Oddsmart’s Each Way Calculator removes the guesswork from every each-way wager by instantly showing your stake, return and profit under any outcome.
Why It Matters
Win & Place Covered: Splits your unit stake into win and place bets—pays if your pick wins or places.
Complexity Handled: Applies Rule 4 deductions, models dead-heats and unifies fractional, decimal or American odds.
Key Features
Multi-Format Input: Enter odds as 7/2, 4.50 or +350—calculator auto-converts to decimal.
Place Terms: Choose 1/4, 1/5 or custom fractions for place payouts.
Rule 4 Adjustments: Select pence-in-the-pound rate; the tool reduces odds accordingly.
Scenario Results: Instantly see Win Return, Place Return, Total Return, Total Stake and Profit.
How to Use
Unit Stake: Type your per-leg stake (e.g. 5; calculator uses 2× for each-way).
Odds Format & Value: Pick format, enter odds.
Place Terms & Rule 4: Select place fraction (e.g. 1/4) and any Rule 4 rate (e.g. 10p).
Result Dropdown: Choose Won, Placed, Dead Heat, Lost or Void.
Review Outputs: Check your exact returns and net profit for each scenario.
Practical Example
A £5 each-way at 7/2 with 1/4 terms yields:
Place Return £11.25, Total Stake £10, Profit £1.25 when placed.
If it wins, combined return £56.25, Profit £46.25.
With transparent formulas and mobile-ready Excel/LibreOffice support, Oddsmart’s calculator ensures you always know your worst- and best-case outcomes—making every each-way bet a confident, bankable decision.