How is a placepot calculated?
Multiple lines in a Placepot You can select more than one horse in each race, but this will mean that your total stake will increase. To calculate your total stake, just multiply the number of selections in each leg.
How many places does a placepot pay?
What Places Are In The Placepot?
| Number Of Runners | Places in Placepot |
|---|---|
| Up to 4 runners | 1st |
| 5, 6, or 7 runners | 1st, 2nd |
| 8-15 runners in handicaps | 1st, 2nd, 3rd |
| 8+ runners in non-handicaps | 1st, 2nd, 3rd |
How are Tote winnings calculated?
The number of winning lines you have is calculated by multiplying the amount of successful lines in each leg together to get your total. To work out how much you have won, multiply your stake per line by the amount of winning lines you have.
How does a tote bet work?
Simply put, the Tote is all the bets placed into a pool for a race. The odds of a runner are calculated by the dividing the total pool (all wagers on all runners) and dividing by the amount wagered on that runner.
What is a Tote win?
The Tote is different from traditional bookmakers, in that it is betting from a cumulative pool of prize money rather than on fixed odds return. This means you place your bet and your stake goes into a ‘pool’ of money.
How do Tote bets work?
Tote betting is when all bets placed on an event or race is placed into a pool. The odds of a individual runner is calculated by the dividing the total pool (all wagers on all runners) minus any amount the house takes, divided by the amount wagered on that runner.
Should I bet Tote or fixed?
Since the payouts in totes bets are an approximation that gets better as the race draws nearer, it’s often worth waiting before placing your bet. In contrast, if you really want to back the favourite, perhaps fixed odds are the best way to go (so you avoid your winnings being diluted as more people make the same bet).
Do you win anything if your horse comes 4th?
If your horse comes home first (wins), both the ‘Win’ and ‘Place’ parts of your bet will pay out. But if your horse only places, you will lose the ‘Win’ part of your bet. You will still collect on the ‘Place’ part of your bet if your horse finishes 2nd, 3rd, 4th and 5th or 6th*.
How do tote bets work?
What is the Tote dividend?
A price quote for a horse on the Tote is the current dividend payout on the event of that outcome happening. This tends to be similar to normal bookmaker odds, and tracks the market in a similar way, but at any given time may be better or worse than a bookmaker’s quoted odds.
What is tote guarantee?
What is Tote Guarantee? Tote Guarantee means we will always pay at least SP on Win bets. Where the Tote dividend is greater than SP, you’ll get paid the bigger amount. Tote Guarantee applies to Tote Win and win part of each way bets on all UK & Irish races. Available online at Tote.co.uk/Tote.ie and via our Tote app.
How do tote prices work?