A lot of punters believe the misconception that picking a horse for the place is easy, if it was we would all be lining our pockets with trifecta wins!

Look at all the system results we see in this forum, the win POT is always bigger than the place POT.

A Place bet has 3 chances of a collect and a win bet only 1 chance, which brings up another misconception; that a place bet has 3 times the chance of a collect than a win bet. The truth is a place bet gets 2 more chances of a collect than a win bet, not 3.
Most place odds are between 1/6th to 1/4 the win price, so it doesn't take rocket science to work out that the win bettor is always going to be streets ahead. Less collects sure, but the win punter will win more or lose less than a place punter. It's simple maths. I'm not saying it's impossible to win backing for the place only [Partypooper does], but I'm sure a heck of a lot of hard work and skill is involved.

OK, so better than 1/4 win odds are often available on the totes but usually not on the horse you want to back and even if you do get say 1/3 odds [or sometimes even better], more often than not, watch the odds disappear to 1/4 to 1/6th the win price after they jump!