Placepot Tips
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How to play the Tote Placepot
Playing the Placepot on raceday is a big ritual, and one that can keep you entertained all afternoon with six races to follow.
All you need to do is select at least one horse in each of the first six races of a meeting and they need to finish in the place positions, how many runners in a race do affect how many place positions (1st, 2nd etc) are included.
The larger the race, the more place positions are included in the Placepot.
With an average dividend pay out of £407, the Placepot is a great way to win big off small stakes and, at the Cheltenham Festival in 2019, one customer won a massive £182,567.80 from just a £2 bet at the Tote.
With the Placepot, it can actually pay to take on the favourites. The biggest dividends are won when the most popular horses fail to make the places.
So if you think a fancied horse might have a chink in their armour, you should try and find something less popular to take them on with – especially when taking into account the added bonus of the placepot – that you don't need to pick the winner of the race – just a horse that will finish in the frame.
If one of the legs has a particularly large field or it's a difficult race to judge, it's probably worth having more than one selection – whilst this will cost you more in stakes, it'll also prevent your placepot bet from falling at the first (or second, or third…) hurdle.
Equally, it is often wise to have a couple of favourites on your side in the races where they really are heavily favoured – a “banker” will keep you in the race, whilst also keeping your stakes down.
Can you include more than once horse in a race?
Yes, you absolutely can. You can select more than one horse in each race (you could even back them all if you really felt like it!). This will mean that your total stake will increase, but also increases your chance of winning the Placepot too. Remember that each additional horse you choose multiples the number of potential selections, so your stake can soon grow exponentially!
To calculate your total stake, just multiply the number of selections in each leg.
For example:
Leg 1: 3 selections
Leg 2: 2 selections
Leg 3: 1 selection
Leg 4: 3 selections
Leg 5: 2 selections
Leg 6: 1 selection
3 x 2 x 1 x 3 x 2 x 1 = 36 lines.
The Tote have reduced the minimum stake per line and overall stake from 5p/£1 to 1p/50p.
This means that those big permutations, which were once too costly, are now more affordable. This allows you to back more outcomes to increase your chances of winning.
To calculate the cost of a perm bet, simply multiply the number of selections by each other. For example, 2x3x2x1x1x2 = 24 bets. Then calculate your total stake by multiplying the number of bets by your unit stake. For example, 24 bets x 50p = £12.
- Races with 4 or less runners – Win only.
- 5 – 7 runners – 1st and 2nd.
- 8 or more runners – 1st, 2nd and 3rd.
- Handicap with 16 or more runners – 1st, 2nd, 3rd and 4th.
It's important to pay attention to the number of runners – one of my colleagues once thought he'd won a £14,000 dividend at Newcastle, only to be reminded that his second leg selection may well have finished second – but in a four-horse race, meaning to nab the winning pot, he would have needed to find the winner of that particular race – thankfully, he'd not popped the champagne corks just yet!
Where can you play the Placepot?
You can play the Placepot online at the Tote, as well as at most racecourses – including Newcastle, Newbury, Kempton, and Cheltenham.
Placepot Tips FAQs
Are Placepots worth it?
The attraction of the Placepot is that it can sustain an entire afternoon's entertainment, as you wait to see whether you remain in the hunt for the jackpot with each leg. Every race that you remain in the game, is another step closer to staking a claim on the big prize – and the prizes certainly are big, too!
The jackpots really make it worthwhile, and even though the odds of landing the big one are pretty slim, you can always cover your bets with more entries into each leg – and of course should you fall in the first two legs, you can always buy your way back in via the Quadpot.
What happens if there's a non-runner?
If one of your Placepot selections becomes a non-runner, your selection will automatically be allocated to the SP favourite. This will obviously affect your odds (and therefore potential returns), but also ensure that a single “banker” bet in any particular leg doesn't get passed onto a random donkey!
However, it's worth noting that, in the event of a non-runner, followed by a joint favourite (or favourites), your money will automatically go onto the highest racecard number.
What's the maximum bet?
There's no maximum bet in a Placepot, but please remember that the Placepot is first and foremost a fun bet – designed to provide entertainment and excitement first and foremost. It's also worth bearing in mind that the size of the pool (and therefore the maximum potential winnings) allows for a natural sensible ceiling to your stake size.
What is the difference between a Placepot and a Quadpot?
The Placepot covers the first six races of a specific meeting (races 1-6 o the racecard). As the name implies, the Quadpot covers four races – and in particular, races 3-6. This allows for latecomers to the track to participate, as well as prolonging the excitement (or maybe prolonging the agony!) for those who fell in the first two races – allowing punters to buy back in for the last four races of the card.
With only 4 potential legs, the returns from the Quadpot are far lower – but your chances of landing the Quadpot are also significantly better than the standard Placepot.
How do your Placepot Tips work?
As Placepot tipsters, we've designed our Placepot Tips service to deliver maximum “smiles per gallon” – to keep you in the hunt for the jackpot for as many legs as possible. Our aim is to successfully land the Placepot dividend – to still be standing after six legs. That means you will more than likely see more than six horses in your daily Placepot tips – and there may well be odds-on horses tipped. While there may not be tremendous value in backing these selections as singles, the compounding nature of the Placepot makes it more than worthwhile!
We have FREE Placepot tips every Saturday afternoon (make sure you're on our mailing list to get it!), and a professional Placepot tipster providing daily tips (Monday to Saturday) for just £7 per month.
Tote Placepot Guide
Bet £10 Get £40 in Bonuses
New customers online only. Eligibility restrictions apply. Only valid with code B10G40 on registration. £/€10 min qualifying bet at 1/1 (2.0) odds or greater across sports or racing (if EW then min £10 Win + £/€10 Place). Receive £/€20 Tote Credit, £/€10 Free Sports Bet and 50 Free Spins on Big Bass Bonanza within 48 hours of qualifying bet settlement. 7-day expiry on free bets & Tote Credit. Your first bet will be your qualifying bet. One per customer. UK & ROI customers only. 18+. Full T&Cs apply. https://Gambleaware.org.