An each way bet means you win for both the selection winning (at full odds) and placing (normally 1/4 or 1/5 odds). This calculates the amount you win if your selection wins, or if your selection only places.
Instructions for Each Way Single Bet Calculator:
Enter the total stake (ie £5 each way is £10 total stake) and the odds in decimal (eg 3.50) or fraction (eg 5/2) format. Select the amount the bookmaker is paying for place, and specify whether the selection wins or places.
Example Calculation: (If not shown above then reset here).
£10 staked (£5 on the win, £5 on the place) at odds of 9/1 (or 10.00). The selection wins, and a place pays at 1/4 odds. The return for the win is £50 (£5x10.00), the return for the place is 16.25. The total return is 66.25, minus the staked £10 gives a profit of £56.25.
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