What is Tote Betting on the Grand National? | Betting Guide
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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 Grand National Tote Bet?
If you asked most people to name a type of bet, they’d either suggest a simple win bet or an each way bet, but another betting option is placing a Grand National tote bet. With the tote, you’re not betting against a bookie or another person like on the betting exchanges. Instead 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 Tote pool betting tickets there are, the more the pool has to be shared out, meaning a lower return (returns are worked out at a £1 stake).
If the winner of a race doesn’t have many bets placed on it the return here will be higher. Again, it’s 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 offer:
|Tote||*Bet £5, Get £20 in Free Bets||Get Promo|
*New customers online only. Place your first bet on racing pools for a minimum of £/€5 and win or lose you will receive £/€20 Tote Credit. £/€20 Tote Credit rewarded as £/€10 redeemable against racing bets only and £/€10 redeemable against UK and Irish placepot bets only. Tote Credit cannot be withdrawn, exchanged, or substituted and expires after 7 days. Qualifying bet is the first racing pool bet added to the bet-slip. Ten to Follow, virtual and football bets do not qualify. Totewin will be the qualifying bet when a Totewin and a Toteplace bet are struck at the same time. UK & ROI customers only. 18+. Full T&Cs apply. BeGambleaware.org
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 1, £5 on horse 3 to win, please”.
Tote 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’s more of an outsider, generally because of that reason you can 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
Find more tips and pointers like this on our dedicated page.
Tote Bet Types
You can place other bets on the tote, like forecasts, tricasts, placepots, jackpots and quadpots. These bets can be placed on any race, but we’ll look at them primarily from a Grand National perspective.
- Tote Forecasts – To win a Tote forecast you have to pick the first two horses in the race.
- Tote Straight Forecasts – A straight forecast would need the horses to be predicted in the correct order.
- Tote Reverse Forecasts – A reverse forecast allows your two horses to finish with either one first and second.
- Tote Combination Forecasts – A combination forecast is slightly more complicated in that you can pick three or more horses and must have any two of these horses in the Grand National top two to win your bet and receive a payout.
- Tote Tricast Grand National – Here you must pick the first three Grand National horses in the correct order (you can also do a reverse tricast, or combination tricast). Clearly this would be a particularly impressive achievement, so you could expect any payout to be very large.
- Tote Placepot Grand National – To land a placepot, you must pick a horse to finish in the top few places (typically the top three of four) in six successive races. One of these six races will be the Grand National.
- Tote Quadpot Grand National – Winning a Grand National quadpot is slightly easier than a placepot, because here you must pick horses to place in four rather six races.
- Tote Jackpot Grand National – You really will hit the jackpot financially if you win any Tote jackpot bet, especially if the Grand National is included. That’s because you must pick a horse to win each of six 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 UK 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’s 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.
Other useful pages
We hope you now feel more comfortable with Tote bet types and Tote pool betting, but our handy guides can provide more answers to any nagging questions you may have. If you’re used to betting in a bookmakers shop, find out the steps and rewards when you bet online on the Grand National, and bookmark or download our betting guide, which covers everything from terminology to how to collect your Grand National winnings.
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