Placed Horse

A placed horse is simply one that finished in the places (and an unplaced horse is one that didn't win or finish in the places) . Technically a winning horse is a placed horse also it finished in first place, but generally when we refer to a placed horse we mean one that finished in the places without winning.

So what are the places.

These are the standard UK place terms, they apply to horse racing and greyhound racing. If your horse finishes in one of these positions then they have placed.

• 1-4 runners: win only.
• 5-7 runners: 1/4 odds a place for 1,2.
• 8+ runners: 1/5 odds a place for 1,2,3.
• 12-15 runners in handicaps only: 1/4 odds a place 1,2,3
• 16+ runners in handicaps only: 1/4 odds a place 1,2,3,4.

Frequently these days online bookmakers will offer extra places on certain races, usually the ones with bigger fields where they consider their risk to be low, you'll find these extra places quoted on their websites but it's easier to see them all in one place at Oddschecker

So why do we have places in a race and why are they important.

The place is important because you can make eachway and place only bets.

An eachway bet is actually two bets. One bet to win and one to place.

For the place part you get odds calculated as a fraction of the starting price or the price you took for the win part of the bet.

So as an example lets say we are betting a horse in a 20 runner handicap at 16/1 and we bet £1 each-way.

What we have then is a £1 bet at 16/1 that the horse will win.

And a £1 bet at 4/1 that the horse will finish in the first four.

Our total stake is £2

If it wins we collect £17 (£16 profit + £1 stake) for the win part and £5 (£4 profit + £1 stake) for the place part.

So a total return of £22 a profit of £20.

If it places we collect just the £5 for the place part which is a £3 profit.

You can use our each-way bet calculator to work out your returns