# Another Look At Placepots

Today, as it’s the last day of Glorious Goodwood, I thought I wouldÂ go back over a popular post from last year where I looked at Placepots and how best to play them. Using this technique we can half the cost of doing a perm and yet still cover all of our fancied horses.

Here’s the first bit….

The placepot is a bet where the first six races of a meeting are selected and we, as punters, have to find a placed horse in all six of those races to secure a return on our bet.

Lets begin by covering the staking of this bet and all the possible angles.

Say that youÂ fancy two horses in each of the six races. YouÂ need to multiply how many runners you have in each leg to arrive at your final stake. In thisÂ example you wouldÂ have two selectionsÂ in each which would look like:

(Race 1 â€“ 2 horses)Â x (Race 2 â€“ 2 horses)Â x (Race 3 â€“ 2 horses)Â x (Race 4 â€“ 2 horses)Â x (Race 5 â€“ 2 horses)Â x (Race 6 â€“ 2 horses) = A Total Of 64 Bets

If youÂ were to have a ÂŁ1 per line bet, then this would equate to the bet costing ÂŁ64. It doesnâ€™t matter how many bets you have in each leg, youÂ simply multiply the number of selections in each leg to find your stake. Itâ€™s possible toÂ cover each leg with as little as ÂŁ0.05p which would make the above bet, otherwise known asÂ aÂ perm (but different to the hair variety), would cost ÂŁ3.20p. (64 x ÂŁ0.05p)

The way the ToteÂ settle the bet is to multiply the number of placed horses in each leg by our unit stake.

Letâ€™s assume that weâ€™re having a good day and the above bet saw us getting each of those 2 horses placed in each race. That would be 64 winning lines multiplied by our stake. So, atÂ ÂŁ0.05p this would be a total of ÂŁ3.20 multiplied by the eventual dividend, which is provided by the Tote. If weâ€™d bet to ÂŁ1 stakes then it would be a total bet of ÂŁ64 multiplied by the dividend.

Make sure you go through this a few times to so that youÂ understand the makeup of the bet, becauseÂ now weâ€™re going toÂ move onto how best to play it!

If youâ€™ve got any questions then you can leave me a comment below ?

Thereâ€™s a ton of information out there about finding the selections for a placepot,Â but the way I play is totally different. At first glance it may look a little bit complicated but I urge you to persevere as itâ€™sÂ held me in good stead and I enjoy regular profits from the bet.

The first step is the selection process.

Remember, weâ€™re not looking for the winner here but horses that are likely to place.

Not only that but, as explained in part one,Â we need to be looking for horses that the market wonâ€™t be latching onto to secure our value in the bet.

However we need to consider the favourite as a way of securing our journeyÂ through the entire six races required in the bet as well.

Click Here To Read The Rest Of The Article And See How You Can Win Playing The Placepot

### Eddie Lloyd

I have been a professional gambler for 3 years now and spend all my days searching for "value" within Horse Racing. I'm also a keen musician and love travelling around the world.
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