Bet types
Placepot
A UK tote bet: pick a horse to place in each of the first six races at a meeting. All six have to place.
Example Two picks in each race = 64 lines.
Related
Bet types
Tote
Betting into a pool: all stakes go in, the operator takes its cut, and the rest is shared by the winners. The payout is only known when the pool closes.
Bet types
Each way
Two bets of the same stake in one: a win bet and a place bet. If your pick only places, the place part still pays, at a fraction of the odds.
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