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 £441 in the past year with Tote+, the Placepot is a great way to win big off small stakes.
- Over the last five Cheltenham Festivals, the average Placepot payout for a £1 winning Placepot has been a huge £7,126.
- You can play the Placepot at tote.co.uk from 4pm the day before all UK and Irish meetings.
Want to know more? Check out our Pool School Podcast episode below where Tote's very own Jamie Hart and Jamie Benson join Luke Parkinson to discuss the different tactics to tackling the Placepot.
Download the Placepot app!
The Tote Placepot app is now available! Download today for the easiest way to place the best bet in racing.
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. To help you out, we regular post our Placepot Pointers are some of the biggest race meetings from around the world.
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.
Has my horse been placed?
The finishing positions which constitute a place in any leg of the Placepot, unless otherwise stated, are as follows:
- 2 - 4 runners = 1st
- 5 - 7 runners = 1st & 2nd
- 8 - 15 runners = 1st, 2nd & 3rd
- Non-handicap of 16 or more runners = 1st, 2nd & 3rd
- Handicap of 16 or more runners = 1st, 2nd, 3rd & 4th
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
3 x 2 x 1 x 3 x 2 x 1 = 36 lines.
You can now put pennies in your Placepot!
We've reduced the minimum stake per line and overall stake from 5p/£1 to 1p/50p at Tote.co.uk and through the Tote app.
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.
Backing the un-named favourite
It's also possible to pick the un-named 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 un-named 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 un-named favourite will apply to the horse with lowest race card number out of those horses.
Head to our Placepot page and select your meeting. Add your selections to that leg and continue until you have at least one horse in each leg.
Once you're 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.
If you'd prefer to not fill in the slip, you can read your chosen numbers out to the cashiers, or to make the most of 10% boost on your winnings thanks to Tote Plus, just head to tote.co.uk or the Tote app through your mobile and place your bet online.
Tote+ - 10% bigger dividends
Tote+ offers an enhanced dividend on most of Tote’s racing pools, including the Placepot. Regardless if you place your bet the day before or just minutes before the off, make sure you bet direct with Tote, as Tote+ means you’ll get a 10% boost to any winning dividend. Find Out More.