Home News what is an each way bet how it can work for you on gold cup day at cheltenham

What is an Each Way Bet & How it Can Work for You on Gold Cup Day at Cheltenham



We sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy.
saturday racing tips

On Cheltenham Gold Cup day, smart punters are placing each way bets on the fourth and final day of the Festival?

What is an Each Way Bet

An each way bet is where you bet on a horse both to win a race but also place. That means the unit stake on the bet doubles. A £5 each way bet costs you £10 – £5 going on the win and then another £5 for the place.

While there are standard place terms that all horse racing betting sites follow, the bookies are often feeling generous at Cheltenham. In a race with four or fewer runners, each way bets can’t be placed. However, this wager is available on events with five or more horses competing.

If there are between five and seven runners, the place terms are a quarter of the outright win price on first and second. When eight or more horses take part, the least you can expect is three places. Depending on the size of the field and type of race, the fraction of the outright win is either a quarter or a fifth.

How an Each Way Bet Can Work for You on Gold Cup Day

There are plenty of large fields declared on Gold Cup day, so expect plenty of what they call extra place races on the final day of the Festival. Some bookies don’t just play on first, second and third on the big race but fourth and even fifth place.

The reason why top betting sites do this is simple. They want to attract betting interest on the Cheltenham Gold Cup but it doesn’t stop there. There is a lot of attention on the big race, which they call the blue riband event of steeplechases because the best jumps horses take part.

Away from the Gold Cup, there are a number of other races on the card which pay extra places. The County Hurdle (2:10) often sees the bookies offer six, seven and even eight places. This Grade 3 handicap over an extended 2m is a tricky one for punters.

Prior to that, there is also the Grade 1 JCB Triumph Hurdle (1:30). The best four-year-old hurdlers in training take part in the race. Some bookmakers pay on fourth place here, again as incentive to get you to bet.

Just before the Gold Cup, the Grade 1 Albert Bartlett Novices Hurdle (2:50) over 2m also has a big field. There are four and five places on offer for this race.

Despite just a final field of 11, the Cheltenham Gold Cup itself (3:30) is an extra place race for each way bets too. Most bookies have four places available overnight here.

A race for amateur jockeys, the Festival Open Hunter Chase (4:10) that follows the Gold Cup pays four or even five places. Finally, the Martin Pipe Conditional Jockeys Handicap Hurdle (5:30) that brings the curtain down on the Festival has five and even six places on offer.

Each Way Cheltenham Tips for Gold Cup Day

These are SportsLens experts’ Cheltenham tips for Gold Cup Day for those looking for an each way bet or two:

  • 1:30 JCB Triumph Hurdle – Porticello (4 places) @ 14/1 with Virgin Bet
  • 2:10 County Hurdle – Tax For Max (5 places) @ 18/1 with Virgin Bet
  • 2:50 Albert Bartlett Novices Hurdle – Shantreusse (4 places) @ 10/1 with Virgin Bet
  • 3:30 Cheltenham Gold Cup – Royale Pagaille (4 places) @ 12/1 with Virgin Bet
  • 4:10 Festival Open Hunters Chase – Cousin Pascal (4 places) @ 14/1 with Virgin Bet
  • 5:30 Martin Pipe Conditional Jockeys Handicap Hurdle – Banbridge (5 places) @ 12/1 with Virgin Bet

Bet £10 Get £20 In Free Bets

Visit Virgin Bet
New members. £10 min deposit & bet on sportsbook, placed & settled at 1.5 min odds within 14 days of sign-up. Win part of E/W bets. 2 non-withdrawable £10 Free Bet Tokens: accept in 7 days, valid for 7 days from acceptance (ex. E/Ws & Multiples), stakes not returned. Click here for Rules & Exclusions. Bet Responsibly. BeGambleAware.org

More Cheltenham Free Bets Here

More Filter Close Filter
Sort By
13 Bookmakers that match your criteria...

Bet £25 Get £36 In Free Bets

Claim Bonus
Offer includes a free £1 Race Index spread bet to try out our exciting 50-25-10 race markets. Bet with live streaming on all racing and greyhounds!

Bet £10 Get £30 In Free Bets

Claim Bonus
T&C’s Apply. New customers on mobile only. 7 days to claim and stake £10 minimum bet at odds of 1.5 or greater to qualify. Free, void, cashed out or partially cashed out bets do not qualify. Max 3x £10 free bets credited on bet settlement. Free bets must be used on 4 or more selections with selection odds of 1.3 or greater. Free bets are non-withdrawable and stake not returned with winnings. 7 day expiry. 18+ BeGambleAware.org.

Bet £30 Get A £30 Free Bet

Claim Bonus
Register a new account with Fitzdares and place your first bet at odds of Evens (2.0) or greater and get a matched Free Bet, up to £30. This offer applies to accounts who have joined from 08/02/22 only. This offer is only valid for new UK and Irish customers referred by selected affiliate marketing partners and triggered through the unique tracking URL in this page.

Bet £5 Get £20 In Free Bets

Claim Bonus
New customers online only. Place your first bet on racing pools for a minimum of £5 and win or lose you will receive £20 Tote Credit. £20 Tote Credit rewarded as £10 redeemable against racing bets only and £10 redeemable against UK and Irish placepot bets only. Tote Credit cannot be withdrawn, exchanged, or substituted and expires after 7 days. Qualifying bet is the first racing pool bet added to the bet-slip. Ten to Follow, virtual and football bets do not qualify. Totewin will be the qualifying bet when a Totewin and a Toteplace bet are struck at the same time. New UK & ROI customers only. 18+. Full T&Cs apply.

Bet £10 Get £10 Free Bet

Claim Bonus
This offer is for new customers only and is available once per household. Max. FreeBet amount: £10 Minimum Deposit and wagering on sport to activate the Free Bet is: £10 Void/cancelled or cashed out bets do not count towards wagering to activate the free bet. Offer valid only to customers making a first deposit of £10 or more.

Bet £10 Get £30 In Free Bets

Claim Bonus
18+, UK only. Deposit and place a minimum £10 cash bet at single or accumulated odds of 1/1 or greater and you can qualify for up to £30 in free bets. Applies to first cash bet only. Free bets credited as 1 x £5 bet to use on Virtual Sports, the remaining Free bets shall be credited as 3 x £5 bets and a £10 Casino Bonus the next day. Cashed Out, Void or Draw No Bet wagers do not qualify for this promotion. Free Bets are credited upon qualifying first bet settlement. 7-day free bet expiry applies to all Free Bet awards. Available once per new customer. This offer cannot be combined with any other welcome or site promotion. Full T&C's apply.

Bet £10 Get £10 Free Bet

Claim Bonus
New customer offer only. A qualifying bet is a real money sports bet of at least £10 win or £0 each way at minimum fractional odds of evens (2.0 in decimal odds). We'll credit your account with 1 x 10 free bet upon settlement of qualifying bet. Promotion runs from 25/02/2022 until 31/06/2022. If this promotion is withdrawn it will not impact any qualifying bet you have placed during promotional period

Bet £10 Get £30 Free Bets

Claim Bonus
New UK, IE & Malta users only. Min. £10/€10 first deposit only using Debit Card or Trustly. Free bets expire in 90 days. T&Cs apply.

Bet £15 Get a £10 Free Bet

Claim Bonus
18+, Welcome Bonus: New Players only, 1st Deposit, Min Deposit,: £10, max £10 free bet valid for 14 days, bets must be placed at odds of 1/1 or greater and be settled within 14 days of placement. System bets not eligible. Neteller,Skrill and Paypal not eligible. T&Cs apply

Bet £10 & Get £30 In Cheltenham Free Bets + £10 Casino Bonus

Claim Bonus
Min deposit £/€/$10 • A qualifying bet is a ‘real money’ stake of at least £/€/$10 • Min odds 1/2 (1.50) • Free Bets credited upon qualifying bet settlement and expire after 7 days • Free Bet stakes not included in returns • Casino Bonus must be claimed within 7 days • To withdraw bonus/related wins, wager the bonus amount 40 times within 14 days • Casino Bonus expires after 60 days • Withdrawal restrictions, payment methods, country & Full T&C’s apply.

Get a Free Bet Up to £25 + 10 Free Spins

Claim Bonus
If your account has Sportsbook losses at the end of your first day's betting, QuinnBet will refund 50% of your losses as a Free Bet up to £25 (min 3 bets) Plus 10 Free Spins on Asgard Warriors. Even if your account is up, you're guaranteed a £5 Free Bet Plus 20 Free Spins provided you place at least 1 bet of £10 or greater at the minimum odds. T&Cs apply | 18+ New UK Customers Only | BeGambleAware.org

50% Up To £50 Welcome Bonus

Claim Bonus
18+ begambleaware.org; New bettors get 50% of deposit up to £50; Once per household; Min deposit £15 (no Skrill/Neteller); Wager a total of 8 times deposit + bonus, with max qualifying bet stake equal to your initial bonus amount; Bonus expires after 60 days; Min odds of 4/5 on singles, or 2/5 per leg for acca; Some bet types excluded; See full terms; See full terms; Terms apply; 18+

Bet £10 and Get a £20 Surprise Bet

Claim Bonus
New customers & 18+ only. Min. deposit of £/€10. Qualifying real money bet of £/€10. Min odds greater than or equal to 1.5 required. E/W bets excluded. Offer credited within 48 hours. Additional T&Cs apply. Please gamble responsibly