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This article is about the Australian English usage of punting. For other uses, see punt disambiguation and punter disambiguation. Wikipedia glossary. Retrieved 31 January Retrieved 1 August Retrieved 7 December Archived from the original on 30 June Retrieved 27 July Retrieved 8 October Archived from the original on 14 April Retrieved 26 July BBC News.
Retrieved 4 August Retrieved 25 March Oze Punting. Also known as a Trifecta: pick the first three horses in the right order. This is generally really difficult to do and the dividend for getting it right is correspondingly better. The Tote can nominate races containing more than 8 runners as Trifecta races.
There are three types of Trifecta, the Single, Combination and Banker and they work the same way as Exacta bets, only with three horses instead of two. A Quadpot is operated at every meeting in the UK and it takes place on the third to sixth races on the card. The aim is to pick a horse that will be placed in each one of these races, according to the placing rules stated in the Tote Place section above.
The minimum bet is 10p. The dividend is declared after the result of the last race is known and thus the betting pool divided by the remaining stakes which are left. One may select the favourite instead of naming a specific horse. The Placepot is identical to the Quadpot except it operates over the first six races of a race card. All UK race meetings have six races as a minimum, occasionally seven and rarely eight, but the Placepot is always operated on the first six.
This bet is very popular as it has the potential to allow a gambler involvement in the whole of the race card. The minimum bet is 5p. Here is a worked example:. The first race the gambler has opted to choose two horses. Maybe the gambler isn't confident of his abilities or maybe it is a large field and the gambler feels unable to just place one horse. On race two the gambler has elected to roll with the favourite, whatever it may be.
In the final race the gambler has chosen three selections. This is often driven by the motive that if the gambler reaches the last race and still has a bet on, he doesn't want to lose out in the last race by only having one selection. If after the first race the gambler has failed to pick a selection which was placed then the bet is over. If a selection is placed, then the bet continues, and the winnings are transferred as the stake on the second race.
In this example, horse 2 may be placed and horse 7 unplaced, which means the bet continues — but there are now only 6 valid combinations for winning left. However, there isn't a science to guessing what the placepot might be, the placepot dividend is the calculation of the number of tickets left divided by the pool money.
If a selection becomes a non-runner it will be replaced by the Starting Price favourite. Where there are joint favourites and the gambler has selected to roll on the Favourite, then the horse with the lowest race card number will be taken. If the favourite withdraws for instance, the horse refuses to enter its starting gate and the market has no time to select a new favourite the horse with the next shortest odds will become the favourite. It's rare for a race card to progress without a couple of non-runners so a gambler will be affected by these rules from time to time.
The Tote Jackpot is a bet where you have to pick the first 6 winners at a meeting nominated by The Tote. The bet is available every day of the week excluding Saturday. Typically the payouts are very good for the Jackpot as it is very difficult to pick six winners in a row. The betting pool will roll into the next Jackpot event if there is no dividend to pay. Similar to the Tote Jackpot, Tote Scoop6 is run on Saturdays and occasionally on other days such as Boxing Day, and has been branded this way for television audiences, generally Scoop6 races are shown on terrestrial television in the UK.
There is also a bonus fund whereby the winner of a Scoop6 event can attempt to pick the winner of the most difficult race in next week's Scoop6. This bet is also a Placepot bet, as the Tote also payout a dividend for selecting a horse to be placed in each race. It is also the reason why the placepot payouts are correspondingly higher than a normal placepot as well.
The televised coverage usually announces how many Scoop6 tickets are left after each Scoop6 race, and it is quite common to be left with only three or four tickets after the first four races. As with other Tote bets, non-syndicated bookmakers will normally accept a Tote bet and pay out in line with the Tote dividend. This is a single-race exotic bet available on all races of six or more runners at every meeting, every day, players have to pick two horses to finish 1st, 2nd or 3rd in any order.
The minimum unit stake for a toteswinger bet is 10p shops and online. Toteswinger is unique to the tote; there is no other equivalent fixed odds or SP bet. From Wikipedia, the free encyclopedia. Redirected from Place Horse Terminology. This article has multiple issues. Please help improve it or discuss these issues on the talk page. Learn how and when to remove these template messages. This article needs additional citations for verification.
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