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Tote Betting (Pool Bets)

The Horse race Totaliser Board (Tote) was introduced to Britain in 1929 to offer pool betting on racecourses. All the money bet on a race is pooled. From the pool a deduction is taken to cover costs and the Tote's contribution to racing. There are different levels of deduction for the different sorts of bets. These vary from 13.5% to 26%. The rest of the pool is divided by the number of winning units to give a dividend. The declared dividend (or Tote return) is declared to a £1 unit stake and includes the £1 stake. You can visit the Tote website at www.totesport.com

Example:

Assume the win pool for a race has received £10,000 of which 1,000 £1 bets have been made on the winner

Total amount bet (pool) £10,000
Deduction (16%) £1,600
Payout £8,400
Dividend £8,400 / 1000 = £8.40

So for every £1 you bet on the winner you would receive £8.40, a £10 winning bet returns £84.00

You cannot know for sure what the dividend will be until after the race and this is the fundamental difference between betting with a bookmaker (fixed odds betting) and betting with the Tote (pool betting). The Tote web site shows you approximate returns before the race but this can only be used as a rough guide. Because bookmakers and the Tote operate differently the odds can differ but neither method is consistently favoured by the discrepancy. It is generally considered to be the case that the Tote offers better value for big priced outsiders.

You can also bet on Tote pools with Betfair,  Paddypower, Coral and Ladbrokes

The Tote also offers a conventional bookmaking facility.

Win

A bet for a horse to win the race.

Minimum bet is £2.

Click here to bet on Tote pools and claim your 25 free bet.

Place

A bet on a horse to come 1st, 2nd, 3rd or 4th. This type of bet is available on all races of five or more runners. The place terms are as follows,

1-4 runners No place betting
5-7 runners 1st or 2nd
8+ runners 1st, 2nd or 3rd
16+ runners (Handicaps) 1st, 2nd, 3rd or 4th

Minimum bet is £2.

Click here to bet on Tote pools and claim your 25 free bet.

Each Way

Two bets, one for the horse to win and one for the horse to be placed. The place terms are the same as for the place bet.

Minimum total stake is £2.

Click here to bet on Tote pools and claim your 25 free bet.

Exacta

The aim of this bet is to select two horses and for them to finish 1st and 2nd in the order selected. This operates on all races of three or more runners.

Minimum total spend is £2.

Click here to bet on Tote pools and claim your 25 free bet.

Trifecta

The aim of this bet is to select three horses and for them to finish 1st, 2nd and 3rd in the order selected. This bet is available on nominated races with eight or more runners.

Minimum total spend is £2.

Click here to bet on Tote pools and claim your 25 free bet.

Swinger

The aim of this bet is to select two horses to finish in the first three places in a race. You get a return for horses finishing 1st and 2nd, 1st and 3rd or 2nd and 3rd.

Minimum total spend is £2.

Click here to bet on Tote pools and claim your 25 free bet.

Jackpot

The aim of this bet is to select the winner of the first six races on the racecard. You can make multiple selections in each race. This bet operates at one specified meeting each day, except Saturdays.

Minimum total spend is £2.

Click here to bet on Tote pools and claim your 25 free bet.

Scoop6

This bet is similar to the Jackpot but only operates on a Saturday. The aim is to select the winner of six televised (usually Channel 4) races. The six races are often spread over two or more meetings. Multiple selections can be made for each race.

Minimum bet is £2.

Click here to bet on Tote pools and claim your 25 free bet.

Placepot

The aim is to select a placed horse in the each of the first six races on the racecard. The place terms are the same as for the place bet but if there are less than five runners the selection has to win. This operates at every meeting every day and multiple selections can be made for each race.

Minimum total spend is £2.

Click here to bet on Tote pools and claim your 25 free bet.

Quadpot

The aim is to select a placed horse in four nominated races on a racecard, usually races three to six. The place terms are the same as for the placepot bet. This operates at every meeting.

Minimum total spend is £1.

Click here to bet on Tote pools and claim your 25 free bet.

Super 7

This the latest addition to the Tote bet portfolio. It is similar to the Jackpot and the Scoop 6 bets in that you have to pick the winner of seven nominated races which are taken from two or three meetings. There are consolation prizes for having five or six winners. It is available every day apart from Saturday.

Minimum bet is £2.

Click here to bet on Tote pools and claim your 25 free bet.

 

 

totesport.com

totesport.com

totesport.com

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