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).
Is it better to bet on the Tote?
When betting with the Tote you are betting into a pool. That means all the money staked on each horse in the race is pooled together.Therefore, betting on a horse that is less popular is ideal as it will mean a bigger winning dividend should it triumph.
What does fixed and tote mean on tab?
Win bet
The most common Fixed/Tote bet is the Win bet. To put it simply, you’re chosen runner that you have selected as your ‘Win bet’ must cross the line in 1st position for a winning resulted bet.
What does best tote mean?
What is Best Tote? The Best Tote bet type pays bettors the highest dividend declared by the three national totes. The VIC TAB, NSW TAB and, UBet, all run separate pari-mutuel betting pools on the same horse race. Dividends can often vary, so the Best Tote product guarantees punters the highest of the three prices.
What does a tote win mean?
With a Tote Win bet, you pick a horse to win an individual race.Quite often, our customers will place half their stake on a Win bet and half on the Place pool to have an “each-way” bet. You can place a Win bet on any race with two or more runners, but a Place bet requires at least five, unless otherwise stated.
How do you win a winning margin?
The definition of a winning margin bet is a wager placed on the exact difference in goals between the winning team and the losing team. For example, a winning margin of +2 means the final score was 2-0, 3-1, 4-2 and so on.
What is Tote guarantee?
The Tote Guarantee is where your Tote win bet will be settled at the higher of the Tote dividend or the Starting Price (SP), as regulated by “The Starting Price Regulatory Commission”.
What does TAB fixed odds mean?
Fixed Odds means a bet made at a fixed price with TAB on a fixed price racing or sports event via any approved TAB betting medium.This price will not be subject to any future fluctuations; however, there may be deductions applied in the event of scratchings.
What is best of best Ladbrokes?
Best of the best is the highest odds paid of the three main Australian totes or TopFluc. BOB betting will be available up to 35 minutes before a race with $250 the maximum amount per bet. Only used on selected events. Odds received at the time of bet placement.
What is fixed win?
In a fixed win bet, you are betting on your horse to win the race. If the horse finishes in any position other than first, then this will be a losing bet. If your selected horse is scratched, your single bet will be void and you will receive your money (stake) back.
How are tote odds calculated?
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.
What does fixed mean on sportsbet?
Fixed Odds are Sportsbet’s Odds on a specific Horse or Greyhound. Bets are paid out at the Odds quoted when you Placed the Bet and are subject to deductions. Example: You Bet $10 to Win on a horse at $2 Odds, and it wins.
Is Tote a bookmaker?
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. Each bet type has its own respective pool.
What is place fixed?
A fixed place bet pays out at whatever the odds were when you placed your bets. Those odds can move up or down after you bet, but it doesn’t matter – you get paid at whatever they were when you placed your bet.
What does place fixed mean?
Fixed Odds bets mean that the odds are fixed at the price displayed when you place your bet. Fixed Odds Racing bets are only available on Win and Place bets.
What is a 4 way winning margin?
In Winning Margin betting you are offered an exact margin for your team to win by. For example: If you bet on Washington to win 5-10. Washington must beat the opposing team by 5-10 points only. If they win by only four points or win by 11 points, your bet will lose.
What is a 1/10 win margin?
1-10 refers to the winning margin of a given game, that is, a team wins between 1 and 10 points (inclusive of 1 and 10). Typically, this market would be offered as an option for each team and is a common market in Basketball.
What does winning margin 3 way mean?
A 3-way bet is a bet on an event that has three possible outcomes: Team A wins, Team B wins, or a draw. The odds on a 3-way bet will always be higher than odds on a similar two-way bet considering there is an additional outcome. Therefore, when one places a 3-way bet there is only one way to win and two ways to lose.
What is the maximum bet on the tote?
There are no maximum limits to the amount of money that can be staked or won on a Tote bet. (The size of the pool provides a natural limit to the available winnings).
Who owns the tote now?
The Tote, formerly the Horserace Totalisator Board and called in rhyming slang the nanny, is a British bookmaker with head offices in Wigan. It was owned from its formation in 1928 by the UK Government but was sold to Betfred in July 2011, and later sold to UK Tote Group, formerly Alizeti Capital, in October 2019.
Can you bet on the tote online?
Betting Online
All online bets are covered by Tote Guarantee which means you will always receive SP or better. You can stream live UK and Irish racing without placing a bet. Bets can be placed on all UK and Irish racing alongside selected international racing.
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