Guide to Tote betting: Introduction - At The Races

By Matthew Taylor, At The Races. Welcome to the attheraces.com guide to betting on the Tote. In this six-part series we are going to cover the basics of how the Tote and pool betting works to …

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What Is Tote Betting? – Multi-Race Bet Builder | Tix

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Tote betting began in Britain with the foundation of ‘the tote’ in 1928, and the first bets were struck on the tote in July 1929. ... if £10,000 is bet (after deductions) on a race, with £1,000 bet on …

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FAQs about Guide to Tote betting: Introduction - At The Races Coupon?

How does the Tote betting work?

When betting with the Tote you are betting into a pool. That means all the money staked on each horse in the race is pooled together. After the race, everyone who has backed the winner will receive a share of that pool money, depending on the size of their original stake. ...

What is a tote bet in horse racing?

A Tote bet is a popular bet type among horse racing bettors. It involves pooling bets on a race or event into a pot which is then shared between the winners. For those new to Tote betting, it works in a similar way to the lottery. On the face of it, all you have to do is make your selection and place the bet to win a share of the jackpot. ...

What are the different types of tote betting?

Now, let’s get into the different types of Tote betting. The win wager is the simplest form of Tote bet that requires you to pick a single horse to win a race outright. You need to predict the winner whether the race is a 5-runner or more. For example, you can place a Tote sports bet on horse 3 to win an 8-runner race during the Grand National. ...

What is a tote each way bet?

Tote each-way: In a Tote each way bet, you put a minimum stake of 50p on a horse to place in a race, the chosen horse must win or place to earn a return. It is usually offered on all races with five or more runners and is a particularly popular Tote bet. These Tote bets usually have a lower payout than bets on an outright win or exotic bets. ...

Can You bet on horse racing without the Tote formula?

There are other types of betting on horse racing that don’t use the Tote formula, such as “ fixed odds ” (similar to sports betting) and “exchange” (like a stock market), that are popular in the U.K. and the EU, but not so much in the USA. That may be starting to change. ...

How many runners can you bet on a tote?

4 or fewer runners: No place betting Between 5 and 7 runners: The first two More than 8 runners: The first three Handicaps with 16 or more runners: The first four When betting with the Tote you also have other types of exotic bets to enjoy, which can yield big returns for a small outlay. ...