1 How to Place A Placepot

felicitashawle edited this page 2026-04-30 14:54:21 +08:00

A placepot is a pool bet that includes picking a horse to complete in the locations in the first six races of a race meeting.

It's an easy bet, that does not need a horse to win, just surface within the specified places of a race. If your Placepot is effective you will win a dividend.

It is possible to select more than one runner in each race and increase the chances of a successful bet and this is called perming. The stakes from a Placepot are into a pool and that is then shared among the winning tickets.

A Placepot is a popular bet for conferences such as the Cheltenham Festival and it can potentially provide huge rewards from little stakes.

How are placepot winnings computed?

Placepot payouts are calculated by simply splitting the overall pool among the winning lines. For example; 10 winning ₤ 1 lines of a ₤ 100,000 Placepot swimming pool, before reductions, would pay ₤ 10,000 per effective line.

You can select more than one horse in each race, which would increase your overall stake, however it is possible to reduce the system stake and lower the cost of the bet. For instance; the following selections 3 x 2 x 1 x 3 x 2 x 1 would operate at 36 lines. A 10p system stake would make the overall cost of the bet ₤ 3.60.

This is essential because the profits would be computed by the number of effective lines and not the total stake of the bet. If two of the 36 10p lines were winners you would collect a 20p share of the dividend.

The dividends vary depending on the variety of winning shares. If a preferred or fancied runner is put in every race of the Placepot the payment is likely to be low as more tickets will be sharing the pool. However, if there are less popular choices filling the frame, the dividends can be substantial.

How to wager on Horse Racing

Can I place a placepot with bet365?

Yes. The Placepot is readily available at all UK and Irish race conferences and chosen International occasions at bet365.

What are the location terms for Placepots?

Placepot location terms are standard throughout every meeting. Finishing positions that count as a place depend on the varieties of runners and conditions of the race. A race with 2-4 participants would just pay a single place, however a handicap with 16 or more runners would offer 4. Below is a full list of the Placepot location terms.

2-4 runners = 1st

5 -7 runners = 1st & second

8-15 runners = 1st, second & 3rd

Non-handicap of 16 or more runners = 1st, 2nd & 3rd

Handicap of 16 or more runners = 1st, 2nd, 3rd & 4th

How to place my placepot

Login into your bet365 account and click the horse racing page. Select the Placepot alternative for your selected racecourse and you'll be required to the race card for the very first race of the day.

Add your selections to that leg and continue till you have at least one horse in each event. Once you have actually completed your line or perms enter a till stake and location your bet.

Remember the tiniest dividends are returned when favourites and the most selected horse fill the places. It can pay to prevent those at the head of the betting and gain the benefits when less considered horses get in the mix.