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What Is The Tote? Simple Guide & Explanation | myracing
https://myracing.com/news/what-is-the-tote-simple-guide-explanation/
The Tote is in effect a pool into which everyone who has had a bet places their money. When the result is known, those with winning selections …
What The Tote Is and How It Works | myracing
https://myracing.com/guides/the-tote-explained/what-the-tote-is-and-how-it-works/
The Tote is the traditional bookmaker for pool betting, founded by the government in 1928. Pool betting sees all punters putting their stake for their selection into a pool, which is then split between all winners equally. One of the most well-known ways to bet on horse racing, the Tote can be found at both racecourses and online.
What is the ‘Tote’ betting in horse racing? - Horse.Bet
https://horse.bet/guides/what-is-the-tote-betting-in-horse-racing/
What is the ‘Tote’ betting in horse racing? In parimutuel horse gambling, the Tote is the computer system that calculates and displays the odds on each horse and then determines the payouts after the race is declared official. The name Tote is derived from the Horserace Totalisator Board, an ingenious contraption that first debuted in the U.K. at the Newmarket and …
Understanding The Tote - Arena Racing Company
https://www.arenaracingcompany.co.uk/media-centre/resources/guide-to-betting/understanding-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 …
What is Tote betting? - HorseRacingQA.com
https://www.horseracingqa.com/what-is-tote-betting/
What is Tote betting? ‘Tote’ is short for Horserace Totalisator Board and refers to a statutory corporation established, as the Racehorse Betting Control Board, in 1928. For much of its existence, the Tote was the only company in Britain allowed to accept pool bets. Since the turn of the twenty-first century, the Tote has become a privatised, limited company and has lost its …
What is a Tote Placepot and How Does it Work?
https://www.irishracing.com/betting/guides/what-is-a-tote-placepot
The Tote placepot is a type of pool bet particularly popular with horse racing bettors. A placepot requires you to choose a horse to place in each of the first six races at a race meeting. This bet must be placed before the racing starts. A placepot adds intrigue and excitement to a day at the races and the each-way aspect of the bet means your ...
How to bet with the Tote - Racing Explained
https://www.racingexplained.co.uk/betting/betting-with-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.
Tote betting - Wikipedia
https://en.wikipedia.org/wiki/Tote_betting
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. The Tote was then sold to Betfred in July 2011 for £265 million, allowing them to offer parimutuel betting services. The Tote was …
Understanding the Tote Board - ultimatecapper.com
https://ultimatecapper.com/understanding-the-tote-board-37546/
The tote board – that big electronic monster you see sitting in the infield at a racetrack is the nerve center of the track – at least on the front side where the bets are made. It displays odds, probable payouts, betting pools, race fractions, final times, track conditions, official results and more.
How Do Odds Work in Betting in Horse Racing 2022
https://www.ezhorsebetting.com/how-do-odds-work-in-betting/
Bookies Give Way to Tote Boards in Horse Racing Betting. In the UK and even in the US for a long period of time, bookies were used to handle horse racing betting. The thing about the days when bets were made with bookies was that you could shop for odds among the different bookmakers. This is still the case in the UK today where bookies are ...
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