Extra places in horse racing? (related to matched betting)
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When it comes to horse racing, a few things can affect a race's outcome. One of those things is the number of horses running in the race. The more horses in the race, the more places there are up for grabs and the more chance there is of picking a winner.
However, when it comes to running in a race can have a different effect. This is because bookmakers often offer extra places on races with many runners regarding matched betting.
What is a horse racing extra place offer in Matched Betting?
Horse racing extra place offers are a type of promotion offered by bookmakers in which they agree. The additional places beyond the standard number of places for a particular horse race.
For example, if the standard number of places for a horse race is four, an extra place offer would mean that the bookmaker would pay out on five places instead, which can affect lay bets. This can greatly boost your profits when matched betting on horse races and impact the lay bet!
To take advantage of an extra place offer, check the promotions pages of the bookmakers you are Betting with to see if they offer any extra place races to lay bet. Then, follow the usual matched betting process to lock in a profit. Remember to factor in the reduced odds when placing your lay bet!
Horse racing extra place offers are a great way to boost your profits from horse racing matched betting. Keep an eye out for these offers from your bookmakers, and get ready to profit!
Basics behind Matched Betting extra place offers
If you're relatively new to matched betting, you've probably heard about someone doing what they have been dubbed "other places". Extra Places are very profitable types of matched betting reload offers that you can learn. We use them almost always, and they are very attractive to me too. So, what exactly are Extra Place offer? And what's the best way to take advantage of them?
Extra Place offers are simply bets bookmakers offer where you can get paid out if your horse finishes in an extra place. For example, if you bet on a horse to win and it finishes 2nd, you will get paid as if it was the winner. With an Extra Place offer, you would get your stake back plus an additional amount (whatever the odds were to win).
This is good news because it's also accessible to every customer. Even if bookmakers gub you, you can usually earn money by matching the extra space offer.
To take advantage of these offers, you need to find a horse running in a race where an Extra Place offer is available. It would help if you then placed a bet on that horse. Once the race ends, if your horse finishes in the extra place, you will get your stake back plus the additional amount because of your lay bet.
It's important to note that not all races have Extra Place offers available. Bookmakers will only offer to lay bets on certain races that they think are more likely to produce an extra place matched betting or an extra place finish.
The key to making money from Extra Place offers is finding a horse with a good chance of finishing in the extra place. This can be done using various resources, such as race cards, form guides, betting exchanges and expert tips. But the best way to finding a horse is with the Profit Accumulator Extra Places Catcher. This software dramatically reduces the time to find a profitable match and therefor in the long run makes you more money! Time is money.
Once you have found a horse you think has a good chance of finishing in the extra place, you need to place your bet. You can do this online or over the phone and avail of betting exchange options.
Once the race ends, if your horse finishes in the extra place, you will get your stake back plus the additional amount. This can then be used to place another bet, betting exchange or even withdrawn from your account.
Extra Place offers are a great way to make money from matched betting. They are easy to take advantage of and can be very profitable. If you want to learn more about making money from Extra Place offers then you can sign up to Profit Accumulator.
Basic skills needed for Matched Betting extra place offers
If you're new to matched betting, or even a seasoned pro, taking advantage of extra place offers can be a great way to boost your profits. But it's not always as simple as it sounds. This article will look at some of the basic skills you'll need to make the most of these offers and ways to leverage the betting exchange for an easy way to bet in the place market.
First and foremost, you'll need to know how to place bets on betting exchanges and traditional bookmakers' websites. Placing a bet on an exchange is slightly different from placing a bet with a bookmaker, and the extra place matched betting. You must understand the difference before trying to take advantage of an offer and matched betting extra places.
Once you've sorted that, you'll need to know how to calculate your potential profits from a betting exchange offer. This can be tricky, as there are often a lot of different variables to consider in the betting exchange. But with a bit of practice in each bet, you'll be able to do it easily and understand how the place market works.
Finally, you'll need to know how to manage your money effectively when taking advantage of each bet and extra place offers. This is important as these offers can often be volatile, just like the place market, and you don't want to end up in a situation where you're out of pocket because of a few horse racing extra places.
By following these simple tips, you'll be well on making the most of extra place offers and boosting your matched betting profits in big horse racing festivals.
Profit Accumulator have video tutorials and a forum to help you with all of your extra place questions.
Why Matched Betting is the best side hustle
There are many reasons why matched betting is the best side hustle. For one, it is a very passive income stream. You can set up your bets and then let them run without having to do anything else. This means that you can make money while you sleep!
Another reason matched betting is so great is its extremely low risk. Unlike other side hustles where you might invest money upfront, with matched betting, you are only ever risking the amount of money you put into your account. This means you can start small and gradually increase your earnings as you become more confident.
Finally, matched betting is a great way to boost your main income. It can provide extra cash to help pay off debts, save for a rainy day, or go on a special holiday. Whatever you choose to do with your extra cash, matched betting is a great way to earn it.
Don’t just take our word for it though. Read some of the testimonials from some of the members.
What are places?
Places are a bet that allows you to cover more than your horse just finishing 1st in a particular race and challenge the implied odds. If you choose a place bet, your stake is doubled, meaning you stand to win more if your horse comes in first place. Half your stake goes on your selection finishing 1st and the other half goes on the place market usually the top 3/4. This makes place bets popular for those looking to take a less riskier bet and win the market.
To choose a place bet, click the small checkbox labelled "E/w" when placing your bet. Doing so will increase your stake and your implied odds of winning. So if you're feeling lucky, a place bet might be the way to go!
What are other places?
As we've discussed, bookmakers pay a standard place for a horse race with 4 participants. Below are some standard bookmaker spots, along with some of the same odds provided by the bookmakers.
Runner standard places place terms:
1-4 runner n/A
7-10 runners 2 Places 1/48+ runners Three Places
1-5 16 plus runner Handicap 3 Place 1 1/4 In some races, if bookmarking is selected, the number of points increases as the race progresses. However, in other cases, such as the Grand National, the number of places offered by bookmakers can drop to just two or three. Check the terms and conditions of your bookmaker before placing any bets.
Arbing the place market
Arbing, or arbitrage betting, is a technique that allows you to profit from mismatched odds between different bookmakers.
To do this, you place bets on all possible outcomes of an event with different bookmakers, ensuring that you will make a profit regardless of the outcome.
The place market is great as many bookmakers offer different odds on the same runners.
For example, suppose Bookmaker A offers odds of 5/1 on a horse to finish in the top 3 and Bookmaker B offers odds of 6/1. In that case, you can place a bet with each bookmaker and be guaranteed to make a profit no matter where the horse finishes.
To find the best arbs, you can use Profit Accumulator Oddsmatcher Software which will show you the best odds for each runner from all the different bookmakers. Once you have found an arb, place your bets with the different bookmakers or exchange and then sit back and wait for the race to finish. Remember, regardless of where the horse finishes, you will make a profit!
A word of warning! Bookies don’t like you taking arbs as they see you taking value. Don’t do arbs on a healthy account. Only do them when you are gubbed from the bookie!
Extra place matching betting calculator – extra place calculator
This can confuse a lot of novices: the location part? We are going to reveal everything here.
When you place an Each Way bet, your stake is two bets – one for your selected horse to Win and one for it to be placed. The place part of the bet is usually 1/5 or 1/4 of the odds of your horse winning, depending on how many horses are running. So, if you have a horse at odds of 10/1 and there are 16 runners, the place part of your Each Way bet would be 2/1 (10 ÷ 5).
If your horse finishes in the top four, you will win both parts of your bet – the Win and the Place. However, if your horse finishes outside the top four, you will only win the Place part of your bet.
The Extra Place Catcher will tell you how much profit or loss you will make from an Each Way bet, taking into account the Win and Place parts of the bet and the Extra Place offers.
Enter the odds of your horse (in decimal format), the number of runners and whether the Extra Place offer is 1/5 or 1/4 odds, and the calculator will do the rest!
QL = Qualifying Loss. You will lose this amount if your horse finishes outside the extra place.
Tell me the best way to profit from extra place offers?
The answer to this question may seem quite simple initially, but it's quite complex. To make money from Extra Place Offers, you must take advantage of the differences in 'place' classification between bookmakers in their trading system and the bet exchanges. This can be a very profitable method, but it does require a bit of knowledge and understanding to be successful.
Extra Place Offers are a great way to make money, but you need to know how bookmakers classify them and place payout. Some bookmakers will offer more places than others, and this is where you can make your profit by hitting the extra place. By taking advantage of the differences in classification, you can ensure that you get the best possible odds for your bets. Hitting the extra place can be a very effective way to make money, but it does require it. Skill, knowledge and understanding to be successful and to back odds.
Non-runners in extra place races
When a non-runner is present in an extra place race, it can often be difficult for bookmakers to reduce or cancel the number of places available. This is because there is usually a rule at the top of offers which states that a minimum of 12 runners are required for the offer to be valid. However, checking one horse for a single race in an entire field is always best and ensures your total stake.
If your plan is always to be the best at betting on an extra place race, then you should make checking for non-runners part in place markets of your daily routine to win bet in place lay. Always check your betting site before placing a bet to ensure you get the win odds.
Place an all way bet with a bookmaker and lay off at an exchange!
If you're looking for a way to make money online from horse racing, betting on extra place races could be the answer. Here's how it works...
First, you must find a bookmaker offering extra places on a race-to-place lay. This could be anything from two to six places, depending on the race and the number of runners.
Once you've found a suitable race, you must place an all-way bet with the bookmaker. This means your stake will be divided equally between the number of offered places. So, if you're betting £10 and four places are being offered, your stake will be divided into four £2.50 bets.
It would help to find a suitable exchange to lay off your bet. This is where you effectively bet against yourself by placing a bet that the horse you've backed will not finish in one of the extra places.
The amount you need to lay off will depend on the odds of the horse and the number of places the bookmaker offers in the place markets. However, as long as the odds are close enough, you should be able to make a profit no matter which horse finishes in the extra place.
So, there you have it - matched betting on extra place races can be a great way to make money from horse racing. Make sure you research and find the best deals before placing your back bet. Good luck!
Targeting the extra place
The first and most common extra place strategy is targeting additional places. This strategy involves earning more points (known as positive EVs) to target extra places.
For example, if you earn 400 points using this technique, you are more likely to target an extra place. However, this method has the lowest strike rate or a minimum number for each additional place.
Despite this, it is still the easiest and fastest way to complete the task and can be very effective if used correctly.
Return to each way extra places matching betting
In short, you take the number of places your bookmaker offers and subtract 1 from it. This will give you the number of selections that can finish 2nd, 3rd etc. and still give you a return.
For example, if your bookmaker offers 4 places, your selection can finish 2nd, 3rd or 4th, and you will still get a return.
If your selection finishes outside the offered places, this will be a losing bet.
Conclusion
Extra place races can be a great way to make money from horse racing, but only if you do your research and find the best deals before placing your bets. Make sure you check for non-runners, and always lay off your bet at an exchange to ensure you're getting the best possible odds. Good luck!
FAQs
How do extra places work on matched betting?
Matched betting is a technique used to profit from free bets. Bookmakers offer bookmakers a bet on an event and then use a free bet or bonus to place a second bet on the same event. If the first bet wins, the second bet is covered, and the player keeps the winnings. If the first bet loses, the second bet is covered, and the player only loses their original stake.
Extra places can be extremely profitable for matched bettors, as they provide a way to win even when the odds are stacked against them. However, it is important to remember that bookmakers often limit the number of extra places they offer, so it is always worth checking the terms and conditions before placing a bet.
Is extra place match betting worth it?
Extra place match betting is worth it if you know how to take advantage of it. It provides a great way to win even when the odds are against you and can help you to boost your profits from matched betting. However, it is important to remember that bookmakers often limit the number of extra places they offer, so it is always worth checking the terms and conditions before placing a bet.
What is extra place horse racing?
Extra place horse racing is a type of horse race where the player can receive a payout if their horse finishes in any of the top positions. Bookmakers usually offer this as an additional way to profit from matched betting. For example, suppose a bookmaker offers four extra places on a horse race with ten runners. The player will receive a payout if their horse finishes in the top four positions.