A guide to the bookmakers offering additional each way places at sport's biggest events.
The JT McNamara National Hunt Chase is a feature of Champion Day, Tuesday the 14th October 2018, at the Cheltenham Festival. Formally known as the National Hunt Challenge Cup, it's a Grade 2 race over 4 miles which makes it the longest distance-wise of the Cheltenham Festival. It also features 24 fences and is only open to novice chasers. With £60,000 for the winner, it's a big prize for trainers and owners alike and the race also features amateur riders only. With fields of up to 20 runners in recent years, online bookmakers are always looking to start the Cheltenham Festival with a bang by giving away opening race offers including 4 places or potentially even 5 places each way on the National Hunt Chase. Of course, offering 4 places each way or sometimes even 5 places each way is an excellent way to offer maximum profit opportunity for punters and is a promotion which will drive 2017 Cheltenham Festival new customer registrations for savvy bookmakers.
The JT McNamara National Hunt Chase may feature amateur riders only, but talented novice chasers is certainly the order of the day. Take 2016 where Jonjo O'Neill trained Minello Rocco won from Native River with Southfield Royale and Vicente making up the minor places. Cheltenham specialist Cause of Causes won in 2015, going on to win the Kim Muir Chase for Gordon Elliot 12 months later. Teaforthree went off as the 5/1 Fav when it won this race in 2012, going on to finish 2nd in the 2013 Welsh Grand National and 3rd in the 2013 Grand National. Chicago Grey was also a popular winner, again for trainer Gordon Elliot, when it won the 141st running of this back in 2011.
With anything up to 20 runners across recent renewals, online bookmakers pay out the standard 3 places each way at 1/4 odds for this handicap chase. However with the National Hunt Chase being an anticipated race, a growing number of bookmakers over recent seasons have promoted an additional place or two, with 4 or even 5 places possible for the 2017 running. Remember online bookmakers have a new customer war chest for the Cheltenham Festival, so offering additional each way places attracts new customers who spot the value to be had. Naturally 4 places covers circa 20% 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. The 2016 renewal of the National Hunt Chase saw 20 starters go to post and some extended each way place offers were available.
2017 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 National Hunt Chase Cup from 2016 onwards:
National Hunt Chase Recent Results