Betfred Extra Places - Horse Racing Guide

Our expert guide to Betfred’s Extra Places offer, and how to get started with it.

John McAddams Sports Betting Expert

Updated:March 3, 2023

What is Betfred?

Betfred is a UK-based bookmaker with a strong presence both online and in brick-and-mortar shops throughout the UK. The company was founded in 1967 by Fred Done and his brother Peter, and has since grown into a multi-billion-pound business. Betfred is known for offering a wide range of betting opportunities on a variety of sports, including football, horse racing, tennis, and golf, as well as other popular events such as the Olympics and the World Cup.

Betfred’s Current Free Bet Offer:

Bonus offer

Bet £10 Get £50 in Bonuses

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  • Very well experienced service
  • Custom bet features available
  • Detailed blog on future events
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Min. Deposit

£10

Website

Regulated by

MGA, UKGC

Founded

1967

Owner

Petfre (Gibraltar) Limited

Offer terms

New customers only. Register (excl. 13/04/24) with WELCOME50. First bet £10+ at Evens (2.0)+ on Sports within 7 days to get Free Bets: £20 In-Play, £20 Acca & 50 x £0.20 (£10) Free Spins on Fishin’ Frenzy within 10 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. Full T&Cs apply.

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Deposit methods

maestro
mastercard
payapl
skrill
stripe
visa
1

New customers only. Register (excl. 13/04/24) with WELCOME50. First bet £10+ at Evens (2.0)+ on Sports within 7 days to get Free Bets: £20 In-Play, £20 Acca & 50 x £0.20 (£10) Free Spins on Fishin’ Frenzy within 10 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. Full T&Cs apply. | T&C apply

If you’re a fan of horse racing, you’ll know that the sport can be unpredictable. Even the most experienced and knowledgeable punters can be left disappointed by a runner who fails to perform on the day. However, with the help of extra place offers, you can increase your chances of winning, even if your horse doesn’t come first.

So, how does it work? Essentially, an each-way bet is a type of bet that allows you to place two bets on a single horse – one on the horse to win and one on the horse to place. If the horse comes in first, you’ll win both bets. If the horse comes in second, third, or sometimes fourth (depending on the number of runners in the race), you’ll win the place bet. This means you’ll get a fraction of the odds you would have received for the win bet, but it’s still better than losing your entire stake.

Betfred is one of the bookmakers offering extra places on certain races, giving you a better chance of landing a payout. The promotion is simple: instead of the usual payout for the first two or three places, Betfred will pay out on additional places, meaning that you could still win even if your selection finishes fourth or fifth.

But why do bookmakers offer extra places? The simple answer is that it’s a way to attract more customers. With so many bookmakers to choose from, it can be difficult to decide which one to use. Extra place offers can be a deciding factor for some punters, as it gives them a better chance of winning without having to place a larger bet.

Here’s a table comparing Betfred’s extra places offer with a few other popular bookmakers:

Bookmaker Extra Places Offer Eligible Races
Betfred Up to 4 places on selected races Varies by Race
William Hill Up to 4 places on selected races Varies by Race
Paddy Power Up to 6 places on selected races Varies by Race
Betfair Up to 5 places on selected races Varies by Race
Ladbrokes Up to 5 places on selected races Varies by Race

As you can see, Betfred’s extra places offer is fairly similar to those offered by other bookmakers like William Hill, Betfair, and Ladbrokes. However, Paddy Power stands out by offering up to 6 places on selected races, which is more than any of the other bookmakers listed here.

It’s worth noting that the number of extra places offered by each bookmaker can vary depending on the race and the number of runners. For example, if there are only eight runners in the race, the bookmaker may only offer an extra place for the top three finishers. Some bookmakers may also have specific terms and conditions that you need to be aware of before taking advantage of their extra places offer. As always, it’s important to read the fine print and do your research before placing any bets.

Another important factor to consider is the odds. Bookmakers will often reduce the odds for the extra places, so you may not receive as much of a payout as you would for a normal bet. However, the increased chances of winning can outweigh the lower odds, especially if you’re betting on a horse with longer odds.

So the extra place offers can be a valuable tool for horse racing punters. They offer a better chance of winning without having to increase your stake, and can be a deciding factor when choosing a bookmaker. Just be sure to read the terms and conditions carefully, and keep an eye on the number of runners and the odds to ensure you’re getting the best value for your money.

Another popular feature of Betfred is its “Goals Galore” bet, which allows you to bet on both teams to score in selected football matches. This is a unique and exciting way to bet on football, and it’s no surprise that it has become a favourite among Betfred customers.

In addition to its sports betting markets, Betfred also offers a wide range of casino games, including slots, table games, and live dealer games. The casino is powered by some of the leading software providers in the industry, such as Playtech and Microgaming, so you can expect high-quality graphics, sound, and gameplay.

Betfred also offers a variety of promotions and bonuses to its customers, including free bets, enhanced odds, and cashback offers. These promotions are designed to reward loyal customers and provide extra value for their bets.

They also have a strong presence in the community, sponsoring a number of sports teams and events. For example, the company is the official betting partner of the Scottish Professional Football League, and it sponsors the Betfred Cup, which is a major football competition in Scotland. Betfred is also involved in a range of charitable initiatives, such as the Betfred “Back a Winner” campaign, which supports local charities and community projects.

Having a look at some other comparisons between the top Bookmakers:

William HillBet £10 Get £30 in Free BetsWide range, including football, horse racing, and tennisYesYesDebit/credit cards, e-wallets, bank transfers

Bookmaker Welcome Bonus Sports Markets Live Betting Mobile App Payment Options
Betfred Bet £10 Get £30 in Free Bets + 60 Free Spins Wide range, including football, horse racing, and virtual sports Yes Yes Debit/credit cards, e-wallets, bank transfers
Ladbrokes Bet £5 Get £20 in Free Bets Wide range, including football, horse racing, and basketball Yes Yes Debit/credit cards, e-wallets, bank transfers
PaddyPower £20 Risk-Free First Bet Wide range, including football, horse racing, and Gaelic football Yes Yes Debit/credit cards, e-wallets, bank transfers

Betfred also offers a wide range of payment options to its customers, including debit and credit cards, e-wallets, and bank transfers. The company uses advanced encryption technology to ensure that all transactions are safe and secure, giving customers peace of mind when it comes to their financial information.

In addition to its sports betting and casino offerings, Betfred also has a dedicated virtual sports section. Virtual sports are computer-generated simulations of real-life sports events, and they offer a fun and exciting way to bet on sports all year round. Betfred’s virtual sports section includes a variety of sports, such as football, horse racing, greyhound racing, and cycling.

Betfred is also known for its strong commitment to responsible gambling. The company has a range of tools and resources available to help customers manage their betting habits, such as deposit limits, time-out periods, and self-exclusion options. Betfred also supports a number of charities and organizations that are dedicated to promoting responsible gambling.

In summary, Betfred is a well-established and respected bookmaker that offers a wide range of features and services for sports bettors, casino players, and virtual sports enthusiasts. With its commitment to responsible gambling, strong community presence, and innovative features, Betfred is a great choice for anyone looking for a safe, reliable, and enjoyable betting experience.

About the author

John McAddams

Editor

John McAddams

Editor

John McAddams has been in the sports betting industry for 15 years, working with Flutter and Entain aswell as freelance work for various sports blogs he now lends his hand here at Findbettingsites. An expert on football and horse racing, John brings a wealth of experience and knowledge to our site.