Tote Horse Racing Betting
This article looks at Tote horse racing betting. The Tote is the former state-owned bookmaker that is now a private operation. Totesport no longer exists so Tote now focuses on horse racing pool bets.
Customers bet into a range of Totepool racing markets and receive a dividend depending on the money in the pool and the bets on each horse. The article also examines the Tote Guarantee and other Tote horse racing offers, plus the Tote Ten To Follow competition.
The Tote Promo Codes 2020
Customers can take advantage of a horse racing welcome offer and promotions related to other gaming products, like Games and Lotto. The table below illustrates the current welcome offers for three products:
|Tote||*Up to £10 risk-free first bet||Max refund £10||Get Promo|
|Tote||**Tote Guarantee||£5 minimum bonus||Get Promo|
|Totepool||***Scoop 6 Bonus Pool||N/A||N/A|
*UK customers only. 18+. Place your first bet on Pools and if it loses we’ll refund your stake in cash. Max refund is £10. Qualifying bet is the first bet added to the betslip. Totewin will be the qualifying bet when a Totewin and a Toteplace bet are struck at the same time. E-wallet deposit restrictions apply.Full T&Cs Apply.
**We’ll always pay at least SP on Win bets. If the dividend is bigger, we’ll payout at the bigger price. Tote.co.uk customers only. Promotion applies to Totewin bets only and covers all UK races. £500 max stake. 18+. T&Cs apply.
Customers with The Tote enjoy welcome bonuses across the product range in addition to promotions related to games and totepool. Specific Terms & Conditions are linked to the offer and general Terms & Condition apply.
How to bet on Horse Racing with The Tote
Here is a step-by-step guide to beginning to place Tote horse racing bets:
- Open an account with Tote.
- Make an initial deposit.
- Locate a horse race.
- Choose a selection and enter the stake.
- Place the bet.
Tote Betting System
Tote is a pool betting operation. Customers bet into a pool for each type of bet, after a short delay or at the end of the meeting the tote dividends are announced. The returns are expressed to a unit of £1 and include the stake.
Dividends are determined by the total prize fund and the stakes on the winning options. Winning bettors are paid out once the dividends have been computed and displayed automatically on screens at the track.
Tote Placepot Explained
The Tote Placepot is a multi-leg pool bet. Bettors place a horse or horses in the first six races on the card. There are standard place terms which determine if a horse is placed in a race. The dividend to £1 is announced after the sixth race.
If there are no favourites placed, the returns can be significant. However, if a number of favourites finish in the places, the dividend can be small. There are often a number of winning tickets in which case the pool fund is split.
Tote Bonuses and Special Promotions
There are two main promotions: Tote Ten to Follow and the Tote Guarantee. The former is a competition whereby entrants select a stable of 10 horses and receive points based on how the horse performs.
There are monthly and overall prizes for the best performing stables. Bonus races earn competitors extra points. There is a Ten To Follow promotion for the jumps season and the Flat. Individuals can make multiple entries and it is a free competition.
The Tote Guarantee is the major ongoing Tote horse racing promotion. Win bets will be settled at the best price between the win dividend and the industry Starting Price (SP).
It is the Tote’s equivalent of Best Odds Guaranteed with fixed odds bookmakers. The Tote Guarantee provides a good incentive to open an account, make a deposit and place bets with Tote. The promise enhances the Tote horse racing betting service.
What are the Most Important Tote Betting Markets in Horse Racing
Tote is now a pool betting operation that offers customers a range of pool bets on horse racing in the UK. Bettors place wagers in each pool for horse racing and at the end of the race a dividend is declared to a unit of £1 and winning customers receive winnings accordingly.
The Tote horse racing bets are for one individual race (single) or a combination of races(multi). The more horses you select and combine in permutations, the higher the total stake goes. Bets are settled after the announcement of each of the horse racing results.
These bets complement the Tote Guarantee and other Tote horse racing offers and the Tote Ten To Follow.
Here are the pool bets for Tote horse racing in Great Britain:
This Tote horse racing bet involves selecting a horse to win, be placed or a combination of both in an each way bet.
This is a forecast bet whereby customers select two horses to finish first and second in the correct order or in any order.
This is also a forecast bet whereby customers select three horses to finish first, second and third in the exact order or any order.
This Tote horse racing bet involves bettors selecting two horses to finish in the first three in the exact order or any order.
The Tote Placepot requires bettors to identify a horse to be placed in the first six races on the card. If there are more than one winning slips, the pool is divided.
The Tote Jackpot asks customers to find the winner of the first six races on the card. The prize fund is shared between the winning ticket holders.
This Tote horse racing bet involves customers selecting the winners of race 3 to race 6. Winning ticket holders share the fund.
This is a multiple covering six selected races. Any winner after the horse racing results are known is entered for the Bonus Pool the following week. This is a win and place Tote horse racing bet. In the case of multiple winners, the prize fund is shared.
What are the most Important Tote Horse Racing Betting Events?
Tote horse racing betting takes place throughout the year in the UK. There are three types of meetings:
The biggest betting meetings are the festivals but there are also a number of individual races that attract a great deal of Tote horse racing interest. Here are the biggest racing occasions of the year:
The Grand National is the most famous steeplechase in the world. It is run over four miles and almost three furlongs in April at Aintree Racecourse near Liverpool.
It is the biggest betting race of the year in the UK and attracts once-a-year-punters who do not bet on any other race. The Grand National is the biggest Tote horse racing turnover race of the season.
The Cheltenham Festival is the biggest betting meeting of the season. It takes place over four days in the second week in March at Cheltenham Racecourse in Gloucestershire. There are 28 races, featuring championship races over hurdles and fences.
There is a champion bumper and cross country race. Cheltenham is the most important week of the season for Tote horse racing betting.
Royal Ascot is the equivalent of Cheltenham on the Flat. It takes place over five days in the third week of June. It is as much a social occasion as a race meeting and the Queen attends on all five days.
Royal Ascot brings together the best horse from the UK and Ireland and other parts of Europe and the rest of the world. The most famous race at the meeting is the Gold Cup.
Best Features at Tote for Betting on Horse Racing
Here are the main positives of Tote horse racing betting:
|UK horse racing||Betting on every meeting|
|Races covered||Every race on the card|
|Stakes||Minimum bet of £2 across all bets.|
|Markets||8 markets – single leg and multi leg|
Tote Horse Racing Live Streaming Service
Tote does not live stream UK horse racing. Bettors can watch UK racing on two subscription channels, terrestrial television, online at bookmaker websites and offline in betting offices.
FAQs: Tote Horse Racing
Here are the answers to some common questions about Tote:
Which Types of Tips are Offered for Horse Racing?
There are win and each way tips for horse racing.
What is Tote Betting?
Tote betting is a pool operation for horse racing in the UK.
What are Some Tips to Enjoy Betting on this Sport and Making Successful Tote Bets?
Bettors should bet within a budget and study plenty of past results before placing a bet.
How can you Access the Current Odds From Your Phone through the Tote App or Website?
Mobile and desktop computer users can easily locate each race and the current odds following the navigation menus.
How to Calculate Tote Bets?
There is a stake unit and dividend which are used to calculate the returns from a winning Tote bet.
What is Tote Placepot?
The Tote Placepot is a multiple bet that involves selecting a horse or horses to be placed in the first six races on a card.
The Tote Horse Racing
- horse racing offers for new customers
- horse racing offers for existing customers
The Tote are a very new bookmaker that remain in a transitional period. The firm are planning big things for the future of their online betting business. No doubt they’ll move quickly to ensure they keep their momentum and pull in a decdent share of the market. The early signs look promising, and we are looking forward to what is to come.