What is it?
One of the most popular ways to bet on horse racing, particulary when at the races, but also now online. It is very different to traditional bookmakers and has a variety of poolson offer.
We will go into a bit more depth on these bets below.
How does it work?
The bookmakers market is affected by the amount of money placed on certain horses, which is manually adjusted by traders. The Tote works differently having the bets placed to win or place entering into a cumulative pool.
If the horse wins or is placed, that money is shared between the winning tickets in the same way that the Tote Placepot or Jackpot are shared.