How much is a placepot bet?

Julieta Durke asked, updated on April 10th, 2021; Topic: what is a placepot
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How much does a Tote Placepot cost? There are two minimum stakes to bear in mind when it comes to the Placepot, the minimum stake per line and the minimum total stake. The minimum stake per line is 10p, although some operators may allow 5p lines.

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Other than that, how do you bet on the tote?

How can you bet on the Tote?

  • Win - You pick one horse that will win that race.
  • Each Way - You pick one horse that will either win or place (counts as two bets - to win and to place).
  • Place - You pick one horse which will place in that race and the place it will finish at.
  • Afterall, can you bet on the tote online? The Tote will however carry on pretty much as before as a deal has been reached to keep online and offline betting as a singe pool under the name Tote until at least 2025. ... The fact is any bookmaker can be part of the tote syndicate however and bets placed with those bookies will be included in the same pool pot.

    Right, how much does a 1 dollar trifecta box cost?

    Trifecta Box Costs:

    $1 Trifecta Box with three horses$6 (6 possible combinations)
    $1 Trifecta Box with four horses$24 (24 possible combinations)
    $1 Trifecta Box with five horses$60 (60 possible combinations)
    $1 Trifecta Box with six horses$120 (120 possible combinations)

    Is tote or fixed better?

    Since the payouts in totes bets are an approximation that gets better as the race draws nearer, it's often worth waiting before placing your bet. In contrast, if you really want to back the favourite, perhaps fixed odds are the best way to go (so you avoid your winnings being diluted as more people make the same bet).

    13 Related Questions Answered

    What is the minimum bet on the tote?

    The minimum stake is usually £2 for Tote Place bets. Works the same as an each way bet in with other bookmakers, but this time a Win bet and a Place bet are placed together to make the Each Way bet at the Tote. Each way bets are available on races with 5 or more runners and the minimum stake is £2 again.

    How are tote odds calculated?

    Tote betting is when all bets placed on an event or race is placed into a pool. The odds of a individual runner is calculated by the dividing the total pool (all wagers on all runners) minus any amount the house takes, divided by the amount wagered on that runner.

    What is a Tote Exacta bet?

    A Tote Exacta bet requires you to pick the first and second horses to finish in a race. This can be a straight Exacta or a reverse Exacta. Minimum total stake for an Exacta bet is 50p.

    What is a Tote win bet?

    Betting on the TAB Tote means you are betting into a pool with everyone else who is betting on the same race and bet type as you. The odds displayed for each runner are approximate dividends and may change.

    Are Placepots profitable?

    The Placepot can be a fun bet that gives a lot of fun for a small investment and when done correctly can be profitable in the long term. With the Placepot you need to pick a horse to be placed in the first six races at any English or Irish race meeting.

    How do you win a placepot?

    To win by betting on the Placepot, bettors just have to select a placed horse in the races 1-6 on a selected race card, their stake going into a pool, and that pool then being divided between the winners.

    How are Placepot bets calculated?

    When calculating the total cost of your overall Placepot bet, you simply multiply your chosen stake by the number of selections picked in six races: e.g. if you have two horses in each race and your stake is 20p, your total bet would be: 2 x 2 x 2 x 2 x 2 x 2 x 0.2 = £12.80 (64 bets x 20p).

    How much is a $10 trifecta box?

    Your choices for third position, in order of preference, are horses 1, 5, 6. Rather than box five horses at the cost of $60 you could play the following. $10 Trifecta part wheel 2,4 WITH 2,4 WITH 1 = 2 $10 combinations = $20.

    What is a tote price?

    Tote odds are the odds for any runner is determined initially by bookmakers, but the market pressure is added. How much money is placed on a runner will determine its tote price, depending on the size of the betting pool in total. Tote odds can fluctuate dramatically depending big bets coming late in the market.

    How does Tote Jackpot work?

    What is a Tote Jackpot? Pick the first six winners at a single, pre-chosen Tote Jackpot meeting every day to win. ... Minimum total stake is now just 50p at, but you can create perms to have more than one horse in chosen legs of the pool. The more horses you chose for each leg, the more lines in your bet.

    What is Top Tote Plus?

    Top Tote Plus is a bet type that guarantees punters the higher of: the best price declared on the three totes or the official starting price. Top Tote Plus is a great option when betting during the 30 minutes before the race when Top Fluc and Best of the Best are no longer available.

    What is a Tote Trifecta bet?

    The premise of a Tote Trifecta is to back the three horses that finish first, second and third in the race of your choice. ... Big dividend payouts are commonplace when you back the first three horses home in any race.

    How is exacta payout calculated?

    The Fair Payoff for an Exacta equals the size of the bet, such as a $2 Exacta, multiplied by the (win horse's odds-to-1) multiplied by the (place horse's odds-to-1 plus 1).