Australia’s Best Totes Betting Online
Online punting is an incredibly popular pastime in Australia and one type of wagering style that gets plenty of attention is totes betting. At the top rated betting agencies we suggest for your enjoyment you’ll find some of the best online totes, and you can benefit from this exciting form of punting with every wager.
Totes betting is also known as Pari-Mutuel betting or Pool betting and it differs from the style of fixed odds betting, as your bets odds are not revealed until the event has closed. The odds depend on the number of bets taken and the size of the betting pool, and only once all bets are in, are totes able to reveal their odds. Once the tote has closed and the bets are totalled the house edge will be deducted and remaining funds split between those whose bets turn out to be correct. Pool betting sums up tote style wagering the best, as all bets are put into a pool and then paid out depending on the punters wager.
At BettingAgencies.net.au we’ve made it easy for you to find the best online totes betting and we’ve taken the guesswork out of choosing a bookmaker. This means you can relax and enjoy all the best horse racing betting action with complete peace of mind, and pay more attention to your wagers. Totes betting is suspenseful and unlike fixed odds you never know how big the payout you are in line to receive is going to be.
The best online totes betting offer a number of different betting options and Australian punters can choose whether they want to try their luck with basic win or place bets, or indulge in the more exotic quadpots and exactas. To help you understand the different betting options on offer we’ve explained some of the more common types below:
Win-A bet placed on the horse you think will be first passed the finish line.
Place-A bet where you choose the horse that will come in second or third.
Each Way- A wager that combines both the win and place bets.
Exacta- Picking the first and second place winners in the race.
Trifecta- Picking first through to third winners in the correct order.
Quadpot- Choosing horses that will win or place in 4 different races on one day.
Placepot- Choosing the winner or horses that place over 6 races on any one day.
Jackpot-A winner from each of the 6 races in one day must be chosen. This is a difficult bet but the payouts are always enormous.
Swinger-This exotic bet sees a punter choose 2 horses to place in the top 3. Winnings are paid out depending on the placement of horses and 1st and second payouts are always larger than 2nd and 3rd.
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Online Totes Betting Options
These bets and more are all available at the top betting agencies we recommend for Australian punters. You’ll find the best online totes betting are all ready and waiting for your wager and you can get in on all the excitement any time you choose. Simply pick a bookmaker that suits you, register, make a deposit and bet on the horse you think could make your fortune.