- Maths reviewed by Josh Miller
- Tested by Diana Westfield
An each way double calculator splits your bet into the two parts the bookie settles separately. £5 each way on two horses at 4/1 and 5/2, quarter odds a place, costs £10. If both win you get £103.75 back. If both only place, you get £16.25. The free CasinoCalcs calculator works it out for any odds and place terms, and you can mark each horse as won, placed or lost.
How an each way double works
It’s two doubles in one slip:
- Win double: £5 on both horses to win. Both have to win.
- Place double: £5 on both horses to place, at the place odds. Both have to place, and a winner counts as placed.
At 1/4 odds a place, 4/1 becomes evens (2.0 in decimal) and 5/2 becomes 5/8 (1.625). So the place double returns £5 × 2.0 × 1.625 = £16.25, and the win double returns £5 × 5.0 × 3.5 = £87.50.
When one horse only places
This is the result people get wrong. If the first horse wins and the second finishes third, the win double loses, but the place double still pays the full £16.25. The calculator shows every combination, so you can see before you bet whether the place part covers your £10.
Here it doesn’t: £16.25 back is £6.25 profit, but only if both place. With two short-priced horses the place double often returns less than the total stake. Each way doubles earn their keep at bigger prices, from about 4/1 up.
Place terms matter
Most handicaps pay 1/4 or 1/5 odds for three or four places. Some bookies pay extra places on big races. Change the terms per race in the calculator. Got a non-runner? Mark it void and the bet becomes an each way single on the other horse. If a horse is withdrawn late, apply the Rule 4 deduction. Ties for a place go through the dead heat calculator.
For a plain win double, use the double bet calculator. Adding a third horse? The each way treble calculator is next.
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