Place Betting

All Place bets shall require the selected runner to finish in 1st, 2nd or 3rd place in order to be successful, dependent on the field size. For the avoidance of any doubt, “nominated starters, prior to scratchings” means the number of declared starters upon finalisation of the official scratchings. 

For all Australian & New Zealand Racing: 

• For races with 8 or more nominated starters, prior to scratchings: Place pays for 1st, 2nd, and 3rd in a race.
• For races with 5-7 nominated starters, prior to scratchings: Place pays for 1st and 2nd in a race. 
• For races with 4 or less nominated starters, all Place bets are refunded. 

For all other Racing: 

• For races with 8 or more starters: Place pays for 1st, 2nd, and 3rd in a race. 
• For races with 5-7 starters: Place pays for 1st and 2nd in a race. 
• For races with 4 or less starters, all Place bets are refunded.

For Australian racing, in the event that Place dividends are declared by less than the three Australian Totes, all Place wagers will be void and the stake/s fully refunded.

Dead heat rules and deductions for late scratchings on fixed odds bets apply. 

Place Betting Types

Fixed Price

Odds received at the time of bet placement.

MidTote

Middle tote is the second highest paying tote from the three main Australian totes. Only used on selected events.

TopTote

Best place dividend derived from the three main Australian totes. Only used on selected events.

VicPlace

Victorian tote dividends only will be paid on selected meetings.

Default Tote

If no tote is nominated when a choice of tote prices are offered, the Victorian tote dividend will be paid as the default.