Unlike racecourse bookmakers who offer you odds – or prices – for betting on each horse in a race, the Tote offers you a pool bet.
This means it pools together the money it receives from bets on a given race and, similar to the National Lottery, shares this out among customers with winning tickets.
That means that the fewer people who bet on your horse compared to others in the race, the greater the percentage of the pool you will receive if it wins!
The Tote has a minimum bet of £2. Other bookmakers vary, but if they have a minimum this will be clearly displayed. If in doubt, just ask them!
Visit Tote.co.uk or oncourse for more information