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The PLACE bet is active in all races with seven or more runners. In order to win you have to predict the runner finishing first or second. There is a separate dividend paid for the runner finishing first and the runner finishing second. If the selected horse is scratched from the race the money for the bet is refunded.
If there are only five or fewer horses left in the race, as a result of scratches or horses that were not under the Starter's orders at the starting gate, the bets are cancelled and the money is refunded.
If two or more horses finish simultaneously first or second (dead heat) each horse that finished first or second pays a different dividend.
If there is no winning ticket in a race, the total pool after the deduction of the percentages of the Club (net pool), is transferred to the next race in which the bet is active. This procedure repeats until a winning ticket is found.
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