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Free Bets! Tote Sportsbook Rolls Out "Free Festival Placepot" Deal Ahead of Cheltenham

The Placepot allows bettors to maintain an interest throughout an entire day of racing without the pressure of picking outright winners.

Tote Sportsbook Rolls Out
Tote Sportsbook Rolls Out

Our betting partners at Tote Sportsbook have released a thrilling new promotion just in time for this week's Cheltenham Festival action! Called the "Free Festival Placepot," this innovative offer is set to enhance the betting experience during one of the most anticipated events in the UK racing calendar!

Placing a Placepot bet is a time-honoured tradition among racing fans and is Tote's most celebrated bet type, especially during the Cheltenham Festival. Renowned for its simplicity yet fun nature, the Placepot allows bettors to maintain an interest throughout an entire day of racing without the pressure of picking outright winners. 

Instead, participants are asked to select a horse they believe will be placed in each of the day's first six races.

What sets the Placepot apart is its accessibility to both seasoned punters and newcomers to the racing scene. By choosing a horse to place in each race, participants stand a chance to earn a share of the pot. 

The beauty of the Placepot lies in its communal aspect; if all six of your selections secure a place, you will receive a dividend from the collective pool. The payout amount varies based on the number of winners, with the average dividend hovering around £400. 

However, depending on the day's outcomes, this figure can significantly fluctuate, offering the potential for both modest and substantial returns.

As the Cheltenham Festival approaches, Tote Sportsbook invites racing fans to dive into the action with the "Free Festival Placepot." This is only enhanced by the bookmaker's welcome free bet for new players! Tote Sportsbook has also made our list of top betting sites to live stream Cheltenham races. What more could you want?

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