If you are an experienced bettor, have visited a betting site or been to a race meeting, there is a good chance you will have come across the idea of a Tote bet.
A Tote bet is a popular bet type among horse racing bettors. It involves pooling bets on a race or event into a pot which is then shared between the winners. For those new to Tote betting, it works in a similar way to the lottery.
