Placepot query

W123-80's

Hello all,

I done the free €5.00 E/W placepot bet from todays Daily Mirror.

I had Kempes in the first race. He came nowhere. I'm just wondering does that render my bet useless?
Do I need at least a place in all six races to keep the bet alive?

thedini

yea your finished, need all six.ul

W123-80's

thedini wrote: »

yea your finished, need all six.ul

Sh*te. Had the winner in the 2.05!

Thanks.

deise gal

For a place pot to be a winner you must have a selection that has either won or been placed(some bookies do 4 place betting on placepots).
eg.
1st 1 6 5
2nd 5
3rd 8 6
4th 9 3
5th 8 5
6th 10

ok the ones in orange have won or been placed. the Placepot dividend is then multiplied by the stake and thats what you get!!

hope this helps and hasnt confused you!!

okidoki987

That placepot would have cost 3x1x2x2x2x1 = 24 bets times your stake.
I'd say most people did the Placepot for a fiver stake just putting 1 horse in each race.

Bluetonic

God be with the days of a free bet on a straight result.

W123-80's

Bluetonic wrote: »

God be with the days of a free bet on a straight result.

Free €5 straight win for Paddy Powers in The Star today!

deise gal

okidoki987 wrote: »

That placepot would have cost 3x1x2x2x2x1 = 24 bets times your stake.
I'd say most people did the Placepot for a fiver stake just putting 1 horse in each race.

Yeh i know sorry was aking it a bit more complicated than required!!!

jellybaby21

never heard of an each way placepot

UrbanSea

Are placepots just with tote? or do bookies do them?

deise gal

there is no such thing as an each way placepot however i presume they mean the horse to be placed!!

Yes all bookies do placepots

jkmanc1974

deise gal wrote: »

For a place pot to be a winner you must have a selection that has either won or been placed(some bookies do 4 place betting on placepots).
eg.
1st 1 6 5
2nd 5
3rd 8 6
4th 9 3
5th 8 5
6th 10

ok the ones in orange have won or been placed. the Placepot dividend is then multiplied by the stake and thats what you get!!

hope this helps and hasnt confused you!!

Deise - no bookie counts 4 places in non handicaps on placepots....

Brgds
Johnny

Anyone ever do the placepot on betfair?

Just came across it today tbh

jellybaby21

greetings wrote: »

Are placepots just with tote? or do bookies do them?

Yeah all bookies do them races 1-6 on the card

keano442

jkmanc1974 wrote: »

Deise - no bookie counts 4 places in non handicaps on placepots....

Brgds
Johnny

I know this is an old thread but just had to correct Johnny.

For Irish placepots, the 4th horse in all non-handicap races with 16 or more runners is included in the placepot dividend. This is an important distinction on UK placepots, where it's rules of racing (i.e. 4th-placed horse only included when it's a handicap of 16+ runners).

Hope that's cleared up.

k.

jkmanc1974

keano442 wrote: »

I know this is an old thread but just had to correct Johnny.

For Irish placepots, the 4th horse in all non-handicap races with 16 or more runners is included in the placepot dividend. This is an important distinction on UK placepots, where it's rules of racing (i.e. 4th-placed horse only included when it's a handicap of 16+ runners).

Hope that's cleared up.

k.

Cheers for the clarification Keano - had never even thought about the Irish placepots to be fair, still disgusted with the actions of the high street books banning them for a while about 4 years ago after being cleaned out....

Brgds
Johnny