A guide to the bookmakers offering additional each way places at sport's biggest events.
The following bookmakers have extended their each way terms at the Hennessey Gold Cup. The remainder of bookmakers are offering 4 places each way at the last update:
The Hennessy Gold Cup is one of the oldest chases on the National Hunt calendar. Raced in November around Newbury, the Hennessy is a hugely popular Grade 3 Handicap run over 3 miles and 2 1/2 furlongs of the testing left-handed Berkshire circuit.
Big races like the Hennessy are a focus for the online bookmakers who all want punters' business and going 5 places each way is an excellent way to attract new customers and additional bets. Since 2011, a number of online bookmakers have gone 5 place each way on the Hennessy Gold Cup and an additional each way place which makes a huge difference to punters looking generating profit from the race.
The Hennessy Gold Cup has been in existence since the 1950s and is inextricably linked to 2-time winners Arkle and Denman. The Paul Nicholls trained Denman won in both 2007 and 2009 and his lengthy range and staying power is something that winners of the Hennessy have in abundance. Take 2015 winner Smad Place who ran the rest of the field into the ground in testing conditions.
The race, which is worth a sizable £113,000 to the winner, has been won in the past by Mill House, Bregawn, Burrough Hill Lad, Suny Bay, Celestial Gold, 2013 Cheltenham Gold Cup winner Bobs Worth and 2015 Grand National winner Many Clouds.
With anything up to 21 runners in this Handicap race since 2012, most online bookmakers pay out the standard 4 places each way at 1/4 odds. However the Hennessy Gold Cup is so popular in the National Hunt arena that a number of bookmakers over recent seasons have promoted an additional place with 5 places each way at the Hennessy being available to savvy punters who choose the right bookie. Naturally 5 places covers around 25% of the field and adds massive value for bettors.
Hennessy 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, clever online punters have been using online bookmakers who have been offering far better value to their customers now for years.
2015 Each Way Terms Offered:
2016 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 Hennessy Gold Cup from 2015 onwards:
In the 2015 Hennessy renewal, Paul Nicholls runner Saphir Du Rheu went off as the 9/2F. A winner of the Cleeve Hurdle at Cheltenham and a Grade 1 Novices' Chase at Aintree the season before, Saphir Du Rheu looked the horse to beat and was heavily backed. However the soft ground caught up with the 6 year-old and Smad Place famously made all of the running to win by an impressive 12 lengths. Saphir Du Rheu trailed in 5th with the vast majority of backers receiving no return. However each way punters with bet365, Paddy Power and Skybet effectively got their stake back as they paid out to a generous fifth place.
2016 saw the well-backed favourite Native River (7/2F), trained by Colin Tizzard, just hold on from 33/1 shot Carole's Destrier. In the race for each way value, Skybet topped the lot by offering 6 places (1/5 odds) across the 19-horse field. bet365, Paddy Power and William Hill went 5 places each way at full 1/4 odds as the race approached. The bet365 Price Promise also guaranteed best odds across the whole field, making them the bookmaker of choice across the 2016 Hennessy. The well-backed second favourite Blaklion, who finished 5th, was paid out each way by bet365, Paddy Power and William Hill, with Vyta Du Roc finishing 6th for Skybet backers at 8/1.