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Bet Types: Place Bet

Last Updated: Jun 05, 2016 03:53PM CEST

Availability and Naming

 
Bet Category
Naming
(tick) Fixed-Odds Betting Place
(tick) Bookmaker Betting Place
(tick) Tote Betting North/South America: Place and Show
 

Rules

Your bet will simply be on the horse to place and the payout will be unaffected if your horse wins the race.

RaceBets follow the rules of the Tote for any SP Place bets that are accepted. In the UK, Ireland and the United Arab Emirates, only Each Way bets will be accepted.

A Tote place bet falls under the regulations of the Tote itself. In general, 2-4 horses will count as being placed, even if the Totalisator might pay on more than 4 places in certain cases. The number of places paid depends on the number of runners that start the race and can be found in the following table:

Mainland
Country
Race Type
Places Paid
Europe Germany Gallop Less than 4 runners: Bets void
4 to 7 runners: 2 places paid
8 to 11 runners: 3 places paid
12 or more runners: 3-4 places paid, as determined by the Totalisator operated by the track 
America All All Tote bet: 2 places
Bookmaker bet: 3 places (using the show odds of the Tote, if applicable) 
 


Special rule for North and South America

If you make a place bet on the Totalisator for races in North and South America, only the first two finishers will count as being placed. Show bets, on such Totes, pay-out on the first three finishers. When we allow bookmaker place bets to be made, on races at tracks where both place and show betting is offered by the local Totalisator (i.e. races in North and South America), we will pay-out winning place bets based upon the rules and dividends for show bets at the track in question.
 

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