How To Place A Placepot

A placepot is a pool bet that involves choosing a horse to end up in the locations in the first six races of a race conference.


It's a basic bet, that does not require a horse to win, just finish within the specified places of a race. If your Placepot succeeds you will win a dividend.


It is possible to choose more than one runner in each race and increase the possibilities of an effective bet and this is referred to as perming. The stakes from a Placepot are gathered into a pool which is then shared among the winning tickets.


A Placepot is a popular bet for meetings such as the Cheltenham Festival and it can potentially provide big rewards from small stakes.


How are placepot winnings calculated?


Placepot profits are determined by simply splitting the total swimming pool among the winning lines. For instance; 10 winning ₤ 1 lines of a ₤ 100,000 Placepot pool, before deductions, would pay ₤ 10,000 per successful line.


You can choose more than one horse in each race, which would increase your total stake, however it is possible to minimize the system stake and lower the expense of the bet. For example; the following choices 3 x 2 x 1 x 3 x 2 x 1 would operate at 36 lines. A 10p unit stake would make the total cost of the bet ₤ 3.60.


This is very important because the earnings would be calculated by the variety of effective lines and not the overall 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 number of winning shares. If a preferred or fancied runner is positioned in every race of the Placepot the payment is most likely to be low as more tickets will be sharing the swimming pool. However, if there are less popular selections filling the frame, the dividends can be substantial.


How to bank on Horse Racing


Can I place a placepot with bet365?


Yes. The Placepot is readily available at all UK and Irish race meetings and selected International events at bet365.


What are the place terms for Placepots?


Placepot location terms are basic throughout every meeting. Finishing positions that count as a place are reliant on the numbers of runners and conditions of the race. A race with 2-4 individuals would just pay a single location, however a handicap with 16 or more runners would offer four. Below is a full list of the Placepot place 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 put my placepot


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


Add your choices to that leg and continue until you have at least one horse in each occasion. Once you have actually finished your line or perms get in an until stake and place your bet.


Remember the smallest dividends are returned when favourites and the most fill the locations. It can pay to prevent those at the head of the wagering and gain the rewards when less thought about horses get in the mix.