{"id":704,"date":"2017-09-07T12:54:12","date_gmt":"2017-09-07T12:54:12","guid":{"rendered":"https:\/\/www.oddsmonkey.com\/matched-betting\/?post_type=calculators&#038;p=704"},"modified":"2024-10-10T22:27:07","modified_gmt":"2024-10-10T21:27:07","slug":"each-way-bet-calculator","status":"publish","type":"calculators","link":"https:\/\/www.oddsmonkey.com\/matched-betting\/calculators\/each-way-bet-calculator\/","title":{"rendered":"Each Way Bet Calculator"},"content":{"rendered":"        <div class=\"panel panel-default bc-panel\">\n            <div class=\"panel-heading\">Each Way Bet Calculator<\/div>\n            <div class=\"panel-body\">\n                <form class=\"form-horizontal\">\n                    <input type=\"hidden\" id=\"bc-type\" value=\"1\" \/>\n                    <input id=\"bc-selections\" class=\"form-control\" type=\"hidden\" step=\"1\" value=\"1\" min=\"1\" max=\"1\">\n\n                    <div class=\"row bc-leg\">\n                        <div class=\"form-group col-sm-12\">\n                            <label class=\"col-sm-4 control-label\" for=\"bc-stake\">Stake:<\/label>\n                            <div class=\"col-sm-8\">\n                                <input id=\"bc-stake\" name=\"bc-stake\" class=\"form-control\" type=\"number\" step=\"0.01\" value=\"1\">\n                            <\/div>\n                        <\/div>\n\n                        <div class=\"form-group col-sm-12\">\n                            <label class=\"col-sm-4 control-label\" for=\"bc-mode\">Odds Format:<\/label>\n                            <div class=\"col-sm-8\">\n                                <select class=\"form-control\" name=\"bc-mode\" id=\"bc-mode\">\n                                    <option selected=\"selected\" value=\"fractional\">Fractional (3\/1)<\/option>\n                                    <option value=\"decimal\">Decimal (4.0)<\/option>\n                                    <option value=\"american\">American ($300)<\/option>\n                                <\/select>\n                            <\/div>\n                        <\/div>\n                        <input type=\"radio\" name=\"bc-eachway\" id=\"bc-eachway-yes\" value=\"1\" autocomplete=\"off\" checked class=\"hidden\">\n                        <div class=\"form-group col-sm-12 bc-place-terms\">\n                            <label class=\"col-sm-4 control-label\">\n                                <i class=\"fa fa-info-circle bc-hint\" data-toggle=\"tooltip\" title=\"For each way bets the odds for the place part are calculated using the place term, these should be on the racecard or the betslip.\"><\/i>\n                                Place Term:\n                            <\/label>\n                            <div class=\"col-sm-8\">\n                                <select class=\"form-control bc-place-term\">\n                                    <option value=\"1\">1\/1<\/option>\n                                    <option value=\"2\">1\/2<\/option>\n                                    <option value=\"3\">1\/3<\/option>\n                                    <option value=\"4\" selected>1\/4<\/option>\n                                    <option value=\"5\">1\/5<\/option>\n                                    <option value=\"6\">1\/6<\/option>\n                                    <option value=\"7\">1\/7<\/option>\n                                    <option value=\"8\">1\/8<\/option>\n                                <\/select>\n                            <\/div>\n                        <\/div>\n\n                        <div class=\"form-group col-sm-12\">\n                            <label class=\"col-sm-4 control-label\">Odds:<\/label>\n                            <div class=\"col-sm-8\">\n                                <div class=\"bc-box-fractional\">\n                                    <div class=\"input-group\">\n                                        <input type=\"number\" class=\"form-control bc-odds-numerator\" step=\"1\">\n                                        <div class=\"input-group-addon\">\/<\/div>\n                                        <input type=\"number\" class=\"form-control bc-odds-denominator\" step=\"1\">\n                                    <\/div>\n                                <\/div>\n                                <div class=\"bc-box-decimal\"><input class=\"form-control bc-odds-decimal\" type=\"number\" step=\"0.01\"><\/div>\n                                <div class=\"bc-box-american\">\n                                    <div class=\"input-group\">\n                                        <div class=\"input-group-addon\">$<\/div>\n                                        <input class=\"form-control bc-odds-american\" type=\"number\" step=\"1\">\n                                    <\/div>\n                                <\/div>\n                            <\/div>\n                        <\/div>\n\n                        <div class=\"form-group col-sm-12\">\n                            <label class=\"col-sm-4 control-label\">\n                                <i class=\"fa fa-info-circle bc-hint\" data-toggle=\"tooltip\" title=\"If another horse is withdrawn from the race after the bet is placed, a Rule 4 reduction will be applied to all bets.\"><\/i>\n                                Rule 4:\n                            <\/label>\n                            <div class=\"col-sm-8\">\n                                <select class=\"form-control bc-rule4\">\n                                    <option value=\"0\" selected><\/option>\n                                    <option value=\"5\">5p<\/option>\n                                    <option value=\"10\">10p<\/option>\n                                    <option value=\"15\">15p<\/option>\n                                    <option value=\"20\">20p<\/option>\n                                    <option value=\"25\">25p<\/option>\n                                    <option value=\"30\">30p<\/option>\n                                    <option value=\"35\">35p<\/option>\n                                    <option value=\"40\">40p<\/option>\n                                    <option value=\"45\">45p<\/option>\n                                    <option value=\"50\">50p<\/option>\n                                    <option value=\"55\">55p<\/option>\n                                    <option value=\"60\">60p<\/option>\n                                    <option value=\"65\">65p<\/option>\n                                    <option value=\"70\">70p<\/option>\n                                    <option value=\"75\">75p<\/option>\n                                    <option value=\"80\">80p<\/option>\n                                    <option value=\"85\">85p<\/option>\n                                    <option value=\"90\">90p<\/option>\n                                <\/select>\n                            <\/div>\n                        <\/div>\n\n                        <div class=\"form-group col-sm-12\">\n                            <label class=\"col-sm-4 control-label\">Result:<\/label>\n                            <div class=\"col-sm-8\">\n                                <select class=\"form-control bc-outcome\">\n                                    <option value=\"won\" selected>Won<\/option>\n                                    <option value=\"placed\">Placed<\/option>\n                                    <option value=\"deadheat\">Dead Heat<\/option>\n                                    <option value=\"lost\">Lost<\/option>\n                                    <option value=\"void\">Void<\/option>\n                                <\/select>\n                            <\/div>\n                        <\/div>\n                        <div class=\"form-inline bc-dh col-sm-8 col-sm-push-4\">\n                          <label>Tied position:\n                            <input type=\"number\" class=\"form-control bc-dh-pos\" step=\"1\">\n                          <\/label>\n                          <label>Places paid:\n                            <input type=\"number\" class=\"form-control bc-dh-places\" step=\"1\">\n                          <\/label>\n                          <label>Number of runners in dead heat:\n                            <input type=\"number\" class=\"form-control bc-dh-runners\" step=\"1\">\n                          <\/label>\n                        <\/div>\n\n                    <\/div>\n                    \n                    <div class=\"row\">\n                        <div class=\"col-sm-12 text-center\">\n                            <button class=\"btn bc-calculate\">Calculate<\/button>\n                        <\/div>\n                    <\/div>\n\n                    <div class=\"table-responsive\">\n                        <table class=\"table table-bordered bc-total-table\">\n                            <thead>\n                                <tr class=\"success\">\n                                    <th>Total Stake<\/th>\n                                    <th>Total Return<\/th>\n                                    <th>Total Profit<\/th>\n                                <\/tr>\n                            <\/thead>\n                            <tbody>\n                                <tr>\n                                    <td id=\"bc-total-stake\">&nbsp;<\/td>\n                                    <td id=\"bc-total-return\">&nbsp;<\/td>\n                                    <td id=\"bc-total-profit\">&nbsp;<\/td>\n                                <\/tr>\n                            <\/tbody>\n                        <\/table>\n                    <\/div>\n                <\/form>\n            <\/div>\n        <\/div>\n\n<p><span style=\"font-weight: 400;\">Each-way betting is one of the most popular forms of online betting across the betting market! Not only is it popular with horse race fanatics, but each-way bets are seen as some of the best bets to place on other sports, too, such as greyhound racing and golf! An each-way bet is actually two bets placed together, with one of the bets being on the selection to win and the other being on the selection to place. Here at<\/span><a href=\"https:\/\/www.oddsmonkey.com\/\"> <span style=\"font-weight: 400;\">OddsMonkey<\/span><\/a><span style=\"font-weight: 400;\">, we have created a Each-way Calculator to ensure that users know exactly how much they can be returned, how the odds affect their bet, and why using an Each-way betting calculator can be handy for any bettor!<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">What Is An Each-way Calculator?\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">When placing bets each-way, there are effectively two chances of the bet paying out from the same selection, with one of the bets having predominantly higher odds compared to the other bet placed. This is because one of the bets is for the selection to win, and the other is for the selection to place.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example, if we place an each-way bet on a horse race, we will actually place two bets with this horse to either win or finish in the place positions, which can change depending on how many horses are in the race. However, since there are two selections, this can make the maths confusing as there are different outcomes to how the race could end, meaning there are different amounts you could win or lose.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">OddsMonkey is home to plenty of other calculators that can be used across a wide range of different betting events, such as our<\/span><a href=\"https:\/\/www.oddsmonkey.com\/matched-betting\/calculator\/\"> <span style=\"font-weight: 400;\">matched betting calculator<\/span><\/a><span style=\"font-weight: 400;\"> and our<\/span><a href=\"https:\/\/www.oddsmonkey.com\/matched-betting\/calculators\/double-bet-calculator\/\"> <span style=\"font-weight: 400;\">double bet calculator<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">How To Use The Each-way Calculator<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In typical OddsMonkey fashion, our each-way calculator is extremely easy for anyone to use. All you need is your betting information, and you will be able to input the data into the calculator, and an instant result will appear!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">All users will need is the stake, the place terms, the odds, and whether the race was affected by the Rule 4 deduction. If players aren&#8217;t sure how the Rule 4 deduction might affect their odds, we also have a<\/span><a href=\"https:\/\/www.oddsmonkey.com\/matched-betting\/calculators\/rule-4-calculator\/\"> <span style=\"font-weight: 400;\">Rule 4 Calculator<\/span><\/a><span style=\"font-weight: 400;\"> available on site! When you have all of this information, enter it into the calculator to receive all of the relevant details, such as the total stake, the total return and the total profit.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Who Can Use The Each-way Calculator?\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The each-way calculator is available for all users on the OddsMonkey site, similar to our other calculators and our<\/span><a href=\"https:\/\/www.oddsmonkey.com\/blog\/\"> <span style=\"font-weight: 400;\">matched betting blog<\/span><\/a><span style=\"font-weight: 400;\">, which are available to any bettors. However, each-way bets are only available for sports where competitors can place, meaning golf, and especially horse racing, are the target market for the each-way calculator. Players wanting to learn more about horse racing betting should check out OddsMonkey&#8217;s own<\/span><a href=\"https:\/\/www.oddsmonkey.com\/blog\/sports-betting-guides\/horse-racing-betting-guide\/\"> <span style=\"font-weight: 400;\">horse racing betting guide<\/span><\/a><span style=\"font-weight: 400;\"> on-site.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Why Use An Each-way Calculator?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">As previously stated, each-way bets consist of two different bets, which means working out how much profit you get from one of them can be tricky. The each-way calculator ensures that bettors understand exactly how much profit they will make from different outcomes and exactly how much they are risking.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">One important aspect of each-way betting is that whatever stake you place will be doubled automatically as you are actually placing two bets. This is shown and reflected in the OddsMonkey calculator, meaning players can see what they are risking every time they place an each-way bet.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Finally, the calculator is useful for anyone planning to place bets each-way, as players are able to change the stake, odds and the result. This means bettors are able to check how the odds affect the bet, how different stakes would be awarded if successful and what would happen after different results. If players are still unsure of how exactly an each-way bet works, make sure to check out the blog for our<\/span><a href=\"https:\/\/www.oddsmonkey.com\/blog\/matched-betting\/each-way-betting-work\/\"> <span style=\"font-weight: 400;\">each-way betting<\/span><\/a><span style=\"font-weight: 400;\"> explanation.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Use The Each-way Calculator At OddsMonkey\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The each-way calculator at OddsMonkey is a perfect example of what OddsMonkey has to offer, with a wide range of calculators available that not only let you test out different outcomes but will enhance your betting experience. For example, if you are a player who enjoys placing multiple selections, make sure to use our<\/span><a href=\"https:\/\/www.oddsmonkey.com\/matched-betting\/calculators\/accumulator-betting-calculator\/\"> <span style=\"font-weight: 400;\">accumulator betting calculator<\/span><\/a><span style=\"font-weight: 400;\"> in your next wager. The each-way betting calculator is available to use in future sports betting wagers right now!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">OddsMonkey is the best place to learn about matched betting, with our extensive range of tools being incredibly useful to new and experienced matched bettors! Make sure to check out all of our matched betting guides, such as our<\/span><a href=\"https:\/\/www.oddsmonkey.com\/blog\/matched-betting\/football-matched-betting-guide\/\"> <span style=\"font-weight: 400;\">football-matched betting guide<\/span><\/a><span style=\"font-weight: 400;\">, to find out how you can implement this betting strategy in your future stakes!<\/span><\/p>\n","protected":false},"template":"","acf":[],"_links":{"self":[{"href":"https:\/\/www.oddsmonkey.com\/matched-betting\/wp-json\/wp\/v2\/calculators\/704"}],"collection":[{"href":"https:\/\/www.oddsmonkey.com\/matched-betting\/wp-json\/wp\/v2\/calculators"}],"about":[{"href":"https:\/\/www.oddsmonkey.com\/matched-betting\/wp-json\/wp\/v2\/types\/calculators"}],"wp:attachment":[{"href":"https:\/\/www.oddsmonkey.com\/matched-betting\/wp-json\/wp\/v2\/media?parent=704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}