Enter your each-way stake, decimal odds and place terms to calculate the total stake and potential returns.
An each-way stake of R100 means R100 on the win and R100 on the place, for a total stake of R200.
Win Stake R0.00
Place Stake R0.00
Total Stake R0.00
Win Odds 0.00
Calculated Place Odds 0.00
Win Part Return R0.00
Place Part Return R0.00
Total Potential Return R0.00
Potential Profit R0.00
Place Part Return R0.00
Total Amount Returned R0.00
Net Result R0.00
Important: This calculator provides mathematical estimates based on the stake, decimal odds and place terms entered. Each-way rules, qualifying places, dead heats, deductions and bet settlement can vary by bookmaker and event. Check the applicable bookmaker’s rules. 18+ only. Gamble responsibly.
How to Use the Each-Way Bet Calculator
Enter your each-way stake, decimal odds and the place terms offered for the bet. Then select Calculate Each-Way Bet.
The calculator will show your total stake and the potential returns if the selection wins or only places.
Remember that an each-way bet consists of two separate parts: a win bet and a place bet. Therefore, a R100 each-way bet has a total stake of R200.
How Does an Each-Way Bet Work?
An each-way bet combines:
Win bet: The selection must win for this part of the bet to return.
Place bet: The selection must finish within the qualifying places specified by the bookmaker for this part to return.
If the selection wins, both the win and place parts can return. If it finishes in a qualifying place without winning, only the place part can return.
The number of qualifying places and the place terms can vary depending on the bookmaker, event and market.
What Does R100 Each Way Mean?
A common misunderstanding is that R100 each way costs R100.
It actually consists of:
R100 Win Stake + R100 Place Stake = R200 Total Stake
Similarly:
R50 each way = R100 total stake
R200 each way = R400 total stake
Our calculator automatically shows the total stake before displaying the potential returns.
How Are Each-Way Place Odds Calculated?
Place terms are normally expressed as a fraction of the profit portion of the original odds, such as 1/2, 1/3, 1/4 or 1/5.
For example, decimal odds of 5.00 correspond to fractional odds of 4/1.
With 1/4 place terms:
4 × 1/4 = 1
That produces calculated decimal place odds of 2.00.
A R100 place stake at calculated decimal odds of 2.00 would therefore have a potential place return of R200.
Example of an Each-Way Bet
Suppose you place:
R100 each way
Decimal odds: 5.00
Place terms: 1/4
Your total stake is R200.
If the selection wins, the example calculation gives:
Win return: R500
Place return: R200
Total potential return: R700
Potential profit: R500
If the selection only qualifies for the place part, the calculated place return is R200 in this example.
Actual settlement can differ where bookmaker-specific rules such as dead heats, deductions or other settlement conditions apply.
Need to Convert Your Odds?
If your odds are shown as fractional or American odds, use our Odds Converter South Africa to convert them to decimal odds before using this calculator.
Frequently Asked Questions
Does R100 each way mean a R100 total stake?
No. A R100 each-way bet normally consists of R100 on the win and R100 on the place, making the total stake R200.
What happens if my each-way selection wins?
If the selection wins and the bet is settled normally, both the win and place portions can produce returns according to their respective odds and terms.
What happens if my selection places but doesn't win?
The win portion loses, while the place portion may produce a return if the selection finishes within the qualifying places under the bookmaker's rules.
What do 1/4 each-way terms mean?
It means the place portion uses one quarter of the profit portion of the original odds when calculating the place odds.
Are place terms the same for every bet?
No. Place terms and the number of qualifying places can vary by bookmaker, event and market. Check the terms displayed for the specific bet.
Gamble Responsibly
Betting involves financial risk. Potential returns calculated by this tool are mathematical estimates and do not guarantee that a bet will win or be settled at the calculated amount. Check the applicable bookmaker's rules before placing a bet. 18+ only. Gamble responsibly.