Generally, the fewer favourites that manage to reach a place, the more the dividend will pay. This is due to the tendency of favourites to be popular picks among Placepot players. When a few favourites fail to place, a large number of Placepots often fall down as a result.
How much you have won will depend on how much you staked per line and how many of your lines were successful. The number of winning lines you have is calculated by multiplying the amount of successful lines in each leg together to get your total. To work out how much you have won, multiply your stake per line by the amount of winning lines you have.
Some punters will try just a single line, selecting just one horse in each of the six races. There were a total of However, most punters prefer to make multiple selections in the more competitive races to give themselves a better chance of winning. For the vast majority of Tote Placepot players, keeping the number of lines per race and therefore the total stake to a reasonable amount is a matter of importance. If going with one or two banker legs is a pragmatic Placepot ploy, then identifying vulnerable favourites to avoid in your selections is a strategy from the opposite end of the spectrum.
The fewer favourites that place, the higher the Placepot dividend is likely to be for those who succeed in selecting one or more winning lines. This is because a substantial number of players will include the favourite among their selections.
Leaving vulnerable favourites out of your lines can keep you in the hunt for a big payout if your pick makes the places and the market leader fails to do so. Competitive big-field handicaps are the most obvious type of race in which to try this strategy as the favourites tend to finish unplaced more often.
In races such as the Cheltenham Festival handicaps, where 20 runners or more could go to post and there are only four places to aim for, strength in numbers is a solid strategy. Betting on Cheltenham? Check out the latest Cheltenham betting offers and free bets. If a selection is a non-runner, you automatically go on the SP favourite.
If there are joint or co-favourites, the highest racecard number carries your money. So if No 1 and No 4 are joint-favourites, it is No 1 that will represent you in place of your selected non-runner. Underage gambling is an offence. Please gamble responsibly and only bet what you can afford. For gambling addiction help and support, please contact the National Gambling Helpline on or via the NetLine.
This is particularly true in "bad each-way" races, where the place odds are much less generous than if you bet each-way. The upside to this however goes back to what was said above; since the punter does not have to "waste" half their stake on the win part of the bet.
The Tote Exacta operates in the same way as a normal bookmaker's straight forecast. As always the Tote price for the forecast is always based on the betting pool dividend. A forecast is to predict the correct order of the horses finishing first and second. If the bet contains a non-runner the bet becomes void and unnamed favourites are not allowed. Single Exacta straight forecast. Pick in the correct order the horses which will finish first and second.
Combination Exacta reverse forecast. Pick in either order the horses which will finish first and second. This bet is actually two bets in one, it is exactly equivalent to two straight forecasts, the first of which you select horse A to beat horse B, and then the second is for horse B to beat horse A. It's possible to specify more than two horses, at which point the bet becomes more complex, for example with three horses the individual bets are now a-b, a-c, b-a, b-c, c-a, c-b.
Banker Exacta banker forecast. Pick a horse which you think is going to finish first, and then any number of horses to finish second. For instances, with a banker horse a, and with three additional horses, the bets are a-b, a-c, a-d. Bookmakers that are not Tote-syndicated will offer their own forecast prices based on their own odds that they are quoting. However bookmakers will normally allow you to place a 'Tote forecast' and will pay out whatever the Tote dividend payout was.
Also known as a Trifecta: pick the first three horses in the right order. This is generally really difficult to do and the dividend for getting it right is correspondingly better. The Tote can nominate races containing more than 8 runners as Trifecta races. There are three types of Trifecta, the Single, Combination and Banker and they work the same way as Exacta bets, only with three horses instead of two.
A Quadpot is operated at every meeting in the UK and it takes place on the third to sixth races on the card. The aim is to pick a horse that will be placed in each one of these races, according to the placing rules stated in the Tote Place section above. The minimum bet is 10p. The dividend is declared after the result of the last race is known and thus the betting pool divided by the remaining stakes which are left. One may select the favourite instead of naming a specific horse.
The Placepot is identical to the Quadpot except it operates over the first six races of a race card. All UK race meetings have six races as a minimum, occasionally seven and rarely eight, but the Placepot is always operated on the first six. This bet is very popular as it has the potential to allow a gambler involvement in the whole of the race card. The minimum bet is 5p. Here is a worked example:. The first race the gambler has opted to choose two horses.
Maybe the gambler isn't confident of his abilities or maybe it is a large field and the gambler feels unable to just place one horse. On race two the gambler has elected to roll with the favourite, whatever it may be. In the final race the gambler has chosen three selections. This is often driven by the motive that if the gambler reaches the last race and still has a bet on, he doesn't want to lose out in the last race by only having one selection.
If after the first race the gambler has failed to pick a selection which was placed then the bet is over. If a selection is placed, then the bet continues, and the winnings are transferred as the stake on the second race. In this example, horse 2 may be placed and horse 7 unplaced, which means the bet continues — but there are now only 6 valid combinations for winning left.
However, there isn't a science to guessing what the placepot might be, the placepot dividend is the calculation of the number of tickets left divided by the pool money. If a selection becomes a non-runner it will be replaced by the Starting Price favourite. Where there are joint favourites and the gambler has selected to roll on the Favourite, then the horse with the lowest race card number will be taken.
If the favourite withdraws for instance, the horse refuses to enter its starting gate and the market has no time to select a new favourite the horse with the next shortest odds will become the favourite. It's rare for a race card to progress without a couple of non-runners so a gambler will be affected by these rules from time to time. The Tote Jackpot is a bet where you have to pick the first 6 winners at a meeting nominated by The Tote.
The bet is available every day of the week excluding Saturday. Typically the payouts are very good for the Jackpot as it is very difficult to pick six winners in a row.
You should keep in mind that every line represents another chance to win, and one line does not exclude another, since more than one horse can place per race. Betting on multiple lines automatically gives you a better chance of winning. Even though more selections means more chances to win, each extra selection increases your total lines exponentially.
Thus, experienced Placepot players usually recommend keeping your number of lines per race to a reasonable amount. In cases where there is a clear favourite to win, or at least place, opt for a single pick. This can help you keep your number of lines down, so you can use them to select multiple horses in a more competitive leg.
Just like in straight betting, underdogs come with bigger potential payouts. Another Placepot betting strategy is to look for vulnerable favourites and strong underdogs. Once you have selected your banker legs, keep an eye out for favourites who you think have a good chance of losing. Avoid these, or combine them with strong underdogs. This may not increase your odds of winning, but it will increase your prize pot if you win.
As we mentioned before, most punters only choose favourites, and a winning line with a few underdogs will generally have a much higher dividend. Big-field handicap races are the best choice for this strategy, as favourites do not place there as often as in races with fewer horses. Since you have fewer lines thanks to one or several banker selections , you now have extra space to select multiple horses on one of the more competitive races in the event.
Remember that extra picks mean extra chances to win, and you need at least one placing horse in each race to win a dividend. This is especially important in races like the Cheltenham Festival handicaps, where you can often see 20 or more horses aiming for one of four qualifying places. While this may seem obvious to the experienced Placepot punter, it is very important to check which odds that bookies are offering for horses to win or place.
When filling in a Placepot form, you usually do not get any information on whom the favourite is, or at which odds. Part of your pre-betting strategy should be to research which horses you will back for each race, and take into account both their strengths and weaknesses. Placepot betting is available for all major UK meetings.
Of course, the more popular the race, the bigger the total prize pot. Lingfield is one of the most popular racing venues in the UK. Cheltenham is home to one of the most popular meetings in the world, the 4-day Cheltenham Festival. The Cheltenham Placepot is generally the biggest placepot in the UK, as it attracts plenty of casual bettors.
Ascot hosts some of the most popular and exciting races, such as the Victor Chandler Chase and the Gold Cup. These also see huge Placepots being offered. We recommend Betfred , Betfair and bet for Placepot betting. A Placepot bet means selecting at least 6 horses to place at the first 6 races of a meeting.
If your bet is correct, you will win a share of the prize. A placepot bet can be an excellent bet, as you can win big from very small stakes. To calculate your bet, multiply your stake with number of lines. To calculate your winnings, multiply dividend with number of winning lines with stake per line. Tote placepot is another name for a Placepot bet.
However, there are several other types of Placepot bet. Tote pays for horses that place. The number of places depends on the number of horses in the race. We recommend Betfair or Betfred for online Tote betting. It can be difficult to choose between tote betting and fixed odds betting.
Tote betting is usually done for smaller amounts, meaning you risk less money. However, payouts can be massive if you pick underdogs correctly. With fixed odds betting, the risk is usually lower, though you may need to wager more to win big. Still, it is a bet type where plenty of strategy can be involved. If you are already into horse racing, Placepot betting can be a fun and casual addition to add to your overall betting strategy.
It is also great for beginners , though the element of luck will play a much bigger part. Articles assigned to ThePuntersPage. By ThePuntersPage. Visit Site. ThePuntersPage Final Say. The best bookies for Placepot Betting. The 10 Best Finnish Betting Sites in Dubai World Cup Betting Guide William Hill. This is because a substantial number of players will include the favourite among their selections.
Leaving vulnerable favourites out of your lines can keep you in the hunt for a big payout if your pick makes the places and the market leader fails to do so. Competitive big-field handicaps are the most obvious type of race in which to try this strategy as the favourites tend to finish unplaced more often. In races such as the Cheltenham Festival handicaps, where 20 runners or more could go to post and there are only four places to aim for, strength in numbers is a solid strategy.
Betting on Cheltenham? Check out the latest Cheltenham betting offers and free bets. If a selection is a non-runner, you automatically go on the SP favourite. If there are joint or co-favourites, the highest racecard number carries your money.
So if No 1 and No 4 are joint-favourites, it is No 1 that will represent you in place of your selected non-runner. Underage gambling is an offence. Please gamble responsibly and only bet what you can afford. For gambling addiction help and support, please contact the National Gambling Helpline on or via the NetLine. We urge you to turn off your ad blocker for The Telegraph website so that you can continue to access our quality content in the future. Visit our adblocking instructions page. My details.
My newsletters. Upgrade to Premium. Home News Sport Business. Betting Sports guides. Telegraph Betting Sports guides. All you need to know about popular Tote Placepot pool bet that can give you a tidy profit from small stakes if you pick six horses that place.
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