New customers online only. Eligibility restrictions apply. Only valid with code B10G40 on registration. £10 min qualifying bet at 1/1 (2.0) odds or greater across sports or racing (if EW then min £10 Win + £10 Place). Receive £20 Tote Credit, £10 Free Sports Bet and 50 Free Spins on Big Bass Bonanza within 48 hours of qualifying bet settlement. 7-day expiry on free bets & Tote Credit. Your first bet will be your qualifying bet. One per customer. UK & ROI customers only. 18+. Full T&Cs apply. Gambleaware.org .Full T&Cs apply. Gambleaware.org #ad
The Placepot is a popular bet with both novice and pro punters and can be placed online at the racecourse or in betting shops with those bookmakers who offer them. Placepots are an attractive betting option due to the fact large sums of money can be won from relatively small stakes and because you don’t actually have to pick winners. Instead, you simply need to select horses that you think will finish in a place position. You can place Placepots on regular horse races and also on big meetings. A Cheltenham Placepot is often a popular bet as well as at other major festivals throughout the year.
Placepot Tips
Our placepot tips are published every morning, 7 days a week. All of our placepot betting tips are completely free and compiled using our own in-house unique algorithm. Various factors are taking into account by the algorithm when determining the selections for each placepot meeting and with being developed by betting experts who have been in the industry for several decades, we’re confident that it produces value selections.
When the odds are available, we may also publish placepot tips for tomorrow’s races. Both today’s and tomorrow’s placepot tips can be found at the top of this page.
New customers online only. Eligibility restrictions apply. Only valid with code B10G40 on registration. £10 min qualifying bet at 1/1 (2.0) odds or greater across sports or racing (if EW then min £10 Win + £10 Place). Receive £20 Tote Credit, £10 Free Sports Bet and 50 Free Spins on Big Bass Bonanza within 48 hours of qualifying bet settlement. 7-day expiry on free bets & Tote Credit. Your first bet will be your qualifying bet. One per customer. UK & ROI customers only. 18+. Full T&Cs apply. Gambleaware.org .Full T&Cs apply. Gambleaware.org #ad
Tote Daily Minimum Placepot Pools
Placepot prize pools often range from between a minimum of £25,000 to £50,000 on a daily basis. However, they do increase the minimum pool amounts significantly for big meetings throughout the year.
It’s not uncommon for Tote to offer prize pools of £100,000+, and even up to £250,000 for some meetings during the National Hunt season, which are definitely worth keeping an eye out for and having a punt using our free placepot tips.
You can find the total prize pool for each available placepot on the Tote website daily.
Placepot Betting Strategy
The aim of placepot betting is to select horses in the nominated races to finish in a place position. The smallest returns come from when you back the favourites and so it’s advisable that you look further down the field to see if there is any value in backing one of the longer-priced runners.
Some placepot punters opt to back a selection of ‘bankers’ that they believe stand a very good chance of finishing in a place position and also include a few outsiders. This is the medium-risk approach and can still result in a good-sized payout should all of your selections place.
If you wish to, you have the option of selecting multiple horses from a single race. However, we recommend not backing too many runners in a race as this will increase your placepot perm along with your total stake.
Placepot Races Today
Below, you will find today’s Placepot races at eligible meetings as well as the amount staked in the pool , this is updated throughout the day.
How The Tote Began
The Tote was formed in 1928 by the UK Government with the aim of providing a safe alternative to illegal off-course bookmakers and so that some of the revenues generated by gambling could be fed back into horse racing. The first highstreet Tote betting shop opened in 1972 and over time more than 500+ were opened across the UK and Ireland. Although The Tote was originally formed by the UK Government, it was sold to Betfred in 2011 who obtained a 7-year licence to exclusively provide pool betting services at UK racecourses. In October 2019, the business was sold to UK Tote Group. Tote.co.uk has now launched with a new website offering a range of different pool betting options. They also offer an excellent sign up offer for any new customers. Our review of the Tote website can be found here.
How Placepot Betting Works
The Tote Placepot is one of a number of betting products offered by The Tote with others including Scoop6, Tote Jackpot and Quadpot. There is a Placepot for each race meeting every day with punters having to select a horse from the first six races of the day unless otherwise stated. You can select multiple horses in each race and this is then known as a Perm bet , this will tend increase your overall Placepot stake. All of the stakes bet on a Placepot are put into a pool and divided between winners after deductions have been made.
How To Win The Tote Placepot
To win a share of the Placepot dividend, you must have at least 1 selection placed in each race. The number of places offered in each race will depend on the number of actual runners as shown below.
Number of Runners
Placepot Places
Up to 4 runners
1st
5, 6, or 7 runners
1st, 2nd
8+ runners in non-handicaps
1st, 2nd, 3rd
8-15 runners in handicaps
1st, 2nd, 3rd
16+ runners in handicaps
1st, 2nd, 3rd, 4th
As mentioned, you do have the option of selecting more than one horse in a race. This is often a popular choice when there is a large field or you’re unable to decide on just one selection.
Calculating Placepot Stakes
If you select just one horse from each of the six races, you will only be betting on one line and so your total stake will be whatever you enter. However, if you add more than one horse in one or more of the races, your stake will be increased as you will be placing multiple lines. To calculate your Placepot stake on a perm bet , simply multiply the number of selections you have chosen in each race. For example:
Race 1: 1 selection
Race2: 3 selections
Race 3: 1 selection
Race 4: 2 selections
Race 5: 2 selections
Race 6 1 selection
1 x 3 x 1 x 2 x 2 x 1 = 12 lines. Therefore, your total stake will be 12 times your stake per line. If you were placing a £1 bet per line, your total stake would be £12.
Tote Placepot Minimum Stake
The minimum stake per line for Placepot bets is 1p and the minimum overall stake is 50p. This was reduced from 5p / £1 and allows punters to place big permutations without risking large amounts.
Tote Placepot Un-Named Favourite
There is the option of backing the un-named favourite in any of the six races. When this option is selected, your selection will be the Starting Price (SP) Favourite. If there is a joint-favourite, the selected horse will be the one which has the lowest racecard number.
Tote Placepot Dividends
The Placepot dividend is the amount in the prize pool which is shared by winners and is to a £1 stake. For example, in 2019 at the Cheltenham Festival, the prize pool was £958,481,10 and there were 10.5 winning units which meant the dividend was £91,283.10. One lucky punter placed a £2 bet on a winning line and so collected a whopping £182,567.80! If the winner had placed a £0.10 bet, they would have received 10% of the dividend.
Tote Placepot Deductions
Placepot winnings are calculated by dividing the total stakes in the prize pool by the number of winning tickets after the bookies deductions have been made. The deductions are a set percentage of the pool and vary between the Tote betting products. An example of William Hill Tote deductions can be found below.
William Hill Tote Deductions
Great Britain
Win
19.50%
Place
20%
Exacta
25%
Quadpot
26%
Swinger
30%
Placepot
27%
Trifecta
25%%
Jackpot
29%
Scoop6
30%
Republic of Ireland
Win
20%
Place
25%
Exacta
30%
Placepot
30%
Racing Festival Placepots
Racing festivals, particularly the Cheltenham Festival, offer some of the best opportunities for landing a profitable placepot. With large, highly-competitive fields and extended place terms in many races, Cheltenham provides the perfect conditions for placepot bettors looking to land a big payout. The sheer volume of bets placed during the festival also means that placepot pools tend to be significantly larger than at regular meetings, which can lead to huge returns, even when favourites win.
One strategy to placing placepots is finding a balance between solid, well-fancied selections and value picks that can outplace shorter-priced runners. Many punters spread their risk by including multiple selections in tougher races, particularly in handicaps where big fields make results less predictable. Our placepot tips take several factors into consideration and combine favourites and outsiders. We also have placepots available for major racing festivals with Cheltenham Day 2 tips, Royal Ascot predictions, and placepots for the Grand National festival.
Best Bookies For Placepots
There are a number of bookies which offer Placepot betting and other Tote bets. We have listed some of the most best bookies to place placepots and Tote bets with below.
The Tote Placepot
The Tote is the No.1 place for placepots and other pool bets with the full range of betting options.
New customers online only. Eligibility restrictions apply. Only valid with code B10G40 on registration. £10 min qualifying bet at 1/1 (2.0) odds or greater across sports or racing (if EW then min £10 Win + £10 Place). Receive £20 Tote Credit, £10 Free Sports Bet and 50 Free Spins on Big Bass Bonanza within 48 hours of qualifying bet settlement. 7-day expiry on free bets & Tote Credit. Your first bet will be your qualifying bet. One per customer. UK & ROI customers only. 18+. Full T&Cs apply. Gambleaware.org .Full T&Cs apply. Gambleaware.org #ad
Tote Placepot App
In 2020, Tote released a new Placepot app which aims to make Placepot and Quadpot betting quicker and easier.
The Tote Placepot app contains a number of features including:
Browse racecards with the swipe of the screen
Check and monitor how your Placepot is doing
Live streaming of horse races
Place Win, Place, Exacta or Trifecta bets
You can download the Tote Placepot app for free for both iOS and Android devices from the associated app stores.
William Hill Placepot
William Hill offer a number of Tote betting options such:
18+. Play Safe. From 00:01 on 18.10.2022. £30 bonus. New customers only. Minimum £10 stake on odds of 1/2 (1.5) or greater on sportsbook (excluding Virtual markets). Further terms apply. #ad
Betfred Placepot
Betfred have one of the best selections of pool betting products with customers having the choice of:
Placepot
Quadpot
Jackpot
Exacta
Trifecta
Win/Place
Bet365 Placepot
Bet365 are one of our most high-rated bookies and offer the following pool betting options:
Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of qualifying bets. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Registration required. Time limits and T&Cs apply. GambleAware.org #ad
Betfair Placepot
Another great option for your Tote bets is with Betfair Sportsbook where you have the following options:
New customers only aged 21+. Minimum deposit £10. Qualifying bet must be placed at odds of evens (2.0) or greater. Get a matched Free bet up to £30 plus 20 Free Spins on Fishin’ Frenzy The Big Catch, credited within 24 hours. Free Bet and Spins expire in 7 days. T&Cs apply. Please bet responsibly. #ad
Boylesports Placepot
Boylesports is another bookie offering a number of Tote betting options such as:
New UK customers (Excluding NI) only. Mobile exclusive. Min Deposit £10. Min stake £10. Min odds Evs. Free bet applied on 1st settlement of any qualifying bet. 30 days to qualify. Free bets expire in 7 days. Cashed out/Free Bets won’t apply. Account & Payment method restrictions apply. 1 Free Bet offer per customer, household & IP Address only. 18+. T&Cs apply. #ad
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