What is Tote Betting on the Grand National? | Betting Guide
You will find totepool betting points throughout Aintree racecourse. When betting on the Grand National at the track, look for the Tote sign but there will be plenty of these dotted around.
What is a Tote Bet?
With the tote, you’re not betting against a bookie or another person like on the betting exchanges; but your stake goes into a pool. The concept is just like the national lottery. Your win will, therefore, depend on how many other winning tickets there are – the more winning tickets there are, then the more the pool for that has to be split out, meaning a lower return (returns are worked out at a £1 stake).
But if the winner of a race doesn’t have many tickets attached to it then the return here will be higher. Again, it’s a bit like if the lottery pool was won by 10 people or just 1!
Customers can take advantage of a horse racing welcome offer and promotions related to other gaming products, like Games and Lotto. The table below illustrates the current welcome offers for three products:
|Tote||*Up to £10 risk-free first bet||Max refund £10||Get Promo|
|Tote||**Tote Guarantee||£5 minimum bonus||Get Promo|
|Totepool||***Tote Scoop 6 Bonus Pool||N/A||N/A|
*UK & ROI customers only. 18+. Place your first bet on sports pools and if it loses we’ll refund your stake in cash. Max refund is £10. Qualifying bet is the first sports pool bet added to the betslip. Ten to Follow bets do not qualify. Totewin will be the qualifying bet when a Totewin and a Toteplace bet are struck at the same time. Full T&Cs apply. BeGambleaware.org
**We’ll always pay at least SP on Win bets. If the dividend is bigger, we’ll payout at the bigger price. Tote.co.uk customers only. Promotion applies to Totewin bets only and covers all UK races. £500 max stake. 18+. T&Cs apply.
Customers with The Tote enjoy welcome bonuses across the product range in addition to promotions related to games and totepool. Specific Terms & Conditions are linked to the offer and general Terms & Condition apply.GRAND NATIONAL Betting Offers
Tote Betting on the Grand National
Once at the Tote window, you can either fill out their form with your stake, the type of bet (win, place or each-way) and your horse number. The minimum bet here is £2, or if you prefer you can just shout out the number of your horse to the person behind the counter with the stake, bet type and race time. For example, “Race One, Horse Number 3, £5 to win – Please”.
Betting Tip – You can never take a price with the tote – so it’s always a bit of a lottery what the return will be. The more people on the winner (favourite), the lower the return. But if you do fancy a horse that is more of an outsider then generally because of that reason you can often get much bigger returns from the tote on these horses.
- Betting on favourites on the tote = Low value
- Betting on outsiders on the tote = Rewarding
Tote Bet Types
You can place other bets on the tote, like forecasts, tricasts, placepots, jackpots and quadpots.
Tote Forecasts – Pick the first two home in the correct order in the race (you can also do a reverse forecast, or combination forecast)
Tote Tricasts – Pick the first three home in the correct order in the race (you can also do a reverse tricast, or combination tricast)
Tote Placepot – Pick a horse in the first 6 races to be placed
Tote Quadpot – Pick a horse in races 3,4,5 & 6 to be placed
Tote Jackpot – Pick a horse to win the first 6 races
Tote Betting is all about a collective pool of people coming together to have some fun. In the UK, tote betting is integral to a day at the races.
At Tote.co.uk, in addition to the new customer sign-up offer, you can now benefit from the recently launched Tote Guarantee. This simple, yet very effective promotion ‘guarantees’ to pay whichever is higher: the Tote dividend or the starting price (SP).
This offer applies to win only Tote bets and to the win part of each-way wagers for all United Kingdom race meetings. For example, if a horse wins at 7/1 (8.00 in decimal), but the Tote dividend is only 6.90, the punter gets the 8.00 price paid out.
That is the Tote Guarantee! Of course, adjustments are made if a Rule 4 deduction comes into play. There are a couple more key terms that you need to know about. The maximum stake is £500 for the Tote Guarantee. If your stake is more than this, you’re paid on the Tote dividend for the entire amount.
Furthermore, Tote betting is only for bettors aged 18 years or over. Also, if there is suspicion of rigging the SP or Totepool, or multiple punters are in cohesion with each other and placing separate bets to remain under the £500 threshold, the Tote guarantees can be withdrawn.
Key T&Cs – Tote.co.uk always pay at least SP on Win bets. If the dividend is bigger, we’ll payout at the bigger price. Tote.co.uk customers only. Promotion applies to Totewin bets only and covers all UK races. £500 max stake. 18+. T&Cs apply.
Tote Ten To Follow
The Tote organisation has been rebranded and now solely provides pool betting on British horse racing. However, one feature that has been maintained is the Tote Ten To Follow. There are separate competitions for the Flat and jumps seasons whereby individuals or teams pick a stable of ten horses to follow throughout the respective seasons.
Each Tote Ten To Follow competition runs over the core seasons for Flat and National Hunt racing in the UK. There is a guaranteed prize fund of £250,000 but the total figure could be higher because it is dependent on the number of entries. Players create their stable from a list of more than 500 horses. These horses represent the entrants over the season. Points are awarded based on each performs over the course of the competition. Tables show the current standings.
A horse accumulates points by winning or being placed in the qualifying races which are any that take place during the competition. There are also points awarded based on the Tote win or place dividend. Horses win additional points from 15 bonus races. The better the quality of the race, the more points are on offer. The winner of a Grade 1 race is credited with 25 points and there is a sliding scale for graded and listed contests. The winner of any other race receives 10 points.
The entry fee for the main competition is £5. The stable that earns the most points wins the first prize which is guaranteed to be £175,000 but could be more. The rest of the prize fund is distributed between the stables that finish 2nd to 100th. The Tote Ten To Follow has monthly prizes from December to March. There is also a free competition that offers a top prize of £10,000.