Tote Placepot Insurance

Tote Placepot Insurance

Refund on Losing Placepot Bets

Any customer that places a Tote Placepot bet at Tote.co.uk, Tote.ie or the Tote Placepot app on selected race meetings will get their stake refunded up to £/€10 should their horse not place in the first race. Max refund £/€10.

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The Tote Placepot is the most popular type of pool bet. It is played by thousands of people every day and is often punters’ first bet of the day.

Placepot is available to play at several bookmakers but if you choose to bet on it with Tote.co.uk, you have the added advantage of Placepot Insurance.

What Is Placepot?

Placepot is available on a daily basis. To play, you simply need to select a horse in the first six races in a selected meeting. If all six of your horses finish in a place position, you will win a share of the pool.

You can choose the stake for your Placepot bet with the more you bet, the bigger the share of the pool you will receive if you win. The average payout for the Placepot is £407 but there is a chance of winning a lot more. In 2019, one player won over £182,000 from just a £2 bet on a Cheltenham Festival Placepot!

What Is Placepot Insurance?

With Placepot Insurance, should your bet lose in the first race, ie. our horse doesn’t place, Tote.co.uk will refund your stake as cash!

Simply place a Placepot bet with Tote.co.uk and if your horse doesn’t place in the first race, you’ll receive your stake back automatically in your account within 24 hours of your bet settling.

You can qualify for Placepot Insurance by placing your bet either through the Tote Website or via the Tote app.

Placepot Insurance Terms

• Available to residents of the UK & Republic of Ireland
• Your entire bet must lose for the refund to apply. Losing first legs of permutation bets will not qualify
• Placepot Insurance is available on selected Placepot meetings. See Tote.co.uk for eligible meetings
• Placepot Insurance applies to your first Tote Placepot bet on eligible meetings.
• Only bets placed on the day of the meeting and the previous day are eligible for a refund.​
• The maximum refund per day is £10
• Refunds are credited within 24 hours of your bet settling

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UK & ROI customers only. 18+. Place your first bet on sports pools and if it loses we’ll refund your stake in cash. Max refund is £10. Qualifying bet is the first sports pool bet added to the betslip. Ten to Follow bets do not qualify. Totewin will be the qualifying bet when a Totewin and a Toteplace bet are struck at the same time. Full T&Cs apply. BeGambleaware.org