Paying 4 Places Instead of 3 Meaning Explained

If you’re new to betting, seeing terms like “paying 4 places instead of 3” might feel a bit confusing. This often pops up in horse racing, but what does it really mean?

In simple terms, it refers to how many horses will get a payout for placing. While traditionally payouts occur for the top 3 finishes, sometimes a fourth place is also included. This change can make a bet more appealing and increase your chances of a potential return.

What Does Paying 4 Places Instead of 3 Mean?

When a bookmaker announces “paying 4 places instead of 3,” it means they are extending the number of positions that qualify for a payout. Typically, bets usually pay out if a horse finishes in the top 3.

However, in this case, your bet can pay out if your chosen horse finishes in the top 4. This makes it slightly easier to receive a potential payout because an additional finishing position is included. This special offer can vary between events, so it may be a good idea to check the specific terms for each race. It provides an added benefit, making bets potentially more rewarding without changing the original stake.

How Many Horses Need To Run To Pay 4 Places?

The number of horses that need to run in a race to pay 4 places can vary. Typically, this offer is more common in larger fields.

In horse racing, bookmakers usually offer payouts for the top 4 places when there are at least 16 runners. This is because larger fields increase competition, making it more appealing for bookmakers to offer additional payouts.

Always check the terms of the race. The specific requirements for paying 4 places can differ between events and bookmakers.

When Do Bookies Pay 4 Places?

The decision to pay 4 places instead of 3 can differ depending on the bookmaker and the specific race.

Bookmakers often offer this for larger races with more runners. For instance, in races with at least 16 horses, it is common to see this extended payout.

Sometimes, bookies may also promote special events or festivals by paying 4 places to try to attract more interest from bettors. High-profile races like the Grand National, or major race meetings such as Royal Ascot might feature this offer.

To see if a bookmaker is paying 4 places, check their race terms and conditions. These details should be clearly listed, particularly during big racing events, or when bookies are running special promotions.

Keep an eye on announcements from your bookmaker to know when these offers apply, helping you make informed betting choices.

How Much Do You Win If Your Horse Comes 4th?

The amount you can potentially win if your horse finishes 4th depends on a few factors.

Firstly, it depends on the terms offered by the bookmaker. When they decide to pay out on 4 places, the odds for each place finish could be lower compared to standard place betting.

If you have placed an each-way bet, part of your stake goes towards a place bet. In this case, the payout for finishing 4th will be a fraction of the original odds.

For example, if the place odds are one-fourth of the win odds and the win odds are 8/1, then the place odds would be 2/1. So, if your horse comes 4th with these odds and you placed a £5 each-way bet (total wager £10), you would receive £10 (original stake) plus £10 (winnings), making a total of £20.

Always check the bookmaker’s terms and the rates offered for each-way bets to understand potential payouts. This can vary depending on the event and provided odds.

Please gamble responsibly.

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*All values (Bet Levels, Maximum Wins etc.) mentioned in relation to these games are subject to change at any time. Game features mentioned may not be available in some jurisdictions.