Placepot bet victor review
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WHATS A TEASER IN BETTING
You can select more than one horse for each race. Though, you will have to pay for each line within the bet. The total stake is the cost of the entire Placepot bet. Your reward will be rounded to the nearest pound. Thus, most punters will just stick to even stakes to make things easier. Here, things get a bit more complicated. Then, you choose 3 selections for the third and fourth. Finally, you stick to one selection for the fifth and sixth races.
Most beginners stick with Straight Lines. However, once you get more familiar with the game, you can start to cover more eventualities. Start betting on multiple horses during a single race to increase your odds of seeing a return! While this does come with higher total stakes, it increases your chances of seeing some kind of return.
You can cover your bases and make the odds work in your favor. Why Make a Placepot Bet? Ultimately, the biggest reason that many bettors participate in Placepot betting is the chance to win big. One way that many people view Tote Placepots is by looking at it as a lottery. The more people that put their money in, the higher the overall prize is going to be. You have strategy on your side as well. Knowing the race helps a lot.
All on a small stake! To see a massive return, you might have to spend hundreds of pounds. There are exceptions of course. Plus, you can only bet on one selection for each race. Unless you place an each-way bet, those selections have to come in first place! What Sports Work Well with Placepots? Tote Placepots are bets placed on horse racing events. There are other types of pool bets used for other sporting events, but the Tote Placepot is pretty much reserved for horses.
What Places are in the Placepot? There are several places accepted. The exact number of places depends entirely on the number of races. For races with four runners or less, your selection must win first place to win. For races with five to seven racers, your selections can either get first or second place. With eight to 15 racers, first, second, and third places are accepted.
Finally, 16 or more racers have the most accepted racers. You can win if your selections get first, second, third, or fourth place. Your stakes are still in place even if one of your selections ends up as a non-runner. Where your bet goes varies based on the situation at hand. In most cases, your bet goes to the SP favourite. SP stands for starting price.
This might sound advantageous, but many people will select the favorite because the odds are higher. Thus, your dividend could be very small. Sometimes, races have more than one favourite. These horses are referred to as co-favourites or joint favourites. In these cases, your bet will go to the favourite that has the lowest racecard number. Placepot Betting Strategy There are a few different strategies available. What the best in class do is have a neatly laid out placepot pool betting slip that is easy to use.
For usability relating to placepot betting, William Hill comes highly recommended. Placepot dividends — It almost goes without saying that the dividends paid out to you if you win a placepot should be generous. After all, finding six horses that place in as many consecutive races is a challenge even if the wager was designed just to be a bit of fun.
Besides being user friendly, a top site must embrace modern technology and have betting apps for both Android and iOS operating systems. These include Ladbrokes, who boast one of the best horse racing betting apps in the UK. Over the din of the crowd, you may not have heard the result of a photo finish for a place. Live placepot results keep you in the picture. There is none better than Betfred for placepot results today due to their long-time association with the Tote. Offers and deals — This is rare with any form of pool betting, but if there is any way to cover or enhance placepots that you make, you should look into it.
All the top sites let you have more than one line, so you can cover as many potential outcomes as you like. There are promotions relating to the Tote pools placepot such as Placepot Insurance if the first leg of the wager goes down.
Placepot Rules You understand what is a placepot bet and how to place a placepot bet but what about the rules? This is not a regular fixed odds wager but a form of pool betting pioneered by the Tote. Deductions can and do still apply in the event of horses being withdrawn and becoming non-runners.
Getting a grip on the placepot rules helps you understand key difference between this bet and an ordinary punt with the bookies. You will be pleased to know that place terms, like those for an each way bet , are largely the same when you put on placepots. If there are four or fewer runners, then wager pays out on win only. Should five, six or seven horses contest the race, then second places pays through placepot betting.
With between eight and 15 runners in handicaps, and eight or more in conditions races, you need your horse to be in the first three. In big field handicap races of 16 or more runners, then your wager wins if your pick is first, second, third or fourth. The fixed odds market has no direct relation or influence on placepot betting. It is all about how much interest there is in horses from the pool of people gambling. This leads to situations where favourites have a returned placepot dividend that may often be shorter than the fixed odds SP.