Place bets Like win bets, here you are required to back a horse or greyhound to place, which will mean in the top two for a race involving up to seven runners, or the top three in a racing involving eight or more runners. Each way bets These work the same way as placing an each-way bet with a conventional bookie. Placepots Placepot bets must be placed before the first race of the meeting. Jackpots Jackpot bets operate in a similar vein to Placepots in that you must select a horse for each race of the meeting.
Quadpots The Quadpot operates in a similar fashion to Placepots, but punters are only required to make four correct selections. Casino online Online casinos: Organization of gambling business. Betting news Eurovision live stream online. Mind ArchieLT Maistas If the horse wins or places, that money is then shared out between all the winning tickets.
The same principle also applies for other bet types such as the placepot and the jackpot. The Tote does need plenty of close attention and it is good to compare the odds on the Tote to other bookmakers. With the prices determined solely on who is betting on what, the odds can be drastically different to those offered by bookmakers. The Tote is usually very good for placing bets on outsiders, as the less popular bets tend to be much bigger prices. You can also bet on place only, which can give good returns for bigger priced runners.
You might place your bet at odds of 2. This means you could be burned drastically if your horse shortens in the market. Racing Tips. Download The App. Greyhound Tips. Horse Racing Tips By Racecourse. Horse Racing Betting Guides. What is the Tote? How does the Tote work? The Tote makes its money by taking a percentage of the pool. What types of Tote bets are there? You can select multiple legs in certain races, depending on how much you want to stake. The pots tend to be bigger, with more players entering as the races are on terrestrial television.
Should I bet on the Tote or with a bookmaker? Bear in mind though that your bet will affect both the size of the overall pool and the proportion staked on your selection — so the bigger your stake, the more significantly it is likely to reduce the dividend.
For this reason there is zero point in backing the same line more than once, to up your stake — if you lose you will lose more, and if you win you will just be winning back the extra money you spent!
There is no each-way betting per se on the Tote — only to win or to place. With an each-way bet, two identical stakes are placed: the first half is wagered on your horse to win, the second half is wagered on your horse to place place terms vary according to the number of horses in a race, the type of race, and further bookmaker offers — you can find out more about place terms here.
Unlike with place markets or each-way terms you would find with a regular, fixed-odds bookmaker, this place market is not a derivative of — or directly calculated from — the win market. So rather than a quarter or a fifth of the ToteWin price like you might expect to see if you are used to each-way betting, it might be significantly more; it might also be significantly less — it all depends on the horse and the race.
Bear in mind though that like all Tote betting, these odds are subject to change right up until the off — the price you get is effectively the SP. How does Tote betting work? It can be found at many pool betting sites that offer horse racing bets. The goal is to back the three horses that will finish on the podium in the selected race. There are three distinct ways to bet and three different variations of the classic Tote trifecta: straight, combination and banker bet.
These are the key characteristics that apply not only to the Tote trifecta, but also similar types of wagers such as the tricast bet. The core difference is that a trifecta Tote will pool their resources of many players together while offering the guarantee that somebody wins the prize:.
The beauty of this type of wager is that you can win large amounts if you make the right prediction. Furthermore, the Tote trifecta pool will not be claimed by the bookmaker if nobody makes the right prediction.
Instead, the Tote trifecta rollover rule applies and the money is simply moved on to the next competition. Once you learn what is Tote trifecta, you need to look closer at the three distinct versions. Straight Trifecta — straight Tote trifecta requires players to pick three horses to win the race, finish second and third. It is mandatory to correctly predict all the selections to cash in.
Combination Trifecta — this type of bet allows players to choose the top three places in any order. The perk of combination Tote trifecta is that you win as long as your horses finish on the podium.
This type of Tote trifecta betting allows you to wager on more horses, to boost the odds of winning. In exchange, you will have to pay a larger amount, as you can see from the table below. Banker Trifecta — this type of Tote trifecta allows you to pick one of the favorites, in conjunction with several other horses.
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