Betting calculator
Each-Way Extra Places Calculator
Use this each-way extra places calculator to compare a standard each-way bet with an extra places offer.
Enter the each-way terms
Compare the result under normal place terms and enhanced extra place terms.
Finishing 4th would lose under standard 3-place terms, but would return £6.00 profit under a 5-place offer.
What are extra places?
Extra places are enhanced each-way terms where a bookmaker pays more places than the standard market. They are common in horse racing, golf and large-field outright markets.
For example, a race may normally pay three places, but a bookmaker might offer five places. If your selection finishes fourth, the standard each-way bet would lose, but the extra places offer may pay the place part.
How the calculation works
Total stake = each-way stake × 2
Place odds = 1 + ((win odds − 1) × place fraction)
Place-only profit = place return − total stake
Extra places example
Suppose you place £10 each-way at odds of 9.00 with 1/5 place terms. Standard terms pay three places, but the bookmaker offers five places.
| Finishing position | Standard 3 places | Extra 5 places |
|---|---|---|
| 1st | Win and place paid | Win and place paid |
| 2nd or 3rd | Place paid | Place paid |
| 4th or 5th | Loses | Place paid |
| 6th or worse | Loses | Loses |