Horse Racing Extra Places (Top 4 Strategies For Matched Betting Explained)

[@Xchamonix1]

Have to say this is the best video i have seen on extra places strategies! thank you!

[@ProfitPineapple]

Thanks nana! Glad it helped 😃

[@roberthancox-mj3wl]

if you specifically target the extra place races find 4 overpriced horses the night before that are in those races add them to a Lucky 15(Back the lucky 15 each way) do all the lay bets and if luck is on your side you may get a double whammy win from all the doubles ,trebles/4 fold if it comes in to gain maximum value from placing the bets :)

[@W4ndererBen]

Another nice video with clear demonstrations! Only bit of advice would be to mention the stakes used and the liability that was required for the P&L you are displaying. A lot of beginners may just look at your QL and assume that's all they need in their bankroll but when you're staking £100 EW you're talking some serious bankroll to cover the liability, especially in the win market 😉

[@ProfitPineapple]

Cheers Ben, thanks for watching 👍 Yes absolutely, I always recommend people start on smaller stakes and build their way up to the larger stakes when they feel comfortable. I plan to make an extra place series in the future which walks through all the aspects of extra places in a step by step arbitrary format for beginners to learn from

[@ikechukwu6780]

Excellent video man! Really enjoy your content 🤙🏾

[@ProfitPineapple]

cheers mate, much appreciated!

[@paulsmith313]

Enjoy the videos - You sound like Tyson Fury - ANy boxing tips?!

[@ProfitPineapple]

Haha! I hear this quite a lot. Thanks for watching Paul much appreciated

[@luckfusy1268]

Hello there, love your videos. I have one question, in order to make profit, should it be any offer running on the bookmaker when I place my bets or i can make profit from regular extra places?

[@ProfitPineapple]

Hi there, you can make a profit with the vast majority of offers that bookmakers provide you with, predominantly free bets. :) This video is all about profiting from the extra place offer and the different strategies that can be applied. If you want to learn more about making money with bookmakers offers I've got a crash course that explains how it all works over on my website, feel free to check it out!

[@goodkarma9759]

Why is the extra place dutching done a spreadsheet. Surely odds matching software has the capability to do all the calculation. More room for error manually using a spreadsheet

[@ProfitPineapple]

Unfortunately I haven’t come across any odds-matching software for dutching extra places, this would certainly be an amazing feature. There is a traditional dutching matcher on OddsMonkey but this is only for standard 2 and 3 way dutching

[@michaeleast1949]

i think only betfair lay the 4 place market so for strategy 2 arbing you cannot use paddy. what kind of race / price do you find is best for the arbing?

[@ProfitPineapple]

Yeah that is true, unless there are really high profile races Betfair is the only place you will be able to get on a higher place market. With arbing look for ratings of around 90% +, change the place lay odds on the matcher to the odds that are displayed in the higher place market and in most cases this will provide the arb.

[@amxor1608]

Hi Liam. How do you find these close matches? I check the EP matcher regularly but never seem to find anything above 90%-92%

[@ProfitPineapple]

Hi there, these big matches pop up In the last 5 mins before the start of the race. It can be a little stressful at first as the odds move fairly quickly so best just to practice on small stakes until you comfortable

[@ChuckstaGaming]

@@ProfitPineapple Ah, that's why it's beneficial to have the notifications that OddsMonkey provides! Damn, I have an annual PA account!!! Sooooo tempted to sub to OM anyway.

[@MultiKinster]

Excellent video, cheers 😊

[@mrmarku]

So strategy 3 relies on multiple bookers doing extra place races or you need as many multiple accounts as horses?

[@ProfitPineapple]

Yep, statergies where all the horses are being covered require multiple bookmakers paying out on EPs or multiple accounts with the same bookmaker.

[@mrmarku]

@@ProfitPineapple so if you only had one account with say William hill how many horses would you cover with that book maker.

[@ProfitPineapple]

@@mrmarku it’s hard to give an exact answer, the rule of thumb is said to be to get on a maximum of as many horses as the bookie is paying out in EPs for that race

[@alandimery3379]

Intriguing video, thanks. I have been trying EP each ways for the past week. I rarely get a horse that is above 80% and have never seen one above 90%. What am I doing wrong please?

[@ProfitPineapple]

Best matches usually come within the last 5 mins before the race is set to start. This can be a little stressful when you first start EPs though, so I would recommend watching a few markets without placing any bets just to get a feel how they work. Once your comfortable, start practicing on small stakes👍

[@alandimery3379]

@@ProfitPineapple I just had a look through them for tomorrow and the highest is 88%. But you are saying that these will peak in the high 90's 10 minutes before the race? I always thought the 'implied odds' were a good indicator. Do you look at these at all?

[@ProfitPineapple]

@@alandimery3379 yep in the last 5/10 mins down to post this is where you will get the best matches. Before this nobody is placing any bets so the bookie can keep on top of their odds and keep their prices at poor value. I pay a little attention to imp odds, it’s recommend to take matches which have a higher implied odds than the back odds for maximum value!

[@alandimery3379]

@@ProfitPineapple thanks. Great stuff.

[@alandimery3379]

@@ProfitPineapple I have tried many times with this (strategy 1). I am seeing high 90%'s now but by the time I have entered all of the data into the various boxes, they have changed. They don't seem to stick around for more than a few seconds. Can you tell me if there any knack to it please?

[@davidedwards209]

For option one is there anyway at all to lay off some of the profit by betting other markets? Or can you adjust your stakes so you get more if they finish outside the extra place?

[@dudley2k6]

can this be done on normal each way races. if you lay one more place than the bookmaker is offering ?

[@PagaKnight]

Another really informative video! Just wondering with method 3, is there a chance of being gubbed if the bookie sees you betting E/W on every horse? Especially if you’re doing this a lot. Cheers!

[@ProfitPineapple]

Cheers pal👍 Yeah I certainly wouldn’t recommend using the same bookie to bet on each horse, you would need to make use of multiple bookmaker accounts using strategy 3.

[@scottstewart3123]

How have I only just come across this video 🔥 I've lost count of the amount of hours I've lost on a Saturday afternoon trying to get on Extra places, I presume you can do the ARB extra place strategy with smarkets or is it just Betfair ?

[@ProfitPineapple]

Generally just Betfair for the most part as they are a bigger exchange that offers more markets. Smarkets do often open up extra markets however this is generally more common at higher profile meetings

[@garywalker648]

Just to echo everyone else on here. Really enjoying your videos. How many horses (on average) do you get on a day?

[@ProfitPineapple]

Cheers Gary👍 This all just depends on the the races, each day can be different. Most races will present at least 1 opportunity for either strategy 1 or strategy 2

[@omogbolahanadeyemo5887]

With the first strategy, would I back the horses with the same bookers assuming I’m doing 3 or would I back the horses on 3 different bookers to prevent gubbing

[@ProfitPineapple]

The rule of thumb is to target no more horses than the number of places that the bookie is paying out on. For example, in a big 20 runner handicap, the bookie may be paying out on 5 or 6 places including the EP’s, you shouldn't exceed this number, although targeting less is of course better for the health of your account

[@MatchuCx]

How do you manage to find Arbs on the extra place catcher? I only ever seem to find QLs :-(

[@ProfitPineapple]

Hi there, I'm using OddsMonkey and the extra place matcher. Arbing can be achieved by changing the place market that your laying in on the exchange, this makes the place lay odds shorter and creates the arb. I've got a video on KZbin which explains this in more detail :)

[@MatchuCx]

@@ProfitPineapple ahhh so you actually don’t use what the calculator is saying and put your own odds in? Mate never even considered that, but is it a risk that it won’t match? Top work on the content by the way!!

[@ProfitPineapple]

@@MatchuCx yeah, all your doing is updating the place lay market odds on your EP software with the odds that are in the higher place market on the exchange. It's super simple but a great way of pulling out small profits from every race, as long as there is enough liquidity you won't have any problems getting matched.

[@MatchuCx]

@@ProfitPineapple got it, I will have a look in the morning as assume the odds will be a lot closer then. Thanks for the tip! Happy with the smaller profits of its constant

[@ProfitPineapple]

@@MatchuCx Yep, Fridays are normally really good for matches etc. Best opportunities usually come in the last 5 mins or so before each race!

[@board.games8]

Can you only do this with a Betfair account to change the place

[@ProfitPineapple]

Hi mark, For the most part different place markets are only offered on the Betfair exchange however at big meetings and on certain big races Smarkets may also open up other place markets aswell

[@board.games8]

Thanks I'm trying the dutching method as I've just joined odds monkey free trial 10 days can't get the spreadsheet to open. Drop me your link for the yearly subscription.

[@ProfitPineapple]

Much appreciated if you go through my link mate 👍 www.oddsmonkey.com/?

[@davegravy1842]

nice tips great video liam , i love the extra places makes it exciting when watching the race ,also B365 if your horse is over 4/1 and it wins free bet up to £50 for next race ,would like to know how you do your profit and loss spreadsheet im no good with exel , cheers keep them coming look forward to next video

[@ProfitPineapple]

Cheers Davy, much appreciated mate. I will be releasing a video in the near future all about the 4/1 offer, this is a great reload and I've also made quite a lot of profit from it! As for how I track everything, I generally make all my spreadsheets on google sheets using formulas, it certainly can be a little confusing if you're not used to building spreadsheets and stuff haha!

[@markusgreen1969]

great videos - learning a lot - but im guessing you have to have a large bankroll to benefit from these

[@ProfitPineapple]

Cheers Markus, I do have a larger bank roll which is very beneficial with covering the field and dutching but the positive EV method can still yield some pretty impressive profits on a smaller bank

[@ChuckstaGaming]

I'll be sticking with strat 1 (+EV). Doesn't strat 2 (arb) risk getting gubbed/banned? Strat 3 (covering the field) is too much hassle for my liking.

[@ProfitPineapple]

Strategy 1 is the most popular and is a great strategy to focus your attention on! With arbing EPs, generally you will be okay to do this with a bookie providing the prices that you take with them arent value prices therefore the value and the arb is comming from the place lay odds on the betting exchange.

[@GilderNebulus]

I still don't understand how the extra places spreadsheet works.

[@ProfitPineapple]

Hi there, check out my video on betting on every horse and guaranteeing a profit. That video covers the spreadsheet and its features in more depth.

[@BilalDjellab]

Hello Liam, been matched betting using PA for a couple of months now and stumbled across your videos. Will probably switch to OM now after your great videos. Was just wondering, for method 2, are you saying you back 4th place and lay 3rd place or the same place as in your other video here? ---> kzbin.info/www/bejne/bqmaZICvlLZ3ZrM Cheers mate!

[@ProfitPineapple]

Hey Bilab, Thanks for the kind words, much appreciated. With method 2 you are looking to back the same amount of e/w places as you lay on the betting exchange (like shown in the linked video). As your laying in the higher place market on the exchange, the odds will be shorter as its more likely that the horse will place, as a result of this you can very often get over a 100% match

[@BilalDjellab]

@UCTAj3vXr3Gq-voZQNRL%F0%9F%99%82%F0%9F%99%82%F0%9F%99%82e0Tg You're most welcome and thanks for your reply. I thought as much. Looking forward to watching more of your videos.

[@ninasteward234]

Great video 👏🏾