We sometimes use affiliate links in our content, when clicking on those we might receive a commission - at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy.
This is our each way bet calculator UK punters can use to work out their win and place money on wagers for free. It’s quick and easy to use, and we’re sure you’ll just love it. Have a go with it and see for yourself!
‹
Single & Each WayDoublesTreblesAccumulatorLucky 15
›
Single & Each Way
What is an Each Way Bet Calculator?
If you don’t take a punt regularly on the leading betting sites in the UK, then you may not be familiar with the each way bet. Not to worry, as we explain it all right here in language you can understand. Just think of us as jargon busters.
For those looking for a deeper dive into each way betting, we’ve got a dedicated page on it. This wager is effectively two bets in one where the unit stake gambled doubles. There’s the straight up win part and the place part that pays at a set fraction of outright odds. We’ll have more on that and the terms offered later on.
By far most commonly associated with horse racing betting, but also available on other sports, our each way bet calculator does all the number crunching on profits and total returns for you. Highlighting these may help you understand the difference between betting on the same outcome as a straight win and what you can get from an each way bet on that eventuality.
We’ve designed a terrific tool that shows you what will happen in terms of a payout from the bookies in different scenarios. You can see the returns if your selection just runs into a place but also how much the win is worth. All the maths and calculations are done for you automatically in a couple of seconds.
Using Our Free Each Way Bet Calculator
It’s a piece of cake using our handy tool for working out what your each way bets are worth. Just follow these simple steps and you’ll soon get to grips with it:
Make sure the calculator is set to Single & Each Way.
Click Yes from the Yes / No option, so the tool knows it’s an each way bet.
Enter the stake from your wager in the top left box. The calculator automatically doubles the unit stake.
Choose the odds format at the top right with fractional and decimal odds you main choices with each way punts.
Now put the place terms in. You’ll have a range of options here.
Input the odds you took or are thinking of taking into the each way bet calculator.
Include any Rule 4 deduction that applies when there are non-runners in line with the Tattersalls Committee Rules of Betting to the wager.
Key in the result of your each way bet with the following choices available: Won, Placed, Dead Heat, Lost, Void.
Hit the calculate button to view and see total stake, returns and profit.
How to Use a Lucky 15 Each Way Bet Calculator
You can do so much more than calculate each way singles with our neat tool. It’s possible to work out a whole range of different bet types that you might want to consider putting on this way. The Lucky 15 is a classic wager that many horse racing punters opt for, simply because it somewhat mitigates the risks attached to an accumulator. Let us explain this bet to you.
A Lucky 15 is a combination and system wager involving four picks put together as individual singles, six doubles, four trebles and a fourfold accumulator. Add those up, and you’ve got 15 bets. They all go on the same betslip. It’s not a stretch to imagine where the Lucky 15 got its name from.
While the unit stake on a win only wager of this kind multiplies by 15, if you go each way that outlay becomes doubled on top of that. That makes 30x a simple win single with an each way Lucky 15. It’s at this point where our free bet calculator becomes indispensable to punters as it automatically does all the maths for you.
Place Terms with a Horse Racing Each Way Bet Calculator
As noted above, there are place terms set by bookmakers on all each way bets. With football outright markets, for instance, these are either half or a third of the outright odds for two places.
In the event that you’re betting on a division or competition’s top goalscorer, meanwhile, you may get a quarter of the price taken available on four places in pre-season or the early stages of the campaign. It’s more likely that you have bet on horse racing this way than football or another sport, though.
If you’re using an each way bet calculator on Grand National wagers, for example, then you’ll hopefully have taken extra places where offered by the bookies. When and where those are available is entirely at the discretion of the online bookmakers themselves.
There are industry standards for place terms based on the minimum number of runners and type of race that they must follow, however. The faction of outright odds will always be either a quarter or a fifth. The table below summarises Rule 3, which sets the following parameters:
Other Wagers You Can Calculate Besides Each Way Bets
Remember that the unit stake will double on our each way bet calculator to cover both the win and place parts. This tool can also be used to work out singles and multiples as well with functions available on all of the following:
T&Cs apply. New customers, Deposit & Place a Bet within 7 days, and settle a £10 minimum bet at odds of 4/5 (1.8) or greater, to be credited with 3x £10 free bets: 1 x £10 Horse racing, 1 x £10 Free Bet Builder and 1 x £10 Football. Stake not returned. Opt-in required. 18+ BeGambleAware.org.
Open only to new BetUK.com players. Aged 18 or over. Opt-in required by clicking on the “Claim” button on the player’s “My Offers” page. Offer is available on mobile browser and app only. Offer must be claimed and qualifying bet must be made within 7 days of registration. Only bets with minimum odds of 1.5 qualify for this promotion. Qualifying bet must be a bet of at least £10. Void, cashed out, or partially cashed out bets do not qualify for this promotion. Once the qualifying bet settles 3x £10 free bets will be awarded. Free bets must be used on bets with 4 or more selections. Each selection must be at odds of 1.3 or greater. The free bets will expire seven days after they are awarded if they remain unused.
This offer can only be claimed once.
Free bet stake not included in any winnings.
Bets placed with free bets do not qualify towards the promotion.
General T&Cs apply
Plus Best Odds On All Premier League Matches (fixed odds Match Odds, pre-match v top 5 bookies on Oddschecker). Join and place a £10 fixed odds bet at odds of 1/2 or greater. Qualifying bet cannot be placed in-play or cashed out early. 18+ begambleaware.org. Spread betting losses can exceed deposit.
Once the bet is settled, get a £10 free fixed odds bet plus a £5 free Total Goals football spread bet and a £5 racing Winning Favourites spread bet. The second £10 free fixed odds bet, £5 free Total Goals football spread bet, and £5 racing Winning Favourites spread bet will be credited 24 hours later. Free bet stakes not included in any winnings from the free fixed odds bets. The free fixed odds bet can be placed by ticking the 'Claim as Free Bet' button on your bet slip when placing your chosen fixed odds bet. The free bet can be placed in-play but cannot be cashed out in-play and must run to the conclusion of the bet.
You need to open a full sports spread betting account to use the 2 x £5 free Total Goals football spread bets and 2 x £5 racing Winning Favourites spread bet. Whilst these are free bets, please remember that when Spread betting it is possible to incur losses that exceed your initial stake. Free bets expire in 28 days if unused. Promotions available to 18+ aged individuals who are registered customers of Spreadex.
Spreadex
Privately Held
1999
St Albans, UK
Bet £10 get £10 free bet
03/03/23
Bet £10 get £10 free bet
Brand new online betting site
Exciting betting features, including Combo Boosts, Cash Outs, and the revolutionary Bet Builder
Rewarding daily promotions for both casino and sports players
18+. New Customers Only. Max Win £10 Free Bet. Qualifying bets at Odds of 1/1 or greater. Paid as Bonus Toker Min 4/5 Odds Req. Skrill, Neteller, Paypal not eligible. T&Cs Apply
New customers residing in the UK who are at least 18 years old and who register for an account with us on any day other than Aintree’s Grand National day (15/04/2023). Register using the promo code WELCOME40, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £30 in Free Bets and £10 in Free Spins (50x20p) credited within 10 hours of bet settlement. Free Bet stakes are not included in any returns. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required. Full T&Cs apply.
New customers residing in the UK who are at least 18 years old and who register for an account with us on any day other than Aintree’s Grand National day (15/04/2023). Register using the promo code WELCOME40, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £30 in Free Bets and £10 in Free Spins (50x20p) credited within 10 hours of bet settlement. Free Bet stakes are not included in any returns. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required. Full T&Cs apply.
Betfred
Petfre (Gibraltar) Limited
1967
Cheshire, UK
FAQs
How are winnings calculated on an each way bet?
The win part of an each way bet is settled at the outright odds taken, minus any deduction. On top of that, however, there is also the place part of the wager to consider. This settles at a fraction of the outright price, typically a quarter or fifth on horse racing events.
Why bet each way?
Placing an each way bet mitigates the potential loss of just backing an outcome to win. You can still make a profit just from the place part, which is a great incentive to do it.
How many places pay in an each way bet?
This is relative to external factors like the type of event you’re betting on and the number of runners or possible outcomes. Many bookies offer Extra Place races on horse racing that pay above and beyond industry standard terms.
Are there any downsides to each way betting?
If there’s one negative with betting each way, then it’s the fact that the place terms at which wagers are struck aren’t set in stone. In the event of non-runners in a horse race, these may be reduced to offer fewer places or none at all if there are four or fewer contesting races.
How are the number of places decided?
The number of entrants is the main factor in determining the number of places that bookmakers pay out on. If there are five, six or seven runners, then you’ll get two places: first and second. Should there be eight or more, then you’re guaranteed a minimum of three places.
Which sports are popular for each way betting?
Horse racing is obviously the most popular sport that punters use our each way bet calculator in the UK for. It may also be available on outright football, tennis and cricket markets, among other sports for tournaments and competitions.
Jamie Clark
Equine expert
Jamie Clark has worked in the sports betting and related industries for over a decade now. He edited Coral bookmakers' digital platforms for three years prior to its merger with Ladbrokes. An equine expert who grew up in a strong betting environment, he also has a passion for track and field athletics. Jamie has covered all major sporting events with a focus on gambling from World Cups to Ashes Series, Grand Slams and even the Olympics since 2012. Following a successful spell as a freelance tipster and writer for the leading UK betting firms, he rejoined SportsLens in 2021 as horse racing editor after working for the site before when it was SoccerLens. You can also see long form content from Jamie across a range of different sites. He is still finding you winners on all of the day to day and major horse racing events worldwide, covering the UK, Ireland and big races in Australia, France, the USA and beyond. Jamie has written thousands and thousands of articles, features and tips for various markets and audiences. Check out his latest content right here. You just might learn something!