Online Tote Betting in America
In America betting on horses is a popular pastime and many bettors enjoy the opportunities that online wagering affords them. When it comes to wagering on these exciting events it’s important that you know how the different types of wager work in order to best benefit from them, and knowing a bit about totes will help you increase your chances of a solid bet and possible win.
Tote betting, which is also known as Pari-Mutuel or Pool betting is different to fixed odds betting as the odds of your wager are unknown up until the bets are closed. This is due to the stakes only being added up and a percentage for the house being removed after all bets are in, with the remaining sum left in the pool then split up between winning tickets. Pools betting accurately sums this process up as all bets are pooled and then wins are paid out from this collective amount. Finding the best online totes can therefore be challenging as you only known what your odds or a win are after the event has closed, but this can also making it an even more exciting type of wagering.
At USASportsBetting.info we bring you a selection of sites that offer the best online totes and make sure that you can take advantage of everything the top sportsbooks have to offer. From comprehensive race cards to big wins, you’ll find it all at our suggested sites. We’ve created this site to save you time and ensure you only bet with premium bookmakers, and helping you find the best online totes is part of our commitment to you.
When reviewing internet betting sites that welcome US bettors we pay careful attention to the markets on offer and the totes available, and we ensure that consistently high payouts are always available for the avid racing fan. This type of betting is a firm favorite with many Americans as the tote board continuously changes, right up until the last wager is placed and part of the excitement hinges on not knowing exactly what your odds are until after the betting has closed. To make sure you enjoy nonstop betting action we bring you the best online totes at your fingertips and make choosing a betting site simple, straightforward and hugely rewarding.
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Types of Tote Bets
In addition to the simple win bets there are a number of other types of bets that can be placed. These include place and show pool bets, exotic pool bets such as the box bets, doubles or trebles or Exactas, Quinellas, Trifectas and Superfectas. Jackpot, sweep, swinger and scoop 6 bets are also on offer and are perfect for the more experienced American bettor.
Explanations of some of these bets will help give you a better idea of what the best online totes have to offer:
- Win- A bet on which horse you think will be the first past the post.
- Place- A bet on a horse you think will be second or third, or sometimes even lower down in the results.
- Each Way- Combines Win and Place Bets.
- Exacta-Betting on the first and second place winners
- Trifecta-Betting on a winner, second and third place
- Quadpot- Choosing a horse to win or to place in four successive races.
- Placepot-Betting on the wining horses in all 6 races of one day.
- Jackpot- Betting on the winners of all races held on one day. These bets usually hold excellent odds and are very lucrative.
- Swinger-Betting on two horses that will place in the top 3.
Now that you know a little more about the types of bets, you can enjoy wagering at the best online totes in the US. Select one of our suggested American sports betting sites, choose your favorite race event and start wagering to win online.