{"id":14062,"date":"2021-09-01T10:04:44","date_gmt":"2021-09-01T10:04:44","guid":{"rendered":"https:\/\/www.safebettingsites.com\/?page_id=14062"},"modified":"2023-08-09T16:13:18","modified_gmt":"2023-08-09T16:13:18","slug":"horse-racing-placepot-bet","status":"publish","type":"page","link":"https:\/\/www.safebettingsites.com\/horse-racing\/placepot-bet\/","title":{"rendered":"What is the Placepot Bet – a Comprehensive Placepot Betting Guide"},"content":{"rendered":"

A\u00a0Placepot bet\u00a0<\/strong>is a Tote betting wager where you must pick and have a horse finished placed in each of the first six races at a particular meeting. It works like a fixed odds accumulator, but payouts are made from the returned dividends of Pari-mutuel betting pool. In this detailed guide, we explain what is a Placepot bet for horse racing, how it works and ways punters can get the most effective use out of such wagers.<\/p>\n

That and many other questions is what we are going through in this article. Although Placepot betting is somewhat niche, there are still bookies where you can do it online. So join us and discover all about Placepot pools and placepot rules in this complete guide.<\/p>\n

What is a Placepot Bet in Horse Racing? – The Placepot Bet Explained<\/h2>\n

A Placepot bet is a type of pari-mutuel or pool betting<\/a> wager specific to horse racing. Originally a Tote pools Placepot bet, it is the equivalent of making a sixfold accumulator using regular fixed odds in the place betting. You don’t have to put a Placepot bet on directly through the Tote, though, and can use one of the top betting sites listed above.<\/p>\n

The Totepool Placepot involves picking horses that finish in a place during the first six races of a single meeting in the UK (or Ireland). On occasion, a Tote Placepot even covers a major international event in the sport, such as Dubai World Cup Night at Meydan in the Middle East or the Breeders’ Cup in the USA. We will have more on when Placepot betting proves most popular later on. Now, let’s move on to how to do a Placepot bet with a step by step guide.<\/p>\n

How Does a Placepot Bet Work?<\/h2>\n

This is how to place a Placepot bet online. You could always do one in person on course if you’re having a day out at the races, but here we’re looking at how to do it digitally. First of all, you need to make sure that Placepot pool betting is available on the sportsbook you wager with. If you use one of the best betting sites in the UK<\/a> that we identified above that actually has a live Placepot wagering presence, then that is a good start!<\/p>\n\"QuinnBet\n

We are using QuinnBet<\/a> in our example. Select the race meeting that you want to put your Placepot bet on at, and start by adding the first leg of the wager like this:<\/p>\n\"QuinnBet\n

Continue to add legs to your wager. If there is a particularly competitive race, then you may wish to include more than one selection on your slip. This will increase your unit stake on Placepot betting but also covers more permutations and potential outcomes:<\/p>\n\"QuinnBet\n

Once you have added a selection or selections for all six races that feature, then you enter your stake. Some bookies will let you go as low as \u00a30.10 or \u00a30.05 per line. Part of the appeal of Placepot betting is that you win big off relatively small stakes.<\/p>\n\"QuinnBet\n

What Makes a Bookie Good for Placepot Betting<\/h2>\n

Now that you understand how to do a Placepot bet online, it is time that we told you how we sort the wheat from the chaff. Here at SafeBettingSites, we have industry experts who know all the bets and where it best to place them. These are our tips when if we would look for a suitable bookmaker. First and foremost, not all horse racing betting sites<\/a> have Placepot betting available. Amongst those that do, here are the criteria to look for:<\/p>\n

Top 5 Criteria to Look For:<\/h3>\n
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