Fan 4 Life

Do you ever visit a racing course and avoid at all costs placing money on the Tote because you do not have a clue how it works? At one time we were like that too. It was far simpler to place a bet with the bookie than try to find our route through the apparent obscurities of the Tote. As it turns out, the Tote isn’t very complicated at all and although we still prefer to use the bookies most of the time, as we believe that is where we can win the most money, sometimes the Tote can be worthwhile. In what follows we will describe as simply as we can how the Tote works so that you can decide for yourself whether or not you should be using it.

The Tote is a horse racing pool. Every bet that is places on the Tote go into a pool apart from a percentage that goes to the organisers and to a horse racing levy. The pool is divided by the number of tickets that have been sold in order to calculate the dividend.

If you place a bet on a specific horse to win, then the money you bet goes into the win pool. If you bet on a place, then the money goes into a place pool. The current dividends, which are the effective odds, are displayed but these will change as more bets are made.

The major difference between the Tote and normal bookmakers is that the odds calculated by the Tote is derived effectively from the opinion of the public regarding the probably outcomes rather than that calculated by the bookmaker. As a result, sometimes you may find that the tote offers better value that does the bookmaker and that sometimes the reverse is the case. Obviously you should bet where you find the best value.

The same goes for online betting, when you can make a far wider comparison Often where you can find better value at the Tote is with place bets. In order to maximise the value of your bets, why not make the best use of the freebets which are frequently offered by bookmakers?

Compare the best betting sites available on the web with www.onebooker.com/es and win big prizes online today!