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  2. Tote betting, also known as pari-mutuel betting, involves pooling all bets on a race or event into a pot, which is later shared among the winners. The Tote essentially works similarly to the lottery — a bettor picks the horses they want to back and puts their desired wager amount into a cumulative pool.
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  4. What Does Tote Mean in Betting? Tote Bets Explained Types

     
  5. WEBJun 22, 2021 · In short, Tote betting is the practice of putting the entire bets placed on a race into the pool. Here, the odds of an individual runner are calculated by dividing all wagers on all runners minus any amount …

  6. What is Tote Betting? The Complete Guide - Tote Betting Explained

  7. WEBThe Tote is the traditional bookmaker for pool betting, founded by the government in 1928. Pool betting sees all punters putting their stake for their selection into a pool, which is then split between all winners …

  8. WEBThe Tote is UK and Irish horse racing’s best-known example of pool betting, also called parimutuel betting, from the French for ‘mutual betting’. Explained very simply, pool betting works by adding up all the money …

  9. What is Tote betting? | What are Pool or Pari-Mutuel bets? - Just …

  10. What Is The Tote? Simple Guide & Explanation

    WEBNov 7, 2018 · The Tote is in effect a pool into which everyone who has had a bet places their money. When the result is known, those with winning selections share a percentage of the money in the pool, known as a …

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