Ben Adams

During 2024, Outplayed’s Pro and Pro Plus tools became more powerful than ever, and one member, Ellis11, has been making the most of it.

A long-time user of Outplayed and early tester of our new <a href="https://outplayed.com/blog/golf-master">Golf Master tool</a>, Ellis11 has quietly built up over £52,000 in profit using a combination of Pro and Pro Plus tools.

Ellis has been kind enough to share their journey, from getting started as a student to now operating with a five-figure bankroll and betting around 30 hours per week.

Whether you’re new to <a href="https://outplayed.com/blog/what-is-value-betting">value betting</a> or already using the <a href="https://outplayed.com/pro">Outplayed Pro</a> and Pro Plus tools yourself, there’s a lot to learn from Ellis’s approach.

From Student Side Hustle To Serious Profit

Ellis first discovered Matched Betting in early 2021 while studying at university and built up a bankroll from their profits before starting value betting with the Outplayed Pro tools last year.

“I started Matched betting through a friend of mine. I’ve now finished uni and work part-time, but I’ve been value betting since late 2024.”

Ellis has been an Outplayed member for over four and a half years now, steadily progressing from Matched Betting into more advanced strategies.

As of today, Ellis’s profit using the Pro Tools sits at over £52,000.

While Ellis uses most of the tools available through the Outplayed Pro membership, the main focus has been on:

Each plays a different role in the strategy, but the Steam Chaser is where most of the weekly turnover happens.

“I’ve made over £52,000 from the Pro Tools overall. The Steam Chaser is the one I use the most during the week.”

Ellis tracks everything carefully using both the in built profit tracker and spreadsheets to manage results. Check out some of Ellis’s results so far:

Steam Chaser: 1762 bets placed using the Steam Chaser making a total profit of £20841.61

Extra Place Master: 6675 bets placed using the Extra Place Master making a total profit of £26724.15

2UP Master: 538 bets placed using the 2UP Master making a total profit of £3335.48

When it comes to Steam Chaser, Ellis sticks to a focused setup and avoids cluttered markets.

“I mainly bet on Football and Basketball, but mostly football. I turn off half-time results and avoid corners/bookings. I focus on Match Result, Handicaps, and Match Totals.I have found a lot of success with Asian handicaps, especially 0.0 (also known as Draw No Bet)."

Ellis also configures these Steam Chaser filters to the following:

Markets: Winner, Handicaps, Match Totals

As one of the early testers of the <a href="https://outplayed.com/blog/golf-master">Golf Master</a>, Ellis has already seen encouraging results, despite some near misses.

“The Golf Master is a great way to get value on weekly golf tournaments, especially majors. So far, I’ve made £289 profit with an expected value (EV) of £679.I’ve been unlucky recently - finished 2nd in four straight tournaments - but the EV is there.”

A Week In The Life: Time, Setup, And Routine

Ellis treats this like a serious side hustle - putting in around 30 hours per week.

“I usually bet between 9am–12pm, especially on Saturdays.&nbsp;That’s where most of the value is. I also target big events like Cheltenham, Royal Ascot, and the start of the football season.”

It’s also good to hear Ellis’s set-up is refreshingly simple:

“I just have a laptop and phone. That’s all I’ve used since I started.”

Ellis now manages the following separate bankrolls across different value betting strategies:

Ellis uses quarter Kelly staking to stay consistent and to manage variance during the inevitable downswings.

“My biggest downswings were around £4,600 on horses and £4,800 on Steam Chaser. It’s tough, but I stay focused on getting EV. Long-term, it evens out.”

Avoiding Gubbings And Protecting Accounts

When it comes to <a href="https://outplayed.com/blog/top-tips-to-avoid-being-gubbed">avoiding being gubbed</a> and account longevity, Ellis takes a cautious but deliberate approach:

“On new accounts, I start slowly - I take lower-value bets and mix in some mug bets. Over time, I’ll gradually increase my stake size and go after more valuable bets.I also avoid huge EV bets, like 130%+, as I think those get flagged more easily.”

With over four years of experience and more than £50k in profits, Ellis’s advice is clear and grounded:

“Pick a strategy and stick to it. Focus on grabbing as much expected value (EV) as possible and don’t give up when you hit a bad run.&nbsp;Preparation is everything. Make sure you have accounts opened and money ready. You need to be quick to get the best prices.”

From a student just starting out to a serious bettor with tens of thousands in profit, Ellis’s journey is a brilliant example of what’s possible with the right tools and consistent effort.

The value betting tools, like Steam Chaser, Extra Place Master and Golf Master, are powerful - but they work best in the hands of someone who treats value betting with discipline and patience.

If you’ve got your own success story to share, we’d love to hear it. Just reach out to the <a href="https://outplayed.com/contact">Outplayed team</a> or post in the forum.

How This Long-Time Member Made £52,000 From Value Betting Alone Last Year

Outplayed’s Golf Master is a powerful tool designed to help you take high-value each way bets on golf.

Available exclusively to Outplayed Pro Plus members, it’s built for advanced bettors who want to extract value from bookmaker odds each week.

If you’ve ever used the <a href="https://outplayed.com/blog/extra-place-master">Extra Place Master</a> in No Lay mode, you’ll feel right at home.

The Golf Master works in a similar way, but specifically for golf, by analysing every player in a tournament and highlighting which bets have the highest <a href="https://outplayed.com/blog/what-is-expected-value">expected value</a> (EV).

That means no more guesswork. Just clear, data-backed bets that show which golfers are worth backing.

In this post, we’ll break down how the Golf Master works, when to use it, and how it can help you consistently place smarter, more profitable bets each week.

The Golf Master scans upcoming golf tournaments to calculate the expected value (EV) of each golfer.

Once calculated, the bets are listed in order of EV, so the most profitable opportunities appear right at the top.

You don’t need to work out the maths yourself or second-guess which odds might be worth taking.

The Golf Master is intuitive to use, and filters make it easy to focus on the bookmakers, tournaments, and EV ranges you care about.

It cuts through the noise and highlights real high value bets allowing you to take a large amount of value in a short space of time across a wide range of bookmakers.

The Golf Master is designed to be used before a tournament begins, typically between Monday and Thursday morning (depending on when tournaments begin).

This is when markets begin to form. Bookmakers often include additional extra places for golf due to the high number of players in each tournament; these extra places often mean there is even more value available.

You can place golf bets at any time of day - morning, afternoon, or evening - as long as it’s before the tournament tees off. Once play begins, bets will no longer appear on the software as the tool doesn’t support in-play betting.

The Golf Master is a <a href="https://outplayed.com/blog/what-is-value-betting">value betting</a> tool for no lay betting, so it's best suited for those comfortable with variance. That means you won’t win every bet, and that’s expected. But by consistently taking +EV bets, the long-term edge is firmly in your favour.

If you're new to value betting, start small and build gradually. Always double-check that the bookmaker is still offering the number of places shown in the software before placing your bet.

One of the biggest advantages of golf betting is how stable the markets are compared to horse racing.

In horse racing, odds can move rapidly, especially an hour or so before the race.

With golf, odds tend to hold steady for much longer, giving you more time to find and place value bets without feeling rushed.

This makes the Golf Master ideal for placing bets around your schedule.

You don’t need to be glued to your screen waiting for the perfect moment; you can scan the software, filter by your preferred bookmakers, and place your bets at any time of the day before the tournaments start.

Here are a few tips to help you get the most out of the Golf Master:

These habits will not only help protect your accounts but they’ll also ensure you’re consistently getting the best value available.

The Golf Master unlocks a high-value betting opportunity in a sport many people have never profited from before.

It finds huge +EV each-way bets across golf tournaments, all without needing free bets, promotions, or complex strategies.

You can even use gubbed or restricted accounts, making it ideal for those looking to get more out of accounts they thought were finished.

Because golf runs all year round, the value doesn’t stop and with stable odds, flexible timing, and a fresh new edge, the Golf Master adds a profitable new layer to your value betting strategy - one that’s easy to overlook, but hard to ignore once you see the returns.

The Golf Master: Take Massive Value Every Week

Lynsey Thompson

Golf is one of the most popular sports worldwide, for playing, spectating and <a href="https://outplayed.com/blog/sports-betting-guide">betting</a>.

As one of the oldest sports in the world it has a rich history full of tradition and iconic tournaments. Its popularity means the sport attracts large television audiences, huge sponsorship deals and substantial prize money.

Tournaments take place all year round on a global scale and include both individual events and team events too. Many of them take place over several days, there is, therefore, a vast range of betting opportunities and varied betting markets too.

New tools such as the&nbsp;<a href="https://outplayed.com/blog/golf-master">Golf Master</a>&nbsp;have made finding high value golf bets much easier.

Before we take a closer look at golf betting markets, tournaments, and what you need to consider when golf betting, we’ll give a brief summary of golf rules and scoring.

Golf is a club and ball sport played on a large grassed area called a golf course.

Every golf course is different, there's no standard size or layout, and this is deliberate to provide a series of varying challenges for players. However, professional events are usually played on an 18-hole golf course.

Each hole has a start point (teeing ground or the tee) and a finish point which is the cup hole and this sits on a short-grassed area known as the green or putting green.

In between the teeing ground and the hole is the ‘fairway’ which is a large stretch of grass that players aim to land their ball on while travelling to the hole. However, there is also hazardous terrain that the players have to navigate including sand bunkers, lakes, rocks, trees and long grass known as the ‘rough’.

The aim of the game is to get the ball from the tee-off area into the hole in as fewest strokes as possible. Every hole is played independently, but a full round of golf is all 18 holes, and so overall the aim is to make the smallest number of strokes over the full round.

Golf matches can be played with two, three or four players in opposition to each other or in teams depending on the event and the format and betting markets vary for each.

There are two different formats for golf scoring – stroke play and match play. Stroke play is the most common form of scoring in elite events.

Stroke play is basically how many strokes a player takes to get around a full 18-hole golf course and this is where par comes in.

‘Par’ is the expected amount of strokes that it takes to complete a golf hole or a golf course.

If a hole is expected to be completed in four strokes, then it is said to be a par 4. Likewise, less challenging holes will be a par 3 and more challenging holes will be par 5.

The par of a hole is determined by the length between the teeing ground and the hole, as well as things such as altitude, terrain and obstacles.

Golf scoring is completely centred around the par of a golf course. All players start on zero and they pick up and lose points based on whether they are playing on par, below par, or above par.

For example, if the first hole on a golf course is par 3 and a golfer completes the hole in three strokes, then their score will remain as zero. If the player completes it in two strokes, the score would be -1. If the player completed it in four strokes, then their score is +1.

A typical 18-hole golf course will have a total par around 72, although this can differ. This means that proficient golfers are expected to get around the full course in 72 strokes of the golf club.

If a golfer takes 75 strokes to get around the course, then their overall score will be +3 or three over par. If they complete it in 70 strokes, their final score will be -2 or two under par.

Golf scoring is one of the biggest golf betting markets you will find, so it’s vital that you understand the scoring system in order to make suitable bets.

In men's major championships the <a href="https://en.wikipedia.org/wiki/Lowest_rounds_of_golf">lowest recorded round of golf is 62</a> which has been achieved by a handful of players.

In the first round of the 2024 PGA Championship, Xander Schauffele became the first golfer to record a round of 62 twice in a major championship.

Golf has some unique terminology when it comes to particular scores and these feature heavily in betting markets. Here are some of the most common terms:

A hole score equal to the par of the hole e.g. 3 strokes on a 3 par hole. This has no effect on the overall score.

A hole score which is one under the par of a hole e.g. 2 strokes on a 3 par hole or 3 strokes on a four par hole. This will result in a -1 on the players score.

The term was apparently coined back in the 1890’s on a New Jersey golf course when a golfer accidentally hit a bird with one shot and completed the hole in one less stroke. His opponents said he’d scored ‘a bird’ and the term stuck.

The perfect round of golf is considered to be a 54 on a 72 par course, which would be a birdie on each hole but no player has ever recorded one in a pro tournament.

A hole score which is two under the par of a hole e.g. 2 strokes on a 4 par hole or 3 strokes on a five par hole. This will result in a -2 on the players score. The term ‘Eagle’ is a continuation of the ‘birdie’ terminology but using a bigger bird for a better score.

A hole score which is three under the par of a hole e.g. 2 strokes on a 5 par hole or a hole-in-one on a 4 par hole. This will result in a -3 on the players score. The Albatross obviously continues the bird theme in name, but it is also known as a double eagle in the US. This shot is extremely rare but does happen.

A hole score which is four under the par of a hole e.g. 1 stroke on a 5 par hole. This is the rarest shot in golf and can also be known as a double Albatross or triple eagle. It is so rare, that usually bookies won’t offer betting markets on it.

A hole score which is one over the par of a hole e.g. 4 strokes on a 3 par hole or 5 strokes on a 4 par hole. This will result in a +1 on the players score.

The term came from a golf club in Great Yarmouth in England back in the 1890’s based on the phrase ‘the bogey man’. Instead of par, the golfers played against an imaginary player ‘Colonel Bogey’ who had a predetermined number of strokes on each hole. It then led to one over par being known as a ‘bogey’.

A hole score which is two over the par of a hole e.g. 5 strokes on a 3 par hole or 6 strokes on a 4 par hole. This will result in a +2 on the players score.

A hole score which is three over the par of a hole e.g. 6 strokes on a 3 par hole or 7 strokes on a 4 par hole. This will result in a +3 on the players score. This would only usually occur if the golfer had hit particularly bad terrain and dropped shots trying to get out of the rough or sand bunker.

This is a popular betting market, despite it happening rarely. It refers to a player completing a hole in one single shot from the tee to the hole.

Sometimes called an ‘ace’, hole-in-ones usually happen on par 3 holes as most par 4 and par 5 holes are just too long. However, there are seven documented cases of hole-in-ones on 4 par holes in the professional game, so it is possible.

Although only used in a couple of tournaments, most prominently in the Ryder Cup, it is worth mentioning match play golf scoring as you will find betting markets on it.

Match play is a scoring system where a player, or team, earns a point for each hole in which they beat their opponents. If Team A scores par and Team B scores a birdie, then rather than the individual strokes being counted, the hole will go down as a 1-0 win for Team B.

The overall 18 hole golf course, therefore, turns into a Best of 18 format, with the first player or team to win 10 holes being the winner of that round. In big tournaments, there will be several rounds played in this format.

Golf is basically a series of tournaments that take place all year round, all over the world, organised by different golfing bodies.

Regardless of event, many of the betting markets are similar and we’ll take a look at some of the most common ones below.

This is a bet placed on who you think the overall winner of a golf tournament will be. Outright winner betting markets are usually available well in advance of the event. Generally, the earlier you place a bet, the better the odds will be.

For individual events, you bet on the player you think will win. For team events, you bet on which team.

It is also possible to place each way bets, and in the bigger tournaments some bookies offer each way bets up to 10 places.

If you think a player will be in the mix at the top of the leaderboard, but aren’t sure they’ll win it, then a Top 5, Top 10 or Top 20 Finish bet is a good option. This can give better returns than an Outright each way bet.

Most golf tournaments take place over multiple days and several rounds. You can therefore place bets on each round as well as the overall event. For example, you can bet on who you think the Round 1 winner will be and this can throw up some excellent odds for the outside golfers. It is not unheard of for a lesser ranked golfer, or even an amateur golfer, to have a great round one and top the leaderboard.

Bookies will offer betting markets on scores, usually with an under/over format. For example, on a 72 par course, they might offer a betting market on the winning score being over or under 67.5, and they will offer similar markets for individual player scores.

Another score market is betting on the number of strokes a tournament winner will triumph by. In team events such as the Ryder Cup, you can bet on what the margin will be between the two team scores.

You can bet on whether you think a hole-in-one will occur in a tournament, whether it will be in a specific round or whether a certain player will score one. There are also betting markets for other scores such as birdies, eagles or bogies in terms of how many will feature in a round or tournament.

Although the majority of golf tournaments are played individually, you will find betting markets that pit two players against each other. The odds are based on a head-to-head match-up such as whether one of the players will score better than the other in a specific round, or which player will finish higher overall than the other.

With golfers being from all across the globe, you can find betting markets on what nationality you think the winning player will be. You can also bet on who you think the top player of one nationality will be e.g. the highest finishing US player in a tournament.

The biggest golf tournaments such as the four majors have a cut-off point that golfers have to meet in order to continue participating. In four day events, this usually happens after the second day. Betting markets are therefore offered for whether you think a golfer will make the cut or not.

Golf is a great sport for in-play betting as the momentum can swing hugely from hole to hole. There are an abundance of in-play markets such as which player will do the longest drive, who will be closest to the pin, or who will score the next birdie for example. Plus, because players have to move from one hole to the next it does give time for in-play bets to be placed.

A key factor when betting on any sport is to secure the best odds available to you.

The better the odds you take, the more value you're going to get back.

You can use a betting odds comparison site such as&nbsp;<a href="https://www.oddschecker.com/golf">Oddschecker</a>&nbsp;to find the best available golf odds at any bookmaker.

Oddschecker shows the odds you can use at various online bookmakers so you can quickly see which site is offering the best golf odds on any given bet.

The best odds are shown in bold allowing you to easily identify the <a href="https://outplayed.com/blog/what-is-expected-value">best&nbsp;value bets</a>.

You can search and compare a whole range of golf betting markets too.

There are several professional golf tours that make up the schedule of tournaments each year. The PGA Tour, European Tour, LIV Golf and LPGA Tour are the biggest, but there’s also several more.

When it comes to golf betting markets, there are some key tournaments each year that offer the biggest range of betting lines and the best odds too. These are the four annual golf majors and the Ryder Cup and we’ll take a look at these below.

Taking place in April, The Masters is the first major of the year and it takes place on the same course each year – the world famous Augusta National Golf Club in Georgia, USA.

The Masters has the smallest field of all the majors with under 100 golfers, and winners of this prestigious event receive the famous green jacket.

The tournament takes place over four rounds of golf over four days from Thursday to Sunday. The first two rounds are played in groups of three, before the cut to the top 50 players, and the last two rounds are played in twos. The betting markets are vast for each round and for the tournament overall.

The Ultimate Golf Betting Guide

Extra place offers are one of the most lucrative types of reload offers that you can use to take huge value and make significant profits.

Apart from being incredibly profitable, the beauty of extra place offers is that they’re available to everyone daily and you can use your gubbed accounts to profit from them.

Extra place offers are considered to be a more advanced type of Matched Betting reload offer and we, therefore, tend to recommend you only begin to look at starting them once you’re confident at the basic-intermediate level reload offers such as <a href="https://outplayed.com/news/matched-betting/matched-betting-horse-racing-money-back-if-x-offers">horse racing refunds</a> and <a href="https://outplayed.com/blog/price-boosts-enhanced-odds-offers-what-they-are-and-why-you-should-be-doing-them">price boosts</a> for example.

You’ll also want to build up a decent-sized <a href="https://outplayed.com/blog/matched-betting-bankroll">Matched Betting bankroll</a> of at least £1000 - £2000 before jumping in.

This guide will teach you all about how extra place offers work and provide you with everything you need to know to help you make huge profits this year.

What Is A Horse Racing Extra Place Offer?

An extra place offer is when a bookmaker states they will pay out on more places than usual, for example, the top four instead of the normal top three places.

Bookmakers do this to entice punters to bet with them instead of their competition.

In most standard horse races the bookmakers and betting exchanges classify a horse finishing the race in 1st, 2nd or 3rd position as “placing”.

In races with large numbers of horses running some bookmakers may also classify a horse finishing the race in 1st, 2nd, 3rd or 4th position as “placing” as well.

The same occurs in races with a small number of horses too. In this instance, some bookmakers will drop the standard number of places to just 1st and 2nd.

The bookmakers and exchanges will state for each specific horse race what they consider to be the standard number of places for that race.

Anytime a bookmaker offers to pay an extra place to their standard place classification is considered an extra place offer.

So, for example, they may offer to “pay 4 places on a race” instead of the standard 3 places. The 4th position in this instance is then the “extra place”.

On races with larger numbers of horses in, they may offer to “pay 5 places on the race” instead of their normal 4 places. The 5th position in this instance is then the “extra place”.

During big horse racing festivals like <a href="https://outplayed.com/blog/matched-betting-cheltenham">Cheltenham</a> some bookmakers offer to pay out for two or more extra places on a race.

As an example of this, they may offer to “pay 5 places on a race” instead of the standard 3 places. The 4th and 5th positions in this instance will then be considered as the “extra places”.

Betting exchanges such as <a href="https://outplayed.com/matchbook">Matchbook</a> have multiple place markets giving you a choice of which to use.

For this particular race, you can bet on a horse to finish:

There are several ways you can use Matched Betting to profit from extra place offers with a varying degree of risk. To begin with, we’ll focus on the traditional and lowest-risk strategy known as the “full lay” method. We’ll look at the higher-risk strategies later on in the article.

You can take value from extra place offers because the number of paid places by the bookmaker is greater than the betting exchange place market.

When the odds are close between a bookmaker and a betting exchange, you can take advantage of extra place offers by placing three bets.

1. An each-way back bet at the bookmaker

2. A lay bet on a betting exchange “Win” market

3. A lay bet on a betting exchange “Place” market

By doing this, you create a very low-risk chance of a high return if the horse you choose to bet on finishes the race in whatever the “extra place” position is on that race.

If the 4th position in a race is the “extra place” and your horse finishes in that exact position – you make a profit.

If the horse doesn’t finish in that exact extra place position then you’ll make a small loss as you would with most types of qualifying bets in Matched Betting.

Your accumulated small qualifying losses will add up when you go on periods where your horses don’t come in at the “extra place”, however, over the long run the large profit you’ll make each time your horse does finish in the “extra place” will greatly outweigh the small losses. This is a long-term strategy and how profitable extra place betting works.

How Do Matched Betting Extra Place Offers Work?

To understand how extra place offers work you’ll first need to be confident placing each-way bets at the bookmakers and laying off these each-way bets at a betting exchange too.

An each-way bet is two bets combined as one.

Half the total stake is being placed on the selection to win.

The other half is placed on the selection to place.

More specifically, in horse racing, it’s a bet on the horse to win AND a bet on the horse to place.

If you place a £5 each-way bet on a horse, the total cost of that each-way bet is £10. This is because £5 is on the horse to win and the other £5 is on the horse to finish in any of the place positions.

The odds for each horse to win are displayed in the bookmaker’s main race market. The place part of the bet is paid out as a fraction of these odds, typically one-fifth (⅕) of the win odds and sometimes a quarter (¼) of the win odds in smaller field size races.

In this race, the place odds are ⅕ of the win odds and the place positions are 1st, 2nd, 3rd and 4th indicated by the 1,2,3,4 listing.

When Matched Betting these offers you won't need to understand how these place odds are calculated as you’ll be using simple <a href="https://outplayed.com/calculators/each-way-calculator">each-way calculator</a> that do all the work for you.

To place an each-way bet, you need to select the odds for your horse in the normal bookmaker “win” market to add your selection to the bet slip.

You can then select that the bet will be an each-way bet in the bet slip. This is usually with a check-box, slider or similar but is always an option whenever an each-way bet is possible.

Remember that whatever amount you enter in the bet slip - your total stake will be double this amount. So if you want to place a £5 each-way bet, you’ll enter £5 as your stake and when you select the each-way option the total stake will be £10.

To lay off an each-way bet that you’ve placed at a bookmaker, you must place two separate lay bets at the betting exchange.

Specifically - one lay bet on the win market, and one lay bet on the place market. This is because the each-way bet is essentially two bets in one - so you need to lay both parts off.

The each-way calculator will show you exactly what lay stakes you must use to lay off your each-way bet depending on the odds you used and the odds available at the betting exchange.

You can then copy the lay stakes and head to the win market and place market to place your two separate lay bets.

In most cases, you’ll be using the place market that pays one place less than the amount of places offered by the bookmakers. For example, if the bookmaker is offering to pay out on 4 places, you’ll use the “Place (3)” market to lay off the place part of your each-way bet.

There may be occasions where you can use the other place markets to your advantage - if a race is offering to pay 5 places for example, you have the choice to use the “Place (4)” market to lock in a smaller qualifying loss to leave 5th place as the extra place position or use the “Place (3)” market to take a higher qualifying loss but have two extra places positions of 4th and 5th to hit.

You make a profit if your horse finishes in an extra place position due to the difference in the “place” classification between the bookmaker and the betting exchange.

You can see in this example, that you would make a 20p qualifying loss if your horse finished in any other position than 4th (the extra place).

If your horse did finish exactly 4th, you’d make a £15.80 profit.

Your implied odds are around 80 which is calculated by dividing the potential profit by the qualifying loss. This gives you the effective odds you’re getting by placing this each-way bet and laying it off.

Considering the horse is priced at odds of 12.0 (11/1) to win the race, your odds of 80.0 (79/1) to finish 4th are exceptional value! So even though you won't hit the extra place every time - by consistently taking high-value bets like this, you’ll ensure that you make a profit in the long run.

Although there are many extra place offers available most days, they are not all profitable. It’s important to know what bets are worth it or not.

There are three main ways you can use to find profitable extra place bets.

You can use a free odds comparison site such as Oddschecker to compare odds between bookmakers and betting exchanges and enter them into the <a href="https://outplayed.com/calculators/each-way-calculator">each-way calculator</a> to see if an extra place bet is worthwhile.

Oddschecker displays the each-way terms of each bookmaker so you can see which sites are offering an extra place. In this case, you can see Sky Bet offering 5 places at ⅕ of the odds for the place part whereas most others offer 4 places at ⅕ of the odds.

This is a free way to find extra place bets but can be very time-consuming with no guarantee of finding any profitable opportunities.

<a href="https://outplayed.com/">Outplayed’s</a> Extra Place Catcher is an advanced Matched Betting tool (available with <a href="https://outplayed.com/blog/our-membership-levels-explained">Platinum and Diamond memberships</a>) that assists you in maximising profits from horse racing extra place offers by helping you quickly find low-cost odds matches for extra place each-way bets.

The Extra Place Catcher shows all the races that have extra places available and calculates the stakes required for each stage of the backing and laying process.

The software allows you to quickly see the implied odds, qualifying loss and extra place profit at a glance to help you identify which bets are worthwhile and which are not.

Once you have placed an each-way back bet you can copy the lay stakes shown on the software for the win and place lay and lay your extra place bet at a betting exchange.

The Extra Place Master (available with <a href="https://outplayed.com/pro-upgrade">Outplayed Pro</a>) is by far the most superior extra place tool in the Matched Betting industry for helping you identify profitable bets.

The software can accurately forecast the probability of a horse securing an extra place which means you can find consistent high-value bets.

The main difference between the Extra Place Catcher and Extra Place Master is that the former relies on using implied odds as the main indicator of whether a bet is good value or not.

Whilst implied odds can sometimes help to find value, the problem is that this doesn’t take into consideration how likely it is that a horse will achieve that extra place position.

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How This Long-Time Member Made £52,000 From Value Betting Alone Last Year