How to Make Money from Place Betting

“Place betting is the ‘Marmite’ of the betting world. Some regard it as a form of betting for someone who has little faith, they can pick a winner. Others see place betting as a safe and consistent way to make money from horse racing.

The reality is that even a ‘dead cert’ runner (how I wish such a thing existed!) can be beaten. A horse may just not be up to the task on a day, conditions may not be right for it, or another runner may put in their best performance and steal the race.

Betting for a place gives you a ‘safety net’ that if your selection is beaten you can still make a profit. This is reflected in the odds of course, and you may only make a few pounds on a ten-pound bet. But there are ways to ‘compound’ this, and place betting is generally less frustrating and stressful than sweating as you watch your selection struggling to make it to the front in the crucial final stage of a race.

This guide will describe three specific strategies for place betting, and I hope that you will develop your own ideas and systems from the things you’ll learn.