In the world of online sports betting, our each way bet calculator is a handy tool for both novice and experienced sports bettors alike. It helps you calculate potential winnings from an each way bet and saves you the time and effort of taxing your brain cells and doing manual calculations. Here we will cover all you need you need to know about our each way bet winnings calculator, including full instructions on how to use it.
Our each way bet calculator UK is a tool that helps you calculate potential winnings from an each way bet. An each way bet is a popular type of bet in horse racing in particular, and in some other sports. It consists of two separate bets: a win bet and a place bet. If your selection wins, you win both bets. If your selection places (usually in the top three or four depending on the race and the online bookies rules), you win the place bet, but unfortunately lose the win bet.
Each way bets are most typically used when the odds of the selection winning are low but the odds of it placing are high. For example, if a horse is priced at 10/1 to win, but 3/1 to place, you may decide to place an each way bet. If the horse wins, you win both bets, but if it places, you still make a profit on your place bet.
Using our each way bet calculator is easy. Simply enter the stake, odds, and each way terms into the calculator, and it will calculate the potential winnings for both the win and place bets. Make sure that you have clicked the ‘each way’ selection option – if you don’t your bet will be calculated as a win bet.
For example, let’s say you want to place a £10 each way bet on a horse at odds of 10/1 with quarter of the odds for the place bet. The total stake for the bet would be £20 (£10 for the win bet, and £10 for the place bet).
To calculate the potential winnings, enter the stake (£20), odds (10/1), and each way terms (1/4) into our e/w bet calculator. The calculator will then show you the potential winnings for both the win and place bets.
Our each way patent bet calculator each way is designed to be an each way single bet calculator, but it can be used to calculate any type of bet, so you can easily use it as an each way double bet calculator or an each way treble bet calculator if you want. To use it as an each way treble bet calculator, just select the ‘trebles’ button at the top of the calculator and then make sure the each way selection option is chosen. You can then enter your three each way bets to calculate any potential winnings. For use as an each way double bet calculator each way, select the ‘doubles’ option.
Although each way betting is most associated with horse racing (which is why our each way patent bet calculator is mainly designed as a horse racing each way bet calculator), you can use our each way patent bet calculator with other sports. To use it, for example, as a golf each way bet calculator UK, just do the same as you would with horse racing. Note, when using a golf each way bet calculator, make sure the online bookie you are placing your bet at accepts golf each way place bets, and the number of places for which a place bet counts as a win.
The rules for each way bets can vary depending on the sport and the online bookie. In horse racing, the standard each way terms are usually one quarter or one fifth of the odds for the place bet, with the number of places paid depending on the number of runners in the race. For example, in a race with eight or more runners, the top three will usually pay out for a place bet. In races with between five and seven runners, the top two will usually pay out for a place bet.
It’s important to understand that the place odds may change depending on the number of runners and the odds of the selection. This is where our each way bet calculator comes in handy, as it can calculate the potential winnings for different scenarios.
Each way rules do vary per online bookmaker, but the most consistent each way rules have been listed below.
Number of Runners | Finishing Places for Winning Place Bets | Odds |
Five to seven (non-handicap) | First, second | One quarter |
Eight or more (non-handicap) | First, second, third | One fifth |
Five to seven (handicap) | First, second | One quarter |
Eight to eleven (handicap) | First, second, third | One fifth |
Twelve to 15 (handicap) | First, second, third | One quarter |
16 or more (handicap) | First, second, third, fourth | One quarter |
One common deal you might spot (or we will promote) at an online bookie is an ‘extra places’ bonus. It usually applies to horse racing, but it may also apply to other sports where place finishes can be applied, such as tennis and golf.
This deal will extend the number of places for races with a minimum number of runners. For example, bookies may pay out place bets for fifth place finishes in races with over 16 runners. Some deals even extend to sixth place.
One important thing to note, with some bookies these deals may pay out as bonus money, as opposed to real cash. Even with races where this deal applies, normal place finishes (first to fourth) are paid out as normal.
Our each way bet accumulator calculator is a tool that helps you calculate potential winnings from an each way accumulator bet. An each way accumulator is a type of bet that combines multiple each way bets into one bet.
As an example, let’s say you’re thinking of placing an each way accumulator bet on three horses in three different races. The odds for each horse are 10/1, 5/1, and 8/1 respectively. To calculate the potential winnings, you would need to use our each way accumulator calculator.
All you need to do is enter the stake, odds and each way terms for each selection into the calculator. It will calculate the potential winnings for your overall accumulator bet.
In addition to each way bet winnings calculator tools and each way accumulator calculators, we can offer other types of calculators available for sports betting sites that you should find invaluable. We have listed all the free bet calculators we currently can offer to you below. Simply choose the one that suits your needs the most, and get calculating!
When it comes to betting, it’s always good to shop around and take advantage of the best free bet offers available. To help you do this, we’ve put together a table of the best free bet offers currently available in the UK. Use these free bets in tandem with our free e/w bet calculator to work out any potential winnings from an each way free bet.
One very important thing to note, though. If you do use a free bet and our free each way bet calculator UK to calculator your winnings, make sure you only look at the ‘winnings’ section of the calculation, and not the ‘returns’. This is because free bet offers from online bookmakers very seldom return your free bet stake as a result of your free bet, if it wins.
In addition, check for other restrictions such as payment restrictions and timeframes. One other point – some free bet offers can only be used for ‘win’ bets, and not each way.
Using our each way patent bet calculator helps you understand the potential returns for both the win and place bets, and allows you to make informed decisions about your stake. It can also save you time and effort compared to manually calculating the potential returns.
Indeed it can! The calculator can be used for other sports where each way betting is available, such as golf and tennis.
Our each way bet calculator uses the odds and stake you input to generate the potential returns, so it is one hundred percent accurate based on the information provided. However, keep in mind that the actual returns may vary depending on the outcome of the event and any changes in odds.
That is not a problem, as there is an each way bet accumulator calculator option available that allows you to calculate the potential returns for multiple selections in an each way bet.
Yes it is! Please note, there are many free each way bet calculators available online, however, some may require you to create an account or sign up for a subscription to access certain features. That is not, and never will be the case with our each way bet calculator which will always be, one hundred percent free!