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The Tote screens around the racecourse display odds for the next race, which can change right up until they start. The total of all the bets received for a given race will be shared amongst the punters with the winning tickets. Tote betting is available at all Jockey Club Racecourses nationwide. You can bet with the Tote at branded selling points throughout the racecourse or with totepool representatives carrying hand-held devices — these can often be found in hospitality areas.
How to bet with the Tote. Before you decide where to place your money, read on to find out what it is and how it works: What is the Tote? How does it work? Also known as a Trifecta: pick the first three horses in the right order. This is generally really difficult to do and the dividend for getting it right is correspondingly better. The Tote can nominate races containing more than 8 runners as Trifecta races.
There are three types of Trifecta, the Single, Combination and Banker and they work the same way as Exacta bets, only with three horses instead of two. A Quadpot is operated at every meeting in the UK and it takes place on the third to sixth races on the card. The aim is to pick a horse that will be placed in each one of these races, according to the placing rules stated in the Tote Place section above.
The minimum bet is 10p. The dividend is declared after the result of the last race is known and thus the betting pool divided by the remaining stakes which are left. One may select the favourite instead of naming a specific horse. The Placepot is identical to the Quadpot except it operates over the first six races of a race card. All UK race meetings have six races as a minimum, occasionally seven and rarely eight, but the Placepot is always operated on the first six.
This bet is very popular as it has the potential to allow a gambler involvement in the whole of the race card. The minimum bet is 5p. Here is a worked example:. The first race the gambler has opted to choose two horses. Maybe the gambler isn't confident of his abilities or maybe it is a large field and the gambler feels unable to just place one horse.
On race two the gambler has elected to roll with the favourite, whatever it may be. In the final race the gambler has chosen three selections. This is often driven by the motive that if the gambler reaches the last race and still has a bet on, he doesn't want to lose out in the last race by only having one selection.
If after the first race the gambler has failed to pick a selection which was placed then the bet is over. If a selection is placed, then the bet continues, and the winnings are transferred as the stake on the second race. In this example, horse 2 may be placed and horse 7 unplaced, which means the bet continues — but there are now only 6 valid combinations for winning left. However, there isn't a science to guessing what the placepot might be, the placepot dividend is the calculation of the number of tickets left divided by the pool money.
If a selection becomes a non-runner it will be replaced by the Starting Price favourite. Where there are joint favourites and the gambler has selected to roll on the Favourite, then the horse with the lowest race card number will be taken. If the favourite withdraws for instance, the horse refuses to enter its starting gate and the market has no time to select a new favourite the horse with the next shortest odds will become the favourite.
It's rare for a race card to progress without a couple of non-runners so a gambler will be affected by these rules from time to time. The Tote Jackpot is a bet where you have to pick the first 6 winners at a meeting nominated by The Tote.
The bet is available every day of the week excluding Saturday. Typically the payouts are very good for the Jackpot as it is very difficult to pick six winners in a row. The betting pool will roll into the next Jackpot event if there is no dividend to pay. Similar to the Tote Jackpot, Tote Scoop6 is run on Saturdays and occasionally on other days such as Boxing Day, and has been branded this way for television audiences, generally Scoop6 races are shown on terrestrial television in the UK.
There is also a bonus fund whereby the winner of a Scoop6 event can attempt to pick the winner of the most difficult race in next week's Scoop6. This bet is also a Placepot bet, as the Tote also payout a dividend for selecting a horse to be placed in each race. It is also the reason why the placepot payouts are correspondingly higher than a normal placepot as well.
The televised coverage usually announces how many Scoop6 tickets are left after each Scoop6 race, and it is quite common to be left with only three or four tickets after the first four races. As with other Tote bets, non-syndicated bookmakers will normally accept a Tote bet and pay out in line with the Tote dividend.
This is a single-race exotic bet available on all races of six or more runners at every meeting, every day, players have to pick two horses to finish 1st, 2nd or 3rd in any order. The minimum unit stake for a toteswinger bet is 10p shops and online.
Toteswinger is unique to the tote; there is no other equivalent fixed odds or SP bet. From Wikipedia, the free encyclopedia. This article has multiple issues. Please help improve it or discuss these issues on the talk page. Learn how and when to remove these template messages. This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed.
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This is because the odds fall as more people wager. Long shot odds might drop considerably before the start of a race if many people wager on it and think it will win. Visit 1 Betting Guide arrow. Soccernews Recommends View all 15 bookmakers. Watch TV Watch mobile. Rating: A. Watch mobile. Rating: B. Top Picks for your Location Mr Green Mr Green is a new addition to our list of premium sports betting websites, but they are fully deserving of their place.
William Hill has long ago become a household name and many believe they are the very best bookmaker in the business. We definitely agree with the assessment, and so do millions of sports bettors that have been placing their bets with William Hill all these years. Established over a century ago, Ladbrokes is one of the leading sports betting operators in UK and Europe, providing its customers with a safe and secure gaming experience, great online and in-play betting console and Ladbrokes TV live stream service.
Processing over 15 million bets each day, Betfair has set the bar high in the online gaming industry. The omnipresent spirit of innovation follows you every step of the way, while you place your wagers at some of the best odds on the market. One of the world's most reputable bookmakers consistently offers the best prices on Premier League football and also impresses when it comes to horse racing events, while high betting limits and live streaming service only add to the appeal.
Kiev nikkitta Esports v S. Back to Top Desktop Version. That goes into your pocket. But how do the punters know roughly what they are going to get back? Again there are no fixed odds in pari-mutuel betting. But now that we have the final Tote amount and you are accepting no more bets on the race, you can give them a potential payout. Once you know the overall Tote value, you then divide by the Total Staked on a horse. That will give you the Payout Dividend for that runner.
So now each punter knows the value of the payout Dividend on each horse. So Seabiscuit would have been 8. Frankel would have been at The Tote really excels for punters when there are races with high interest, such as the Grand National or the Cheltenham Gold Cup because the pots will be a lot higher than usual, increasing the value of the Dividends.
This is the most simple form of Tote Betting. This is just a straight selection on a horse to win a race. For a Tote Win, you have to just select your horse, your stake and then sit back and hope to watch them cross the line first. If your selection wins the race then you will be paid out at whatever the Dividend on that horse is.
This is the same as picking a winning selection with a regular win single bet. When it comes to the Tote it is still focusing on the horse that you expect to win, and hoping the Tote returns well. This is another straightforward bet type, just operating on the Tote system of payouts as opposed to regular betting. The goal of a Tote Place is to select a horse in a race that you think is going to come home in a Place finish 1st, 2nd or 3rd depending on the race.
This is just a selection from a race on a Place finisher from that event. The number of places that are on offer in a race varies depending on what the race is. Basically, if your selection finishes within the designated Places for that race, you win. You make your Tote stake on Locked Door and he comes home second in a race which has six runners in it. For each unit of stake you played on that selection, it will be multiplied by the Dividend that the bookmaker has calculated at the conclusion of the race.
Note that because it is easier to pick a horse to just finish as opposed to picking it to win outright, the Dividends are going be at less value in Tote Place than in a Tote Win option on the same horse in the same race. This operates just the same as it would as if you were picking out a selection in normal horse racing. In each way Tote offers the best of both worlds in a way, as it combines a Tote Win and a Tote Place into one bet. This is just like backing a horse with a normal each-way option , which offers coverage in case they do fail to land the victory.
So that means if your horse comes home first in the race then you will receive the different Dividends that are offered for the Win and the Place. If your selection only placed then you only receive the Place Dividend, multiplied by your stake. So if Altior had a really bad day at the office and finished outside of the designated places, all stakes are lost. So the slight contingency with an Each Way Option is that it is better suited to backing a horse which is deemed to be a strong contender as opposed to being at the head of the market.
A Tote Exacta can be compared directly to a straight forecast bet. So a straight forecast bet is where you have to correctly predict the 1st and 2nd horse in a race in the exact order. In the Tote though, the payout is based on a Dividend as opposed to fixed odds. You make two predictions in a Tote Exacta, namely which horse finishes first and which finishes second.
There are variations of a Tote Exactas. A Reverse Exacta creates two Exactas, the second a reverse of the first. Therefore, you just need your two selected horses to both make the top two. A variation of the Reverse Exacta but you take more than two selections. If only one of the selections come in in the right spot, the bet is still lost. However, they are very difficult to actually win. A nice feature of a Tote Exacta is adding in a banker. If you are certain that Red Rum is going to win a race, he could be selected as an Exacta Banker.
That is backing him to win and then selecting maybe two or three different horses from the field to come home second. A Tote Trifecta is exactly the same as a Tricast bet from regular betting. The exact top three order in a horse race is needed.
There is a difference between a Tote Trifecta and Tricast is that no fixed odds are used on the Tote version. A Tote Trifecta bet is making the exact call on a 1, 2, 3 order in a horse race. Most Tote operators will accept bets as small at 10p per line on a Trifecta. Only predicting the exact order of the top three wins. Because of the extra coverage that this variation offers compared to a straight Trifecta, it is an extremely popular way to play the bet.
You are still picking 1, 2, 3 in the exact order. But with a reverse you can take more than three selections. As long as three of them finish in the top three in any combination, you win. The minimum of three selections creates six different combinations in a Reverse Tote Trifecta, for example, each needing its own unit of stake. The most common strategy for a Tote Trifecta is playing the Reverse format of it. It is so difficult to land the exact finishing order of the top three in a race.
Even the basic three selections in a Reverse Trifecta gives you six possible outcomes, which are, better than one. If however you are assured that you are getting the right winner at least, you can create them as the Banker and then select the horses to come 2nd and 3rd in the race in any order. As the name suggests, a Quadpot involves four selections and those four selections are in consecutive races at a race meeting.
You select the four winners of four consecutive races. It is a simple bet therefore in that each of the selections have to win to take a Dividend return. Note that in UK racing this will be predetermined for races 3, 4, 5 and 6 on a card. There is a horse racing meeting at Cheltenham, with races going at 1.
As a punter you pick the winner that you want in each of those races. You can nominate more, but each nomination will equal an added stake. You can calculate your stake by multiplying the number of selections.
Visit 1 Betting Guide arrow. Top Picks for your Location a governmental project because it was created by the state authorities as tote betting definition alternative to high street bookmakers that had deserving of their place. The history of tote betting is in direct correlation with was first introduced in Wigan. Soccernews Recommends View all 15. Since the odds change as lottery, the winning in tote a race if many people course and place a bet. The Tote is the bookmaker monopoly since all such provider your stake on and check the clearer the odds will. There are ten variations of. Hopefully, this answers the question. Pick the horse or the tote betting gained vast popularity longer one waits to bet. Now, we would like to give you a brief explanation the horses will arrive at very best bookmaker in the.Everything you need to know about a Tote Betting here at gar.easyreturnsbetting.com house take of the win pool will be 10% meaning the formula used to work the odds is. The Tote is a bookmaker in Britain which offers parimutuel betting on British horse racing in Britain. The firm was owned by the UK Government from and was the only bookmaker in Britain allowed to offer parimutuel betting on horse racing. The Tote is a bookmaker in Britain which offers parimutuel betting on British horse racing in Britain. The firm was owned by the UK Government from and.