Each-Way Dutching Calculator

Calculate Each-Way Dutching Stakes

What Is Each-Way Dutching?

Each-way dutching extends the standard dutching concept to each-way bets. In an each-way bet, half your stake goes on the selection to win and half goes on the selection to place (finish in one of the designated placing positions).

With each-way dutching, you distribute your total stake across multiple selections so that:

• If any selection wins, you make a consistent profit
• If any selection places (but doesn't win), you also make a profit (or at least minimize losses)
• The profit is balanced across all possible outcomes

This is particularly powerful in horse racing, golf tournaments, and other sports with large fields and each-way betting markets.

How Each-Way Terms Work

Each-way terms vary by sport and bookmaker:

Always check the specific each-way terms with your bookmaker before placing bets, as they can vary significantly.

How to Use This Calculator

1. Set the each-way terms — select the number of places and the place odds fraction based on your bookmaker's terms
2. Enter your total stake — this is the total amount you want to distribute across all selections (note: each-way bets cost 2x the stake per selection)
3. Add your selections — enter the name and decimal odds for each selection you want to dutch
4. Review the results — the calculator shows how much to bet (win + place) on each selection and the expected profit for each outcome

Important: The total stake you enter is split between the win and place portions. For example, a 100 EUR total stake with 3 selections means approximately 33.33 EUR per selection (16.67 EUR win + 16.67 EUR place per selection).

Each-Way Dutching Strategy Tips

• Focus on races with 8-12 runners — this is the sweet spot where each-way terms are generous (3 places at 1/5 odds) but the field isn't so large that the place probability is diluted
• Look for each-way value — if a horse has a genuine chance of winning but the win odds are inflated, each-way dutching can capture value from both the win and place markets
• Check for enhanced each-way terms — some bookmakers offer extra places (e.g., 4 places instead of 3) on big races. This significantly increases your place probability
• Factor in commission on exchanges — if using Betfair or another exchange, account for the 2-5% commission on winnings
• Don't dutch too many selections — including 5+ selections in an each-way dutch often means the place returns are too low to be profitable. Stick to 2-4 selections for best results

Each-Way Dutching Example

Imagine a horse race with 10 runners. You identify 3 horses with strong chances:

With each-way terms of 3 places at 1/5 odds and a total stake of 60 EUR:

The calculator distributes your stake so that:

• If Horse A wins: profit from win bet + loss on place bets of B and C = net profit
• If Horse A places (2nd/3rd): profit from place bet - loss on win bet of A - loss on B and C = smaller net profit
• Same logic applies if Horse B or Horse C wins or places

Enter these odds into the calculator above to see the exact stake distribution.