A guide to the bookmakers offering additional each way places at sport's biggest events.
The BetVictor Gold Cup is the headline race at Cheltenham's Open Meeting. Previously known as the Paddy Power Gold Cup from 2003 to 2015, the BetVictor Gold Cup is a hugely popular Grade 3 Handicap run over 2 1/2 miles of Cheltenham's Old Course. The Open Meeting is the first major event of the National Hunt racing season and traditionally a select group of online bookmakers offer up 5 places each way at the BetVictor Gold Cup to win punters business. An additional each way place makes a huge difference in terms of generating profit from the race, so here's our guide to getting 5 places each way at the 2017 BetVictor Gold Cup.
The BetVictor Gold Cup headlines the Saturday afternoon action at Cheltenham's Open Meeting. Formerly known as the Mackeson Gold Cup, the race in recent times has been sponsored by Murphy's Brewery, Thomas Pink and latterly of course Irish bookmaker Paddy Power. With over £91,000 for the winner of this Grade 3 Handicap, the race over 2 1/2 miles has been the target for many a trainer and owner over the years. Indeed since 2010 the race has been won by Paul Nicholls (twice), Alan King, Jonjo O'Neill (twice), David Pipe and Nigel Twiston-Davies. That's a high-class group of trainers.
With a maximum field of 20 runners in this Handicap race, most online bookmakers pay out the standard 4 places each way at 1/4 odds. However the first truly big race of the National Hunt season in recent times has been the ideal time for an adventurous bookmaker or two to actually give an additional place, with 5 places each way at the BetVictor Gold Cup. Naturally 5 places covers 25% of the field and adds real value.
BetVictor Gold Cup Promotions
The best promotions for the 2017 BetVictor Gold Cup at Cheltenham can be seen below:
BetVictor Gold Cup Each Way Places Tracker
We track the value served by online bookmakers across the major National Hunt races. Extended each way terms gives punters a huge boost in terms of profit potential and is the perfect promotion for those who love to back big priced long-shots. With some High Street bookmakers still categorically giving their customers the standard each way terms, savvy punters have been using online bookmakers who have been offering far better value to their customers now for years.
2016 Each Way Terms Offered:
2015 Each Way Terms Offered:
Here's a breakdown of the horses and their prices that have been paid out on over and above the standard 4 places each way in the BetVictor Gold Cup from 2015 onwards:
- 2015: 5th Irish Cavalier 8/1.
- 2016: 5th Bouvreuil 12/1, 6th Thomas Crapper 33/1.
In the 2015 Paddy Power sponsored renewal, Rebecca Curtis trained Irish Cavalier went off as the well-backed 8/1 2nd favourite and things seemed good for the Irish horse as it looked to have everything else in the field covered at the second-last. However the Cheltenham hill found the relatively inexperienced 6 year-old horse out as Annacotty under jockey Ian Popham triumphed at 12/1. Irish Cavalier eventually trailed in 5th with most punters tearing up their betting slips in disgust. However those who had backed the horse each way with race sponsor Paddy Power or William Hill received a consolation payout - at 2/1 for the 5th place.
In 2016 Jonjo O'Neill trained Taquin Du Seuil left it late to overhaul 20/1 shot Village Vic. Turning for home Phillip Hobbs trained Village Vic was in a straight fight with Aso, but the winner stayed on strongly to eat into Village Vic's lead after the final fence and beat the 20/1 shot by a neck on the line. Sensible punters backed their selections with bet365, Paddy Power or 2016 race sponsor BetVictor, all of whom offered additional each way places. Well backed Paul Nicholls challenger Bouvreuil and Thomas Crapper delivered at 12/1 and 33/1 respectively, with the latter paying out for BetVictor punters as they offered 6 places each way at full 1/4 odds for the place.