The payout for a £1 each-way bet on a 15/2 selection depends on the number of runners in the race, as you will either be paid at 1/4 the odds or 1/5 the win odds for the place part of your each-way bet.
We provide the exact payout amounts if you are looking to Calculate Each Way Bet on wagering a £1 EW bet on a 15-2 chance.
Contents
£1 each way at 15/2 a quarter the odds
A £1 each way at 15/2 on a winner with 1/4 the odds pays out a total of £11.38.
A £1 each way at 15/2 on a placed selection with 1/4 the odds pays out a total of £2.88.
£1 each way at 15/2 a fifth the odds
A £1 each way at 15/2 on a winner with 1/5 the odds pays out a total of £11.00.
A £1 each way at 15/2 on a placed selection with 1/5 the odds pays out a total of £2.50.
Each Way Betting Calculator
Here is an each-way betting calculator that can work out your £1 each way bets at 15-2 betting odds.
Betting Advice on Each Way Bets
Here are some practical tips for wagering E/W bets on horse racing:
- Always look to wager bets with bookmakers paying extra places
- Compare the bookies and choose the betting site with the highest odds
- Use an each way betting calculator for acca bets
All Winning Payouts
Here is the full list of horse racing winning payout amounts:
[a-z category=”Payouts” design=”cards” columns=”4″]
Summary
The total sum winnings do not include any potential rule 4 deductions – so need to be taken into account.
But the £1 each way payouts for a 15-2 winner or 15-2 placed selection is correct if there is zero rule 4 deduction.
