Bet types
Tote
Betting into a pool: all stakes go in, the operator takes its cut, and the rest is shared by the winners. The payout is only known when the pool closes.
Also called Pool betting, Parimutuel, Pari-mutuel
- Good to know
- In much of Europe, the US and Australia most horse racing bets work this way.
Related
Bet types
Placepot
A UK tote bet: pick a horse to place in each of the first six races at a meeting. All six have to place.
Bet types
Exacta
Picking the first and second in a race in the right order. A reverse forecast covers both orders, as two bets.
Odds & margin
Starting price
The official price of a runner when the race starts. You can take it instead of the price on offer earlier.
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