How to place an Each Way Betting With 888sport. Let’s say you fancy Altior to win the Cheltenham Gold Cup. At the time of writing, Altior is 20/1 to do just that – meaning a £5 each way bet would return £130 if he is successful. With place terms set at 1/5, top three, this wager on Altior would return £25 if he finished in the places. Each Way Bet Calculation. When placing an each way bet it’s not always clear what your return is going to be. With an each way bet we are actually placing 2 seperate bets. 1 bet on the win and 1 bet on the place. Let’s use a horse race as an example. If our horse wins we win both the win part and the place part. How To Calculate Each Way Payouts. Suppose you’ve placed an Each Way bet of £10 (£5 on Win, £5 on Place) at a price of 20/1 (21.0 decimal odds). The Each Way terms of the race are: 6 places at 1/5 of the odds. Here’s the three possible Each Way scenarios calculated under both fractional and decimal odds formats. If the each way odds are ¼ that means you’ll be paid ¼ of 8/1 for the place part of the bet which is 2/1 for your £5 stake for place that returns another £15. Totalling £60. If you selection was placed, you’d only be entitled to £15 in total just for the place part of your bet as the win section had lost. How to use the calculator. To work out the return on any bet, simply enter the Odds and the Stake. For example, if you were betting £100 on a 9-4 chance, enter: Odds = 9 (to) 4, Stake = 100, then click 'Calculate' The Instant Bet Calculator will then show the return on a: Win only bet Winning each way bet (1/4 odds) Winning each way bet (1/4 odds) Use the Each Way return calculator to work out your winnings online for all sports. Free, easy to use and mobile friendly bet calculator. How to use this calculator. Enter the win odds and the place odds (either directly (e.g. 3.50) or as a fraction of the win odds (e.g. 1/3). Enter any applicable deductions (leave as 0 if you are unsure) along with the total stake that will be applied for each bet. The calculator will then output various potential results from your wagers. Each For example, if the bet is priced at 4-1, then it is calculated as 1 / (4+1) = 0.2 which means there is a 20% chance of the outcome happening. The bet return is calculated by multiplying the stake by the odds. A single bet can usually be worked out easily, but when working out a multiple it is advisable to use a bet calculator. Usually 1/4 or 1/5. In each-way betting, if your horse wins, you will win both the ‘win’ and ‘place’ parts of your bet. But if it only places, you will lose the ‘win’ part of your bet and win the ‘place’ part of your bet. This above tool acts as an each-way bet calculator. Simply tick the relevant box. Rule 4 Rules How Winnings Are Calculated in an Each Way Bet. Use our calculator to instantly calculate the winnings of your each way bet. When you bet each way, you effectively have two bets. One bet is on the selection to win, while the other bet is on the selections to place.
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