Totepool And Tote Betting Explained

TotepoolIf you have been just close to a horse race circuit in the UK, you will know what the tote is. The Tote was invented by the UK government back in 1928, and it was sold to Betfred in 2011. The Tote is, in a nutshell, the only licensed form of pool betting on horse racing. Totesport has its brand, and you will be able to find outlets in nearly every Britain’s race tracks. In total there are more than 500 betting shops around the country.

The Tote is a non-fixed odds betting where the winnings are defined by the size of the pool and also the total number of people that will share the prize: this is also known as pari-mutuel bet. The Tote is composed of several betting options like win singles, each-way, place bets, forecast betting, jackpots and lots more which we have explained below.

You will see that Tote bets are licensed to some bookmakers however Betfred owns the original license. With this bookmaker, you can get the full range of features and jackpots, so it is advised to bet with them if you are interested in The Tote. In this page, we will guide you through the different tote offers available and also the standard terms and conditions you will need to be aware of.

Best Tote And Totepool Betting Sites

TotesportBetfred & Totesport

For new punters, it might be quite confusing to understand the difference between the Tote, Totepool, and Totesport. It makes sense to clarify those concepts before exploring more details of this fascinating way of betting. The Tote is simply a pool bet and has been run for a long time by a bookmaker that had the same name ‘The Tote’. This bookmaker was then rebranded in 2004 as Totesport: to facilitate the marketing the bets tote types were classified under the name Totepool.

In 2011 Betfred acquired the Tote, and in the process, they also bought the online site: this means that Betfred is now able to offer totepool markets through their website and in the same way Totesport can provide the same fixed odds markets, in-play betting, streaming and offers that their parent has.

If we look at Totesport we can see that it has become a clone of Betfred as they have the same functionalities. Even if Betfred have licensed out totepool bets also to other betting sites, they have kept for themselves some exclusive features that you won’t find elsewhere like enhanced jackpots and unique promotions. The good news is that even if Totesport and Betfred are the same company you can still claim welcome bonus offers from both sites which is great. Betfred Full Review.

Join Now Button

18+ years only | T&C’s Applies | Please Gamble Responsibly visit BeGambleAware

Other Places To Place Totepool Bets

The tote is currently running on a 7-year private license however others bookmakers can join the tote syndicate. The way it works is that bets placed with those betting sites are included in the same pool pot.

In addition to that, there are also non-syndicated bookmakers that are accepting tote bets, and that will pay out in line with the official tote dividend. Those bets will not be included in the pot itself, and generally, it is advisable that you bet with a syndicated betting site.

In our betting sites reviews, you will find out individual online bookmakers that are accepting tote bets. Please also remember that not all Tote bets are taken by all tote bookmakers. To get the best range of tote betting opportunities you should bet directly either with Totesport or Betfred that own the license and can, therefore, offer all totepool bets.

How To Bet On Totepool

Totepool TypesTotepool betting is not too different from conventional fixed odds singles, accumulator and forecast bets. To get the actions going, you need to make your selections on a totepool coupon either as a single bet or as a multiple bet. There are some restrictions in the scoop6 and totejackpot where you can only pick a one-line bet although you can place as many lines as you like. Other bets types like placepot and quadpot will permit you to make several selections in a race by merely increasing the number of lines. Minimum stakes do apply, but these are always £2 or less.

Totepool Bets Explained

Totebets can be placed in many different ways. You can place them as win bets, place bets, mixed each-way bets, forecasts and a lot more. Even if the names do not help these bet types are easy to understand and we will go through all here.

In every Totebet the winnings are determined by the net amount of money in the pot divided by the number of winners. The majority of tote bets are also applicable to Greyhound Racing. In Tote the minimum stake is usually £1 or £2 on course. Please note that this is the minimum total bet and that the unit stake can be lower but the total amount has to exceed that value.

Totepool Single Bets

totewin

Totewin is the easiest as it is just a win bet. It usually has better than the fixed-odds industry starting price (SP). All it is pretty straightforward here as all you need to do is picking a horse by name, number or you can also decide to back the favourite. The winning pot usually is the biggest of the single bet pots.

After the race, the net pool is divided by the total stakes on the winner, and it is then multiplied by your stake to determine the payout: if there is a dead heat than the net pool is divided between the runners. Non-runners are void, and the stake is given back. Totewin bets can also be combined into multiples.

toteplace

In this type of totebet you need to back a horse to place in a race: this is a single bet, and you will get a payout if a horse places. So if you think the horse will place but not win then this could be a good shout.

In Toteeachway there are two pots: one is for the winner, and one is for the place. In this case, the minimum bet is £2, £1 each-way. 5-7 runners races have two places paid while 8-15 runners have three places paid. If it is a handicap race with 16 or more runners than you will get four places.

totedouble

Here you will need to select the winning horse in each of two specific races at the same meeting. Totepool will nominate this. This type is very similar to placing a straight double in a fixed-odds bookmaker.

In case there is a non-runner than it will be replaced by the starting place favourite. If one of the races will not run then you get paid out on the first race (so basically it will revert to a totewin bet). If none of the race will take place, then it is a void, and you will get your initial stake bet. The minimum unit stake is 50p, and the final amount should be £1 or more.

totetreble

Again this is very straightforward as you will need to pick winning horses from 3 specific races from the same meeting that will be nominated by totepool. So this is the totepool version of what would be a straight line treble in a fixed odds betting site.

The terms are the same as totedouble: if a race will not run you will get paid on the remaining races and if all races are void then you will get your money bet. Non-runners will revert your bet to the SP favourite.

totetrifecta

In this triple forecast bet you will be predicting the order at the end of the race for the first three horses (1st, 2nd, and 3rd). This type of bet applies typically to races with 8 or more runners. It is the totepool equivalent of a tricast, and it is challenging to win. On the positive side though the winners will be less so if you are lucky you will go away with a big part of the pool. If there are non-runners, the field size goes below 3 and then the bet is void.

toteexacta 300x67 - Totepool Offers

In this straight forecast, you will be asked to predict the winner and the 2nd place in the right order. The terms are the same and this only applies when there are 3+ runners.

toteswinger

In this bet you are allowed to pick any two horses to finish 1st, 2nd or 3rd in any order: this is also called ‘exotic’ bet. In case the field size goes down to 4 or 5 then the payout will be on the first two horses. If there are less then four runners, then the bet will be void. This type of totepool is prevalent in South Africa where it accounts for 40% of all the total pool turnover.

Totepool Multiple Bets

totejackpot - Totepool Offers

In this bet type, you will need to pick the winners from six races that are selected by totepool every day. If you get all the selections correctly, you will win a considerable amount already with a stake of just £1. If there are no winners, the jackpot will roll over and in some cases has reached massive levels like £1.5 million.

In our opinion, this is probably the more fun bets you can place on the Tote. Most punters usually chuck a pound on this in addition to their regular betting in the hope that one day it will be the day.

https://bestbettingsites.online/betfred

Similarly to the jackpot, this is a feature that is available every Saturday and also around special days like boxing day. Scoop6 races are usually the top ones that are televised. The stake per line for totescoop6 is £2, and if there is no winner, then the pool rolls over. In this tote pool the jackpot reaches typically and exceed the £1,000,000.

In addition to the win fund, there is also a place fund which has an average payout of £1,000: this is destined to those punters that have picked six horses that placed. As if this wasn’t enough, winners will also get to play for a bonus the following Saturday: in this case, the winners will have to guess the winner of a single selected race to get a bonus. The bonuses tend to grow very big, and there are also other offers that get launched from time to time.

https://bestbettingsites.online/betfred

The Placepot is, without a doubt, the most popular totepool multiple bet type. As the name indicates, punters will have to pick six horses to place in the first six races of a meeting. This bet type is available at all UK meetings that are made of a minimum of six races. The first six races on the card do qualify.

The minimum unit stake, in this case, is 10p/line and the minimum total bet is £1. It is worth noting that you can pick as many horses to place in a race as you like. For example, in 6 races you can select a single horse in 2 races, two horses in three races and three horses in the last race. In this scenario, the total number of lines will be 1x1x2x2x2x3 = 24 which at 10p/line will cost £2.40. The reason why this type of tote bet is prevalent is that tends to keep you in the game for longer. The average payout is not bad either as it is generally around £400 per £1 invested.

totequadpot

This tote bet type is available for every UK meeting that has at least six races. You will need to pick a horse to place in each of the four races (3rd to the 6th race). Similarly to the previous bet type, the minimum unit stake is 10p/line with an overall minimum of £1.

Lots of punters prefer quadpots as it is easier to guess the places in four races compared with the six races in the placepot. The average payout is still very interesting as it is £58 for every £1 stakes: considering that there are lots more chances to win this is an attractive proposition.

Totepool Offers And Jackpots

ToteScoop6 Guaranteed Jackpot & Extra Dividends

scoop6As mentioned previously Scoop6 is a particular jackpot tote that is available every Saturday and also on special holidays. It is dedicated to the most significant meetings and races. The history of ToteScoop6 is fascinating as over time has created lots of millionaires. Jackpot roll over if there are no winners and in feature meetings such as Cheltenham or Ascot the jackpots are guaranteed. In addition to this winners will also have the opportunity to play a bonus game the following week: in this, they will have to guess one winner correct. It is the norm that Betfred and Totesport enhance dividends on top of the regular jackpot for those punters who bet with them.

ToteJackpot £1M+ Rollovers

totejackpot-1It is worth keeping on eye on the totejackpot as it can reach extraordinary levels. Since it does roll over on a daily basis it can deliver wonders: sometimes it gives few tens of thousands, but there have been periods where it has reached six figures and sometimes even seven. The record jackpot was an astonishing £1,400,000. Considering that we are talking about £1 bet the payout can be more lavish than the national lottery with the advantage that odds are significantly better.

History Of The Tote

TotesportWinston Churchill decided with the racecourse betting act of 1928 to provide a state-run safe alternative to the then illegal off-course bookmakers. The idea behind was that with this the state could also get a share of the action. The first race with tote betting available was therefore in July 1929 and was a flat meeting held at Carlisle and Newmarket.

Fast-forward to 1961 and the Betting Levy Act reformed the Horserace Totelisator Board, also known as ‘the tote.’ The primary objective of this law was to ensure distribution of funds from the horserace betting levy board. The Tote opened the first betting shop in 1972, and it grew to over 500 shops employing 4000 staff. In 1992 Tote direct was set up to channel bets from others bookmakers into the tote pool. Nowadays there are more than 7,000 betting shops in the Uk that are taking Tote bets in addition to lots of tote online betting sites.

The Scoop6 was created in 1999 and quickly became one of the most popular tote bet’s type. The partnership with Channel 4 racing was a winning one, and the first horseracing millionaire was created. In November 2008 the scoop6 delivered the highest jackpot of over £4 million.

The government decided to privatise The Tote in 2008, but it took until 2011 for it to be sold. There were 18 competitors in the running, but eventually, Betfred emerged as a winner with a bid that was reported to be well over the £250 million marks. For a complete history of the Tote visit our dedicated guide.

Common Totepool Terms And Conditions

  1. Pari-mutuel – Those are peer-peer meaning that the amount that you will win depends by the amount bet and also by the number of winners which is different from fixed-odds betting.
  2. Payout limits – there aren’t payout limits for totepool as the amount is simply the total pot divided by the number of punters that have won. In exceptional circumstances, there are some minimum guaranteed prices offered by the bookmakers.
  3. Gross Pool – this is the cumulative amount bet on a race or totepool cupon before the deductions.
  4. Net Pool – this is the money in the pool minus the operators’ cuts. Bookmakers take a fixed percentage, and this usually is less than the margin they have on fixed odds bets.
  5. Minimum stake – This is typically £1 and £2 for Scoop6. Multiple bets sometimes have limits that can be as low as 10p/line as long as the total bet is equal to £1 or more.
  6. Non-Runners and Void Bets – in totedouble and treble if your horse is a non-runner you will be given the SP favourite. For other tote bets, the stakes will be returned if a horse is a non-runner unless it has come under starters orders.
  7. Dead Heats – If the race is declared a dead heat than the pool is divided into equal parts.
  8. Insufficient Finishers / Races – Pool is deemed void and all is refunded if the numbers of races on the card will not be enough or if there won’t be enough horses that will finish the race.

BEST FREE BETS

FREE BETS (18+, T&C's Apply, Gamble Responsibly)
BET £10 GET £30 FREE
888 sport 1 - Totepool Offers
New customers only – Minimum deposit of £10 using deposit code 30F - A qualifying bet is a ‘real money’ stake of at least £10 placed on any sports market - Minimum odds of 1/2 (1.5) - Free bets credited upon qualifying bet settlement and expire after 7 days - Free bet stakes not included in returns - Deposit balance is available for withdrawal at any time. General deposit method & withdrawal restrictions apply
BET £10, GET £30 FREE BET
william hill 1 - Totepool Offers
New William Hill online customers only. Min. unit stake of £10/€10 at odds of 1/2 or greater. Only the “win” part from EW bets will count. Free bet terms, payment method & country restrictions apply. Free bets credited as 3 x £10/€10. Free bet stakes are not returned as part of the settlement of successful free bets. All Free Bets must be wagered within 30 days. T&C's Apply, 18+ Only
UP TO £100 IN BET CREDITS
bet365 logo - Totepool Offers
Open Account Offer - Up to £100 in Bet Credits for new customers at bet365. Min deposit £5 and 1x settled bet requirement to release Bet Credits. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.
BET £5, GET £20 FREE
Ladbrokes - Totepool Offers
18+ New UK+IRE customers. Paypal and certain deposit types and bet types excluded. Min £5 bet within 14 days of account reg at min odds 1/2 = 4 x £5 free bets. Free bets valid for 4 days on sports, stake not returned, restrictions apply. T&Cs apply.
BET £5, GET £20 FREE BETS
Coral - Totepool Offers
18+. UK+IRE only. Min first bet £5 at odds 1/2 or more. Tote and Pool excluded. Must be placed within 14 days of account reg. £20 credited as 4 x £5 free bets. Not valid with Cash Out. Free bet valid for 4 days. Free bet stake not returned. T&C's Apply, begambleaware.org
BET £5, GET £30 BONUS FUNDS
betvictor 1 - Totepool Offers
New Customers only. Deposit and place a £5 qualifying bet at odds of 2.00 or greater within 7 days of opening a new account; excludes cashed out bets. Receive 2x £10 Free Sports Bets, valid on set events only (1 at odds 2.00 or greater), expires in 7 days, plus a £10 Casino Bonus, expires in 7 days. Wager the Casino Bonus 40x to withdraw winnings. Credit or Debit card only. Geographical Restrictions. T&Cs Apply. 18+ Only
GET £30 FREE BETS
betway 1 - Totepool Offers
New UK & Ireland customers only. Min Deposit: £10. First deposit matched up to £30. 1 x wagering at odds of 1.75+ to unlock Free Bet. Credit Card, Debit Card & PayPal deposits only. Terms Apply | 18+
BET £10, GET £10 FREE BET
comeon 2 - Totepool Offers
18+. New UK mainland customers only. 2. You must opt-in to the £10 Free Bet promotion upon registration. 3. Minimum £10 deposit and qualifying bet required at minimum odds of 4/5 (1.8) in any sportsbook market, within 14 days of opening account. Each way bets do not qualify for this offer. 4. Min. deposit of £10 required 5. You will receive your £10 Free Bet Token within 24 hours of your qualifying bet being accepted. T&C's Apply
100% DEPOSIT BONUS UP TO £50
SportNation - Totepool Offers
New customers only. Valid once per customer. Bonus expires after 30 days. Offer expires 31.05.19. 7x turnover at 1.6 minimum odds before withdrawal. Skrill and Neteller deposits excluded. 18+ only. BeGambleAware
BET £10, GET £30 FREE BETS
betfred 1 - Totepool Offers
Only available to new customers from UK & Northern Ireland. You must stake £10 or more at single/cumulative odds of Evens (2.0) or greater on your first bet. Free bet balance of £30 credited within 48 hours of your first bet being settled. Free Bets expire after 7 days. E-Wallet restrictions apply. Game restrictions apply. Maximum 30 Free Spins on selected games. Free Spins expire after 7 days. T&C's Apply. 18+. Please Gamble Responsibly
GET £25 FREE BETS
NetBet - Totepool Offers
18+ / Matched free bet up to £25 / Dep. & Bet £10 or more / Single bet only on any sport / min. odds of 1/2 to qualify / T&Cs Apply
BET £20, GET £40 FREE
unibet 1 - Totepool Offers
New customers only. Minimum deposit £10. Free bets credited, regardless of first bet outcome (win/loss), once £20+ qualifying sportsbook bet has been placed. Free bet available for use on any market. Horse racing is excluded from offer. Cashed out bets will cancel the offer. First qualifying bet only. Free bet offer will expire after 30 days. £20 Casino bonus credited next working day from first deposit and has 35x wagering requirement. 18+. UKresidents only. T&Cs Apply. Begambleaware.org
GET UP TO £100 FREE BETS
betfair 1 - Totepool Offers
New customer offer. Place 5 x £10 or more bets to receive £20 in free bets. Repeat up to 5 times to receive maximum £100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. T&Cs apply.
GET £20 FREE BETS
paddy power 1 - Totepool Offers
Risk Free 20: New customers only, limited to one per person. If you’ve previously had a Paddy Power account, you will not qualify for the offer. Place your FIRST bet on any Sportsbook market and if it loses we will refund your stake in CASH. Max refund for this offer is £20. Only deposits made using Cards or Paypal will qualify for this promotion. T&Cs apply. Paddy's Rewards Club: Get a £10 free bet when you place 5x bets of £10+. T&Cs apply.
BET IN PLAY, TONS OF MARKETS
betsafe 1 - Totepool Offers
Huge Amounts of Live Markets On BetSafe

LATEST ARTICLES