{"title":"Each Way Bet Calculator - What is a Each Way Bet? - BetVictor","description":"Placing an Each-Way bet on Horse Racing or another sport? Our free Online Each-Way Bet Calculator instantly shows the odds and potential winnings!","custom_path":"/en-gb/bet-calculator/each-way","heading":"Each Way Calculator","heading_tag":"h1","nofollow":false,"noindex":false,"has_custom_schema":true,"schema_json":[{"@context":"https://schema.org","@type":"FAQPage","mainEntity":[{"@type":"Question","name":"What does an each way bet cover?","acceptedAnswer":{"@type":"Answer","text":"An each-way bet covers an outright win alongside different places. The exact number of places will depend on the event. However, this information can be conveniently found on the bet slip when placing the wager."}},{"@type":"Question","name":"How can you place an each-way bet?","acceptedAnswer":{"@type":"Answer","text":"In order to place an each-way bet, you must first find a market that offers them, such as horse racing or outright betting on events such as the English Premier League. You can then make your selection and tick the each-way box, before entering your desired stake size and confirming the bet."}},{"@type":"Question","name":"Where is the best place to make each way bets?","acceptedAnswer":{"@type":"Answer","text":"When it comes to each way betting on sports, BetVictor is the place to be. You can find a huge variety of each-way betting options across our sports betting catalogue on all the biggest events!"}}]}],"has_toc":false,"alternate_languages":[],"copy_sections":[{"toc_title":"","title":"\u003ch2 class=\"bvs-h2\"\u003eAbout the Each Way Calculator\u003c/h2\u003e","content":"\u003cp style=\"margin-left:0px;\"\u003eThere are many online \u003ca href=\"https://www.betvictor.com/en-gb/sports\"\u003esports betting\u003c/a\u003e markets that offer outright winner options, with many of these also offering each-way odds. Should players wish to place an each-way bet, the stake size will be doubled. However, an additional number of positions will be covered as a result. This means that even if the selection doesn't win, some potential winnings can be awarded as a result.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\u003cp style=\"margin-left:0px;\"\u003eEach-way bets are typically harder to calculate than traditional single bets, as they involve using a fraction of the original odds. This is why we have created this free online betting tool, which allows you to easily calculate the potential winnings and odds of a bet!\u0026nbsp;\u0026nbsp;\u003c/p\u003e\u003ch2 class=\"bvs-h2\" style=\"margin-left:0px;\"\u003eWhat is an Each Way Bet?\u0026nbsp;\u003c/h2\u003e\u003cp style=\"margin-left:0px;\"\u003eAn each-way bet is a type of bet where you place two equal wagers on one selection. One wager is for the selection to win, and the other is for the selection to be placed, meaning it finishes in the top positions.\u0026nbsp; \u0026nbsp;\u003c/p\u003e\u003cp style=\"margin-left:0px;\"\u003eFor example, placing a 5.00 each way bet (10.00 in total) at 10/1 odds with a 1/5 place fraction means if your horse wins, 70.00 is awarded. Alternatively, if the horse places, 15.00 will be awarded.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\u003cp style=\"margin-left:0px;\"\u003eKeep in mind that the place positions will change depending on the event. For example, larger \u003ca href=\"https://www.betvictor.com/en-gb/sports/364\"\u003ehorse races\u003c/a\u003e may award each-way bets if the chosen horse finishes in the top 5, while smaller races will only count the top 3. This information will be found in the bet slip when placing an each-way wager.\u0026nbsp; \u0026nbsp;\u003c/p\u003e\u003ch2 class=\"bvs-h2\" style=\"margin-left:0px;\"\u003eThe Advantages of Using an Each Way Bet\u003c/h2\u003e\u003cp style=\"margin-left:0px;\"\u003eOne of the main advantages of using an each-way bet is that it provides a higher chance of being awarded some potential winnings if your selection doesn't come first but still performs well.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\u003cp style=\"margin-left:0px;\"\u003eNaturally, this can help to make watching different events more entertaining, too, as punters can still support their selection, even if it looks as if an outright win is unlikely. This could apply to betting on the outright winner of the \u003ca href=\"https://www.betvictor.com/en-gb/sports/240/meetings/6323610/all\"\u003eEnglish Premier League\u003c/a\u003e, for example, if it's mathematically impossible for the team to win the league, yet they still have the potential to finish in second overall.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\u003cp style=\"margin-left:0px;\"\u003eIt's also important to consider the disadvantages of an each-way bet, too, which centers around a greater outlay in total. This is due to the bet size being doubled in order to cover the each-way portion of the wager.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\u003ch2 class=\"bvs-h2\" style=\"margin-left:0px;\"\u003eWhat is a Bet Calculator?\u0026nbsp;\u003c/h2\u003e\u003cp style=\"margin-left:0px;\"\u003eA \u003ca href=\"https://www.betvictor.com/en-gb/bet-calculator\"\u003ebet calculator\u003c/a\u003e is a tool that helps you figure out potential winnings from bets. You can use it for different kinds of bets, like singles or multiples, with this page focusing specifically on each-way bets.\u0026nbsp; \u0026nbsp;\u003c/p\u003e\u003cp style=\"margin-left:0px;\"\u003eYou can also easily look at the different outcomes associated with your bet, such as the potential winnings associated with a win, compared to those of your selection placing. The odds can be easily adjusted, too, allowing you to create a wager that seamlessly matches your preferences.\u0026nbsp;\u0026nbsp;\u003c/p\u003e\u003ch2 class=\"bvs-h2\" style=\"margin-left:0px;\"\u003eHow To Use Our Each Way Bet Calculator\u003c/h2\u003e\u003cp style=\"margin-left:0px;\"\u003eIf you want to use the \u003ca href=\"https://www.betvictor.com\"\u003eBetVictor\u003c/a\u003e free online bet calculator to work out the potential winnings and total odds associated with your wager, here's a step by step guide for getting started:\u0026nbsp;\u0026nbsp;\u003c/p\u003e\u003col\u003e\u003cli\u003eSelect whether you'd like the odds to be displayed in a decimal or fractional format.\u0026nbsp;\u0026nbsp;\u003c/li\u003e\u003cli\u003eYou can then input the odds of your chosen selection to win outright.\u0026nbsp;\u0026nbsp;\u003c/li\u003e\u003cli\u003eNext, add the terms for each way payouts. This is left to 1/5 of the original odds as default, as this is the most common term when sports betting online.\u0026nbsp;\u0026nbsp;\u003c/li\u003e\u003cli\u003eAdd your desired stake size.\u0026nbsp;\u0026nbsp;\u003c/li\u003e\u003cli\u003eClick the blue recalculate button.\u0026nbsp;\u0026nbsp;\u003c/li\u003e\u003cli\u003eFrom here, you will be shown the potential winnings for your selection, alongside the potential winnings for the selection placing.\u0026nbsp; \u0026nbsp;\u003c/li\u003e\u003c/ol\u003e\u003cp style=\"margin-left:0px;\"\u003eIt's also worth mentioning that when you use our free online bet calculator, your selections will be automatically saved, allowing you to reference these wagers again in the future if you wish!\u0026nbsp;\u003c/p\u003e"}]}