Best Totes for American Online Punters
The American sportsbooks offered at this website will help bettors locate the best online totes in the USA. This type of betting is also known as pari-mutuel betting, or pool betting, and differs from fixed online sports betting in that the bettor does not have access to the odds on the bet he or she is going to place until betting for the race has closed, usually as it begins, and no more bets can be made. After the event has finished, the various stakes are added together, and, once a portion has been subtracted for the house, the total is split between whosever’s tickets have won.
The payouts made on horses deemed more likely to win are smaller when they do, since these animals tend to attract more bettors to begin with, and the final total is divvied up between more individuals when the race ends. Should an outsider go on to win first place, however, then the dividends paid can be substantially bigger, with the stakes divided by fewer winners.
The French have named this style of betting pari-mutuel, and their process is identical. All the bets laid are pooled together, and the winners receive a portion of this money after the race is run.
Sportsbooks who claim to offer the best online totes will make sure they offer American bettors a big choice of bet types, and not limit their customers to just Win bets. Besides Place bet pools, individuals can take part in exacta, trifecta, doubles, trebles, sweeps, quinella, superfecta, box bets and quadrellas. You will certainly be able to find one that suits the way you like to lay your wagers very easily.
Win bets are very popular wagers, with both newcomers and those more experienced in the search for the best online totes. Simply choose a horse to win, and collect your payout if you are correct, divided by the amount of people who shared your hunch. Place bets are also widely used, and require bettors to select animals to place first, second or third in the race. Should a race feature only five to seven runners then a no third dividend is usually enforced, whereby no payout is delivered on the third place, and in races with less than four horses taking part a Place bet might not be available at all, with bettors limited to Win bets only.
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Sample the Best Online Totes in USA
American bettors can choose to combine these two popular bets with an Each Way bet. With this double wager you will collect on both bets, Win and Place, if your nominated horse wins the race, and still collect on the Place bet if it comes in second or third.
The best online totes offer American bettors an added level of excitement on an event that already offers nail biting action. Create an account with one of the US sportsbooks on offer from this website and start getting in on the action. When you select a sportsbook from here you can be sure you are accessing the best online totes available anywhere, and enjoy your horse race betting like never before.