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What is a Each Way Bet?

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Each Way Composition

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BetSelectionsQuantity
SinglesAny single selection1

Permutations

  • Singles: Each selection as a single bet. (1 total)

Each Way Example

Selection NameOdds
Team A2/1
Team B3/1
Team C4/1

special.betTypes.each-way.howToCalculate Use the calculator below to see exact returns for each component bet and the total.

Examples

Football (decimal odds)

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Horse racing (fractional odds)

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Fractional odds explained

  • Written as a/b (e.g., 5/2). This means you win a profit of a for every b you stake.
  • Profit = stake × (a ÷ b). Total return = stake + profit.
  • Quick convert to decimal: 1 + (a ÷ b). Example: 9/4 → 1 + 9/4 = 3.25.
  • Example: at 2/1, a £10 stake: profit £20, total return £30.

Formulas

Each Way (single)

  • Split your total stake in half: half on Win, half on Place.
  • Place odds are reduced by the place fraction (e.g., 1/5 of the win odds boost).
  • If your pick wins: you get both the Win and the Place returns.
  • If it only places: you get the Place return.

Reasons for making a Each Way Bet

  • Increased chances of winning: Multiple combinations create more ways to get a return than a single bet.
  • Potential for significant returns: When several selections win, combined payouts can grow quickly.
  • Risk management: Some combinations can still return even if not all selections win.

Also See