Extra places in horse racing enhance each-way bets by increasing the number of positions that qualify for payouts. Bookmakers offer this promotion to attract bettors to competitive races with large fields.
Is horse racing extra places your best betting promotion? Punters who follow our outsider horse racing tips and dark horse betting tips love the extra place offers from the top-rated bookmakers online.
Each of the bookies provide extra place offers today and its important to use comparison websites to see which bookmaker are offering the highest amount of places available.
Extra place offers provide exceptional value for bettors targeting longer odds, particularly in major racing events. This guide explains how extra places work, their benefits, strategies for finding the best offers, and how to maximise profits.
The Sports Betting Tipsters team love to capitalise on Extra Places promotions to mitigate risk and enhance our chances of winning.
Contents
- Top Bookmakers Offering Extra Places
- What Are Extra Places in Horse Racing?
- How Do Extra Places Work?
- Benefits of Extra Place Betting
- Do Extra Places Void Best Odds Guaranteed?
- How to Find the Best Extra Place Offers
- Strategies to Maximise Extra Place Offers
- Real Examples Where Extra Places Delivered Big Value
- Each Way Edge and Each Way Extra: Control Your Risk
- Betting Strategies for Experienced Punters
- Side-by-Side Comparison of Extra Place Bookmakers
- FAQs About Extra Places
- Conclusion
Top Bookmakers Offering Extra Places
Here is an overview of bookmakers known for providing regular extra place offers:
Bet365 Extra Places
Bet365 frequently offers extra places on major UK and Irish races, including Cheltenham, Ascot, and Aintree. Payout fractions and positions are clearly stated on eligible races.
Bet365 is one of the best horse racing betting sites because bet365’s Extra Places offer gives punters added value on each way bets, increasing chances of a payout when horses place beyond the standard terms.
Join bet365.com through our welcome bonus to place each way bets and claim a free bet as part of the sign up offer.
In some horse races, bet365 will offer 1st, 2nd, 3rd, 4th, 5th, 6th and 7th when its a large handicap race and another option is their each way extra bet promotion.
Paddy Power Extra Places
Paddy Power specialises in competitive markets, offering extra place promotions on high-profile races. Bettors can find consistent value, especially during festivals.
Paddy Power is one of the top horse racing betting sites because their Extra Places promotion gives punters more chances to win on each way bets by paying out on additional places beyond the standard terms.
Sign up to paddypower.com using our welcome bonus to bet each way and receive a free bet as part of the sign up offer.
William Hill Extra Places
William Hill provides extensive coverage of extra places on large-field races. The bookmaker often leads with additional positions on Saturdays and major events.
William Hill is one of the leading horse racing betting sites because their Extra Places offer gives punters greater value on each way bets by paying out on more places than usual.
Sign up to williamhill.com with our welcome bonus to place each way bets and unlock a free bet as part of the sign up offer.
Betfair Extra Places
Betfair offers dynamic promotions for extra places, focusing on major festivals. The betting exchange also allows unique opportunities for trading extra place markets.
Betfair stands out as a top horse racing betting site because their Extra Places promotion boosts each way bet value by offering payouts on more places than standard terms allow.
Join betfair.com through our welcome bonus to place each way bets and claim a free bet as part of the sign up offer.
Coral Extra Places
Coral excels in providing extra places across daily racing events. This includes midweek meetings and marquee festivals with strong field sizes.
Coral is one of the best horse racing betting sites because their Extra Places offer enhances each way bets by paying out on additional places beyond the standard terms.
Sign up to coral.co.uk using our welcome bonus to place each way bets and get a free bet as part of the sign up offer.
When searching for corals extra places today then you will realise how great the coral.com each way offers are for online horse racing punters.
Betfred Extra Places
The Betfred extra places horse racing promotion is a sought after bonus that punters love when following the each way betting tips.
Betfred is a top choice for horse racing betting because their Extra Places offer gives punters better each way value by paying out on more places than the usual terms.
Join betfred.com through our welcome bonus to place each way bets and receive a free bet as part of the sign up offer.
Ladbrokes Extra Places
The Ladbrokes Extra Places betting offer is great because some races EW punters can be paid for finishing 4th, 5th, 6th, 7th or even 8th.
Ladbrokes is one of the leading horse racing betting sites because their Extra Places offer boosts each way bet value by paying out on additional places beyond standard terms.
Sign up to ladbrokes.com using our welcome bonus to place each way bets and claim a free bet as part of the sign up offer.
Some search for “ladbrokes extra places today near me” and Ladbrokes.com have the extra placed offers for online horse racing bettors.
Boylesports Extra Places
BoyleSports is a top horse racing betting site because their Extra Places promotion increases the value of each way bets by paying out on more places than the standard terms.
Sign up to boylesports.com through our welcome bonus to bet each way and unlock a free bet as part of the sign up offer.
Unibet Extra Places
Unibet is a strong option for horse racing betting because their Extra Places offer boosts each way value by paying out on more places than standard terms.
Sign up to unibet.co.uk using our welcome bonus to place each way bets and receive a free bet as part of the sign up offer.
What Are Extra Places in Horse Racing?
Extra places extend payouts on each-way bets to cover additional finishing positions. Instead of paying for the top three places, a bookmaker may pay out for the top four, five, or more.
The number of additional places offered depends on factors like race size and bookmaker promotions. Popular races with large fields, such as the Grand National or Cheltenham Festival, are common opportunities for extra place offers.
How Do Extra Places Work?
Extra places apply to each-way bets, where the stake is split between a win and place portion. If the horse finishes in one of the extra positions, the place part of the bet pays out.
For example:
- A standard race might offer payouts for the top three positions.
- An extra place offer extends this to four places.
- If your horse finishes fourth, you win the place portion of the bet.
- The odds for the place payout are typically a fraction (e.g., 1/5 or 1/4) of the original odds.
Benefits of Extra Place Betting
Extra places provide tangible advantages for bettors aiming to maximise returns with minimal additional risk.
- Increased Winning Potential: Extra places boost the likelihood of securing a payout on each-way bets.
- Target Longer Odds: Bettors can confidently back higher-priced horses with improved chances of landing a profit.
- Enhanced Value: Promotions on popular events provide added value without extra costs.
- Better for Large-Field Races: Extra places add significant returns when betting on competitive races with 16+ runners.
Do Extra Places Void Best Odds Guaranteed?
Bookmakers like Sky Bet, Paddy Power, and Betfair do not apply Best Odds Guaranteed (BOG) to races where extra places are offered. This is rarely made obvious, but it directly affects value.
Always check the small print and be sure to read the individual bookmaker T&Cs, as stipulations vary.
If you’re taking enhanced place terms, you may be trading off the safety net of BOG. Savvy punters weigh up whether they prefer extra place coverage or the security of higher odds if the SP drifts.
How to Find the Best Extra Place Offers
Extra place promotions vary by bookmaker and race, making it essential to identify the most valuable offers. Below are key strategies to find and assess the best deals.
Check Race Fields
Extra places are most common in large-field races with 12+ runners. Focus on competitive events like the Grand National or Royal Ascot.
Compare Bookmakers
Top bookmakers, such as Bet365, Paddy Power, and William Hill, frequently offer additional places during major racing festivals. Use comparison tools to identify the best offers.
Understand Terms
Pay attention to payout fractions, which may differ by bookmaker. Offers with 1/4 odds provide higher returns than those with 1/5 odds.
Target Early Prices
Placing each-way bets early can secure better odds before market movements, particularly when extra places are announced in advance.
Focus on Value Bets
Look for horses at longer odds that present excellent value with additional places. Small stakes on these bets can result in substantial payouts.
Strategies to Maximise Extra Place Offers
To maximise profits from extra place offers, apply these strategic tips:
- Target Large-Field Races: Races with 16+ runners provide greater value due to competitive odds and more finishing positions.
- Focus on Festivals: Major events like Cheltenham, Aintree, and Royal Ascot attract generous extra place promotions.
- Assess Place Odds: Compare place fractions across bookmakers to identify the most rewarding payouts.
- Avoid Over-Betting: Stick to value selections rather than spreading bets across multiple runners unnecessarily.
Real Examples Where Extra Places Delivered Big Value
At the 2023 Cesarewitch, Paddy Power paid seven places on a 31-runner field. While win odds were tighter than on-course prices, the place terms created an under-round market. The place book came in at just 90%, meaning punters backing long shots at 1/5 odds for a top-7 finish had an edge.
Similar promotions were seen at the 2024 Grand National, where Bet365 and William Hill paid six places. These offers can be the difference between losing bets and profitable returns, especially for value-based bettors.
Why Extra Places Don’t Always Mean Better Odds
Bookmakers offering extra places often shorten the win odds to protect their margins. This is known as price compression. It means you’re getting more place coverage, but often at the cost of true win value.
Sky Bet, for example, is known for offering six or even seven places in big-field handicaps. But those win odds can be far more defensive than competitors. Don’t be blinded by the number of places. Always balance win price vs place terms.
Each Way Edge and Each Way Extra: Control Your Risk
Bet365 offers Each Way Extra, letting you add or reduce place terms on selected races. Adding places reduces odds slightly. Reducing places boosts your return if the horse places higher. You control the terms.
Betfair’s Each Way Edge does the same. These features are powerful tools for punters who want to balance risk vs reward on their own terms.
Betting Strategies for Experienced Punters
- Prioritise under-round place books. If total place percentages are <100%, you have edge.
- Compare effective odds. Don’t just look at number of places. Use implied probabilities to assess value.
- Back drifters with BOG where possible. Particularly when avoiding extra place races.
- Use multiple accounts. Spread activity to avoid restrictions from any one bookmaker.
Side-by-Side Comparison of Extra Place Bookmakers
| Bookmaker | Typical Extra Places | BOG Included? | Each Way Customisation | Best For |
|---|---|---|---|---|
| Bet365 | 4–7 | No (on EW Extra) | Yes (Each Way Extra) | Flexible EW terms, major festivals |
| Paddy Power | 4–6 | Only if opted in | No | Big-field races, festival punters |
| Sky Bet | 5–7 (most frequent) | No | No | Volume of places, daily races |
| Betfair (SBK) | 4–6 | No | Yes (Each Way Edge) | Sharp bettors using exchanges too |
| William Hill | 4–6 | Yes (select races) | No | Reliable BOG + decent place offers |
| Betfred | 4–5 | Yes (after 8am) | No | Multiples + casual bettors |
| Coral | 4–5 | Yes | No | Midweek races + standard EW bets |
| Ladbrokes | 4–6 | Yes | No | Big handicaps, price boosts |
| Unibet | 4–5 | No | No | Occasional EW value, smaller stakes |
| BoyleSports | 4–6 | Yes (from 8am) | No | Morning punters, each way multiples |
FAQs About Extra Places
How do extra places differ from standard each-way bets?
Extra places extend the finishing positions that qualify for payouts in each-way bets, increasing winning potential.
What races are most likely to have extra place offers?
Extra place promotions are common in large-field races, such as those during Cheltenham, Royal Ascot, or the Grand National.
Can I combine extra place bets in accumulators?
Yes, many bookmakers allow extra place offers to apply in accumulators, though terms may vary.
Do all bookmakers offer extra places?
Not all bookmakers offer extra places, but leading brands like Bet365, Paddy Power, and Coral consistently provide them during major events.
Conclusion
Extra places offer significant value for horse racing bettors, particularly in competitive, large-field races.
By targeting the best promotions, focusing on high-profile events, and assessing place odds, bettors can maximise profits while reducing risk. Bookmakers like Bet365, Paddy Power, and William Hill lead the market, providing ample opportunities to benefit from extra place betting.
