Excel Formula - IF/OR

I'm trying to run a running total where if the conditions are met with "Won" or "Placed" it will automatically run the sum.

However part of this formula is not working the way I would like as it's displaying FALSE in the column when "Won" is the selection.

When "Placed" is selected is runs the sum fine.

Original formula:

=IF(I3="Won",(E3*(G3-1))*0.95,-E3)

Formula with Placed added:

=IF(OR(I3="Won"),OR(I3="Placed"),(F3*(H3-1))*0.95)

Sorry if I haven't explained this well as I'm not very good with excel! Any help would be greatly appreciated!!

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