Extra Place Offers: The Ultimate Guide

A bonus is a good way to ensure you don’t spend money on the back bet, but not just any bonus. If your lay bet wins, you get to keep the stake of the backer who matched your lay bet. Conversely, if you lose the lay bet, you pay the backer their potential winning, equivalent to your liability, as calculated above. For example, a bookmaker might provide you with a free bet if you first place a qualifying bet (bet X, get X). Or, they might offer to refund losing stakes as a free bet if a particular event/trigger occurs (money back offers).

Matched betting is a strategy that takes advantage of free bets and promotions offered by bookmakers. It’s a low-risk method designed to turn these offers into real profits, without relying on luck. This approach lies in understanding how back and lay bets work together seamlessly. Learn 2UP, acca insurance, and advanced techniques with top bookmakers like Bet365.

Beginner Matched Betting Tips

As such, the bookie assumes liability and will pay your winnings if your bet is a winner. Back bets include their liability in the odds, so you don’t have to worry about it. The odds on either bet and their liability are at the core of the strategy.

This may sound simple but it’s important to remember to check you have selected an each-way bet in your bet slip before placing the bet as the place part of the bet is where the value is. Extra place offers are an advanced Matched Betting offer so we do recommend you take time to fully understand how they work before getting started. The larger stake you use on a positive EV bet, the more value you’ll take. If we use the same example using the no lay method and using a horse with an EV of 115%, if you used a £100 total stake (£50 each way), you’d be taking £15 worth of value.

When your backed team achieves the crucial two-goal advantage, you face a pivotal decision that fundamentally determines your risk profile and profit optimization strategy. Strategic team selection significantly influences your 2UP success rate by identifying matches with optimal comeback potential and favorable risk-reward profiles. Once you’ve built your bankroll and experience, consider taking your betting to the next level with Outplayed Pro. You can learn more about squeezing as much value out of your restricted accounts by using these strategies in ourtop tips to avoid being gubbed. Our Diamond membership has everything you need to beat the casinos at their own game.

Close back and lay odds

However, there is a way that you could use the casino’s strategy against them. Experienced Matched Bettors are using the powerful Extra Place Master tool available with our Outplayed Pro membership to make an easy £500+ a month from these Extra Place offers. It’s so important to stick to the proven Matched Betting strategies recommended that will end up leaving you to enjoy healthy profits each month. Resist any temptation to stray away from the Matched Betting process.

• To place an each-way bet, you need to select the odds for your horse in the normal bookmaker “win” market to add your selection to the bet slip.
• In the example above, we extract 50% of the value of the free bet (£5 profit from a £10 free bet).
• Doing this allows you to cover all of the outcomes of an event using only two bets (even if there are more than two outcomes).
• These conditions maximize both opportunity access and execution efficiency, leading to optimal profit generation rates.

Similarly, other horses might land in an extra place much more often despite their implied odds not being as high. This represents a huge amount of potential value missed by only relying on implied odds. You can see in this example, that you would make a 20p qualifying loss if your horse finished in bc.game any other position than 4th (the extra place). Remember that whatever amount you enter in the bet slip – your total stake will be double this amount. So if you want to place a £5 each-way bet, you’ll enter £5 as your stake and when you select the each-way option the total stake will be £10. By doing this, you create a very low-risk chance of a high return if the horse you choose to bet on finishes the race in whatever the “extra place” position is on that race.

For example, if Sky Bet are offering 5 places and the exchange is 3 places, you’ll make a profit if your horse comes 4th OR 5th. You should have – at the very least – completed all the signup offers and have a strong understanding of the basics of Matched Betting. This will keep your bookmaker accounts healthy by blending in with regular punters and help you avoid being gubbed.

Extra Places are an advanced Matched Betting strategy so we strongly suggest having a minimum £1000 bankroll. You’ll also find much higher value extra place opportunities on these busier days when there are lots of bookies competing with each other offering higher odds and more extra places as incentives. Although there are extra place offers available every day through the week, try to stick to days where there are lots of bigger races taking place.

If you have a larger bankroll available, you’ll be able to complete many sign-up offers at once if you wish allowing you to make profits at a faster rate. You’ll follow simple step by step video tutorials and can expect to make more than £850 in pure profit from more than 40 bookmaker signup offers available to you during your free trial. Below the liability figure on the calculator, you’ll see the profit you’re locking in from this free bet. In the above example, you’ll make at least £15.50 profit regardless of the outcome. If your Matchbook balance is lower than that amount, you’ll need to deposit enough money to cover this.

Here’s a table that displays the liabilities and profits for each of the three selections. Let’s take a look at the terms for the Coral sign up offer, where they’ll give you £20 in free bets if you first bet £5. Understanding the precise conditions that generate 2UP profits helps establish realistic expectations about making money and maintain psychological resilience during inevitable dry spells. There are several ways you can make money (and good money too!) from your gubbed accounts. You may have considered casino slots and games as a certain way to lose money.