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[quote][i]Originally posted by strick206[/i] The Placepot is a really good bet, can pay a lot of money but can also pay not so much. It works using a pool, all the money staked into the pool less 27% of the total is distributed back out to the winners. It doesnt pay in odds, because it's impossible to know how many people will be successful on the bet. In terms of stakes, it has to be £1 for a straight line or you can also do permutations, using a stake as low as 10p as long as the total perm goes over £2. You pick a horse or multiple horses in each of the first 6 races, if one of your horses finishes placed in the race your bet is still alive and moves on to the next race. Keep going until you have had one placed in all 6 races and you are a winner. REMEMBER - Place terms are official place terms, not the enhanced placed terms you get on normal price betting. So 2 places 7 or less runners, 3 places 8 to 15 runners, and 4 places if the race has 16 or more runners AND is a handicap!!!!! Obviously, more people pick the favourites in these bets, so if the favourite palces in every race dont be expecting to get much back, the pools drop considerably should a favourite finish outside of the first three. 1 in each race = 1 line 2 in each race = 64 lines You can also mix it up, so maybe 3 in one race, two in another, 1 in another, depending on what you think. Make sure you keep your eye on the number of lines, and dont put it on without checking, could cost you a fortune. [/quote]
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