 The aim of the Tote Placepot is to select horses to be placed in all 6 of the Placepot races. The Irish Placepot races are always races 1-6. However, you can also do a Placepot on all UK race meetings daily. A placepot bet must be placed before the "off" of race 1. If your Placepot is successful, your dividend will be paid out after the winner of the 6th race is announced.
Don't forget, when betting with the Tote you are betting against other people in the pool rather than the bookmaker so if you go against the crowd your payout will be much more substantial.
Selecting the favourite - You can now select the FAV (favourite) in one or more legs of your Placepot bet when you play on course, online or via the call centre.
How much does it cost to play the Placepot?
Calculating the cost of your Placepot bet is easy. All you have to do is multiply the number of horses you pick in each race by each other. This will give you the number of units you have. Then multiply this figure by your selected stake. For example:
Race 1: 2 horses
Race 2: 1 horse
Race 3: 3 horses
Race 4: 1 horse
Race 5: 2 horses
Race 6: 1 horse
Thus 2x1x3x1x2x1 = 12 units
12 units at a €1 stake will cost you €12.
The minimum stake on a single line Placepot (i.e. a Placepot where you have only selected one runner per race) is €1. The minimum stake for Permutation Placepot's (i.e. a Placepot where you have selected various amount of runners) is €1, rising thereafter in multiples of your selected stake, in this example €1. Placepot dividends are declared to a €1 stake.
Where there are no winners of the Placepot the pool will be rolled over to the next selected race meeting.
Be careful or Non- Runners and withdrawn horses. In these instances you are transferred onto the SP Favourite. Or, in the case of joint favourites, the runner with the lowest race card number.
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