How the Tote Placepot works and a guide to betting on it
What is a Placepot?
Tote Placepot is your first bet of the day, a renowned raceday ritual and our most popular bet.
To win the Tote Placepot you need to pick a horse to place in the first six races at any UK, Irish or selected international meeting.
With an average payout of £407, the Placepot is a great way to win big off small stakes and, at the 2019 Cheltenham Festival, one customer won £182,567.80 from just a £2 bet.
You can play the Placepot from 9am every day at all UK and Irish meetings and on major international meetings, like the Dubai Carnival, Breeders' Cup and Prix de l'Arc de Triomphe.
Why is the Placepot a good bet?
It is not only the payouts that make the Placepot a great bet. If you're looking to enjoy a day of racing, the Placepot can keep you entertained all afternoon. Remember, if you go out in the first two legs, you can always buy back into the Quadpot.
Tote Placepot provides a betting interest in the first six races on a card and for a small stake, you can land a share of big Placepot fund dividends.
Winning the Tote Placepot
To win the Placepot you just need to have a horse placed in the first six races at any meeting.
How many places are on offer depends on how many runners are in a race and the same terms apply to the Tote Place pool.
Choosing your horses
With the Placepot, it can 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.
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.
Equally, it is often wise to have a couple of favourites on your side, seen as single line "Bankers" in suitable races.
Multiple lines in a Placepot
You can select more than one horse in each race, but this will mean that your total stake will increase.
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
1 x 3 x 2 x 1 = 36 lines
The minimum stake per line is 10p but the total stake must be at least £1.
Backing the unnamed favourite
It's also possible to pick the unnamed favourite in any leg as your selection. This means that you'll be on the SP favourite at the time the race goes off.
Backing the unnamed favourite can be a good strategy where the betting is volatile and the market could be a good indicator of a horse's chances.
If there are joint or co-favourites, the unnamed favourite will apply to the horse with lowest race card number out of those horses.
Head to the Multibets page, click Tote Placepot and select your meeting.
You'll be taken to the race card for the first leg of the day. Add your selections to that leg and continue until you have at least one horse in each leg.
Once your happy with your selections, add your stake to the bet slip and click place bet.
Remember, your stake will be multiplied by the number of lines in your Placepot.
Placing a Placepot on course
To place a Placepot on course, you'll need one of our Placepot bet slips and make sure you've got a a race card to hand – you'll need to know the numbers of the horses you're picking.
Once you've made your selections, write the number of the horse you've picked for a particular leg in the corresponding box. If you have more than one selection in a leg, add the number in the next box along.