How the stake is split
With a €5 each-way unit stake, the total stake is €10: €5 on the win part and €5 on the place part. The place odds are usually a stated fraction of the win odds, according to the market's terms.
This example explains the structure only. It is not an offer or a market quote. Always use the actual place fraction and number of places shown for the race.
Worked return example
Suppose the win price is 8/1 and the place fraction is one quarter. The place price is 2/1. If the horse places but does not win, the €5 place part returns €15 including that €5 stake; the €5 win part loses. The total return is €15 and the net result against a €10 total stake is €5 profit.
If the horse wins, both parts may qualify, producing a larger return. The exact settlement still depends on the displayed terms.
Use the calculator
Enter the unit stake, win odds, place fraction and place count into the each-way calculator. Check whether its displayed output includes stake and compare that with the worked method.
The racecard and horse-racing guides link to the broader event and bet context.
Your next step