Totepool – A Beginner’s Guide

| November 23, 2010 | Reply

In a nutshell

Tote Sport or, the ‘Tote’, is a formerly government run bookmaker (recently bought by Betfred) that offers a range of ‘Totepool’ bets. This is where winners are given a percentage of the overall pot rather than winnings being worked out according to their odds.

Advantages and disadvantages

‘Pool’ bets are great ways to make a lot of money for a small stake. However, with any bet of this type, the chances of winning tend to be quite slim. The National Lottery, for example, is a type of ‘pool’ bet, albeit not one that is run by the Tote.

They are ideal when you have identified lots of potential winners or simply want something to keep you interested throughout an entire race meeting.

Payouts vary greatly as they are determined by the number of bets placed and the number of winning tickets. In fact, until the bet has been settled, you can never be sure just how much a winner will pay out.

People have been known to win tens of thousands of pounds but similarly you can end up disappointed.

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What markets are available?

Totepool is synonymous with horseracing and offers a number of markets in this sport.

Amongst the most popular are the Placepot, where you have to select a placed horse in six separate races and the Trifecta where you have to select the top three horses in one race (in the correct order).

Where can I find out more?

To place any bet with the Tote head over to their website.

For information on dividends (how much a successful bet will win) check the horseracing results over at the Racing Post.

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Category: Betting Guides

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