bet365 Each Way Extra is a new innovation in the betting industry, providing punters with an interesting option on their horse racing bets. Read our detailed guide below to learn more!
bet365 Each Way Extra is a promotion that applies specifically to horse racing.
While standard each-way bets at bet365 pay down to three or four places, depending on the size of the field, with bet365 Each Way Extra, you can increase or decrease those places according to your preferences.
If you choose to increase the number of places, the odds will shorten. If the number of places is decreased, the odds will lengthen.
This offer is already proving to be a popular feature, especially among horse racing punters who are not confident about their selections in standard win or each-way markets. The Each Way Extra offer give you more of a chance of getting a return in the case of an uncertain wager, even though the overall odds stand a chance of being decreased.
Here’s an example of the bet365 Each Way Extra promo in action:
(Source: bet365. Odds correct as at 25/09/2023,10:42 BST)
The image above shows the top three favourites for a horse race at Leicester. If we take Dosman at just two places, the odds are 21/20. However, if we extend our bet to four places using the Each Way Extra promotion, the odds shorten greatly to 5/14.
Examples of 2, 3, and 4 places are also shown here for Dosman and two other horses.
Step 1: Head over to the bet365 racing section. All applicable races will be clearly shown.
Step 2: Select a race where you want to use the promotion and click on your selection.
A bet slip will now open. That slip has a drop-down menu, so you can select the number of places that you wish to use for your each way betting. For my example I chose to bet on Ambiente Friendly at 14/1 to finish in the top three places.
(Source: bet365. Odds correct as at 25/09/2023, 10:43 BST)
Step 3: Click on the amount of places you want to accept before entering a stake. Check that you are happy with the bet and then click on the confirmation button.
Each Way Extra is available at bet365 for certain races in the UK and Ireland.
Details of the races where this offer is available will be published at 10am, UK time, each morning during the promotion period. They will not be accessible before this point and they will finish when the last race comes to an end.
Customers of bet365 can head over to the horse racing markets after this time to discover which events are applicable on that particular day.
bet365 Each Way Extra Terms and Conditions
There are general terms and conditions applicable to each race, and these should be checked carefully before you go ahead and place any bets.
Importantly, the bet365 Each Way Extra offer applies to selected races only. Check the bet365 racing markets for full details.You cannot use free bet tokens or bet credits to place your bet. Only cash from your account balance can be used.You should also note that you cannot cash out each way extra bets once the race has started. Cashout can only be taken pre-race.Those are the main terms, but you should check the terms and conditions page in full to make sure you are happy with the rules.
There are a number of ways in which you can approach the bet365 Each Way Extra promo. It could certainly be useful in a big race where there are more horses battling it out, for example.
If bettors spot a promising outsider, this could be where the promotion is the most useful. At odds of around 25/1 or higher, extending the win and each-way places in exchange for slightly reduced odds can be a strategic move.
Let’s take a look at the below race card as an example.
(Source: bet365. Odds correct as at 25/09/2023 at 11:00 BST)
Here, we want to back outsider Godsend. At 30/1 for two places, however, we may feel that this is too much of a risk. An alternative would be to take odds of 14/1 for Godsend to finish in the top four, which would still give us a decent return.
Another way to use bet365 Each Way Extra would be when you have a shorter-priced horse, but you’re not convinced that it will win. In this case, by shortening the amount of places, you can get better odds.
For those who are not already members of this bookmaker, bet365 have a straightforward welcome offer when you sign up. At the time of writing, new customers can claim £30 in free bet credits after placing a qualifying bet of £10.
Once on board, you can expect to be offered ongoing promotions throughout your account’s lifespan. Free bets appear regularly, so remember to opt in to receive notifications. Regular price boosts on Bet Builders will also be in place.
Key Terms and Conditions
18+ New customers only. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of qualifying bets. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and Full T&Cs apply. Bet Responsibly. BeGambleAware.org
Moreover, while all bookmakers attach a list of T&Cs across all promotions, bet365 tends to be one of the most generous in this regard. Nevertheless, always check any accompanying requirements for any promotion you decide to claim.
Is bet365 Each Way Extra available for all races?
bet365 Each Way Extra is only available for selected races in the UK and Ireland. At 10am (UK time) each morning, bet365 will list the races where the each-way extra option applies.
Head to the bet365 racing page and you will see the races where the offer is eligible.