Tote Bet Types

  • kenilworth
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Tote Bet Types

11 years 5 months ago
#435940
Hi All
Hoping that someone can shed some light on this topic for me.
I've been betting on a few races recently by betting Win or Place.
I'm trying to understand how the Tote side of it works. I've downloaded a document from tabonline which briefly describes the various types of bets on offer. There is a section under each bet called "how do I ask for it". It ends with "End off by stating how many times you wish to take the bet". What does this mean?

How would I go about putting R20 on a race for an Exacta for 4 horses? (Not Quartet).

Any help would be appreciated.

Thanks

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  • naresh
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Re: Re: Tote Bet Types

11 years 5 months ago
#435947
Saftote does not offer fractional betting on Exacta's. Therefore,

4 horses boxed 1 time = R 12
2 times = 24

You can only place the bet in multiples of 12. With online bookies you can take the Exacta for R20 = 1.67 times

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  • Marsellus Wallace
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Re: Re: Tote Bet Types

11 years 5 months ago
#435948
bet cost calculator

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  • kenilworth
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Re: Re: Tote Bet Types

11 years 5 months ago
#435952
Thanks
How did you get to 12?. I thought the minimum bet was R6?.

I was just using the Exacta as an example.
What does the "times" actually mean?


Thanks

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  • naresh
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Re: Re: Tote Bet Types

11 years 5 months ago
#435957
kenilworth Wrote:
> Thanks
> How did you get to 12?. I thought the minimum bet
> was R6?.
>
> I was just using the Exacta as an example.
> What does the "times" actually mean?
>
>
> Thanks


As explained before no fractional betting is allowed for Exacta's unless you wager the bet with a bookmaker. You can take 3 horses boxed for R6

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  • The Madji
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Re: Re: Tote Bet Types

11 years 5 months ago
#436013
kenilworth Wrote:
> Thanks
> How did you get to 12?. I thought the minimum bet
> was R6?.
>
> I was just using the Exacta as an example.
> What does the "times" actually mean?
>
>
> Thanks

There are 12 possible combinations in four horse boxed exactas...@R1 a line

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  • kenilworth
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Re: Re: Tote Bet Types

11 years 5 months ago
#436019
Thanks
When I place my bet at the tote. Do I need to specify "how many times". Can't I just give a R50 and say I'm betting R50 and leave the calculations to the operator?.

Am I correct in that the amount of money I give must at least cover every possible combination at R1 each?

Does this apply to Swinger, Trifecta, Quartet, Double, Pick 6/3 etc?

Thanks

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  • Frodo
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Re: Re: Tote Bet Types

11 years 5 months ago
#436031
(tu)Ok quick lesson:

On mostly all bet types, 'fractional betting' is allowed (I think the exception is the swinger, exacta, and of course wins and places)

For wins and places you can get 50 wins, or 50 places or 25 'each way' (25 wins and 25 places) or 30 wins and 20 places, etc etc for you R50.

For exactas and swingers it depends on how many horses you choose to include in you bet - and the cost is explained in that booklet on the tabonline site.

If you take a Jackpot (4 legs) or P6 (6 legs) BiPot (6 legs) or PA(7 legs/races) to work out the cost you would multiply the number of selections in each race to get to the cost of the bet - let's take a JP as example:

Leg 1: 5 horses
Leg 2: 2 horses
Leg 3: 10 horses
Leg 4: Banker (1 horse only)

So the cost would be 5x2x10 x1 = R100; now if you only want to spend R50, you can take 50% of the bet (and if you win you would only get 50% of the pay-out); if you want to spend R200 on the bet, you will get the bet twice (or 200%) and if you win you would get double (twice) the pay-out

The same principle of fractional betting applies to trifectas and quartets (costs also supplied in the 'cost booklet') and you can take any percentage - so if the cost of bet comes to R100, but you only want to spend R50, you again get 50% (half) of the bet and only collect 50% of the payout should you win

Hopes this help a bit (tu)

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  • gregbucks
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Re: Re: Tote Bet Types

11 years 5 months ago
#436033
kenilworth why not open an account with hollywood and take yr bets online.... much more efficient than the tote and you will receive some sort of customer service from the hollywood team something that you never gonna get from the tote lot... on top of that hollywood offers 15% bonus on yr deposit at least 3 times a year.... :)

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  • kenilworth
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Re: Re: Tote Bet Types

11 years 5 months ago
#436037
Frodo Wrote:
> (tu)Ok quick lesson:
>
> On mostly all bet types, 'fractional betting' is
> allowed (I think the exception is the swinger,
> exacta, and of course wins and places)
>
> For wins and places you can get 50 wins, or 50
> places or 25 'each way' (25 wins and 25 places) or
> 30 wins and 20 places, etc etc for you R50.
>
> For exactas and swingers it depends on how many
> horses you choose to include in you bet - and the
> cost is explained in that booklet on the tabonline
> site.
>
> If you take a Jackpot (4 legs) or P6 (6 legs)
> BiPot (6 legs) or PA(7 legs/races) to work out the
> cost you would multiply the number of selections
> in each race to get to the cost of the bet - let's
> take a JP as example:
>
> Leg 1: 5 horses
> Leg 2: 2 horses
> Leg 3: 10 horses
> Leg 4: Banker (1 horse only)
>
> So the cost would be 5x2x10 x1 = R100; now if you
> only want to spend R50, you can take 50% of the
> bet (and if you win you would only get 50% of the
> pay-out); if you want to spend R200 on the bet,
> you will get the bet twice (or 200%) and if you
> win you would get double (twice) the pay-out
>
> The same principle of fractional betting applies
> to trifectas and quartets (costs also supplied in
> the 'cost booklet') and you can take any
> percentage - so if the cost of bet comes to R100,
> but you only want to spend R50, you again get 50%
> (half) of the bet and only collect 50% of the
> payout should you win
>
> Hopes this help a bit (tu)

Thanks
In leg 4. Are you forced to only pick 1 horse?
Can I choose multiple horses in any leg of my P6, P3, Double, JP ?

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  • Frodo
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Re: Re: Tote Bet Types

11 years 5 months ago
#436039
Ken you can choose any number of horses in any leg - you could also take all the runners (the 'field') in any or all legs - of course taking the 'field' in all legs would very seldom yield a profit :P

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  • kenilworth
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Re: Re: Tote Bet Types

11 years 4 months ago
#436232
Thanks for the help.
To clear some things up....
• "Boxing" is only possible on single race bets
• If my bet cost is R50, I can only bet in multiples of R50. Unless fractional betting is allowed in which case I can bet a lower amount.

Is this correct?

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