# How do "Each Way Extra"-style place options work? > How options that let a customer change the places or fraction on a race work, step by step, who publishes them and when they are unavailable. Source: https://eachwayatlas.uk/extra-places/customised-place-terms/ Updated: 2026-11-07 A place option lets the customer choose a different number of places or a different place fraction on a race, under the terms the operator publishes, instead of accepting the standard line. This page describes how it works in steps. On 7 November 2026 which operators offer one is Not verified, and the price of the trade-off is judged elsewhere. ## Facts to record Operators use their own names for these options. We record the name exactly as printed, because some may be trade marks, and we do not rename them. **Place options, UK racing: operators' offer and help pages · status on 7 November 2026** | Operator (candidate) | Name of the option as printed | Choices offered and limits | Value on 7 November 2026 | |---|---|---|---| | bet365 | Not verified | Not verified | Not verified | | William Hill | Not verified | Not verified | Not verified | | Betfair Sportsbook | Not verified | Not verified | Not verified | **The short version:** the names come from the operators, and a comparison across them waits for dated wording. ## How the option works, step by step The steps below are the general mechanism. We will correct any step that an operator's wording contradicts. 1. You select a horse in a race where the option is available. 2. The slip shows the standard places and fraction. 3. You pick another number of places or fraction from the choices the operator lists. 4. The slip updates the terms and, where the operator's rules say so, the price. 5. You confirm, and the place part is settled on the terms you chose. **The short version:** you pick the terms before the bet, and the settled bet follows the slip. ## When the option is not available An operator may restrict it by race type, number of runners or market, and may remove it after a withdrawal. Read the conditions on the slip, and see [the standard line on places and fractions](https://eachwayatlas.uk/each-way/places-and-fractions/) for the baseline. The two profiles that will hold each operator's values are [bet365 each-way terms](https://eachwayatlas.uk/bookmakers/bet365-each-way-terms/) and [William Hill each-way terms](https://eachwayatlas.uk/bookmakers/william-hill-each-way-terms/). **The short version:** availability is a condition of the race and the operator, not a fixed feature. ## Example You place £4 each way, total £8, on a horse at 9/1. You choose, on the slip, five places at a fraction of 1/5, and the horse finishes second. These terms are made up for the illustration and are not any bookmaker's. The place odds are 9/1 × 1/5 = 9/5, which is 1.8. The place part returns the £4 stake plus £7.20 profit, so £11.20. The win part loses £4. Net result: +£3.20. **The short version:** the place part is worked out on the fraction you selected, not on the standard one. ## Does the choice cost anything? Whether the choice comes with a lower price or fraction is the question of [do extra places cost you](https://eachwayatlas.uk/extra-places/do-extra-places-cost-you/). A table of options will be on [place-term options published by UK bookmakers](https://eachwayatlas.uk/data/custom-place-term-features/). Promotions with no customer choice are explained on [what extra places are](https://eachwayatlas.uk/extra-places/what-are-extra-places/). ## Before you bet 18+ only. Gambling can be harmful. National Gambling Helpline 0808 8020 133 (free, 24/7). More on [responsible gambling](https://eachwayatlas.uk/responsible-gambling/). ## How we checked No operator pages have been read yet. This page is published only if the operators whose options we describe hold an Active licence on the UKGC register, and only after we re-read UKGC press releases about those operators on the day of publication. The example is our own arithmetic on made-up terms. ## What changed 7 November 2026: page created with the general mechanism; operator wording pending. ## FAQ **Is a place option the same as an extra-place promotion?** No. In a promotion the bookmaker applies the extra places to a race. In an option you choose the places or fraction on the slip. **Can I use the option on any race?** Not verified. Each operator states which races and markets qualify, and the option may be unavailable on some. **Does the option cost more?** That question is assessed on one page only, linked at the foot of this one. Here we describe the mechanism.