What is Extra Place Races betting?

If you’ve ever seen your horse agonisingly miss out on placing on an Each Way bet, then news of Paddy Power’s Extra Place Races promotion which is available here, should provide you with a spring in your step. But, what exactly is it you ask?

In short, extra place races mean that Paddy will pay out an additional place above the usual terms on Each Way bets. No need to wipe your eyes, you read that correctly - you will have a second bite of the cherry during a race you bet on if your horse finishes one place outside of the usual place positions.

For example, let’s say you accessed the extra places race today promotion, and your horse went on to finish fourth.

Typically, the top three places would only be paid out but the extra place offers today that you chose beforehand means that fourth place will still be paid out on an Each Way bet.

The bottom line is that Paddy’s extra places today promotions increase your chances of earning a tidy profit when betting on horse racing.

How does an Extra Place Races offer work?

An extra place races offer gives you more bang for your buck as you will still be eligible for a payout in the event your horse doesn’t finish in the standard payout places of an Each Way bet.

For instance, if you select the today's extra place races promotion and your horse finishes fifth when only four places are being paid out, you will still earn a return as the place part of your Each Way bet will be honoured by Paddy Power. It’s understandable if you think this is too good to be true but we’re here to tell you it isn’t.

Even with this insurance policy in place, it still pays to be discerning about the races you bet on as that will maximise your chances of seeing a profit returned to you.

To that end, it's advisable to use the extra place races promotion on race events that you have done your prior research on. In other words, if you’re certain that a particular horse can win a race, then using the extra place bonus will act as a large safety net in the event they don’t deliver on the heights expected of them.

Indeed, even if your chosen frontrunner finishes one position outside of the places being paid out you won’t go home empty-handed.

This offer also provides cover during events that are extremely competitive. If a photo finish goes against you then Paddy’s extra place races has you covered with one more place than normal being paid.

Now for the fine print. As always, there are terms and conditions to consider attached to each offer. Here are the key ones to keep in mind:

Best Odds Guaranteed (BOG) is available from 8am on the day of the race
No opt-in required
Applies to singles and multiple bets
If there are fewer than 16 starters, we will pay 4 places
If there are fewer than 8 starters, we will pay 4 places
If there are fewer than 4 starters, we will pay 3 places

How do I find Today’s Extra Place Race?

You’ll find today’s extra place race option on the Paddy Power website. To access it, log into the Paddy Power website and then click on the ‘horse racing’ tab on the top left of the homepage. Once you have, you’ll see the option of ‘extra places’ halfway down the site’s main horse racing page.

When you tap on it, you will have access to all the races of the day that Paddy is offering an extra place payout on. To recap, this extra places offer means that you will be paid out above the standard terms on Each Way bets if your horse places outside of the usual placing positions.

Finally, terms and conditions apply to each extra place offer, more details here