What you need
- A bookmaker paying extra places on today's race (the daily list shows them).
- An exchange with a place market on that race.
- Enough money for the each-way stake plus two lay liabilities.
- 18 or over.
A worked example
Newbury 15:15, 16 runners. The bookmaker pays 5 places; the exchange's place market pays 3. Back £5 each-way at 12.0, lay the win at 13.0 and the place at 5.0. Your horse finishes 4th: the bookmaker pays the place, and your place lay wins too.
Example odds. Most runs finish outside the extra place and cost the small qualifying loss.
Step by step
- Pick a race from today's list.
- Find a horse with close back and lay prices on both the win and the place market.
- Work out both lays with the Extra place calculator.
- Place the each-way back, then both lays, before the off.
- After the race, the result settles both sides. You don't need to do anything.
Mistakes that cost money
- Laying the win only. You need the place lay too.
- An each-way term (1/4 or 1/5) different from the one in the calculator.
- A non-runner that changes the place terms. Check before the off.
Get the Extra Places alerts.
A free account gets today's extra-place races and the calculator. Pro adds the live matcher and the alert the moment a race qualifies.
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18+. Matched betting carries risk if a step is missed, and results vary. We sell alerts and tools, not profits. Safer gambling · GambleAware.org · National Gambling Helpline 0808 8020 133