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TOTE PLACEPOTS - HOW TO WIN

TOTE PLACEPOTS - HOW TO WIN

(Click this for explanation about Placepot bet and payout rules*)

They say the Tote Placepot is the last refuge of the disillusioned horseracing punter.

To some extent this is true.I have been betting on horseracing for many many years and for the last couple of years have finally realised that betting on horseracing in the UK is a pretty stupid pastime if trying to win regularly by studying form.

It is just too difficult now to get any understanding of the form you need to make it pay regularly.

Hate to say this - but its true ! - its not like the old days.

Quite simply there are far too many horses running in the UK today.

Too many horses,too many meetings,and most important the introduction of All Weather(dirt)racing.

There is no start or end now to either the flat or nh seasons - they just keep on rolling through the year.

Flat horses running on grass move onto the dirt tracks.Will they act on that surface ? - i don't know,and neither does anybody else.

A bad horse from regular dirt racing meets a top quality grass horse - will fitness and dirt experience beat a better horse new to dirt ? - i don't know and neither does anybody else.

Same applies to nh racing - will fitness from dirt campaign lead to surprise jumping success ? - again nobody knows.

i almost never bet on horseracing anymore except for occasional placepot - i much prefer sports betting by a long way.

NOW TO THE PLACEPOT.

I do not normally like tote bets,but in high turnover events they come into their own - in the uk,and other racing countries that means PLACEPOTS AND JACKPOTS.

Jackpots are just too hard to win.Also,many times a combination bet with a high street bookmaker,should all six win,can far exceed the tote dividend for jackpot win.

That leaves the placepot - just pick 6 horses placed in six races - sounds easy doesn't it ?-well sometimes it is,but the dividends will reflect that,but sometimes it is not so easy and thats when the dividends can go into orbit,and pay really well.

Firstly,always expect the unexpected with these bets.The number of times i have been bitterly disappointed with the dividend is great.

However on a couple of memorable occassions i have been highly delighted as the dividend far exceeded expectations for no particular reason.

One of those occasions was quite recently when a £1,000 dividend was hoped for and the actual payout was £11,000 +,which still mystifies me why it was so high.

PERM YOUR SELECTIONS

The first advice when tackling the placepot is to perm selections for quite small stakes.

You are obviously more likely to win with multiple choices than one straight line,and remember if say,you have 3 placed in 2 races,and 2 placed in another 2 races,you get a dividend 36 times your original line unit.

The number of times i have had conversations with punters who do a straight £10 placepot who somehow fail to grasp that A £16 placepot with say 20 p units can exceed that £10 placepot that they are placing with little chance of success.

Its better to get regular returns and stay in the game as those freak dividends occur rarely and you want to be playing when they do strike.

Most placepot punters always think that huge fields mean big payouts.Not necessarily so,as for example 4 places are paid on big handicaps,and big fields often mean good racing and good horses,and that means more reliable results which is the death knell for placepots.

To find the number of bets for your Placepot Perm just multiply out the numbers you select in each race.

So,

If you select 2 in a race it is 2 x 2 x 2 x 2 x 2 x 2 = 64 bets.

If you do it for 10p(the minimum)the cost is £6.40p.

Maybe you fancy a banker in 1 race then it is 1 x 2 x 2 x 2 x 2 x 2 = 32 bets.

Again if you do it for 10p the cost is £3.20p,or for 20p units £6.40p

You can do whatever you like,for whatever your unit stake - just multiply out - for example.

1(banker) x 2 x 3 x 2 x 2 x 3 = 72 bets.

Again you can select your stake,so for above bet it is £7.20p for 10p,or if you want,select the full £1 unit which will cost you £72.

Remember,when doing a perm you can win the placepot for much more than your unit stake.

This time you just multiply out your horses that have been placed in each race and apply your stake unit to find your final dividend.

Example - placed horses 1 x 1 x 2 x 3 x 1 x 2 = 12 winning bets.

If you have unit stake of 10p you have 12 winning bets @ 10p = £1.20

The placepot is declared for £1 units so you win Placepot(£1) plus one fifth extra(.20p)

If you are betting in £1 units you win the Placepot dividend 12 times.

5 - 6 AND 7 RUNNER FIELDS ARE WHAT YOU LOOK FOR.

This is the most important thing to look for when placing a placepot - these are the races that can really boost the final payout.

Punters will very often banker a horse in these races as they think it is a small field and it will be easy for the favourite to be first or second.

Get a couple of short priced horses out the frame in these races and the placepot can really rocket on this one result - no matter what happens in the other 5 races.

These small runner fields often get run at a false pace and develop into a 2 furlong sprint which may explain the shocks that seem to happen regularly in these events.

But which races will produce the shocks ? - maybe there are 4 races with small fields.

Well,remember you are using a perm and you may have 2 or even 3 selections in this race(and all other small field races),so you have the favourites covered as well as one or two outsiders as well.

If the favourite is placed,you are still in it,and maybe the shock will come in next small field event where you are equally represented.If there are no real turn ups,well you are still covered and will have to settle for small placepot dividend this time.

THE WORSE THE RACING TO BETTER THE PLACEPOTS.

This is commonsense really.Some racing in the UK now is dire,absolutely rock bottom entertainment.

The prize money is so low its amazing anybody actually turns up to race for the prizemoney as after expenses the profits must be miniscule.

Not only does this low prize money encourage skullduggery,which was virtually unknown in UK racing until recently,but also attracts horses that should never have a racing career at all as they either have a bad temperament or no speed.

So,skullduggery and poor horses = unreliable results,and unreliable results = bigger placepots.

Another thing that low prize money creates is lethargy.Would you try extra hard to finish 3rd on a horse at these meetings if you were a jockey ?

These low grade meetings in my opinion are just no place to be betting or trying to understand form,but actually good venues for placepots.

OTHER THINGS TO CONSIDER

Apprentices are good to include in your placepots selections as they are trying to make a name for themselves.They will try extra hard to make a show and will battle for you to get second or third whereas an experienced jockey may not.

Some top jockeys(by no means all though !)seem to consider it beneath themselves to race for second or third place,and once their chances of winning are gone they strive no longer.

However there are some top jockeys who do ride out to the finish,and you need them on your side - the selection of jockey is crucial when doing placepots.

Take a look at the jockey stats in the Racing Post and look for those place finishings and how markedly they vary from jockey to jockey.

Get your bets on late !

The enemy of the successful placepot punter is non runners.

This will throw you and thousands of other punters onto the favourite - just what you must avoid as dividends will be strictly reduced if all those non runners are winners regards placepots.

So wait as late as you can.Particularly when there is an extreme change in going conditions.

This can mean dozens of non runners,and all those selections already placed will avalanche onto the favourites.

This is your chance to make sure all of your selections are taking part and you just hope the shocks occur in at least one race(thats all it needs!)that you have well covered with real runners

Remember most punters are like sheep(me also) and will mainly come to the same conclusions.

At least with a perm on the placepots you can relax your thought processes,take chances and include some no hopers with your fancied selections.

There is no profit in small placepot dividends and you are after the freak dividend,so those no hopers are actually more important than cast iron bankers to the placepot punter.

Place your bets online.

Quite a few times I have been surprised to see a larger amount in my online balance than expected.

I am careful,but have missed winning placepots - once for almost £600 - either because of wrong results printed,non runners,stewards enquiries that change results,and just plain carelessness.

How many winning tickets have I thrown away in the past when betting in high street shops ? - plenty for sure.

Bet online and the winnings automatically go into your account.

Best venues to consider playing placepots

Many sports bookmakers still do not take tote bets online,however the ones below gladly accept tote bets and are also sites that we list at our main BOOKMAKERS PAGE.

TOTESPORT - PLACEPOT accepted - often 10% discount here !!

BETFAIR BETTING EXCHANGE - PLACEPOT accepted

BLUE SQUARE SPORTS BOOKMAKERS - PLACEPOT accepted

PADDY POWER BOOKMAKERS - PLACEPOT accepted

LADBROKES BOOKMAKERS - PLACEPOT ACCEPTED

How Placepot works and payout rules.

The Placepot is a bet where punters bet on the FIRST 6 RACES of a horse meeting.

It does not matter wether they win or not they must qualify for PLACE dividend.

To qualify for place the horse MUST WIN all races of 4 or less runners.

To qualify for place the horse MUST FINISH 1ST OR 2ND in all races of 5 - 7 runners.

To qualify for place the horse MUST FINISH IN 1ST 3 of any non handicap race of 8 runners or more.

If the race is a HANDICAP RACE then the horse qualifies for place when finishing 4th if there are 16 or more runners.

NON RUNNERS ARE AUTOMATICALLY PUT ON THE FAVOURITE.

If you already have the favourite in your perm selections,you still go onto favourite again.In effect doubling your winning lines,or even trebling your winning lines if you have 2 non runners,and so on.

If there are JOINT FAVOURITES your non runner will go onto the joint favourite that has the HIGHEST RACECARD NUMBER.

Perms are just multiplied to find your dividend.Example,if you have 2 placed in 2 races and 3 placed in another then your payout will be 2 times 2 times 3 = 12 winning lines at your selected unit.

The dividend is for £1,but perms can be made for much smaller units.

By Pendil at British Betting and Gaming Sites.©,Best 10 Gaming sites and Easy play Games.This article can be reproduced by anyone,so long as article is reproduced full and intact with all links unchanged.End of article.

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