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What is Tote Gambling? Tote Gambling is an extremely popular form of wagering on Horse Racing which involves bets being pooled and winnings shared as dividends to people who bet on the winning horse or horses. Although Tote Gambling usually refers to Horse Racing it also applies to Greyhound Racing and Sports Betting. It's popularity is largly due to more attractive odds and returns than traditional betting against a bookmaker.
The Tote is the only bookmaker in Britain which is allowed to offer Parimutuel betting on Horse Racing. Other bookmakers offer a Tote service through syndication, while other bookmakers will accept a Tote bet and pay out on exactly the same terms as the Tote. The term Tote is derived from the Totalisator which calculates and displays bets already made.
Tote Trifecta Bets Pick the horses to finish 1st, 2nd and 3rd in the correct order.