one single and, if it is the only horse that places, the place part of that single. That is why the promotions you see around these bets often pay a bonus for a first winner or a second. The promotions have conditions, and they are not part of the calculator.
Rule 4 and non-runners
When a horse is withdrawn from a race after you have placed your bet, the odds on the others become shorter in the market, and a deduction is taken from the winnings of bets that are not on the withdrawn horse. This is Rule 4. The deduction is quoted in pence in the pound and depends on the price of the withdrawn horse: a horse that was a short price coming out means a bigger deduction.
To look up the deduction from the price of the withdrawn horse, use the Rule 4 calculator.
The deduction applies to the winnings and not to the stake. On an each way bet it applies to both parts, to the win price and to the place price, so a deduction of twenty-five pence in the pound reduces the profit of both by a quarter.
| Rule 4 deduction | Win part | Place part | Total return | Profit |
|---|---|---|---|---|
| None | £50.00 | £20.00 | £70.00 | £50.00 |
| 10p in the £ | £46.00 | £19.00 | £65.00 | £45.00 |
| 25p in the £ | £40.00 | £17.50 | £57.50 | £37.50 |
| 50p in the £ | £30.00 | £15.00 | £45.00 | £25.00 |
To use it, choose the deduction the bookmaker has applied from the Rule 4 menu on the selection. Bookmakers publish their own Rule 4 tables, and some bets, such as those at Best Odds Guaranteed, treat the deduction in a specific way. Check the operator’s terms.
Dead heats and extra places
A dead heat is a tie for a position. The stake that depends on the tied position is divided by the number of horses involved, so if two horses dead heat for first, half of the win stake is paid at the full odds and the other half is lost. The calculator does not model dead heats, because the rules depend on how many horses tie for which place. If your horse dead heated, work out the part of the stake that wins and enter it as the stake of a separate bet.
Extra places are a promotion in which a bookmaker pays on more places than the standard terms. They change the number of places, not the sums. If a bookmaker pays four places instead of three, a horse that finishes fourth is a Placed result and the calculator treats it the same way.
A longer-priced example: a big-field handicap
Take a big handicap with a horse at 25/1, five pounds on each part, and a bookmaker paying one quarter odds for the place. The win price is 26 and the place price is 1 plus 25 divided by four, which is 7.25.
| Result | Win part | Place part | Total return | Profit or loss |
|---|---|---|---|---|
| Wins | £130.00 | £36.25 | £166.25 | £156.25 |
| Places, does not win | £0.00 | £36.25 | £36.25 | £26.25 |
| Finishes out of the places | £0.00 | £0.00 | £0.00 | -£10.00 |
The table shows why long shots are the natural home of each way. The place return alone is more than seven times the place stake, and it comes more often than the win. It also shows the cost of a loss: all ten pounds is gone.
Grand National each way calculator: big-race bets
The Grand National is the race where most people place an each way bet, because the field is large and the prices are wide. A horse at 33/1 with five pounds each way and a quarter of the odds for the place has a win price of 34 and a place price of 9.25, and the number of places is set by each bookmaker, with several paying more places than the standard terms in this race.
The calculator does not need the race to be the Grand National. It needs the odds, the fraction and your result. Type the price you took, choose the fraction on the bet slip, and set the result once the race is over. For a big race, check the terms for extra places and for Rule 4, because non-runners are common in the days before the off and the deduction on a short-priced withdrawal can be large.
A bet taken at an early price and a bet taken at the starting price can differ by a lot in a race this size. If your bookmaker runs Best Odds Guaranteed on the race, you are paid at the better of the two prices, which you can enter into the calculator as the odds of the winning part. Check the terms, since the promotion may not cover every bet type or every runner.
Before you stake anything, set the figure you are happy to lose and treat it as the cost of watching the race. A calculator that shows a large return on a long shot is showing one possible outcome out of many, and most of the others return nothing.
Each way beyond racing
Each way is not only for horses. Outright markets in golf, and some football and tennis outrights, are priced each way too, with the place terms stated in the market rules. Golf is the common case: an outright bet on a player at 40/1 with five places at one fifth pays the place part if the player finishes in the first five. The calculator works the same way. Enter the odds, choose the fraction, and mark the result as Won, Placed or Lost.
Read the market rules for the number of places and for any dead heat or tie provisions, since they can differ from racing.
Common mistakes with each way bets
The first is forgetting that the stake doubles. A bet of ten pounds each way is twenty pounds out of your account, and a multiple of that is a bigger number than people expect.
The second is assuming a place from a near miss. A horse that finishes fourth when three places are paid has lost both parts. Count the places before the race, not after it.
The third is ignoring the place fraction. The same horse at the same odds returns noticeably less on a place part at one fifth than at one quarter, and bookmakers differ on the same race.
The fourth is treating Rule 4 as a rounding error. On a short-priced withdrawal the deduction is large, and on a multiple a single deduction on one leg reduces the whole bet’s winnings.
The last is the most basic. An each way bet on a horse you do not fancy is not safer than a win bet on it. It is two bets on the same opinion.
When is an each way bet worth it?
Each way suits longer prices. At 10/1 with one fifth odds for the place, the place price is 3/1, and a horse that places returns three times the place stake plus the stake. That covers its own stake and much of the win part. On a 2/1 favourite, the place price at one fifth is only 7/5, and a placed horse rarely recovers the full outlay.
Each way is also a way of staying in the bet when you think a horse will run well but may not win. It costs twice as much as a win single for the same stake per part, and the place part only pays a fraction.
None of this means each way is a better bet. It is a different shape. A win single pays more if your horse wins. An each way bet pays a smaller amount more often. Neither changes the odds of the horse running well, and neither is a way to make money reliably.
Other betting calculators on this site
The bet calculator works out Lucky 15s, Trixies, Yankees and Patents win only as well as each way. The accumulator calculator works out the return on a win-only accumulator, and the odds converter moves between fractional, decimal and American odds. If you want to see which bookmakers offer Best Odds Guaranteed, read our horse racing betting sites guide, or go back to the main comparison.
The calculator does arithmetic. It does not know the horses, the going or the market, and a result on the screen is a calculation from the numbers you typed, not a forecast or a promise of a payout.
The online each way bet calculator on this page covers singles, doubles, trebles and accumulators. For a double, the each way double calculator mode takes two selections and gives each a win part and a place part.
Pick the bet type, enter the odds and the each way fraction, and mark where each horse finished. The each way calculator then shows what every part returns. The same each way calculator works as an each way acca calculator when you add more legs and as an each way odds calculator when you change the prices. Nothing is placed online, it only does the sums, and for a double the each way double calculator and the each way bet calculator give the same answer because they are one tool.
How the calculator works
Each bet is worked out line by line. A single has one line. A double has one line of two selections, and a Lucky 15 has fifteen lines. For every line the win part returns the stake times the product of the win prices if every selection won, and the place part returns the stake times the product of the place prices if every selection placed or won. A Rule 4 deduction reduces the profit of a selection before the multiplication. A non-runner is left out of its lines. One function works out both the calculator result and the tables on this page, and automated tests compare it with each way examples calculated by hand. It is arithmetic, not a forecast, and the bookmaker’s own terms decide how a real bet is settled.
Questions about the each way calculator
What is an each way bet?
Two bets of equal size, one on a horse to win and one to place. Ten pounds each way costs twenty.
How is an each way bet calculated?
The win part pays at the full odds if the horse wins. The place part pays at a fraction of the odds, a quarter or a fifth, if the horse finishes in the places. A winner collects both.
How many places pay in an each way bet?
It depends on the race and the bookmaker, so read the terms on the racecard. The calculator asks you to mark the result, because it cannot know where a horse finished.
What is the each way fraction?
The share of the win odds paid on the place part, typically one quarter or one fifth, sometimes one third.
What does Rule 4 do to my return?
It takes a deduction from the winnings, in pence in the pound, when a horse is withdrawn after you have bet. It applies to the win and place parts of an each way bet.
What is a dead heat?
A tie for a position. The stake for that position is divided between the tied horses, so only part of it is paid at the full odds.
Can I place an each way double or accumulator?
Yes. Every selection has to win for the win part and place for the place part. The calculator supports doubles through five-fold accumulators.
What is Lucky 15 each way?
Fifteen bets on four horses, each with a win part and a place part, so thirty parts in all. The stake is the amount per part times thirty.
Are extra places the same as standard places?
No. Extra places are a bookmaker promotion that pays on more places than usual in a named race, and they have their own terms.
Does the calculator use my bookmaker’s terms?
It uses the odds, place fraction and Rule 4 deduction you enter. It does not know which operator you use, so copy the terms from the bet slip.
What if a horse is a non-runner?
The leg is void and the bet is paid on the remaining selections. Set the result to Non-runner to see it.
What does 1/4 odds mean for the place part?
The place part is paid at one quarter of the win odds. A horse at 8/1 has a place price of 2/1.
Is an each way bet two bets?
Yes. It is one win bet and one place bet, each with its own stake. The return of each is worked out separately.
Do I need a bookmaker account to use this calculator?
No. It runs in your browser and does not place bets.
Is the result a guaranteed payout?
No. It works out the win and place parts from the fraction and places you enter. The bookmaker’s settlement, the places it pays and any deduction decide the real payout.
How do I convert fractional to decimal odds?
Divide the first number by the second and add one. 8/1 is 9.0 and 5/2 is 3.5. The odds converter does it for you.