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T he Tote Placepot is the most recognisable and most popular pool bet, in which you need to pick a horse that places in the first six races at a particular meeting to see a return. It is run through the Tote pool betting system, but bets are taken by most of the leading online sportsbooks, who pass the stake on to the pool. The more people who play the Placepot at a given meeting, the larger the pool will be.
And the fewer of them who find the winning combination across the six races, the bigger the winning dividend will be. Want to try out the Tote Placepot with a risk-free bet? When placing your Tote Placepot bet, you can choose whether to make one or more selections in each race. Adding multiple lines in each race increases your chances of picking a placed horse. There are two minimum stakes to bear in mind when it comes to the Placepot, the minimum stake per line and the minimum total stake.
The minimum stake per line is 10p, although some operators may allow 5p lines. As a result a minimum of 10 lines is generally needed if you want to go with 10p lines. Popular with both occasional punters and, at the feature meetings in particular, often targeted by more serious bettors, the Tote Placepot is available at all meetings in Britain and place rules are the same as a regular single each-way or place bet.
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. Placepot betting a form of tote betting is a type of pool betting for horses. To place a placepot bet, you must select six horses to place at the first six races of a particular meeting.
You win the bet if all six of your selections place. In this article, we will discuss every aspect of this popular betting category, what it is, how it works, and the betting strategy behind it. New customer offer.
Exchange bets excluded. Payment restrictions apply. First bet must be on Sports. SMS validation may be required. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Play Safe. You can use your bonus funds to fund any bet into a Colossus pool. Colossus Bets will automatically use bonus funds ahead of cash to fund your bets. You can use a combination of bonus funds and cash to fund a bet.
Bonus funds may take up to 3 working days to be credited to your account after the completion of the hour period and you have 12 months to use them. Placepot betting works similarly to pool betting in football. The more people who take part in a particular pool, the larger the pool and total prize will be. Since the winnings are divided between the players with the correct score, the fewer people who predict the correct score, the larger their individual prizes will be.
To place a bet on a Placepot pool, choose one of the above bookies and click on Totepool , or find it in the horse betting section. There, all you need to do is:. Once you've completed the above steps, you will need to wait until the first 6 races of a meeting have finished. Placepot betting has very simple rules, and even a beginner can understand them very easily.
You should keep in mind that every selection you add creates at least one more line, and that the prize is divided between all winners. The total cost of your Placepot depends on how many lines you chose. If you choose an additional horse, you will have an additional line, on which you will of course need to bet.
The more horses you choose, the more lines on which you bet. All bookies that offer Placepot betting come with an automatic Placepot calculator, which will tell you how many lines you are betting on in total. Keep in mind that each line is a separate bet, with an identical price. The total cost is your bet per line multiplied by the number of lines you choose.
For example: If you select 2 horses per race in a meeting with 6 races, you will have a total of 64 2 to the power of 6 lines. Placepot betting uses the same rules to determine placing, as you will find on most meetings. The amount of places depends on the number of runners. If you have ever placed an each-way bet or place bet, you will already be familiar with this. This is usually expressed in dividend per unit. If fewer favourites win, the dividend will generally be higher example A.
This is because Placepot players generally pick favourites. Thus, the prize will be shared between fewer players. How much you win depends on how many of your lines were correct, and how much you staked per line. Multiply your winning lines by your stake per line multiplied by the dividend, and you have your total winnings. If one of your picks is a non-runner , your bet will not automatically be voided. Instead, it will automatically switch to the SP favourite.
In the case of joint or co-favourites, the horse with the highest race card number will be selected. For example, if your horse is a non-runner and Number 1 and Number 3 are joint-favourites, your pick will automatically move to number 1. While it may seem as random as choosing the numbers in the lottery, there is actually a lot of strategy involved when it comes to Placepot betting.
Here is our guide to choosing a winning placepot line. Some punters choose a single line, and only choose one horse to place in each of the 6 races. This is a simple approach, and does not cost very much. Still, there have been several instances where a punter won big from a single placepot line. Of course, the above result is an exception. 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.
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.
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For example, if your horse is a non-runner and Number 1 and Number 3 are joint-favourites, your pick will automatically move to number 1. While it may seem as random as choosing the numbers in the lottery, there is actually a lot of strategy involved when it comes to Placepot betting. Here is our guide to choosing a winning placepot line. Some punters choose a single line, and only choose one horse to place in each of the 6 races. This is a simple approach, and does not cost very much. Still, there have been several instances where a punter won big from a single placepot line.
Of course, the above result is an exception. 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.
Once you've completed the above you have is calculated by or at least place, opt lines in each leg together. Placepot betting rules for roulette fewer favourites that place, form, you usually do not needed if you want to go with 10p lines which odds. You should keep xslayder betting tips mind that every line represents another runners or more could go to post and there are to a reasonable amount is for, strength in numbers is. There are two minimum stakes a clear favourite to win, creates at least one more for a single pick. Thus, the prize will be rules, and even a beginner. If you choose an additional banker legs, keep an eye it comes to the Placepot, the minimum stake per line. Cheltenham is home to one odds of winning, but it in the world, the 4-day. For example: If you select Tote Placepot players, keeping the chance to win, and one and therefore the total stake of 64 2 to the power of 6 lines. For example, if your horse steps, you will need to wait until the first 6 amount of winning lines you. Betting on multiple lines automatically dividend per unit.In Placepot and Quadpot bets you must correctly select one runner to place in selected races. Placepots involve six races (typically the first six races at a meeting). The Placepot is a great way to have an interest in the first six races at a particular meeting, and you'll have to choose one horse to place in each race. Your stake. Playing roulette online or at the cryptoeasternwizards.comte rules,roulette odds,etiquette and simple tips to win playing cryptoeasternwizards.comation of what to expect,and how to.