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Totalisator bettingadvice

The Scoop6 is the best known Totesport horse racing bet with , people worldwide playing every week for a chance to win GBP1 million, and GBP million can be won when there are no winning tickets for several weeks resulting in a Win Fund rollover, which can occur frequently.

The object of the Tote Scoop6 bet is to pick a horse to win or be placed in each of six nominated televised Saturday races. The Tote Jackpot is the weekday version of the Scoop6. Only the Win Fund winner s are eligible to play for the Bonus Fund by picking the winner of a Scoop6 race the following Saturday.

You can increase your chances of winning by picking more than one horse in each of the six races. The Scoop6 can be played online at all UK betting sites or by visiting your local bookmaker - look for the Scoop6 betting coupon.

Details of last Saturdays Tote Scoop6 winners and payouts can be viewed below. It costs GBP2 to play when you select one horse in each of the six races. A: Yes, by joining a Scoop6 betting syndicate will improve your chances of winning. Professional gambler and race horse owner Harry Findlay is a member of a winning Scoop6 syndicate.

For example, if you we're to select just two horses in each Scoop 6 race 2x2x2x2x2x2xGBP2 would require a total weekly stake of GBP, so you quickly see the appeal of splitting the cost with others. And if you can't find a syndicate to join, why not start one with family, friends or work colleagues?

Remember to draw up a written agreement, explaining rights and responsibilities, and ensure that every syndicate member is given a copy which they must sign and date. There is nothing worse than falling out with family and friends over money.

Taken to the extreme, it is not unusual for members of a betting syndicate to end up in court following a dispute over the distribution of the money from a big horse racing win, so always ensure your betting syndicate has a written agreement. A: It will be replaced by the SP favourite in the race. And if their are joint or co-favourites, the joint or co-favourite will replace your non-runner s. This rule applies to all Totesport pool bets including Placepot and Quadpot bets.

Difference between true pari-mutuel odds and lesser, rounded amounts given to winning bettors. The substantial residues go to the racetracks and controlling state authorities. Bettor who specializes in large show bets on odd-on favourites. Odds of to 30 also known as "scruffy and dirty". About the only remaining example of French Odds still commonly used.

In Spread or Index betting, the higher figure quoted by an Index bookmaker. Purchase every possible daily-double or other combination ticket. A multiple bet consisting of 26 bets 10 doubles, 10 trebles, 5 4-folds and 1 5-fold with 5 selections in different events also known as a "Super Yankee". UK slang for Odds of 3 to 1 also known as "tres" or "gimmel".

US Slang for a luxury gambling casino. Games available in most casinos are generally referred to as casino games. Casino games can be played in both land-based establishments and on the internet. Online gambling is prohibited in some countries, so make sure you know your local laws before you wager real money on an online casino game. When a bookmaker puts a limit on the amount of action they are prepared to take on the game.

This is most often due to doubts about key players. Purchaser of betting information from horseman or other tipster. Person who times workouts, usually for betting information. Final odds on a horse e. Confusingly equates to " Starting Price " in the UK. Where three or more competitors share the status as favourite have lowest odds.

Across the board bet for which a single pari-mutuel ticket is issued. Consolation Double US. When horse is scratched from 2nd race after daily double betting begins, money is set aside to pay those who have bought tickets pairing this horse with winner of 1st race. In sports betting, beating the spread by a required number of points. To "cover the spread".

Daily Double US. Form of pari-mutuel betting in which the bettor makes a combination bet on two horses in two races. If the bettor wins on the 1st race, his winnings become his stake on the 2nd. Where two or more competitors finish tied.

For non-pari-mutuel betting purposes in a dead heat, full odds are paid to half the stake one third if a triple dead heat, etc. An acronym for Draw No Bet, this is the same as level ball Asian handicap betting. You win at the advertised price if your selection wins, and break even in the event of a draw. The underdog in any betting proposition. A bettor who mainly wagers on the underdog. A bet consisting of two selections, both of which must win for the wager to be successful.

Like Single Stakes About , but where returns from the 1st winning selection are invested at double the original stake on the 2nd selection. UK slang for Odds of 33 to 1, based on Carpet. The basis of some widely used systems. After a loss the player doubles the size of his previous bet hoping to win back the money lost and make a profit. Also known as a Martingale system. Draw No Bet. An Arb Cruncher betting calculator that helps you create your own DNB by staking appropriately on the best available Win and Draw prices.

It also outputs the implied DNB price from these prices, allowing you to assess the relative value of other advertised DNB or level ball Asian handicap prices. When the odds on a competitor "lengthen", they are said to have "drifted" or be "on the drift". A tote bet operating in races of 3 or more declared runners in which the punter has to pick the first two to finish in either order. Backing several selections in an event so that you win the same profit if either of them wins.

Betting exchanges now allow you to dutch the likely losers as well, a mouth-watering prospect considering that it is generally easier to identify losers than winners. Use Arb Cruncher's Multiback for dutching the winners, and Multilay for dutching the losers. A bet which consists of two wagers.

The first is for the selection to win and the second is for the selection to place, at a proportional price dependant on the place terms. Odds of 1 to 1 also known as "scotch" or "levels". Exacta US. Form of betting in which bettor attempts to pick winner and 2nd horse, buying one mutuel ticket on the double choice also known as "exactor" or "perfecta". Any wager which is not a straight bet , e. Favourite fav.

The competitor considered most likely to win and therefore has the shortest or lowest odds also known as the "jolly" or "sponk". When preceded by a number, a fold indicates the number of selections in an accumulator e. To have a winning chance or the handicapper's rating number that identifies the winning chance also "fig. A bet consisting of 23 bets a " Yankee " plus 6 " Single Stakes About " bets in pairs on 4 selections in different event.

Change of odds information on tote board. A wager that involves correctly predicting the 1st and 2nd for a particular event. This bet can be reversed or permed also see dual and straight forecasts. Past performances used to give an indication of the competitor's chances. A bettor who makes selections from past-performance records. French Odds. Expression of odds as to 6, to 8, etc. The name goes back to the days when the French had a "metric" money system while UK still used 1 pound of old pence.

All the doubles, trebles and accumulators involved in a given number of selections. Odds offered on winners of sporting events in advance of the event itself see ante-post. A multiple consisting of bets 28 doubles, 56 trebles, 70 4-folds, 56 5-folds, 28 6-folds, 8 7-folds and 1 8-fold involving 8 selections in different events. A method used by bookmakers to make a one-sided event become a more attractive betting proposition. Teams are awarded a number of points start depending on their calibre also known as the "pointspread" or "line".

Total sum bet on a race or in a day or some other period. A form of soccer betting popular in Asia where returns on a team winning or drawing are determined by part-goal handicaps. A bet made by a cautious bookie on a horse on which he has accepted large bets - in order to cut his losses if the horse wins also known as a "lay-off bet". A multiple bet consisting of 57 bets 15 doubles, 20 trebles, 15 4-folds, 6 5-folds and 1 6-fold involving 6 horses in different races.

A casino or gambling centre. Also the operators of a gambling game. Betting between mutliple betting exchanges. Describes the horses in a race that finish 1st, 2nd and 3rd and sometimes 4th or the horses on which money will be paid to bettors, depending on the place terms.

Placing all your bets on the same betting exchange. Commission is charged on your market net winnings, not on the net winnings of the winning selection. Joint Favourites jt-fav. When bookmakers cannot separate two horses or teams for favouritism, they are made joint favourites.

Juice US. The commission paid to the bookmaker also known as vigorish. UK slang for a cheque "check" in the US. To act like a bookmaker and accept a bet on a selection. In other words, you are betting that the selection will not win. On Betfair this is done by betting in the pink box, and the money that you have to deposit to cover any potential payout is called your liability. The opposite of back. Odds e. Handicaps, pointspreads and odds offered to the punter.

One who compiles or sets the original or subsequent betting lines. Lock US. Term used for an almost guaranteed winner. The outsider or unfancied runner, usually against which "long odds" have been offered. Lucky 15,31, Multiple bets on all possible combinations of 4, 5 or 6 selections.

Betting system based on doubling-up. In pari-mutuel betting, a situation in which so much money is bet on a horse usually to show that the pool is insufficient, after take and breakage , to pay holders of winning tickets the legal minimum odds. An Arb Cruncher betting calculator for laying an overround book or for dutching the likely losers.

Total amount bet to win, place or show in a race. Also total amount bet on daily double , exacta , quinella , etc. The selection that racing correspondents and tipsters nominate as their strongest selection of the day or meeting. Reputed to stand for "Napoleon". Odds are the bookmaker's view of the chance of a competitor winning adjusted to include a profit. Where the odds are greater than evens e. The person working for the bookmaker who sets the odds following research and his own feelings.

At tracks where computers are not in use, an employee who calculates changing odds as betting progresses. Where the odds are shorter than evens e. If the selection wins, the amount won is less than the amount staked don't forget, you get your stake back as well! A horse so lightly bet that its pari-mutuel odds exceed 99 to 1. Also, a game or event on which the bookie will not accept action.

The practice of deducting a fixed "take" percentage from the pari-mutuel pool before paying holders of winning tickets. Betting conducted away from the track. Where the book results in a loss for the bookmaker. Horse whose odds are high by comparison with its good winning chances. Profit margin in the bookmaker's favour. A means of gambling on races in which all bets are pooled and winners are paid according to size of pool and the number of other winners.

Often shortened in US to mutuel. US term for an accumulator bet. It is also the name of the winnings calculator in Arb Cruncher. A multiple bet consisting of 7 bets involving 3 selections in different events. A single on each selection, plus 3 doubles and 1 treble. It is possible to "perm" bets or selections e. A proposition which challenges the bettor to pick six winners of six successive races also known as "pick six" or "five-ten".

The selections chosen by an expert to bet on also known as "tips". The position where a bookmaker conducts his business on a racecourse. The term used to describe a 2nd place finish. Place Terms. In non pari-mutuel betting, the returns for place bets are calculated as a proportion of the win odds.

This varies between events and sports. Bookmakers clearly advertise the place terms in operation when the bet is struck. The start that the favourite gives the underdog.

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Tote betting is also an important component of Best of the Best and Top tote plus betting. Exotic horse racing bets like trifectas and quaddies are also pari-mutuel bets. Again, bookmakers other than the TAB can offer these bet types to their customers by simply mirroring the dividends paid by the tote. Tote betting is an essential cog in the online betting industry. The popularity of tote products and the revenue they generate for the horse racing industry is significant. As such, tote betting is available with the three national totes and all online betting agencies.

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Pari-mutuel: Tote betting explained Tote betting is a form of pari-mutuel betting whereby all bets of the same type go into a pool. Tote betting example The example above shows how prices are determined under a pari-mutuel betting system. Tote betting with bookmakers. Exotic horse racing bets Exotic horse racing bets like trifectas and quaddies are also pari-mutuel bets. Tote betting application Tote betting is an essential cog in the online betting industry.

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When there is opened a way for Fixed Shots exhibit, in case you see a good looking horse over the odds offer security for the fixed expense expeditiously - if you have any idea about dashing, then it will be likely to others that jump on it and after that steed will continue being supported until it accomplishes balance with the tote uninhibitedly or its real expense as indicated by most of the punters' wants.

This kind of assessment needs an average dimension of learning and studying both market rates and structure. Tote Things offered by Bookmakers As referenced previously, despite corporate bookmakers undermining the TABs by working with lower edges and offering continuously forceful esteeming, they do at present depend energetically on the benefits announced through Australia's three principal totes. We use cookies to give you the best experience. If you continue using our website, we'll assume that you are happy to receive all cookies on this website.

Featured bookmaker: FansBet Sportsbook. FansBet Sportsbook. New customers only. Totalisator Betting Systems. User Favorite: Bwin Sportsbook. Bwin Sportsbook. New players only. Gamble Aware aims to promote responsibility in gambling. They provide information to help you make informed decisions about your gambling.

Call the National Gambling Helpline: freephone 8am to midnight, 7 days a week. Please bet responsibly. Gambling can be addictive. Play responsibly. All rights reserved. The first all-mechanical machine was installed at Ellerslie Racecourse in New Zealand in first used on the Holy Saturday races on 22 March , and the second was installed at Gloucester Park Racetrack in Western Australia in The first entirely electronic totalisator was developed in Totalisators have been superseded by general purpose computers running specialised wagering software such as Autotote.

In many cases beyond older systems, telethon tote boards have either been replaced by LCD displays showing totals, or scoreboards adapted to display dollar amounts. An automatic totalisator is a device to add up the bets in a pari-mutuel betting system. The whole of the pot the stakes on all competitors is divided pro rata to the stakes placed on the winning competitor and those tickets are paid out.

Essentially it implements a system of starting price SP betting. In particular it refers to the invention of George Julius , the English-born, New Zealand educated, Australian inventor, engineer and businessman, though there have been other claimants, notably engineer Joseph G. The term automatic refers to the fact that the bets were automatically summed and a ticket issued when a bet was registered on the issuing machines, and it provided a safe and virtually fraud-free method of betting, replacing the earlier jam-pot totes , which used either paper transactions or some method of counting bets like steel ball bearings.

The machine did not actually calculate the payout. The method was widely used in the Australian, New Zealand and American horse-racing industries and for greyhound racing in the UK, although there were other installations in countries as diverse as France, Venezuela and Singapore. From Wikipedia, the free encyclopedia. Redirected from Totalisator. Large numeric or alphanumeric display used to convey information. Archived from the original on Retrieved 24 July The News. Retrieved 22 September — via National Library of Australia.