When it comes to betting on horse racing, extra places is a concept in which punters must be aware of. Extra places is a promotion delivered by an increasing number of online bookmakers, with such sites paying out on runners and riders finishing in the top five or six places, rather than those finishing in positions 1-4 as normal

Bettors are therefore in a position to make a profit where they would usually miss out, however it is important that the different terms and conditions surrounding extra place offers are understood beforehand. This page will take a detailed look at this form of promotion, including which bookies are paying 5 places and the best each way bets for Cheltenham this year. Let’s get things underway by looking at how extra places and each way betting works in full.

Best Extra Places Offers For 2021 Cheltenham Festival (UPD: 17/03/21)

Unibet Extra Places Cheltenham
Unibet Cheltenham 2021 Extra Places

Cheltenham 2021 Day 4 Extra Places

  • 13.55 County Hurdle (6 Places)
  • 15.40 Foxhunters Chase (5 Places)
  • 16:15 Martin Pipe Handicap Hurdle (5 Places)

In order to qualify for 5 places at 1/5 odds then 16 or more runners must start. In order to qualify for 4 places at 1/5 odds 12 or more runners must start. 4) If 11 runners or less start than normal each way places apply. 18+ T&Cs apply

Coral Cheltenham 2021 Extra Places
Coral - Cheltenham 2021 Extra Places

18+, UK & IRE Only. Extra places paid at 1/5 odds. Minimum runner stipulations apply. Full T&Cs apply.

Cheltenham 2021 Extra Places

Day 4:

  • 13:55 Cheltenham - 6 places at 1/5 (enhanced from 4 places at 1/4). Min 20 horses must run.
  • 14:30 Cheltenham - 4 places at 1/5 (enhanced from 3 places at 1/5). Min 12 horses must run.
  • 15:05 Cheltenham - 4 places at 1/5 (enhanced from 3 places at 1/5). Min 11 horses must run.
  • 15:40 Cheltenham - 4 places at 1/5 (enhanced from 3 places at 1/5). Min 12 horses must run.
  • 16:15 Cheltenham - 5 places at 1/5 (enhanced from 4 places at 1/4). Min 16 horses must run.

PLUS BET £5 GET 20 FOR NEW CUSTOMERS

Welcome Offer T&Cs: 18+. UK&IRE only. Online & Phone. Paypal & some deposit & bet types excl. Min first £5 bet within 14 days of account reg at min odds 1/2 = 4x £5 free bets, valid for 7 days, stake not returned. No cashout, restrictions apply. Double Winnings applies to the first real money single bet of £1+ win or each-way from 8am 27/02 on the 1.20 Cheltenham each day. Max £25. Stake restrictions may apply. T&Cs Apply.

William Hill Extra Places
William Hill Extra Places on Horse Racing

18+.Play Safe. Minimum runners will apply for enhanced place terms. Enhanced each way terms at 1/5 odds unless otherwise stated. Full T&Cs apply

Cheltenham 2021 Day 4 Extra Places

  • 13:55 Cheltenham - 5 places at 1/5
  • 14:30 Cheltenham - 4 places at 1/5
  • 15:05 Cheltenham - 4 places at 1/5
  • 15:40 Cheltenham - 4 places at 1/5
  • 16:15 Cheltenham - 5 places at 1/5

William Hill pays extra places on several high-profile races each month, including top Cheltenham Festival Races. Sometimes William Hill will double the number of places on offer. So, look out for banners on the William Hill site informing you which races are eligible for the promotion! begambleaware.org

BoyleSports Extra Places
BoyleSports Extra Places - 4 & 5 Places On Selected Cheltenham Races
BoyleSports is paying 4 and 5 places at 1/5 odds in selected races. 12 or 16 must run. Full T&Cs apply.

Cheltenham Day 4 Extra Places:

  • 13:55 County Handicap Hurdle - 5 places at 1/5
  • 14:30 Albert Bartlett Novices' Hurdle - 4 places at 1/5
  • 15:05 Gold Cup - 4 places at 1/5
  • 15:40 Festival Challenge Cup - 4 places at 1/5
  • 16:15 Partin Pipe Handicap Hurdle - 4 places at 1/4
  • 16:15 Martin Pipe Conditional Jockeys' Handicap Hurdle - 5 places at 1/5
William Hill - Choose Your Places Or Bigger Odds on Every Cheltenham Race
William Hill - Choose Your Places Or Bigger Odds on Every Cheltenham Race

18+.Play Safe. 3 x Bet Boosts singles to use across horse racing and greyhound per customer, per day. Available daily from 00:01 until 23:59. Max stake £20 win or £20 EW. On EW bets, only "win" part boosted. Online only. Player restrictions & terms apply. Full T&Cs apply.

PLUS BET £10 GET £30 FOR NEW CUSTOMERS

Welcome Offer T&Cs: 18+.Play Safe. New customers using Promo code H30 only, Min £10/€10 stake, min odds 1/2, free bets paid as 2 x £15/€15, free bets credited after settlement of first qualifying bet, free bets will expire 30 days after the qualifying bet is placed, payment method/player/country restrictions apply. See full terms below.

Ladbrokes Cheltenham 2021 Extra Places
Ladbrokes - Cheltenham 2021 Extra Places
Get Extra Places on selected Cheltenham 2021 races. Promotion available on selected horse racing meetings daily.

Cheltenham Day 4 Extra Places:

  • 13:55 Cheltenham - 6 places at 1/5 (enhanced from 4 places at 1/4). Min 20 horses must run.
  • 14:30 Cheltenham - 4 places at 1/5 (enhanced from 3 places at 1/5). Min 12 horses must run.
  • 15:05 Cheltenham - 4 places at 1/5 (enhanced from 3 places at 1/5). Min 11 horses must run.
  • 15:40 Cheltenham - 4 places at 1/5 (enhanced from 3 places at 1/5). Min 12 horses must run.
  • 16:15 Cheltenham - 5 places at 1/5 (enhanced from 4 places at 1/4). Min 16 horses must run.

Available from 15:00 on Thursday 18th March

18+. Selected races only. Standard place terms apply should minimum runner requirements not be met. Online only. Normal Ladbrokes Terms and Conditions apply. PLEASE BET RESPONSIBLY. begambleaware.org.

PLUS BET £5 GET 20 FOR NEW CUSTOMERS

Welcome offer t&cs: 18+ New UK+IRE customers. Paypal and certain deposit types and bet types excluded. Min £5 bet within 14 days of account reg at min odds 1/2 = 4 x £5 free bets. Free bets valid for 7 days on sports, stake not returned, restrictions apply. T&Cs apply,

888sort Each Way Plus
888sport Each Way Plus
Back a horse in selected horse races with Each Way+ to land enhanced place terms or an extra place. You can earn yourself a higher EW payout or gain some extra insurance on your EW bets.

Cheltenham 2021 Extra Places

Day 4:

  • 13:55 - 1/5 odds first 6
  • 14:30 - 1/5 odds first 4
  • 15:05 - 1/5 odds first 4
  • 15:40 - 1/5 odds first 4
  • 16:15 - 1/5 odds first 5
18+, 1/5 odds. Number of runners stipulations apply. Full T&Cs apply. Begambleaware.org

Extra Places & Each Way Betting

In order to fully understand how extra places promotions work, it is important that the ins and outs of each way betting is also discussed.

What Is Each Way Betting?

An each way bet is effectively split into two individual wagers, with the first being on a particular horse to win an upcoming race, while the second is the same runner finishing in 1st, 2nd, 3rd or 4th position, with this differing from bookie to bookie and meeting to meeting. As a result, when placing an each way bet, punters must cover the cost of both bets, with money being made when the bookmaker is paying out more than the exchange market. For example, Paddy Power extra places promotion may mean that they are paying out up to 5 places, while Ladbrokes extra places is only up to 4.

Each Way Bets & Cheltenham Festival

So, whether you are looking for Cheltenham extra place offers or other ante post promotions in this area, it is important to consider each bookmaker individually, including the conditions surrounding them. Some will not offer extra place winnings on ante post bets, while some betting sites will pay out up to 5 places, compared to a lower position elsewhere. Ultimately, extra places promotions can ensure that you are left with some earnings, even if your pick does not run out the winner of a horse race.

Bookmakers that Offer Extra Places on the Cheltenham Festival

Ladbrokes Extra Places Offer

Are Ladbrokes paying 5 places? Ladbrokes are in fact one of the few bookmakers who often pay out on the first 6 places when it comes to horse racing, however it remains to be seen as to whether this will be the case for the 2020 Cheltenham Festival.

The bookie pays out at odds of 1/5, with Ladbrokes paying 4 places on selected races with more than 11 runners, 5 places for selected races with more than 17 runners and 6 places if there are more than 22 runners in the field.

Paddy Power Extra Places Offer

Paddy Power offer daily extra place promotions surrounding horse races, with the bookmaker likely to be one of the best options for punters ahead of the Cheltenham Festival this year.

Paddy Power’s Cheltenham 2021 Extra Places

  • Paddy Power pay out on bets up to 4 places when there are less than 16 starters, while if there are less than 8 starters, they will pay out on extra places for the top three finishers.
  • However, Paddy Power could well introduce specific offers surrounding races from the 2020 Cheltenham Festival, so be sure to keep an eye out.
  • Meanwhile, it is likely that punters will see their winnings paid out odds of around 1/5.

Betfred Extra Places Offer

Are Betfred paying 5 places at the upcoming Cheltenham Festival? The Betfred extra places offer is available on selected races, applying to all winner and each way bets.

  • The promotion does not cover ante-post bets
  • The bookmaker paying out 3 places in races featuring fewer than 6 runners and riders, compared to 4 places for races featuring 12 or less.

Meanwhile, their standard rules state that Betfred will offer 5 places on races featuring 16 runners, along with 6 places on meetings with 24 runners or less, both at odds of 1/5. It remains to be seen as to whether Betfred will make any changes for the Cheltenham Festival.

William Hill Extra Places Offer

William Hill also provide their customers with a better chance of coming out on top at Cheltenham this year thanks to the William Hill extra places offer, with the bookmaker even doubling the number of places on offer sometimes.

Minimum runner conditions are likely to apply during the Festival in March, with enhances each way terms of 1/5 odds having been set, unless stated otherwise. William Hill were one of the most popular bookies during the 2019 Cheltenham Festival, however many are already wondering does William Hill pay 5th place finishers? The information about 2020 Festival extra places offering from William Hill will be revealed soon.

Bet365 Extra Places Offer

The Bet365 each way extra feature allows punters to choose their place terms for each way horse racing bets on selected meetings, including both increasing and decreasing the number of places. Access the “Each Way Extra” tab found in the racecard in order to see the terms on offer, with the number of places being available to change directly from the bet slip.

However, it is important to understand that this feature cannot be used in conjunction with the Bet365 price promise. Bet365 are often one of the most generous promotions when it comes to the Cheltenham Festival, paying out up to 5 places in the process.

Which Bookies are Paying 5 Places?

The full conditions surrounding extra places promotions at the 2020 Cheltenham Festival are yet to be released, however it is understood that a number of bookmakers will be paying out up to 5 places, providing punters with something of a safety net for what is set to be one of the most competitive meetings in recent history. Are Ladbrokes paying 5 places? Are Betfred paying 5 places? Does William Hill pay for 5th place? Answers will be revealed soon.

Important Extra Places Terms & Conditions

Before looking to take advantage of extra places offers, check out some of the most important terms and conditions surrounding such promotions:

  1. Qualifying odds – Minimum odds are likely to be required in order to qualify for the extra places offered by bookmakers this year, meaning that those looking to bet on the overwhelming favourites may struggle to do so.
  2. Time – Many bookmakers do not allow ante-post bets to be included in extra places promotions, meaning that customers must place bets just ahead of the Cheltenham Festival getting underway, or on race day itself.
  3. Number of starters – The number of extra places offered is likely to depend on the total number of runners featuring in the race, as we have eluded to earlier on. The more runners, the greater the number of additional places is likely to be.
  4. When the bet was placed – Meanwhile, some betting sites will only accept bets that have been placed either before or after final race declarations have been made.
  5. Other restrictions – It is also likely that those looking to utilise extra places offers will not be able to take advantage of other horse racing promotions in which your bookmaker is providing, whether it be best odds guaranteed, non runner no bet or faller insurance.