A guide to the bookmakers offering additional each way places at sport's biggest events.
The Cheltenham Gold Cup is the highlight of the National Hunt season and is eagerly anticipated as the highlight of the Cheltenham Festival. The 2017 Timico Cheltenham Gold Cup, on Friday 17th March, is expected to see a reasonably large field and that should ensure that a number of online bookmakers will offer 4 places each way and potentially even 5 places each way at the Cheltenham showpiece race. With the 2016 Gold Cup only seeing 3 places each way across a 9 runner field, the 2017 running of the Gold Cup will undoubtedly offer up a fantastic each-way betting proposition for the savvy online punter who has the right online bookmaker accounts.
The Timico Cheltenham Gold Cup Steeple Chase is the Blue Riband race of the National Hunt season. Field sizes have varied from 16 in 2009 and 2015 to just 9 in 2016. 2017 will see a large field line up for the stiff 3 1/2 mile race and that creates a huge opportunity for each-way punters. The Jockey Club in 2013 stated that in Handicap Races with more than 16 runners each way terms should be 1/4 odds on places 1-2-3-4. The Gold Cup is no Handicap, BUT for Championship races the online bookmakers also tend to use the Jockey Club rule as a guideline. So although nothing is confirmed - as yet - for the 2017 running, expect selected bookmakers to offer 4 places each way and potentially 5 places each way on the Cheltenham Gold Cup. Naturally we'll announce all extended place offers as soon as they're confirmed in the build-up to the big race.
With anything up to 16 runners across recent renewals, online bookmakers pay out the standard 3 places each way at 1/5 odds. However the Gold Cup is so popular with punters desperate for a serious bet that a growing number of bookmakers over recent seasons have promoted an additional place or two, with 4 or even 5 places at the Cheltenham Gold Cup. Naturally 4 or 5 places covers circa 25% of the field - a situation which can only drive the chances of profit.
We track the value dished out 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 online punters have been using online bookmakers who have been offering far better value to their customers now for years.
2017 Each Way Terms Offered: