What Is The Meaning Of Tote In Horse Racing?

by | Last updated on January 24, 2024

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What is the Tote? The Tote is different from traditional bookmakers, in that it is betting from

a cumulative pool of prize money rather than on

fixed odds return. This means you place your bet and your stake goes into a ‘pool’ of money. Each bet type has its own respective pool.

Is Tote a bookmaker?

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 1928 and was the only bookmaker in Britain allowed to offer parimutuel betting on horse racing.

Is Tote or fixed better?

Since the payouts in totes bets are an approximation that

gets better

as the race draws nearer, it’s often worth waiting before placing your bet. In contrast, if you really want to back the favourite, perhaps fixed odds are the best way to go (so you avoid your winnings being diluted as more people make the same bet).

What is Tote win?

The Tote Win bet is one in

which you back a horse to win a race using

the Tote, the UK’s historic pool betting operator. The minimum stake is 50p.

How is the Tote calculated?

To calculate how many lines you have, simply

multiply the number of lines you have in race one by the number of lines in race two

, then multiply the answer by the amount of lines in race three and so on until you’ve done so for each of the six races in your Tote Placepot.

What is best tote plus?

What is Top Tote Plus? Top Tote Plus is a bet type that guarantees punters the higher of:

the best price declared on the three totes

or the official starting price. Top Tote Plus is a great option when betting during the 30 minutes before the race when Top Fluc and Best of the Best are no longer available.

How does the tote work?

What is the Tote? The Tote essentially works in a similar way to the lottery.

Punters pick their horses and put their money into a cumulative pool

– everyone with a winning ticket shares a percentage of the pot. If fewer people backed your horse, you will get a greater share if it wins.

What does Tote stand for?

Acronym Definition TOTE Time is Of The Essence TOTE Table of the Elements (record label) TOTE Totem Ocean Trailer Express, Inc (cargo steamship) TOTE Test-Operate-Test-Exit

What is the minimum bet on the tote?

The Tote Place bet is one in which you back a single horse to place in a race with a

minimum stake of 50p

, and your selection must win or place for a return. Tote Place bets are offered on all races that have five or more runners and are one of the most popular the Tote offers.

What is Tote Exacta?

The Tote Exacta is

a bet in which the aim is to select the horses that finish first and second in a race

. It is the pool betting version of the forecast bet offered by fixed odds bookmakers. … There are four types of Tote Exacta bet, all of which can be placed via the Exacta tab on any race at the Tote website.

What is tote bag made of?

The archetypal tote bag is made of

sturdy cloth

, perhaps with thick leather at its handles or bottom; leather versions often have a pebbled surface. Common fabrics include canvas, Jute, nylon and other easy-care synthetics, which have become common, although these may degrade with prolonged exposure to sunlight.

Can you bet on the tote online?

Betting Online


All online bets are covered by Tote Guarantee

which means you will always receive SP or better. You can stream live UK and Irish racing without placing a bet. Bets can be placed on all UK and Irish racing alongside selected international racing.

Is Sportsbet and TAB the same?


Just like a TAB account

, betting with Sportsbet is safe, secure and government regulated. Unlike the TAB, Sportsbet will pay you the best odds of the three Australian TAB’s or the SP, not just the odds available in your state.

Is Placepot a good bet?

It is not only the payouts that make the Placepot a great bet. If you’re looking to enjoy a day of racing, the Placepot can keep you

entertained all

afternoon. … Tote Placepot provides a betting interest in the first six races on a card and for a small stake, you can land a share of big Placepot fund dividends.

How do you get TOTE winnings?

Winning tickets should be claimed on the day or at a future meeting from any Tote window at one of our 55 racecourses. All payments will be made via BACS transfer. Please allow 7-10 working days for this transfer to be completed. You have

53 weeks from the date of the race

to collect any winnings.

Who runs the tote?

Industry Gambling Founded 1928 Headquarters Wigan, Greater Manchester Products Sports betting, Casino, Games and Bingo. Owner

UK Tote Group

(formerly Alizeti Capital)
Rebecca Patel
Author
Rebecca Patel
Rebecca is a beauty and style expert with over 10 years of experience in the industry. She is a licensed esthetician and has worked with top brands in the beauty industry. Rebecca is passionate about helping people feel confident and beautiful in their own skin, and she uses her expertise to create informative and helpful content that educates readers on the latest trends and techniques in the beauty world.