Each Way Calculator

Calculates your lay stakes for each way bets. This can be used for Extra Place events. Full guide here.

What Is An Each Way Bet?

An each way bet is effectively two bets in one: one bet on your selection to win, and a second bet on your selection to hit a paid place. Because you're placing both bets in one go, your unit stake is doubled when you choose to place an each way bet (so if you enter a stake of £5, you will bet a total of £10 on your each way bet). If your selection wins, both your bets win and will pay out. If your selection doesn't win but does land in a paid place, only the place part of your bet will win. And, of course, if your selection fails to win or place, you'll lose your full stake.

How Do I Place An Each Way Bet?

Choose your selection and enter your stake in the betslip. Then tick the 'E/W' (which stands for Each Way) box in your betslip to make your bet an each way bet. You should see your total stake confirmed in your betslip, which will be double your unit stake.

How To Use The Each Way Calculator

In simple mode, first enter the details of your bookmaker each way bet. Enter the unit stake (which will be doubled, don't forget), the back odds, the number of paid places, and the fraction payout the bookmaker is using (likely to be 1/4 or 1/5).

Then enter the betting exchange lay details: the lay odds on your selection to win, as well as the lay odds on your selection to hit the appropriate number of places. Enter any commission you are charged by the exchange in question.

The calculator will tell you your optimal lay stakes, as well as confirming your potential profits or losses depending on how your selection does in the event.

In advanced mode, you can also enter any Rule 4 deduction that has been made. You can also use the 'Custom' section at the bottom to adjust your lay stakes, if you wish to favour a certain outcome.

Other Ways To Make The Most Of Sports Betting

The very best way to get the most out of your sports betting is through Matched Betting, a strategy that allows you to extract profit from bookmaker offers and rewards. Outplayed members are often able to make as much as £300 - £1000+ a month from Matched Betting!

To find out more, check out the Outplayed Beginner's Guide to Matched Betting for all the information you need to get started.