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A Place Pick All bet is a multi-race wager in horse racing betting. You must correctly select a horse to finish either first or second in each race of a designated sequence.
Your horses do not need to win. They only need to finish in the top two in every leg. Lower difficulty than win-based Pick bets, but still challenging over multiple races.
A Place Pick All links several consecutive races together, similar to other Pick wagers. Instead of selecting winners, you are selecting horses to finish first or second in each race.
You may use one or more horses per race, creating multiple combinations on the same ticket. The more horses you include, the higher the total cost.
Place Pick All bets are placed into a separate pool, and payouts are determined once betting closes for the first race in the sequence.
If all of your selected horses finish first or second in every race of the sequence, you receive a payout from the Place Pick All pool, plus your original wager.
Because the wager allows two finishing positions per race, payouts are generally smaller than win-based Pick bets of the same length.
The reduced payout reflects the increased probability of successfully completing the sequence.
Experienced bettors use Place Pick All bets when they believe they can consistently identify competitive horses across multiple races.
This wager is often used on cards where strong favorites are present, making win-based Pick bets less attractive.
Place Pick All bets can also be useful for reducing volatility while still participating in multi-race wagering.
Even though Place Pick All bets feel safer, value still determines whether the wager is worthwhile.
A low payout across a long sequence may not justify the cost and effort, especially when multiple favorites dominate the card.
Finishing in the top two feels easier than winning, but the cost of covering many horses can erase that advantage.
Focus on strong contenders rather than excessive coverage.
Each additional horse added to a race multiplies the number of combinations.
Always calculate total ticket cost before placing the bet.
Not all Place Pick All sequences offer value. Cards dominated by heavy favorites often produce weak payouts.
Look for sequences where place finishes feel predictable but not overly obvious.
Win-based Pick bets require selecting winners. Place Pick All bets require top-two finishers.
The trade-off is clear: higher hit rate, lower payout. Choosing between them depends on goals and risk tolerance.
Basic bets: Win, Place, Show, Across the Board, Straight Wager
Popular exotics: Quinella, Exacta, Box Bet, Trifecta, Superfecta, Exotic Bets
Multi-race wagers: Daily Double, Pick 3, Pick 4, Pick 5, Pick 6, Place Pick All
Place Pick All bets are best used when you want multi-race exposure without the extreme volatility of win-based Pick wagers.
For bettors seeking consistency over long sequences, Place Pick All offers a structured alternative that prioritizes survival over big scores.
