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Tote is short for Totalisator, a system introduced to Britain in 1929 to offer pool betting on racecourses. It works like this: all the stakes on a race are pooled, a deduction is made to cover costs and the Tote's contribution to racing. The remainder of the pool is divided by the number of winning units to give a dividend which is declared inclusive of a £1 stake. In other words, pool customers bet against each other, whereas in bookmaking they bet against the bookmaker. Odds fluctuate according to the pattern of betting and betting ceases at the 'off'. Apart from the Tote's website , the Tote also operates bookmakers offices throughout the country as well as Tote betting points on every racecourse. At the Tote Sport website you can place bets on most UK sporting events as well as many international sports. Traditional bookmaker fixed odds betting is available in addition to the Tote's Win/Place Each/Way betting and exotics betting such as Forecasts, Tricasts, Jackpot, Placepot, Scoop 6, Quadpot, Exactas and Trifectas. ToteSport offers you up to £25 in FREE BETS when you open a betting account with them.

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