Tote Win betting offers a unique approach to wagering on horse races.
Unlike fixed-odds win betting, where bookmakers set the odds based on their own predictions, Tote Win bets allow you to bet into a shared pool for the race.
The dividend you receive is solely determined by the proportion of money bet on each horse in the pool.
Fixed Odds Vs ToteWin
The main difference between a totewin bet and a fixed odds bet is the Tote Win is a parimutuel bet placed and pays out higher dividends.
Savvy sports bettors will always wager a Tote Win bet over fixed odds betting because of the higher dividend payouts.
A totewin and fixed-odds win single is the same bet type where you try to predict the winner of a race.
Tote win bets pay more money than fixed odds win bets (more often than not) and therefore shrewd punters will always choose the Tote Win as their preferred option.
Totewin Pays More Than Fixed Odds Win Bet Examples
Here are several examples of tote win bets paying more than a fixed odds win bet in December 2024:
- 1:55 at York Races the Tote Win paid ยฃ21 compared to just ยฃ17 with the bookiesโ win bets #totewinpaysmore
- 2:40 at Catterick Races if you bet win at the tote.co.uk you got paid ยฃ25 compared to just ยฃ21 with the bookiesโ win bets #totewinpaysmore
- 3:50 at Lingfield Races the ToteWin paid ยฃ9 compared to just ยฃ7 with the bookmakers win bets #totewinpaysmore
Every single day over 62% of races the Tote Win pays more than the betting shop fixed odds starting price.
The Advantages Of Tote Win
Let’s explore the advantages of Tote Win betting over fixed-odds betting.
Tote Win Offers Bigger Returns for Less Popular Runners
When analysing the betting market for a horse race, the forecast Tote Win dividends provide an accurate representation of a runner’s popularity among bettors.
The forecast dividend for less-fancied horses can be significantly higher than the odds offered by fixed-odds bookmakers.
The forecast dividend for popular horses may be shorter. To address this, Tote Win introduces the Tote Guarantee.
The Tote Guarantee
The Tote Price Guarantee ensures that you will never receive less than the starting price (SP) on Tote Win bets.
If the Tote Win dividend for your selection is greater than the SP, you will be paid out at the higher price.
This guarantee applies to all UK races for Tote.co.uk customers, with a maximum stake of ยฃ500.
By offering at least SP or better, the Tote Win bet becomes an attractive option even when backing favourites or top-market horses.
The Tote Plus Bonus
The Tote Plus betting promotion gives horse racing punters who wager bets on the Tote mobile betting app or tote.co.uk website an extra 10% payouts on top of the dividends.
10% Higher Payouts When You Bet With Tote+ is a big reason why the ToteWin bets are great value when compared to fixed odds SP prices.
ToteWin Welcome Offer
Try out the welcome bonus on Totesport.
Sign up to the Tote and claim your ยฃ20 free bet when you deposit just ยฃ5.
New customers online only. Eligibility restrictions apply. Only valid with code B10G40 on registration. ยฃ10 min qualifying bet at 1/1 (2.0) odds or greater across sports or racing (if EW then min ยฃ10 Win + ยฃ10 Place). Receive ยฃ20 Tote Credit, ยฃ10 Free Sports Bet and 50 Free Spins on Big Bass Bonanza within 48 hours of qualifying bet settlement. 7-day expiry on free bets & Tote Credit. Your first bet will be your qualifying bet. One per customer. UK & ROI customers only. 18+. Full T&Cs apply. Gambleaware.org.
Full T&C's ApplyCan I Place an Each-Way Tote Win Bet?
When placing a Tote Win bet on the Tote website, you have the option to select “Choose each way” on the betslip. This allows you to place an each-way bet.
However, there is a distinction between Tote Win each-way bets and those offered by fixed-odds bookmakers. In Tote Win each-way betting, the win part of your bet goes into the Tote Win pool, while the place part goes into a separate Tote Place pool.
The Tote Place dividend you receive if your horse places is determined based on bets made into the Tote Place pool, rather than a fraction of the win odds, as is the case with fixed-odds betting.
How is Tote Win Different from Fixed-Odds Win Betting?
The main distinction between Tote Win and fixed-odds win betting lies in how the odds and dividends are determined.
With fixed-odds win betting, bookmakers set the odds based on their predictions and opinions.
Tote Win dividends are solely influenced by the amount of money bet on each horse in the pool.
This means that the Tote Win dividend reflects the collective opinion of the bettors, making it a unique and intriguing betting option.
How to Create a Totewin Bet Via SMS Text Message?
Here is how to create a Totewin bet via text message off your mobile phone device:
- Register your mobile number to your Tote betting account
- Make sure you have enough balance in your tote account to cover your Totewin bets
- Text 68683
- Write the message in a simple format like “5โฏ Tiger rollโฏ”
This video shows how to create a Totewin bet via text messaging:
The text message is similar to writing out a betting slip in the bookies:
- Thereโs no need to write โwinโ.โฏ The system will default to win.
- Thereโs no need to use currency symbols.โฏ The system knows what currency your account is in
- Thereโs no need to tell us what race itโs in.โฏ If you use the horse name weโll find it
- No need for pleasantries.โฏ Say โpleaseโ or โthank youโ and the machine will start looking for horses called Please & Thank You.โฏ Keep it minimal
- Your bet will be settled at the better of the Tote Dividend+10% or SP.โฏ You will never get less than SP
For more information check out our guide to Tote’s SMS Text Betting Service.
All Tote Pool Betting Related Posts
Check out all the related Tote Pool Betting related posts.
- Best Placepot Betting Sites
- Is it better to bet on the Tote?
- The Tote Company
- Today’s Tote Placepot Tips
- Tote Betting App
- Tote Betting Slips
- Tote Cheltenham Betting Offers
- Tote Credit
- Tote Epsom Derby Betting Offers
- Tote Exacta
- Tote Exotic Bets
- Tote Fantasy
- Tote Guarantee
- Tote Horse Racing
- Tote Jackpot
- Tote Live Streaming
- Tote Payment Methods
- Tote Place
- Tote Placepot
- Tote Placepot 7
- Tote Placepot Insurance
- Tote Plus
- Tote Quadpot
- Tote Scoop 6
- Tote Sponsorships
- Tote Stayers Club
- Tote Survivor
- Tote Swinger
- Tote Ten To Follow
- Tote Text Betting
- Tote Trifecta
- Tote Welcome Offer
- Tote Win
- Tote World Pool
- Tote York Ebor Betting Offers
Summary
Tote Win betting offers an alternative to fixed-odds win betting, providing potentially higher returns for less popular runners and a Tote Guarantee that ensures you receive at least the starting price.
Additionally, Tote Win each-way betting separates the win and places parts into distinct pools, resulting in different dividend calculations.