Are ladbrokes paying 5 places?
No. At Ladbrokes, punters can get paid out on up to four places for horse racing bets. Although the bookmaker usually pays out up to three places, customers will often find that the site advertises extra paid places on select events.
This means that when playing at Ladbrokes, how many places are paid out is determined by the event in question rather than a uniform number for all races.
Read on to learn what odds do Ladbrokes pay for a place.
What Odds Do Ladbrokes Pay For a Place?
The odds offered by Ladbrokes for a place compete with the top bookies on the market today. When betting at Ladbrokes, each way bets split your stake into two parts: one half goes towards the horse winning the race, the other half attributed to the horse finishing in the top three or four positions.
If you were to place an each way bet on a particular horse that failed to finish first but remained within the top four places, half of your wager will be paid out. However, should the horse both fail to win and miss out on the top four positions, your bet loses.
The odds for place bets never remain the same – the only constant is that place bets will always be determined by splitting each way punts.
Ladbrokes Each Way Places – How Many Are Paid Out?
Depending on the race, Ladbrokes may pay out more than three places for each way bets. Essentially, the more horse participating in an event, the more Ladbrokes each way places paid out.
On some occasions, you might see Ladbrokes pay out on five or six places. This is an incredibly rare instance though and should not be expected from each event.
NOTE
On some occasions, you might see Ladbrokes pay out on five or six places. This is an incredibly rare instance though and should not be expected from each event.
Generally, you’re looking at a maximum of four places paid out. While no two odds will ever be the same, you can rest assured that Ladbrokes covers all the best-racing action throughout the year, such as:
- The Cheltenham Festival
- The Grand National
- Royal Ascot
- Ladbrokes Winter Carnival
- The Open
