The Betfair Place markets can offer excellent valuse compared to the totes.

Especially if the selection is not the fav.

I have seen many a time where say a horse pays 1.60 on the TAB
And 2.60 on Betfair
That's .60/1 compared to 1.60/1
That's a massive difference of 167%

One can make good money place betting with percentages like that.

Note:
One has to convert decimal odds to fractional odds to work out the percentages correctly.

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Cheers.