Which Bookies Do Placepot?

Which Bookies Do Placepot?

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 which 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 which you think will finish in a place position.

In this guide, we’ll be looking at what Placepots are, how they work and showing you which bookies do Placepots.

Tote Placepot Bookies
Tote.co.ukPlacepot / Quadpot / Jackpot / Exacta / / Win/Place / Scoop6 / Survivor / Trifecta / Swinger / QuinellaVisit
William HillPlacepot / Quadpot / Totejackpot Visit
BetfredPlacepot / Quadpot / Jackpot / Exacta / Trifecta / Win/Place / Scoop6Visit
Bet365Placepot / Quadpot / Totejackpot Visit
BetfairPlacepot / Quadpot / Jackpot / Win/Place/Each Way / Exacta / Trifecta / Jackpot / Scoop6Visit
BoylesportsPlacepot / Jackpot / Win/Place/Each Way / Exacta / TrifectaVisit
Tote.co.uk
New Customer Offer
£10 Welcome Offer
Tote.co.uk Sign Up Offer
Claim Offer

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

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

Tote.co.uk
New Customer Offer
£10 Welcome Offer
Tote.co.uk Sign Up Offer
Claim Offer

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

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 RunnersPlacepot Places
Up to 4 runners1st
5, 6, or 7 runners1st, 2nd
8+ runners in non-handicaps1st, 2nd, 3rd
8-15 runners in handicaps1st, 2nd, 3rd
16+ runners in handicaps1st, 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
Win19.50%
Place20%
Exacta25%
Quadpot26%
Swinger30%
Placepot27%
Trifecta25%%
Jackpot29%
Scoop630%
Republic of Ireland
Win20%
Place25%
Exacta30%
Placepot30%

Bookies Which Offer Tote Placepot Betting

There are a number of bookies which offer Placepot betting and other Tote bets. We have listed some of the most popular bookies to place 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.

  • Placepot
  • Quadpot
  • Jackpot
  • Exacta
  • Trifecta
  • Win/Place
  • Scoop6
  • Survivor
  • Swinger
  • Quinella

The Tote also offer Placepot Insurance which is available on selected days.

Tote.co.uk
New Customer Offer
£10 Welcome Offer
Tote.co.uk Sign Up Offer
Claim Offer

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

Tote Placepot App

In 2020, Tote released a new Placepot app which aims to make Placepot and Quadpot betting quicker and easier.

tote placepot app

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:

  • Placepot
  • Quadpot
  • Totejackpot
William Hill
New Customer Offer
Bet £10 Get £50
William Hill Sign Up Offer
Claim Offer

18+. Play safe. New customers using promo code M50 only. 1x per customer. Min £/€10 bet. Min odds 1/2 (1.5). Free bets of 2 x £/€20 issued after first qualifying bet settles. Max £/€10 Bonus. 35x wagering requirement. Max redeemable bonus: £25. Casino bonus expires after 72 hours. UK & Eire only. Additional T&Cs, including free-bet, game, location, payment method and stake contributions apply. See full terms below.

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
  • Scoop6

Bet365 Placepot

Bet365 are one of our most high-rated bookies and offer the following pool betting options:

  • Placepot
  • Quadpot
  • Jackpot
Bet365
New Customer Offer
Up to £100 in Bet Credits
Bet365 Sign Up Offer
Claim Offer
#ad

Betfair Placepot

Another great option for your Tote bets is with Betfair Sportsbook where you have the following options:

  • Placepot
  • Quadpot
  • Jackpot
  • Win/Place/Each Way
  • Exacta
  • Trifecta
  • Jackpot
  • Scoop6
Betfair
New Customer Offer
Up to £100 in free Bets
Betfair Sign Up Offer
Claim Offer

New customer offer. Place 5 x €10 or more bets to receive €20 in free bets. Repeat up to 5 times to receive maximum €100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. T&Cs / wagering reqs apply.

Boylesports Placepot

Boylesports is another bookie offering a number of Tote betting options such as:

  • Placepot
  • Jackpot
  • Win/Place/Each Way
  • Exacta
  • Trifecta
Boylesports
New Customer Offer
Up to £25 in Free Bets
Boylesports Sign Up Offer
Claim Offer

18+ T&Cs apply. Cash stakes only. Min £10 stake required for initial £5 free bet. Min odds ½. Max £25 in free bets. Subsequent free bets equal 50% average of each 3 qualifying bets. 13 bets required to receive full £25 free bet. Qualifying bet must be placed within 30 days of opening account. Free bet expires after 7 days. Payment method restrictions apply

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