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What is TOTE?
The tote (short for totalisator) is a system run by the racing club. The tote (those ticket sellers behind the small windows you see everywhere) collects bets in various pools (like the win, place, tanala, jackpot, super jackpot, etc), deducts its commission and betting tax, and then distributes the balance amount to all successful tickets in respective pools. The tote betting is less cumbersome, and ideal for a beginner.
What is DIVIDEND?
Dividend, in racing language, is the winning amount declared by the tote for the particular pool.
SINGLE RACE POOLS
WIN - when you bet a horse to WIN, you get dividend only if your horse finishes first.
The minimum bet unit on the tote is Rs.10/-. If you want to make a bet of RS.20 for WIN on horse no 4, this is how you should say, "Win, number 4, Rs.20 please." to the ticket seller. Avoid mentioning the name of the horse. That way there will be little room for confusion.
PLACE - When you bet a horse to PLACE, your choice should finish either first or second (if there are 7 or less horses), and first, second or third (8-11 runners), and first, second, third, fourth (12 or more runners). Like WIN, the minimum bet for PLACE is Rs.10/-.
SECOND HORSE POOL (SHP) -This is a pool similar to 'WIN'. The horse you bet must finish second. You lose if it wins or finishes third or worse. The unit of bet is Rs.10/-.
FORECAST - To win money in this pool you are required to successfully predict the first two horses in the race in the correct order.
QUINELLA - Same as FORECAST with the only difference, that the order now is not important. The two horses you nominate for this pool must finish first and second in any order.
TANALA - In this pool, which can sometimes pay mind-boggling dividends, you have to predict first three horses in correct order. The unit of bet is Rs.10/- for one combination. If you get the winner right, but your second and third choices reverse their places (for example, if you buy a tanala ticket 8- 3 12 and the result of the race is 8-12-3), you still win a consolation share of the pool.
MULTI RACE POOLS
SUPER JACKPOT POOL - Six races are designated for the super jackpot pool. On today's card, the six super jackpot pool races are the 4th, 5th, 6th, 7th, 8th, 9th. All you have to do is correctly nominate winners of these six races in one combination. Each combination costs only Rs.2/-. And you can build what is called a permutation slip by selecting any number of horses from each designated race. The investment will go up according to your selections. So is your chance of winning. If you miss the last leg, you are still eligible for a dividend. Winning this pool is difficult but the dividends are handsome.
JACKPOT POOL - The jackpot pool is similar to the super jackpot pool with the following differences : The unit of betting is Rs. 10/- per combination (instead of Rs.2/- for the super jackpot); there are only five designated races for the jackpot pool; and there is a consolation dividend if you win the first four legs but fail in the last leg. Winner of this pool is paid handsome dividends.
TREBLE POOL-You are required to successfully nominate the winners of three designated races. You can buy the permutation. The price of one combination (on horse in each of the designate three races) is Rs.10/-. But no, there are no consolations. Your ticket must have all the three winners.
AACUMULATOR - Accumulator is a multi-race bet wherein if your horse wins, all the winnings are rolled onto the next horse that you nominate. To qualify for a dividend, all your horses MUST win. Accumulator bets may be placed on WIN and PLACE. You can select minimum 2 and maximum 6 races. The minimum bet unit is Rs.10/-. This can save your time to visit the TOTE windows.
KENCHI – Simply put, a KENCHI bet is nothing but a permutation of an Accumulator bet. You can select minimum 3 or maximum 5 races. The good thing about a Kenchi is you get some money back if at least two of your horses win. For a 10-rupee KENCHI, following is he investment required: 3 horses: Rs.40/- 4 horses: Rs. 110/- 5 horses: Rs.260/- permutation of an Accumulator bet. You can select minimum 3 or maximum 5 races. The good thing about a Kenchi is you get some money back if at least two of your horses win. For a 10-rupee KENCHI, following is he investment required: 3 horses: Rs.40/- 4 horses: Rs. 110/- 5 horses: Rs.260/-
FIXED ODDS BETTING - This is presently a very popular form of betting on Tote. You can save a trip to the crowded bookmakers' ring and simply bet with the Tote at 'Fixed odds'. If you bet a horse in this way, irrespective of the falling or rising odds, you are assured of the odds for which you 'booked' your bet. WIN, PLACE and JODI betting is presently offered, and the current odds offered are displayed constantly on the monitors. The minimum bet unit is Rs.50/- for which 10% tax (Rs.5/-) is deducted and you are issued a ticket for an investment of
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