Betfred Each Way Places on Horse Racing Today In August 2020
Betfred Each Way Places
See today's Betfred Each Way bets for UK horse racing that are paying enhanced places below including Royal Ascot races for this week.
Saturday 08/08/2020 Extra Place Races
Saturday's Extra Place Races at Betfred.
3 Places (1/5 Odds)
14:50 & 16:35 Newmarket
19:34 Gulfstream Park
22:30 Del Mar
4 Places (1/5 Odds)
15:05 & 15:40 Cork
5 Places (1/5 Odds)
16:15, 16:50 & 17:25 Cork
How to Make a Profit from Backing Horses Each Way
When backing the horses it makes sense to bet at bookmakers that pay out an extra place. This means more winnings returned to you if your bet gets placed each way. An extra place means the difference of at least a part return on your bet and if the odds are big enough you can make a profit.
I personally go each way on horses with odds of at least 8/1 at a 1/4 of the odds. This way you stand a better chance to secure a profit by the amount of your each way stake. Let me explain with the following example below.
Knight Destroyer backed at 8/1 with a stake of £5 Each Way.
Total stake: £10 (£5 on the Win bet and £5 on the Each way bet).
Result: 3rd at 8/1 (it can finish 2nd/3rd or 4th or even 5th if the Betfred Each Way Places offer had been applied).
Return: 1/4 odds at 8/1 = 2/1 plus each way stake of £5 returned = £15.
Note the Types of Horse Races that pay out 1/4 or 1/5 odds Each Way and how many runners they need to have.
- All races of 5 to 7 runners: 1/4 odds on the first two places.
- Handicaps of more than 16 runners: 1/4 odds on the first four places.
- Handicaps of 12 to 15 runners: 1/4 odds on the first three places.
- All other types of races with more than 8 runners: 1/5 odds on first three places.
- On horse races with less than 5 runners it's win only.
Betfred have loads of beneficial horse racing promotions for punters like me who bet on the gee gee's. My own favourite is the Lucky 15 combo bonuses where you get paid at 3 x the odds on only one winner.
I have also done a comparison for Lucky 31 and 63 combination bets for those punters that like to combine more than four horses in a bet.
More Horse Racing Betting Offers
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Bet £10 at odds of evens (2.0) or greater
Multiple bets with cumulative odds of evens (2.0) count, each leg must have odds of 1/5 (1.2) to be eligible.
Each way bets are eligible for this promotion.
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