Web28 apr. 2024 · But how to work out placepot winnings? As we said, the Tote betting system works on a principle of a mutual prize pool. The more people bet on the same selection, the more money will be in the pot. Your particular winnings depend on two factors: Stake per line Successful lines WebWith the Tote you are betting against like-minded racing fans and bettors, rather than taking on the bookie. Secondly, as a business, the Tote do not set the odds that you’ll get when backing a horse like a traditional bookmaker would. The returns on any winning bet is determined by the number of people that have backed that particular horse.
Horse Racing Betting Guide 2024 🎖️ Placepots Explained
Web11 nov. 2010 · The dividend (always declared to a £1 unit stake, though players can play multiples of as little as 5p) would be calculated as follows: £100,000 - 28% /72 (because of the 28% deduction and the fact that we have 72 winners in this example). In other words, £100,000 - £28,000 / 72 = £72,000 / 72 = £1,000 So the dividend in this case is £1,000. WebTo calculate your total stake, just multiply the number of selections in each leg. For example: Leg 1: 3 selections Leg 2: 2 selections Leg 3: 1 selection Leg 4: 3 selections Leg 5: 2 selections Leg 6: 1 selection 3 x 2 x 1 x 3 x 2 x 1 = 36 lines. You can now put … northlink college online registration
How the Tote Placepot works and a guide to betting on it
Web1 uur geleden · Aintree Placepot tips: Paul Kealy's perm for the £500k guaranteed pool on Grand National day; Free horse racing tips for Aintree: six horses to bet on for Grand National day; Paul Kealy's play of the day at Aintree; US racing tips: Shane Ketteridge with two fancies at Keeneland on Saturday WebThe Tote takes 27% of the total pool, which is redistributed to the sport of horse racing, and 73% is split between the winners. Then, the final dividend is calculated to a €1 level stake. For example: €100,000 is paid into a Placepot at a particular meeting, and there are a total of 1,000 winning tickets. 100,000 x 73% = €73,000. WebTote Placepot results today, yesterday all days at Cheltenham Festival 2024. The tote placepot is a popular betting pool in which punters must select a horse to place in each of the first six races of a meeting. The bet is normally a sort of pool type of bet, whereby the prize depends on how many punters have entered and staked an amount. northlink college online applications