bet365 Each Way Extra Explained

From golf podcasts to live horse racing on ITV, pundits and punters alike are talking about bet365’s ‘Each Way Extra’ promotion which gives punters the ability to flex each-way terms to suit their style of betting.

Whilst it’s not a complicated proposition, there are some basics to be aware of and some differences between how Each Way Extra works on golf and horse racing. This bet365 Each Way extra explained article goes through these differences in plain English.

Firstly, here’s how Each Way Extra works on golf:

Get up to 12 places each way with bet365’s ‘Each Way Extra’ promotion on golf.

bet365 have recently launched their innovative ‘Each Way Extra’ promotion on golf, following on from its success on horse racing over the past few years.

• bet365 Golf Each Way Extra – Up to 12 places for Each Way Golf bets on selected tournaments. Each Way Extra gives you the option to increase or decrease the number of places when you are betting pre-event on the To Win Outright market on selected Golf events – add places on to your Each Way Golf bets for extra security at lower odds, or increase the price by removing places. Bet restrictions apply. Registration required. For further details of how Each Way Extra works on golf click here.

The number of Each Way Extra places offered on an event can be viewed on the Each Way Extra coupon or on the bet slip as per the example below:

To access the different options and odds, simply select the ‘Each Way Extra’ market from the selected golf coupon to see the additional place terms that are available on your chosen event before the first group tees off. Once you’ve selected a price and the corresponding number of places from the Each Way Extra coupon, it will then appear on your bet slip.

Don’t panic if you don’t have a bet365 sports account as new customers who sign up with bet365 via Golf Betting System receive their up to £30 in free bets account opening offer using bonus code SPORT30:

Get up to 10 places each way with bet365’s ‘Each Way Extra’ promotion on horse racing.

The original Each Way Extra proposition from bet365 was on horse racing and it continues to be massively popular with punters right up to today.

For instance, at the 2024 Grand National bet365 offered Each Way Extra as an alternative to their regular betting market which was already at a generous 6 places each way, 1/5 odds on race day, meaning that punters could choose 7, 8, 9, or even 10 places each-way, 1/5 odds at different odds on racing’s biggest betting heat.

Here’s how it works:

• Each Way Extra gives you the option to increase or decrease the number of places in a race when you are betting Each Way on selected Horse Races at bet365.
• When you use Each Way Extra you can add places to your Each Way Horse Racing bets and take a reduced price or remove places and increase the odds on your selection.
• The number of Each Way Extra places offered on a race can be viewed on the Each Way Extra coupon or on the bet slip.”
• Each Way Extra bets will not be eligible for bet365 Price Promise, Best Odds Guaranteed, ITV Racing 4/1 Offer or Feature Race 4/1 Offer, except where a new or eligible customer selects place terms that match the standard Win and Each Way market for that race. Where Enhanced Place Terms are offered on a race and selected by a new or eligible customer, ITV Racing 4/1 Offer and Feature Race 4/1 Offer will apply.
• T&Cs apply. Registration required. For further details of how Each Way Extra works on racing click here.

The number of Each Way Extra places offered on a race can be viewed on the Each Way Extra coupon or on the bet slip as per the example below:

Odds above used for illustrative purposes and were correct at 15:00BST 12.5.23, but are naturally subject to fluctuation.

To access the different options and odds, simply select the ‘Each Way Extra’ market for the selected race to see the additional place terms that are available. Once you’ve selected a price and the corresponding number of places from the Each Way Extra coupon, it will then appear on your bet slip.

Again, if you don’t have a bet365 sports account then new customers who sign up with bet365 via Golf Betting System receive their up to £30 in free bets account opening offer using bonus code SPORT30 which can be used on any sport:

Now whilst the principle of Each Way Extra is the same across both sports in that you, the punter, can choose the number of each-way places that suits you best, the actual execution of the offer differs between horse racing and golf.

In racing, as you flex the number of each-way places, the odds offered on each horse can vary quite dramatically but the each-way denominator remains the same. This means that if the main market is 4 places, 1/5 odds for instance then increasing to 5 places through Each Way Extra will see the 1/5 odds terms remain, however the odds on offer will drop a little.

Some races offer 1/4 odds instead of 1/5 in the main market and the rule applies for those instances too, with the 1/4 odds terms remaining but the odds changing to suit the chosen number of each-way places being chosen.

On golf, it works a little differently.

The regular market on golf for most full-field events is 5 places, 1/4 odds and the odds you’ll see listed on comparison sites will generally tend to be from that market. Each Way Extra then offers different each-way terms at different odds, but as of January 2024 all with a 1/5 denominator. So, for instance:

• Option 1: 3 places, 1/5 odds. The odds will generally increase over the regular market for this option.
• Option 2: 8 places, 1/5 odds. The odds will generally be similar or slightly lower compared to the regular market for this option.
• Option 3: 10 places, 1/5 odds. The odds will generally be slightly lower compared to the 8 places option.
• Option 4: 12 places, 1/5 odds. The odds will generally be slightly lower compared to the 19 places option.

Of course this can and does vary with some tournaments, for instance bet365 tend to offer more generous terms as standard at the Major Championships such as The Masters and the Open Championship.

In addition, shorter field events with no cut such as the PGA Tour’s season-ending Tour Championship may attract different options; however for regular events on the PGA Tour and DP World Tour, the examples above are fairly common.

Of course, which option you choose on both horse racing and golf is entirely up to your style of betting. With reductions for ties commonplace in golf, there’s certainly a case to be made for selecting the 10- or 12-place options and maximising your chance of a return, particularly when backing longshots.

Do you have a view on bet365’s golf promotions, offers or their general proposition on golf? Feel free to leave us a review or read the thoughts of others on our bet365 review page.