Best Totes Betting Online in Australia
Australians really enjoy horse racing betting and when it comes to horse racing, the most important thing is picking the best online tote sports betting to bet at. A tote is a pooled bet, which means that all the money that is won, is made up of all the bettors’ bets and divided amongst the winners, according to the odds. It is a good idea for all those Australians who enjoy totes betting on the horses to familiarize themselves with the tote and tote bets. Many people may have already heard of the term pool betting, which works in the same way as the tote. When you place totes bets, you will notice that there is a tote board which informs bettors of the odds on the horse that they are tote betting on. The tote board is always changing and continues to change right up until the race begins.
One of the most exciting aspects of placing tote bets at a tote is not knowing what your odds are until the race starts. The reason that the odds keep changing is that they are determined by how much money is put into the pool. If many people bet on the same horse, the payout won’t be as much as it will be if a long shot wins. This is because the more people that bet on a particular horse, the more people need to be paid out. If you do bet on a long shot and it wins, you will often be paid out very well, so the more you learn about the races the more chance you have of making a big win.
There are many different tote betting options with the best totes betting including Win, Place, Trifecta, Quadpot, Placepot, Jackpot, Scoop 6 and Swinger. The most popular tote bets are the Win and place bets because they are straightforward and can be placed by newcomers and experts alike. A win is straight forward; if your horse wins, you get paid out. A place bet is when you bet on a horse to come in second or third and sometimes even after third. An Each way bet combines the win and the place tote bets. The Exact bet means picking the winner of the race as well as the second place. The Trifecta is betting on which horses come first second and third. The Quad pot is when you choose horses to place or win in each of four races. The Place pot is when you bet on a horse for all six races during a day of racing.
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Best Online Tote Bets
A jackpot bet is when you place tote bets by selecting a winner for each of six races during a day of racing. This is very difficult to do, but if you get it right you will walk away with a huge amount of money. The Scoop six bet is a favourite at the best online sports betting sites and is usually only allowed on a big race day such as a Saturday, when the races are televised and totes betting is happening on a big scale. To win the Scoop six, the bettor must predict the winners of all of the six races of the day. If you get it right, the winnings are always excellent, but if you get just one wrong, you lose the whole bet.
If you want a great day at the races, then get your computer, laptop or iPad and head over to the best online tote betting in Australia now!