cover bet

Asked this myself a while ago, not certain i remember the answer, but think was if you took the reduced odds for cover bet, ie) 5/2 instead of 7/2 you'd  get stake back if 2nd, but will be happy to be corrected if wrong

hope this helps   A single bet on a horse to win the race. If your horse places but does not win, your stake is returned depending on the number of places chosen on your Cover Bet. Due to the additional insurance on the bet, the Cover Bet price will be shorter than the Fixed Odds price for the same horse. For example, if you place 'Cover Bet 3 places' and your selection finishes in second or third place, your stake will be returned. If your horse wins the race, your bet will be paid out as a single Win, at the odds taken at the time of bet placement. Cover Bets for 2, 3 or 4 places will be offered subject to the number of horses declared to run.

Andy got it

Thank you