A seasoned off-track bettor will look at much more than this but will use it as their starting point.
When you bet with the Tote you’re not betting against a bookmaker. All the money bet on a race is pooled together into one pot. After the race, the pool is then split between everyone who backed the winners. … Or you can bet online at Tote.co.uk, where all your favourite pool bets are available in the palm of your hand.
Again, if the horse comes in first or second, you will not win any more money than if the horse finishes third. This is the safest of the straight bets but also offers the smallest return. If you are confident the horse will finish better than third, you would have a larger return placing a Win or Place bet.
If you bet $2 to win on each of those horses in every race you will have bet a total of $10. … You will need to win 2 out of 5 races to show a profit. By being right 40% of the time you can make money betting on 2:1 shots at the racetrack. Of course things don’t always line up that simply in the real world.
Winning TAB numbers: TAB number 1 is the most dominant number in trifectas, appearing in 40 per cent of all trifectas. TAB number two is next with 35 per cent, number three with 33 per cent, number four with 31 per cent. The smaller the TAB number the better your chances of getting a successful trifecta collect.
Take a look at our beginner’s guide to winning at horse racing to put yourself on the right path!
Horses do not sit around and think about how they have won a race, of course, but they DO know when they have won or lost. … The thoroughbreds who race and break their maiden (win their first race) and go on to race for a few years, gaining enough wins to justify their keep, KNOW when they have won.
Since the payouts in totes bets are an approximation that gets better as the race draws nearer, it’s often worth waiting before placing your bet. In contrast, if you really want to back the favourite, perhaps fixed odds are the best way to go (so you avoid your winnings being diluted as more people make the same bet).
Place bets are available on the Tote for races with 5 or more runners. If there are 5 to 7 runners then a place result is available if your horse finished 1st or 2nd. If there are 8 or more runners then a place is 1st, 2nd or 3rd. In Handicap races with 8 or more runners then a place is 1st to 4th position.
The Tote Jackpot is a bet where you have to pick the first 6 winners at a meeting nominated by The Tote. The bet is available every day of the week excluding Saturday.
With a lay bet, you are effectively backing something not to occur. If you were to lay a horse in a race, then you would be backing it not to win. If you were to lay a football team then you would be backing it not to win. So yes, lay bets are the direct opposite of back bets.
The difference between a quinella and a box exacta is the cost. It costs more to place a box exacta, and the payout is typically bigger. Trifecta: A trifecta is selecting three horses to finish in first, second, and third. To win, they must finish in that exact order.