tote questions

[hurler100]

hi folks, bit of a betting novice can somebody please answer this question. in the tote place pot bet, if I choose three horses in each race to place in races 1-6 and my stake is ten pence is will that bet cost me £72.90? am i doing my calculations properly?

[Trotter]

Re: tote questions it's 3x3x3x3x3x3 = 729 at 10p a line = £ 72.90