Tote Review

27 March 2020
par Better Collective

Commercial content | New Customers Only | 18+

Use this Tote Review to find the latest promotions that have been confirmed valid for use for this operator. The site features a range of pool bets. Dividends are declared based on the amount of money in the pool and the weight of money on each horse.

This Tote review identifies a welcome bonus of £10 as a free bet and the site can be read on desktop computers but there is no mobile Tote app.

Tote Review Our rating
Welcome offer Up to £10 risk free first bet
2/5
Markets 5/5
Odds 5/5
Streaming/Live options 0/5
Mobile App NA
Payment options 4/5
Customer service 5/5
Average grade 4/5
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UK customers only. 18+. Place your first bet on Pools and if it loses we’ll refund your stake in cash. Max refund is £10. Qualifying bet is the first bet added to the betslip. Totewin will be the qualifying bet when a Totewin and a Toteplace bet are struck at the same time. E-wallet deposit restrictions apply. Full T&Cs Apply.

Tote Logo

Welcome Bonuses – 2

The operator’s welcome bonus is for up to £10 in the form of a risk free bet. This Tote sign up offer is subject to the following Terms & Conditions:

  • New customers only and existing customers are not eligible.
  • Optional Tote promo code.
  • A minimum deposit of £1.
  • First pool bet qualifies.
  • Bet matched for up to £10 if the first bet loses.
  • Tote General Terms & Conditions apply

This welcome bonus is transparent and achievable. However, It has the lowest value of any similar offers from UK-facing online bookmakers. It is a genuine 100% matched bet bonus because the value of the free bet equates to the value of the qualifying bet.

Tote Bonus

Tote Betting Markets and Sports -5

Totesportsport no longer exists and visitors are directed to the Tote website. This is a pool betting operation that offers markets on horse racing in the UK. Customers can bet on horses to win or be placed, forecasts and race accumulators. These markets have Tote branding.

The pools cover straight win bets and more exotic markets that offer the potential for a life-changing win from a small stake. Tote does not offer any other betting sports but the range of horse racing markets cannot be faulted.

Tote Odds

Tote odds are not the conventional decimal or fractional odds that you see with a fixed-odds bookmaker. Customers are paid out based on dividends which are determined by the weight of money.

The nature of the pool betting model is such that Tote odds compare favourably with the Staring Prices (SPs) with regular bookmakers.

The Tote review has found this comparison:

  • Fixed odds: 4/1 or 5.00
  • Tote dividend: 5.60

The Tote dividend is declared for a £1 stake so in this example there is better value in the Tote odds. For a stake of £10, the return is £56.00, made of £46.00 in profit and the £10 stake.

The Jackpot and Placepot are win and place accumulators on the first six races on a card. The payout is based on the number of winning bets and the amount of money bet into the pool.

The payouts can be bigger or smaller than the combined fixed odds, depending on the number of winning bets and the dividend fund. The site also offers decent odds for the equivalent of forecast bets.

The Tote Guarantee promises to pay win dividends that are at least the Starting Price with fixed odds bookmakers. If the dividend is bigger than the SP, bets will be settled based on the dividend. This offer covers all races in the UK and the maximum stake is £500.

Tote Betting

Streaming and Live Betting – 0

This feature cannot be fairly rated because the site only offers horse racing markets and does not feature any other sports. The Tote review revealed that the site does not feature any live betting events and there is no live streaming.

Several UK-facing fixed odds bookmakers live stream racing in the UK and Ireland. In some cases a qualifying bet is required or in others just an account balance. Tote has not announced any plans do offer live streaming of UK horse racing.

Tote Mobile App – NA

The Tote review reveals that there is no downloadable mobile app and the website cannot be installed on mobile devices. A dedicated app or mobile website is not imminent so all customers place bets using the website on desktop computers.

Payment Options – 4

Customers can only deposit funds using debit and credit cards. From April 2020, any operator that is licensed and regulated by the UK Gambling Commission will not be allowed to accept credit card deposits.

There are no facilities to deposit and withdraw funds using e-wallets, prepaid cards and Bank Transfer. The minimum deposit is £1.

Payment Options

Customer Care – 5

The Tote review has found an excellent level of customer care. The support department is open every day except Christmas Day, from 08.00 to 22.00 GMT. Customer can make by phone, email and Live Chat. There is also a generic email to provide feedback.

The site promotes responsible gambling with exclusion and control measures. The site also features banner links to problem gambling support organisations. The operator is not a member of the Independent Betting Arbitration Service (IBAS). The site meets the standards of customer care and compliance set and monitored by the UK Gambling Commission.

Our Verdict – 4

This is a specialist horse racing pool betting operation so it cannot be compared with fixed odds bookmakers that offer a range of betting sports. The service is functional and minimal but the focus is on providing value in the dividends.

The Tote Guarantee promises better or the same odds as the industry Starting Price.

The Tote review concludes the operation serves its purpose of providing pool betting with basic services and no additional features. The welcome bonus is easy to claim but the value is the lowest in the UK betting industry. However, for its niche, this is a positive Tote review.

👍 What We Like 👎 What We Don’t Like
👍 All UK horse racing 👎 Low-value welcome offer
👍 Win, forecast and exotic markets 👎 No mobile app
👍 Price Guarantee 👎 No live streaming
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