A major difference between horse betting compared to sports betting are the different kinds of odds available. While sports betting usually always only allows you to struck a bet a fixed-odds, in horse and greyhound betting there are different kind of odds offered depending on the event country and race type.
Tote betting refers to wagers that are forwarded by us into a Totalisator pool, also known as Parimutuel Betting. It is a betting system in which all bets of a particular type are placed together in a pool; when the pool is closed taxes and the "house-take" are removed and the payoff odds are calculated by sharing the pool among all winning bets.
Similarly to SP betting, you will not know the odds you are getting when placing a Tote bet. The odds will not be known until the fixture is underway. Any odds that are shown in the Tote column, on our race cards, are only a guide to the likely Tote odds based on the current market.