Extra Place Matcher | OddsMonkey Bites
The Extra Place Matcher is another of OddsMonkey’s advanced matched betting software. It has been created to aid with extra place matched betting. Find out how in this video.
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TRANSCRIPT:
Extra Place Matcher
If you’re just starting your matched betting journey, you probably won’t be doing any extra place bets, but it’s good to be aware of the tools and techniques that can help you continue to profit from matched betting one you’ve completed the ‘new customer offers’.
An each way bet is essentially 2 separate bets: one on the horse to win and one on the same horse to be ‘placed’. For a horse to be placed, it needs to finish in the top 1-4 runners, based on the number of horses in the race.
If there are 16 horses in a race, there’ll usually be 4 places to be paid. (This depends on the bookmaker and number of runners).
Sometimes though, bookmakers choose to pay an extra place. For example, bookies who usually pay 4 places might up the offer to pay out on 5. This will always be one extra place on the Betfair lay market, meaning that there’s potentially a huge pay out to be made. And this is where the Extra Place Matcher software can help you.