Tote Win
The minimum stake for this bet is £2. One selects a horse from the field. This can be on any horse at any race meeting. The betting slip can be denoted with the horse's race card number, or the horses name (and if at another course, the name of the course), or it can be marked as the 'favourite', where the horse is not nominated but the bet is placed on whichever horse is favourite (has the largest amount of money put into the pool) at the start of the race. This will, obviously, have the lowest payout (since the pool will be shared with the largest number of winners) but the assumption is that if others have bet on it, it must have a good chance of winning.
Read more about this topic: Tote Betting
Famous quotes containing the words tote and/or win:
“The head must bow, and the back will have to bend,
Wherever the darkey may go;
A few more days, and the trouble all will end,
In the field where the sugar-canes grow.
A few more days for to tote the weary load,—
No matter, ‘t will never be light;
A few more days till we totter on the road:—
Then my old Kentucky home, good-night!”
—Stephen Collins Foster (1826–1884)
“Always remember, others may hate you. Those who hate you don’t win unless you hate them. And then you destroy yourself.”
—Richard M. Nixon (1913–1992)