At AiProfit, we’ve created the Extra Place Calculator specifically to help you take full advantage of extra place offers in horse racing. This tool streamlines the calculation of optimal stakes and potential returns when bookmakers extend additional place terms on races. Using our extra place matcher, you can improve your betting strategy and increase your income from these profitable opportunities.
The Extra Place Calculator is an advanced betting tool that allows you to calculate the exact amounts required for both back and lay wagers while aiming for extra place rewards. Bookmakers occasionally provide extra place terms in horse racing events, giving matched bettors the potential to make big gains if their horse finishes in the extra place. Our extra place matched betting calculator handles the difficult mathematics, allowing you to focus on making bets fast and accurately.
Our extra place calculator factors in the back odds, lay odds, stake, exchange commission, and the amount of horse racing extra places paid by both the bookmaker and the exchange. By entering these information, the extra place matcher calculates the best lay stakes for both the win and place markets, allowing you to maximise your potential profit if your horse finishes in the extra place. It also calculates the implied odds, which represent the value of the extra place offer in relation to your qualifying loss, allowing you to determine the profitability of targeting a given race.
In addition to our Extra Place Calculator, AiProfit offers a range of free betting calculators to support your betting activities:
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Extra place offers are promotions where bookmakers pay out on more places than usual in a race. For example, paying out on the top four places instead of the usual three. This creates an opportunity for matched bettors to profit if their horse finishes in the extra place.
The calculator helps you determine the optimal lay stakes for both the win and place markets, considering the extra place terms. This allows you to lock in a profit or minimize losses, especially if your horse finishes in the extra place offered by the bookmaker but not covered by the exchange.
Absolutely! Our calculator is designed with a user-friendly interface that makes it easy for beginners to understand and use effectively. We also provide guides and support to help you get started with extra place matched betting.
While not mandatory, having accounts with multiple betting exchanges can provide better odds and liquidity, which can enhance your matched betting strategy and potential profits when targeting extra place offers.
Yes, extra place matched betting is completely legal and safe. It is a legitimate betting strategy that uses bookmaker promotions as intended. However, always ensure you're complying with the terms and conditions of each bookmaker and betting exchange.
Implied odds in extra place betting refer to the potential return from the extra place finish divided by the qualifying loss from other outcomes. It helps you evaluate whether the potential profit from an extra place finish justifies the risk of the qualifying loss. Our Extra Place Calculator computes the implied odds for you, allowing you to make informed decisions on which races to target.