Probabaly the most popular of the Tote bets, The Placepot can be played at every race meeting in the United Kingdom. To win the Placepot, you have to select a horse that gets placed in all of the first 6 races at that meeting. You can have as many permutations as want, but the more horses selected the more it will cost or the lower the stake. If you were to select just 1 horse in each race then you can place just £1 or less or more if you want to and then when the placpot pool is announced at the end of the day you would multiply it by your stake. It is worked out to a £1 stake. To wwork out the permutations you multiply how many sleections you have made in each race. Please see below as an example
2 x 2 x 2 x 2 x 2 x 2 – Two horses per race (£64 for £1 lines)
3 x 3 x 3 x 3 x 3 x 3 – Three horses per race (£729 for £1 lines)
2 x 1 x 2 x 2 x 3 x 2 – Various horses per race (£48 for £1 lines)
By adding more horses in each race, your layout can increase significantly, along wth your chances of a winnng bet.