What Are Tote Bets?

A simple guide to Tote betting, pool bets, Placepots, Jackpots, Scoop6 and more

Understanding Tote Betting

Tote betting works differently from traditional bookmaker betting. Instead of taking a fixed price when you place your bet, all stakes go into a pool with other punters betting on the same market.

Once the Tote has taken its deduction, the remaining pool is divided among the winning tickets. That means the dividend is not known in advance and depends on how much money has been placed and how many winning bets there are.

This pool-based system can create excellent value, especially in bets where the market underestimates certain outcomes or where there are fewer successful tickets than expected.

The most popular Tote bets include the Placepot, Quadpot, Jackpot and Scoop6, but there are also simpler Tote Win, Place, Exacta and Trifecta bets that many punters overlook.

With Tote bets, you are betting into a shared pool rather than taking a fixed bookmaker price.

That means the final return is determined after the race or bet is settled, not when you place the wager.

Pool Betting

  • No fixed odds taken upfront
  • All stakes go into a shared pool
  • Dividend declared after settlement
  • Can produce bigger-than-expected returns
  • Works differently from normal bookmaker bets

Popular Tote Bets

  • Placepot
  • Quadpot
  • Jackpot
  • Scoop6
  • Win, Place, Exacta and Trifecta

Important To Remember

  • Returns are not guaranteed in advance
  • Non-runners may trigger Tote substitutions
  • Permutations can become expensive quickly
  • Pool size has a big effect on returns
  • Value often lies in less obvious combinations

Tote Placepot

The Tote Placepot is probably the best-known Tote bet and is available at meetings throughout the UK.

To win the Placepot, you need to select a horse to be placed in each of the first 6 races at that meeting. Your return depends on the final declared dividend to a £1 stake.

You can perm your bet by taking more than one horse in any race, but the number of lines increases quickly.

Examples:

  • 2 x 2 x 2 x 2 x 2 x 2 = 64 lines
  • 3 x 3 x 3 x 3 x 3 x 3 = 729 lines
  • 2 x 1 x 2 x 2 x 3 x 2 = 48 lines

If you play 64 lines at £1 per line, the total stake is £64. If you play them at 10p per line, the total stake is £6.40.

Tote Quadpot

The Quadpot works in a very similar way to the Placepot, but instead of covering the first 6 races, it covers 4 races only – usually races 3 to 6 on the card.

You need to select a placed horse in each of those 4 races.

Because it covers fewer races, it is generally easier to land than a Placepot, but the dividend is often smaller as a result.

It is a popular option for punters who want a lower-cost pool bet while still keeping an interest across several races.

Tote Jackpot

The Tote Jackpot is one of the more demanding pool bets because you need to find the winner of the first 6 races at the designated meeting.

It works much like the Placepot in terms of staking and permutations, but the difficulty is much greater because placed horses do not count – only winners.

There is usually just one Jackpot meeting on a given day, and if nobody wins the pool, it can roll over to the next qualifying meeting. That is why the Tote Jackpot can sometimes build into a very attractive prize pool.

Tote Scoop6

The Scoop6 is one of the biggest Tote bets and usually takes place on selected Saturdays, often across major races.

To land the full Scoop6, you need to pick the winner of all 6 selected races. Because of the difficulty, the pool can become very large and often generates a lot of attention.

There are also associated place and bonus elements depending on the specific Tote rules in place at the time, but the core idea is simple: find all 6 winners and you are in line for the biggest share of the pool.

This is a high-risk, high-reward bet and is often played in syndicates or with perms to cover more runners.

Other Tote Bets

Tote Win
A straight win bet into the Tote pool. Your horse must win, and your return depends on the final declared win dividend.

Tote Place
A straight place bet into the Tote pool. Your horse must finish in the required places, and the dividend is based on the place pool.

Tote Exacta
You need to pick the first 2 horses home in the correct order. Similar to a straight forecast, but settled as a Tote pool bet.

Tote Trifecta
You need to pick the first 3 horses home in the correct order. Difficult to hit, but capable of returning sizeable dividends when the right race shape sets up.

Non-Runners and Substitutions

With Tote multi-race bets such as the Placepot, Quadpot and Jackpot, non-runners are handled differently from normal bookmaker bets.

If one of your selections becomes a non-runner, the Tote normally substitutes that horse with the starting price favourite for that race. If there is joint favouritism, the Tote applies its own rules to determine the substitute.

This is an important rule to understand because it means your ticket stays alive, even if one of your selected horses does not run.

As always, it is worth checking the Tote rules on the day if you are playing into larger pools or special promotions.

Understand The Pools, Then Look For The Value