Bet365’s Each Way Extra feature allows customers to personalise their each-way betting on a selected number of sports and markets. The feature is particularly beneficial on the different sporting markets that are a common source of each-way betting.

In this post, we will explain how the Each Way Extra feature at bet365 works, the sports and markets upon which you are likely to find the feature available and we’ll finish by outlining some of the main pros and cons of accessing Each Way Extra and even a couple of strategic hints on how to use it most productively!

You do need to be a bet365 customer in order to access the Each Way Extra offer. Fortunately, there’s a rather appealing bet365 Welcome Offer available for new customers on the site, which we have outlined below.

BONUS CODE: BET247

CLICK TO COPY ↑

Open Account Offer:
Bet £10 Get £30 in Free Bets 

Min Deposit: £5  – Expiry: 30 days  – Min Odds: 1/5 (1.20) 

New Customers only. Bet £10 and get £30 in Free Bets when you join bet365. Sign up, deposit between £5 and £10 to your account and bet365 will give you five times that value in Free Bets when you place qualifying bets to the same value settle. Free Bets are paid as Bet Credits. Min odds/bet and payment method exclusions apply. Returns exclude Bet Credits stake. The bonus code BET247 can be used during registration but does not change the offer amount in any way. T&Cs, time limits & exclusions apply. Registration Required.


So, let’s begin by answering the most pressing question about this user-friendly feature.

What Is Each Way Extra at Bet365?

Each Way Extra is a relatively new feature at bet365 Sport which offers customers far greater freedom of the each way bets they make.

When available on selected markets, Each Way Extra offers customers a variety of each way options based on three factors:

• The odds of the selection.
• The fraction of the odds offered as an each-way payout
• The number of places paid for the each way bet.

When offered, bet365 will offer customers a range of each way extra markets that will tend to follow two simple rules:

• The greater the number of places paid, the lower the odds offered.
• The fewer the number of places paid, the higher the odds offered.

In terms of the fraction of the odds paid out for paying places, these tend to be around 1/4 or 1/5 of the stated odds on horse racing (depending on the number of runners in the race) and around 1/5 of the stated odds for golf tournaments.

In the screenshot below, you can see a typical number of options available for Each Way Extra bets with bet365 on a standard horse race in the UK.

As you can see, the odds change for each selection based on the number of places paid for the race in question.

What Sports Offer Each Way Extra Bets Most Often?

In general, each way extra betting markets are available on two main sporting markets at bet365. They are:

• Horse Racing
• Golf

How the each way extra promotion works for these two sports is very similar, but not quite exactly the same.

Horse Racing Each Way Extra

With horse racing Each Way Extra, the number of runners in a race may determine the fraction which is used to calculate paying places. This is usually 1/5 of the stated odds, but this may change depending on the number of runners in the race and thus the number of paying places offered by the each way extra feature.

Golf Each Way Extra

Each Way Extra is available on the To Win/Place at a Golf Tournament market throughout the season.

Depending upon the tournament, there are up to 12 places available to earn a payout with a variety of different odds available for each of the golfers competing in the tournament.

The payout for golf is usually 1/5 of the stated odds for a place finish, however with many golfers prices upwards of 33/1, this still represents a good value bet if you can land an outside bet golfer to finish in the paying places.

The Pros and Cons Of Each Way Extra Markets

Pros

• A greater selection of how you bet each way on the horse race or golf tournament, offering more flexibility in terms of places paid, or better value odds.
• Some each way extra markets may benefit from another bet365 offer Enhanced Place Terms, which sees odds boosted for certain each way extra markets.
• Each Way Extra offers backers of longer odds options who may not win a race or a golf tournament, but who may finish in one of the paying places, a good chance of earning a decent return for a relatively smaller stakes bet.

Cons

• Some each way extra options, especially those that pay more places, will pay less than a standard each way bet.
• The offer doesn’t really offer much scope for punters that like to back the lower-priced options or favourites in horse racing each way as the return at 1/4 or 1/5 of the stated odds for an even-priced option (for example) isn’t that appealing.

Bet365 Each Way Extra – A Simple Strategy

Based on the pros and cons we have outlined above, there is a simple strategy that you can follow when Each Way Extra betting which we have broken down into the following simple statements.

• For odds on or very short priced favourites where a win would only guarantee a small profit and an each way extra return a likely loss, it may be best avoiding the each way extra market options and back the winner.
• For mid-priced selections where an each way return only would see you make a small profit, backing the options with higher odds and fewer places paid makes more sense.
• For higher-priced selections where an each way return would see you make a good profit, picking the option that pays out optimally in terms of places paid and value odds makes sense. Especially in races or golf tournaments with lots of runners/competitors.
• For very high-priced selections, always back the option with the most places paying out. For example, if you are backing a 100/1 outside in a golf tournament.

Bet365 Each Way Extra – FAQs

Q. Which sports offer Each Way Extra betting markets most often?

A. You can find Each Way Extra betting most often on Horse Racing and Golf.

Q. What are the factors to consider when considering Each Way Extra bets?

A. You should always check the following when making an Each Way Extra bet: 1. The odds of the selection you intend to back, 2. The fraction of those odds will be used for the Each Way calculation for the payout for the bet and 3. The number of places which will be paid out based on your selection.

Q. Are Each Way Extra bets better than standard Each Way bets?

A. That depends on a number of factors including your selection, the golf tournament or horse race in question and the value of the Each Way Extra options compared to standard Each Way bets. In general, for longer odds selections an Each Way Extra bet offering more places may be a better option. For shorter priced each-way bets, a standard Each Way, or Each Way extra bet paying out fewer places at better odds is usually a better option.

Always remember to gamble responsibly.

Check out bet365’s Safer Gambling page for more details.