TOTE DAILY JACKPOT BETS Explanation
Tote bets are perhaps the
fairest form of gambling there is available to punters.
This is because all stakes bet by punters are pooled and then
shared out amongst the winners.
This is of course after
the Tote has deducted their operating expenses,plus a profit
Actually,the deductions are quite
high,particularly for popular bets like Tote jackpot,Scoop 6,and
Placepots - about 27% of pool takings.
deductions are much smaller for tote wins,places and forecasts
etc.,punters should normally avoid those bets as the pools are
tiny at many meetings,and even a modest bet will reduce your own
dividends making it an option to avoid when placing bets on
The Jackpot is well worth betting - but only
when the pool has rolled over for a considerable time.
This makes more bearable that big deduction the Tote make from
bets - after all the rollover will more than pay for that if you
are lucky enough to win the Jackpot - so wait for the pot to
grow and then make your move.
Even popular bets like the
Tote Jackpot grind along for days with just a few thousand
pounds rollover ( The Tote guarantee a £10,000 payout from day
However once it goes a week or so,the pot grows
rapidly - everybody else is keeping an eye on the amount
available to be won,and the syndicates and punters all pile in
at the same time.
The record is about £2.5 million won
quite recently,and at the time of writing this article,a
rollover of £1.5 million is exciting Tote Jackpot hunters
What is the Tote Jackpot,and How do You Bet ?.
It is a simple bet that requires punters to
select,usually,the first 6 winners of the selected Tote Jackpot
meeting - the bet operates every racing day in the U.K.
Firstly,they all must win - there are no consolations when doing
the Tote Jackpot - you win the lot or you lose !!.
Jackpots for this bet can be huge - they start slowly,but as the
Jackpot becomes tempting,the syndicates and other punters pile
in to swell the pot quickly.
Declared to a £1 unit but
you can do perms for lesser stakes (now 50P).
always select the most difficult meeting of the day,so you may
want to perm your bets to give you a better chance.
Remember,you don't have to pay £1 per line - this would make
perms costly - you can make the units 50p,and of course you get
a a half of the declared unit for £1.
Maybe you want 2
selections in each race - this is 64 bets - 2 x 2 x 2 x 2 x 2 x
2 = 64
Perhaps you want one banker then it is 32 bets - 1
x 2 x 2 x 2 x 2 x 2 = 32
Difficult Handicap Race and you
need 3 selections ? - 96 bets 2 x 3 x 2 x 2 x 2 x 2 = 96
Maybe 2 bankers and 2 in the rest - 16 bets 1 x 1 x 2 x 2 x 2 x
2 = 16
Just multiply out your bets,decide your stake
unit,and make your bet.
IMPORTANT - Non runners are substituted with the
favourite - if there are 2 joint favourites you are on the
favourite with the highest race card number.
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