## Tote UK – Racecourse betting rules

The following rules apply to all pool bets on British horseracing placed on britbet racecourses.

Pool betting is available at this racecourse with customer facing services provided by Britbet Racing LLP (“Britbet”). Britbet is a company owned by the vast majority of British racecourses.

Britbet is authorised to accept pool bets on behalf of Tpoolco Limited (“Tote”). Bets accepted by Britbet will flow into the host pool operated by Tote.

Tote will settle pools based on Tote Pool Betting Rules, a summary of which is provided below for single leg bets. For full detailed rules including all multi-leg rules, please see the Tote website or contact Tote.

## General

- All Tote bets are placed into pools operated by the Tpoolco Limited, The Spectrum, 56-58 Benson Road, Birchwood, Warrington, WA3 7PQ, United Kingdom (‘Tote’ is a brand name).
- All Tote bets are subject to the Tote betting rules and general rules of the Tpoolco Limited as amended from time to time.
- All Tote bets are ‘pool’ or ‘pari-mutuel’ type bets whereby the winning return is calculated by reference to the money staked in the pool and the eventual number of winning bets.
- There are no maximum limits to the amount of money that can be staked or won on a Tote bet. (The size of the pool provides a natural limit to the available winnings).
- All British horseracing will be subject to the British Horseracing Authority. Decisions of the relevant authority as to the running and outcome of events will apply to all Tote bets.
- The timing of the declaration of dividends shall entirely be at the discretion of Tote.
- Tote reserves the right to rectify errors in accepted bets regardless as to the cause.
- Subject to the preceding rules and once the ‘weighed in’ official result has been announced, the declared dividend will stand regardless of any subsequent alteration to the official result.
- Tote is prohibited by law from accepting bets from persons under 18 years of age. Tote will refuse to accept bets where it has reason to believe that the person placing them is doing so on behalf of persons under the age of 18. Any bets found to have been placed by or on behalf of a person under the age of 18 will be void.
- In the event of a failure, for whatever reason, which prevents the declaration of a dividend, the stakes of the Tote(s) concerned may be refunded.
- Bets accepted in relation to third party international pools are additionally subject to the betting rules relative to those pools.
- Bets ‘stand’ on horses which do not run after coming under Starter’s Orders.
- On all single-leg pools, bets are void on horses declared as non-runners before coming under Starter’s Orders. For all multi-leg pools, non-runners are normally transferred onto the favourite, subject to the details in the rules.
- All Tote bets on a single race are void if a race does not take place on the day scheduled, unless otherwise advertised. The rules for multiple leg bets are as stated in the relevant section of the rules.
- Any net amounts from pools which were not won and have been carried forward, are suitably ring-fenced and held in a separate account with Tpoolco Limited.
- Totalisator pools hosted by the Tpoolco Limited operate on an international basis, therefore meaning that investment may originate from customers residing outside and inside the United Kingdom.

## Placing bets

- Minimum permitted stakes and stake units apply. See the point of sale for details. Terms for other outlets may vary.
- All bets must be confirmed in the system together with full stakes paid not later than the start of the race (‘the off’).
- Full stakes for the correct amount must be paid in cash when bets are placed. Official tickets will be given as receipts and these should be checked carefully as errors cannot be rectified after the start of any race concerned. Bets will only be paid in accordance with official tickets/receipts.
- Customers must check their tickets/bet receipts as errors will not be rectified after ‘the off’.
- Customers must check any change given from bets as claims for errors will not be considered once the customer has left the point of transaction.

## Payment of winnings

- Payment of winnings is subject to the point of sale general rules. Payment of winnings from bets placed via third parties is subject to the payment rules of the third party.
- Customers must check payments as claims for errors will not be considered once the customer has left the point of transaction.
- When there is an objection or Steward’s Enquiry which could affect the winner or placed horses, payment will not be made until the ‘weighed in’. Otherwise payment is made at Tote’s discretion on winning tickets when the dividend is declared.
- In the event of an amended result, claims for additional payments on tickets previously surrendered must be made to the address below.
- Britbet reserves the right to pay the whole or part of any winnings by BACs. This will be arranged from our Head Office.
- Payments may be claimed by posting the tickets to
**Britbet, Customer Services, 4th Floor, Alaska House, Atlantic Park, Dunnings Bridge Road, Liverpool, L30 4AB**. Postal payments will normally be paid by BACs , direct to a UK bank account. - Payments may be collected up to 12 months after purchase. Claims beyond this period must be submitted in writing in accordance with Rule 6 above. Terms for payment through third party outlets may vary.

## Disputes

If you are not satisfied with the resolution of the complaint, please contact Britbet customer services via email at **support@britbet.com** or via letter to **Britbet, Customer Services, Aintree Racecourse, Princess Royal Stand, Ormskirk Road, Liverpool, LA9 5AS**. Please provide full details of the complaint to help us resolve the matter as quickly as possible. Where appropriate Britbet will contact Tote if required to deal with any complaint. Any complaint will then follow the internal Britbet complaints policy (available on request) with the intention of responding to the customer within 30 days of receiving the complaint.

If the event is still not resolved at this stage, you may submit the dispute to the** Independent Betting Adjudication Service (IBAS), PO Box 62639, London, EC3P 3AS**, telephone **020 7347 5883**. We will advise you if the complaint should be made against Britbet or Tote, which will depend on the circumstances in each case. Forms can be found on the IBAS website.

## TOTEWIN

### Aim of the Bet

To select the winning horse.

### Races On Which Pool Is Operated

The totewin pool is operated on all races of 2 or more runners unless otherwise stated.

### Placing Bets

Minimum permitted stakes and stake units apply. See the point of sale for details.

### Pool Deduction Rate

19.25% (The net pool is therefore 80.75% of the gross pool)

### Calculation of Dividends

The total of the funds invested plus any funds brought forward form the gross pool. If the gross pool is guaranteed to a particular amount, then this amount forms the gross pool unless the total of the funds invested plus any funds brought forward is greater than the guarantee.

The net pool is divided by the total stakes on the winner of the race to obtain a calculated dividend. The calculated dividend is then rounded down to the next 10 pence to obtain the payable dividend declared to a £1 stake, with the following exceptions:

- If the calculated dividend is greater than 90p and less than £1.10, the payable dividend will be £1.10.
- If the calculated dividend is 90p or below, the payable dividend will be £1.02.
- Notwithstanding (i) and (ii) above, in the case of a dead heat for first place if the calculated dividend is 60p or below, the payable dividend will be 60p. (See rule on Dead Heats below.)

Holders of winning tickets are then paid in proportion to their stakes. If the winning horse is part backed, i.e. there is less than £1 of winning tickets in the pool, the net pool is the calculated dividend. In accordance with the rules above, this is then rounded down to the next 10 pence to obtain the payable dividend to a £1 stake. The balance of the gross pool which has not been won will be carried forward to another race as decided by Tote. The deduction from any pool is only taken at the time the funds are won, so this is added back to the net rollover to be included within a subsequent pool.

#### Example 1

Suppose we have a totewin pool where the net fund available for distribution after the deduction has been removed is £1,000 and the total amount invested on the winning horse is £0.80.

As the winning horse is part-backed, then the net pool of £1,000 is the calculated dividend.

The total amount paid out on the winning horse is only (0.80 x £1,000) = £800, so the remaining £200 which has not been won will be carried forward to a subsequent totewin pool.

The deduction from any pool is only taken at the time the funds are won, so the 19.25% deduction is added back to the net funds carried forward. Therefore the gross carry-forward in this example is £200.00 / (1 – 19.25%) = £247.68.

If the winning horse is not backed, then the entire gross pool will be carried forward to another race as decided by Tote.

Note that any guarantee is disregarded for the purposes of carry-forwards.

### Favourite Investment

Bets on the un-named favourite are not accepted in the totewin pool.

### Non-Runners

Bets ‘stand’ on horses which do not compete after coming under starter’s orders. Bets are void on horses which become non-runners before coming under starter’s orders, and the stakes on such non-runners are refundable.

### Walkovers/Abandonded Races/Meetings

If the race is a walkover, or is void or is abandoned and is not re-ran on the same day, the pool will be declared void and all stakes refunded, unless otherwise stated. This is irrespective of whether the race is re-scheduled for a later date or not.

### Multiple Selections

Multiple selections on the same slip are accepted.

### No Finishers

If the official result is that there are no finishers, the pool will be declared void and all stakes refunded.

### Dead Heats

When two or more horses dead-heat for first place, the net pool will be divided into as many equal parts as there are dead-heating runners. The part of the net pool allocated to each dead-heating horse is divided by the total stakes on that runner to obtain a calculated dividend for each dead-heating horse. The calculated dividend is then determined in accordance with the Calculation of Dividends above.

Holders of winning tickets are then paid in proportion to their stakes.

If a dead-heating horse is part-backed, i.e. there is less than £1 of tickets in the pool on that horse, the net pool assigned to that horse is the calculated dividend. In accordance with the rules above, this is then rounded down to the next 10 pence to obtain the payable dividend to a £1 stake. The balance of the net pool assigned to that dead-heating horse which has not been won will be carried forward to another totewin pool as decided by Tote. The deduction from any pool is only taken at the time the funds are won, so this is added back to the net rollover to be included within a subsequent pool.

#### Example 2

Suppose we have a totewin pool where the net fund available for distribution after the deduction has been removed is £1,000 and there is a dead-heat for first place between two horses, A and B with the following amounts invested on each:

- £100.00
- 0.90

The net pool is divided into 2 equal parts, and £500 is allocated to each of horses A and B. The £500 allocated to horse A is then divided by the £100 of stakes on that runner, so the calculated dividend for horse A is £5.00. As horse B is part-backed, the £500 allocated to that horse is the calculated dividend. The total amount paid out on horse B is only (0.90 x £500) = £450, so the remaining £50 which has not been won will be carried forward to a subsequent totewin pool. The deduction from any pool is only taken at the time the funds are won, so the 19.25% deduction is added back to the net funds carried forward. Therefore the gross carry-forward in this example is £50.00 / (1 – 19.25%) = £61.92.

If a dead-heating horse is not backed, the portion of the pool assigned to that dead-heating horse will be carried forward to another totewin pool. The deduction from any pool is only taken at the time the funds are won, so this is added back to the net rollover to be included within a subsequent pool.

The minimum dividend payable on a totewin bet involving dead-heating horses will be 60 pence.

## TOTEPLACE

### Aim of the Bet

To select a horse to finish placed.

The finishing positions which constitute a place in any race, unless otherwise stated, are as follows:

Runners | Places |
---|---|

5-7 runners | 1st and 2nd |

8-15 runners | 1st, 2nd and 3rd |

Non-handicap of 16 or more runners | 1st, 2nd and 3rd |

Handicap of 16 or more runners | 1st, 2nd, 3rd and 4th |

### Races On Which Pool Is Operated

The toteplace pool is operated on all races of 5 or more runners unless otherwise stated.

### Placing Bets

Minimum permitted stakes and stake units apply. See the point of sale for details.

### Pool Deduction Rate

20% (The net pool is therefore 80% of the gross pool)

### Calculation of Dividends

The total of the funds invested plus any funds brought forward form the gross pool. If the gross pool is guaranteed to a particular amount, then this amount forms the gross pool unless the total of the funds invested plus any funds brought forward is greater than the guarantee. The net pool is divided by the number of places payable on the race as defined above, i.e. 2, 3 or 4, in equal proportion. The part of the net pool allocated to each place is then divided by the total stakes on that placed horse to obtain a calculated dividend for each place. The calculated dividend is rounded down to the next 10 pence to obtain the payable dividend declared to a £1 stake, with the following exceptions:

- If the calculated dividend is greater than 70p and less than £1.10, the payable dividend will be £1.10.
- If the calculated dividend is 70p or below, the payable dividend will be £1.02.
- Notwithstanding (i) and (ii) above, in the case of a dead heat if the calculated dividend is 50p or below, the minimum payable dividend will be 50p. (See rule on Dead Heats below.) Holders of winning tickets are then paid in proportion to their stakes.

In the event of (ii) above, i.e. if the calculated dividend falls below 70p, money will be taken from the net pool on the remaining placed horses in equal shares to ensure that the minimum calculated dividend on any placed horse is not less than 70p.

#### Example 3

Suppose we have a toteplace pool where the net fund available for distribution after the deduction has been removed is £12,000, and suppose there are 3 places payable. Then the net pool initially allocated to each placed horse = (£12,000 / 3) = £4,000.

Suppose the total amounts invested on the 3 placed horses are:

Horse | Invested |
---|---|

1st placed horse | £1,000 |

2nd placed horse | £500 |

3rd placed horse | £8,000 |

Therefore the calculated dividends on the 3 placed horses would be:

Horse | Dividend |
---|---|

1st placed horse | £4.00 |

2nd placed horse | £8.00 |

3rd placed horse | £0.50 |

The calculated dividend for the 3rd placed horse is less than 70p. Therefore money will be taken from the net pool on the remaining placed horses in equal shares to ensure that the minimum calculated dividend on any placed horse is not less than 70p.

The net pool which must be allocated to the 3rd placed horse to increase the calculated dividend to 70p is (£8,000 x 0.70) = £5,600. This means an additional (£5,600 – £4,000) = £1,600 will be taken from the net pool on the other 2 placed horses in equal shares, i.e. £800 from each of those other 2 placed horses. So the revised net pool allocated to each placed horse is now as follows:

Horse | Net pool | Revised net pool |
---|---|---|

1st placed horse | £4,000 - £800 | £3,200 |

2nd placed horse | £4,000 - £800 | £3,200 |

3rd placed horse | £4,000 + £1,600 | £5,600 |

The calculated dividend on each placed horse is now:

Horse | Net Pool | Dividend |
---|---|---|

1st placed horse | £3,200/1,000 | £3.20 |

2nd placed horse | £3,200/500 | £6.40 |

3rd placed horse | £5,600/£8000 | £0.70 |

So the declared dividends will be:

Horse | Dividend |
---|---|

1st placed horse | £3.20 |

2nd placed horse | £6.40 |

3rd placed horse | £1.02 |

#### Example 4

Suppose once again we have a toteplace pool where the net fund available for distribution after the deduction has been removed is £12,000, and there are 3 places payable.

Then the net pool initially allocated to each placed horse = (£12,000 / 3) = £4,000.

Suppose the total amounts invested on the 3 placed horses are:

Horse | Net Pool |
---|---|

1st placed horse | £5,000 |

2nd placed horse | £100 |

3rd placed horse | £8,000 |

(Note: The total amount of winning units can be greater than the net pool due to the deduction.)

The calculated dividends on the 3 placed horses would be:

Horse | Dividend |
---|---|

1st placed horse | £0.80 |

2nd placed horse | £40.00 |

3rd placed horse | £0.50 |

The calculated dividend for the 3rd placed horse is less than 70p. Therefore money will be taken from the net pool on the remaining placed horses in equal shares to ensure that the minimum calculated dividend on any placed horse is not less than 70p.

The net pool which must be allocated to the 3rd placed horse to increase the calculated dividend to 70p is (£8,000 x 0.70) = £5,600. This means an additional (£5,600 – £4,000) = £1,600 will be taken from the net pool on the other 2 placed horses in equal shares, i.e. £800 from each of those other 2 placed horses. So the revised net pool allocated to each placed horse is now as follows:

Horse | Net Pool | Revised Pool |
---|---|---|

1st placed horse | £4,000 - £800 | £3,200 |

2nd placed horse | £4,000 - £800 | £3,200 |

3rd placed horse | £4,000 + £1,600 | £5,600 |

The calculated dividend on each runner is now:

Horse | Net Pool | Calculated Dividend |
---|---|---|

1st placed horse | £3,200/£5,000 | £0.64 |

2nd placed horse | £3,200/£100 | £32.00 |

3rd placed horse | £5,600/£8,000 | £0.70 |

The calculated dividend for the 1st placed horse has now fallen below 70p. Therefore further money must be taken from the net pool on the other remaining placed horse, i.e. the 2nd placed horse, to ensure that the minimum calculated dividend on any placed horse is not less than 70p.

The net pool which must be allocated to the 1st placed horse to increase the calculated dividend to 70p is (£5,000 x 0.70) = £3,500. This means an additional (£3,500 – £3,200) = £300 will be taken from the net pool on the 2nd placed horse. So the revised net pool allocated to each placed horse is now as follows:

Horse | Net Pool | Dividend |
---|---|---|

1st placed horse: | £3,200 + £300 | £3,500 |

2nd place horse: | £3,200 - £300 | £2,900 |

3rd placed horse: | £5,600 |

The calculated dividend on each placed horse is now:

Horse | Net Pool | Calculated Dividend |
---|---|---|

1st placed horse | £3,500 / £5,000 | £0.70 |

2nd placed horse | £2,900 / £100 | £29.00 |

3rd placed horse | £5,600 / £8,000 | £0.70 |

So the declared dividends will be:

Horse | Dividend |
---|---|

1st placed horse: | £1.02 |

2nd placed horse: | £29.00 |

3rd placed horse: | £1.02 |

If a placed horse is part-backed, i.e. there is less than £1 of tickets in the pool on a placed horse, then the net pool assigned to that placed horse is the calculated dividend. In accordance with the rules above, this is then rounded down to the next 10 pence to obtain the payable dividend to a £1 stake. The balance of the net pool assigned to that placed horse which has not been won will be divided in equal proportion between the remaining placed horses which have been fully backed.

#### Example 5

Suppose we have a toteplace pool where the net funds available for distribution after the deduction has been removed is £3,000, and there are 3 places payable.

Then the net pool initially allocated to each placed horse = (£3,000 / 3) = £1,000.

Suppose the total amounts invested on the 3 placed horses are:

Horse | Net Pool |
---|---|

1st placed horse: | £500.00 |

2nd placed horse: | £100.00 |

3rd placed horse: | £0.40 |

The 3rd placed horse is part backed, so only £400 of the £1,000 allocated to that horse will be paid out on that horse. The balance of £600 will be divided in equal proportion between the other horses which have been fully backed, so an additional £300 will be allocated to each of the 1st and 2nd placed horses.

So the revised net pool allocated to each placed horse is now as follows:

Horse | Net Pool | Dividend |
---|---|---|

1st placed horse: | £1,000 + £300 | £1,300 |

2nd placed horse: | £1,000 + £300 | £1,300 |

3rd placed horse: | £1,000 - £600 | £400 |

The calculated dividend on each runner is now:

Horse | Net Pool | Dividend |
---|---|---|

1st placed horse: | £1,300 / £500.00 | £2.60 |

2nd placed horse: | £1,300 / £100.00 | £13.00 |

3rd placed horse: | £400 / £0.40 | £1,000.00 |

If a placed horse is not backed, the portion of the net pool assigned to that placed horse will be divided in equal proportion between the remaining placed horses which have been fully backed.

If none of the placed horses are fully backed, the balance of the gross pool assigned to each placed horse which has not been won will be carried forward to another race as decided by Tote. The deduction from any pool is only taken at the time the funds are won, so this is added back to the net rollover to be included within a subsequent pool.

If none of the placed horses are backed, the entire gross pool will be carried forward to another race as decided by Tote.

Note that any guarantee is disregarded for the purposes of carry-forwards.

### Favourite Investment

Bets on the un-named favourite are not accepted in the toteplace pool.

### Non-runners

Bets ‘stand’ on horses which do not compete after coming under starter’s orders. Bets are void on horses which become non-runners before coming under starter’s orders, and the stakes on such non-runners are refundable.

### Void/Abandoned Races/Meetings

If the race is void or abandoned and is not re-ran on the same day, the pool will be declared void and all stakes refunded, unless otherwise stated. This is irrespective of whether the race is re-scheduled for a later date or not.

### Reduced Field Size

If the number of runners in any race falls below 5, then the pool will be declared void and all stakes refunded.

### Multiple Selections

Multiple selections on the same slip are accepted.

### Insufficient Finishers

If the official number of finishers is fewer than the number of standard places in any leg, then only the runners which finish will be deemed to have been placed. The net pool will be divided by the number of finishers rather than being divided by the number of places that were originally payable on the race.

### Dead Heats

If two or more horses dead heat for the final position which constitutes a place, a dividend is paid on each of those dead-heating horses. The amount of the pool allocated to that place is divided equally between the dead-heating horses.

If three or more horses dead heat for the penultimate position which constitutes a place, e.g. 3rd place in a race where 4 places are payable, a dividend is paid on each of those dead-heating horses. The total amount of the pool allocated to the final two places is divided equally between the dead-heating horses.

The proportion of the net pool allocated to each placed horse in the event of a dead-heat is as follows:

Number of Places | Dead Heat | Finishing Positions | Proportion of net pool allocated |
---|---|---|---|

2 | 2 runners in 1st place | 1st(A) | 1/2 |

1st(B) | 1/2 | ||

2 | 2 runners in 2nd place | 1st | 1/2 |

2nd(A) | 1/4 | ||

2nd(B) | 1/4 | ||

2 | 3 runners in 1st place | 1st(A) | 1/3 |

1st(B) | 1/3 | ||

1st(C) | 1/3 | ||

2 | 3 runners in 2nd place | 1st | 1/2 |

2nd(A) | 1/6 | ||

2nd(B) | 1/6 | ||

2nd(C) | 1/6 | ||

3 | 2 runners in 3rd place | 1st | 1/3 |

2nd | 1/3 | ||

3rd(A) | 1/6 | ||

3rd(B) | 1/6 | ||

3 | 3 runners in 2nd place | 1st | 1/3 |

2nd(A) | 2/9 | ||

2nd(B) | 2/9 | ||

2nd(C) | 2/9 | ||

3 | 3 runners in 3rd place | 1st | 1/3 |

2nd | 1/3 | ||

3rd(A) | 1/9 | ||

3rd(B) | 1/9 | ||

3rd(C) | 1/9 | ||

4 | 2 runners in 4th place | 1st | 1/4 |

2nd | 1/4 | ||

3rd | 1/4 | ||

4th(A) | 1/8 | ||

4th(B) | 1/8 | ||

4 | 3 runners in 3rd places | 1st | 1/4 |

2nd | 1/4 | ||

3rd(A) | 1/6 | ||

3rd(B) | 1/6 | ||

3rd(C) | 1/6 | ||

4 | 3 runners in 4th place | 1st | 1/4 |

2nd | 1/4 | ||

3rd | 1/4 | ||

4th(A) | 1/12 | ||

4th(B) | 1/12 | ||

4th(C) | 1/12 |

The part of the net pool allocated to each dead-heating horse is divided by the total stakes on that runner to obtain a calculated dividend for each dead-heating horse. The calculated dividend is then determined in accordance with the calculation of dividends above.

Holders of winning tickets are then paid in proportion to their stakes.

In the event of a dead heat, if the calculated dividend of a horse involved in that dead heat is 50p or below, the dividend declared will be 50p and no money will be taken from the net pool allocated to any of the remaining placed horses to increase the calculated dividend.

If a dead-heating horse is part-backed, i.e. there is less than £1 of tickets in the pool on that horse, the net pool assigned to that horse is the calculated dividend. In accordance with the rules above, this is then rounded down to the next 10 pence to obtain the payable dividend to a £1 stake. The balance of the net pool assigned to that dead-heating horse which has not been won will be divided between all the placed horses which have been fully backed, and will be allocated in equal shares with the exception of the other dead-heating horse(s) for which the funds will be apportioned as stated in the dead-heat rule below.

If a dead-heating horse is not backed, then the net pool assigned to that dead-heating horse which has not been won will be divided between the remaining placed horses which have been fully backed, and will be allocated in equal shares with the exception of the other dead-heating horse(s) for which the funds will be apportioned as stated in the dead-heat rule below.

In the event of a dead-heat, if money within the toteplace pool should be transferred between the placed horses, either to increase a calculated dividend to a specific minimum threshold or to re-assign funds from a placed horse which has not been fully backed to the remaining placed horses which have been fully backed, then the funds transferred to or transferred from a placed horse will be proportioned in the same ratio as the allocation of funds in the event of a dead heat as shown in the table above.

### Example 6

Suppose we have a two-way dead heat for 3rd place with 3 places payable in the toteplace pool, where:

the 1st placed horse is part backed;

the 2nd placed horse and the two dead-heating 3rd placed horses are fully backed;

the balance of the net pool not won on the first placed horse is £1,000.

The £1,000 needs to be redistributed amongst the other placed horses which have been fully backed. Those are the 2nd, 3rd(A) and 3rd(B).

From the table above, the proportion of the net pool allocated to each placed horse is:

Horse | Proportion of net pool allocated |
---|---|

1st | 1/3 |

2nd | 1/3 |

3rd(A) | 1/6 |

3rd(B) | 1/6 |

So each of the two dead heating horses will be allocated half as much as the 2nd placed horse, i.e. the 2nd placed horse will be allocated £500 and each of the two dead-heating horses will be allocated £250.

### Example 7

Suppose we have a triple dead heat for 2nd place with 3 places payable in the toteplace pool, where:

one of the horses which triple dead-heats for second place is part-backed;

all the remaining placed horses are fully backed;

the balance of the net pool not won on that part-backed dead-heating horse is £700.

The £700 needs to be re-distributed amongst the other placed horses which have been fully backed. Those are the 1st, 2nd(A) and 2nd(B).

From the table above, the proportion of the net pool allocated to each placed horse is:

Horse | Proportion of Net Pool Allocated |
---|---|

1st | 1/3 |

2nd(A) | 2/9 |

2nd(B) | 2/9 |

2nd(C) | 2/9 |

So each of the two dead-heating horses which have been fully backed will be allocated two-thirds as much as the 1st placed horse, i.e. the 1st placed horse will be allocated £300 and each of the two dead-heating horses will be allocated £200.

## TOTESWINGER

### Aim of the Bet

To select 2 horses to finish in any of the first 3 places.

### Races On Which Pool Is Operated

The toteswinger pool is operated on all races of 6 or more declared runners unless otherwise stated.

### Placing Bets

Minimum permitted stakes and stake units apply. See the point of sale for details.

All bets must be accepted into the system together with full stakes paid not later than ‘the off’ of the race.

### Pool Deduction Rate

30% (The net pool is therefore 70% of the gross pool)

### Calculation Of Dividends

The total of the funds invested plus any funds brought forward form the gross pool. If the gross pool is guaranteed to a particular amount, then this amount forms the gross pool unless the total of the funds invested plus any funds brought forward is greater than the guarantee.

If the number of actual runners is 6 or more, even in handicaps of 16 or more runners, there will be 3 winning combinations:

Combination Number | Winning Combinations |
---|---|

Combination 1 | 1st + 2nd (either order) |

Combination 2 | 1st + 3rd (either order) |

Combination 3 | 2nd + 3rd (either order) |

One-third of the net pool will be allocated to each combination. The part of the net pool allocated to each winning combination is then divided by the total stakes on that combination to obtain a calculated dividend for each combination.

If the number of actual runners is reduced to only 4 or 5, then there is only one winning combination:

1st & 2nd (in either order)

In this case the entire net pool is divided by the total stakes on that combination to obtain a calculated dividend.

The calculated dividend is then rounded down to the next 10 pence to obtain the payable dividend declared to a £1 stake, with the following exceptions:

(i) If the calculated dividend is greater than 70p and less than £1.10, the payable dividend will be £1.10.

(ii) If the calculated dividend is 70p or below, the payable dividend will be £1.02.

(iii) Notwithstanding (i) and (ii) above, if as a result of a dead-heat the proportion of the net pool allocated to any winning combination is reduced from one-third in the case of 6 or more runners, or reduced from the entire net pool in the case of 4 or 5 runners, should the calculated dividend be 50p or below, the minimum dividend payable on such a combination will be 50p. (See rule on Dead Heats below.)

Holders of winning tickets are then paid in proportion to their stakes.

In the event of (ii) above, i.e. if the calculated dividend falls below 70p, money will be taken from the remaining winning combinations in equal shares to ensure that the minimum calculated dividend on any combination is not less than 70p.

### Example 8

Suppose we have a toteswinger pool where the net fund available for distribution after the deduction has been removed is £12,000.

Then the net pool initially allocated to each winning combination = (£12,000 / 3) = £4,000.

Suppose the total amounts invested on the 3 winning combinations are:

Winning Combinations | Net Pool |
---|---|

1st + 2nd: | £1,000 |

1st + 3rd: | £500 |

2nd + 3rd: | £8,000 |

Therefore the calculated dividends on the 3 winning combinations would be:

Winning Combinations | Calculated Dividend |
---|---|

1st + 2nd: | £4.00 |

1st + 3rd: | £8.00 |

2nd + 3rd: | £0.50 |

The calculated dividend for the combination ‘2nd + 3rd’ is less than 70p. Therefore money will be taken from the net pool on the remaining winning combinations in equal shares to ensure that the minimum calculated dividend on any winning combination is not less than 70p.

The net pool which must be allocated to the combination ‘2nd + 3rd’ to increase the calculated dividend to 70p is (£8,000 x 0.70) = £5,600. This means an additional (£5,600 – £4,000) = £1,600 will be taken from the net pool on the other 2 winning combinations in equal shares, i.e. £800 from each of those other 2 winning combinations. So the revised net pool allocated to each winning combination is now as follows:

Winning Combinations | Net Pool | Revised Net Pool |
---|---|---|

1st + 2nd: | £4,000 - £800 | £3,200 |

1st + 3rd: | £4,000 - £800 | £3,200 |

2nd + 3rd: | £4,000 + £1,600 | £5,600 |

The calculated dividend on each winning combination is now:

Winning Combinations | Revised Net Pool | Calculated Dividend |
---|---|---|

1st + 2nd: | £3,200 / £1,000 | £3.20 |

1st + 3rd: | £3,200 / £500 | £6.40 |

2nd + 3rd | £5,600 / £8,00 | £0.70 |

So the declared dividends will be:

Winning Combinations | Declared Dividneds |
---|---|

1st + 2nd: | £3.20 |

1st + 3rd | £6.40 |

2nd + 3rd | £1.02 |

### Example 9

Suppose once again we have a toteswinger pool where the net fund available for distribution after the deduction has been removed is £12,000.

Then the net pool initially allocated to each winning combination = (£12,000 / 3) = £4,000.

Suppose the total amounts invested on the 3 winning combinations are:

Winning Combinations | Net Pool |
---|---|

1st + 2nd: | £5,000 |

1st + 3rd: | £100 |

2nd + 3rd | £8,000 |

(Note: The total amount of winning units can be greater than the net pool due to the deduction.)

The calculated dividends on the 3 winning combinations would be:

Winning Combinations | Calculated Dividends |
---|---|

1st + 2nd: | £0.80 |

1st + 3rd: | £40.00 |

2nd + 3rd: | £0.50 |

The calculated dividend for the combination ‘2nd + 3rd’ is less than 70p. Therefore money will be taken from the net pool on the remaining winning combinations in equal shares to ensure that the minimum calculated dividend on any winning combination is not less than 70p.

The net pool which must be allocated to the combination ‘2nd + 3rd’ to increase the calculated dividend to 70p is (£8,000 x 0.70) = £5,600. This means an additional (£5,600 – £4,000) = £1,600 will be taken from the net pool on the other winning combinations in equal shares, i.e. £800 from each of those other 2 winning combinations. So the revised net pool allocated to each winning combination is now as follows:

Winning Combinations | Net Pool | Revised Net Pool |
---|---|---|

1st + 2nd: | £4,000 - £800 | £3,200 |

1st + 3rd | £4,000 - £800 | £3,200 |

2nd + 3rd | £4,000 + £1,600 | £5,600 |

The calculated dividend on each winning combination is now:

Winning Combinations | Revised Net Pool | Calculated Dividend |
---|---|---|

1st + 2nd | £3,200 / £5,000 | £0.64 |

1st + 3rd | £3,200 / £100 | £32.00 |

2nd + 3rd | £5,600 / £8,000 | £0.70 |

The calculated dividend for the combination ‘1st + 2nd’ has now fallen below 70p. Therefore money must be taken from the net pool on the other remaining winning combination, i.e. the combination ‘1st + 3rd’, to ensure that the minimum calculated dividend on any winning combination is not less than 70p.

The net pool which must be allocated to combination ‘1st + 2nd’ to increase the calculated dividend to 70p is (£5,000 x 0.70) = £3,500. This means an additional (£3,500 – £3,200) = £300 will be taken from the net pool on the combination ‘1st + 3rd’. So the revised net pool allocated to each winning combination is now as follows:

Winning Combinations | Revised Net Pool | |
---|---|---|

1st + 2nd: | £3,200 + £300 | £3,500 |

1st + 3rd | £3,200 - 300 | £2,900 |

2nd + 3rd: | £5,600 |

The calculated dividend on each winning combination is now:

Winning Combinations | Revised Net Pool | Calculated Dividend |
---|---|---|

1st + 2nd: | £3,500 / £5,000 | £0.70 |

1st + 3rd: | £2,900 / £100 | £29.00 |

2nd +3rd: | £5,600 / £8,000 | £0.70 |

So the declared dividends will be:

Winning Combinations | Declared Dividend |
---|---|

1st + 2nd: | £1.02 |

1st + 3rd: | £29.00 |

2nd + 3rd | £1.02 |

If a combination is part backed, i.e. there is less than £1 of tickets in the pool on a combination, then the net pool assigned to that combination is the calculated dividend. In accordance with the rules above, this is then rounded down to the next 10 pence to obtain the payable dividend to a £1 stake. The balance of the net pool assigned to that combination which has not been won will be carried forward to another race as decided by Tote. The deduction from any pool is only taken at the time the funds are won, so this is added back to the net rollover to be included within a subsequent pool.

### Example 10

Suppose we have a toteswinger pool where the net fund available for distribution after the deduction has been removed is £3,000.

Then the net pool allocated to each winning combination = (£3,000 / 3) = £1,000.

Suppose the total amounts invested on the 3 winning combinations are:

Winning Combinations | Total Amounts Invested |
---|---|

1st + 2nd: | £100.00 |

1st + 3rd: | £50.00 |

2nd + 3rd: | £0.60 |

The calculated dividends for the winning combinations ‘1st + 2nd’ and ‘1st + 3rd’ are £10.00 and £20.00 respectively.

As the combination ‘2nd + 3rd’ is part-backed, the net pool of £1,000 is the calculated dividend for that combination.

The total amount paid out on that combination is only (0.6 x £1,000) = £600, so the remaining £400 which has not been won will be carried forward to a subsequent toteswinger pool.

The deduction from any pool is only taken at the time the funds are won, so the 30% deduction is added back to the net funds carried forward. Therefore the gross carry-forward in this example is £400.00 / (1 – 30%) = £571.43.

If a combination is not backed, then the net pool assigned to that combination will be carried forward to another race as decided by Tote. The deduction from any pool is only taken at the time the funds are won, so this is added back to the net rollover to be included within a subsequent pool.

Note that any guarantee is disregarded for the purposes of carry-forwards.

### Favourite Investment

Bets on the un-named favourite are not accepted in the toteswinger pool.

### Non-Runners

Bets ‘stand’ on horses which do not compete after coming under starter’s orders. Bets are void on horses which become non-runners before coming under starter’s orders, and the stakes on such non-runners are refundable.

### Void/Abandoned Races/Meetings

If the race is void or abandoned and is not re-ran on the same day, the pool will be declared void and all stakes refunded, unless otherwise stated. This is irrespective of whether the race is re-scheduled for a later date or not.

### Reduced Field Size

If the number of runners in any race is reduced to 4 or 5, a dividend will only be paid in respect of the first and second placed horses in either order.

If the number of runners in any race falls below 4, the pool will be declared void and all stakes refunded.

### Multiple Selections, Bankers and Permutations

Bankers are permitted and are limited to one per bet. A banker toteswinger allows you to combine one horse you are confident will finish in the first three places with any number of other horses.

Permutations are accepted.

### Insufficient Finishers

If only 2 horses officially finish the race, a dividend will only be declared on the first and second in either order. If this combination has not been backed then the pool will be carried forward to another race as decided by Tote.

If only 1 horse officially finishes the race, a dividend will be declared on that horse with any other. This will be the only dividend declared. If that winning horse has not been included within any of the combinations backed, then the pool will be carried forward to another race as decided by Tote.

### Dead Heats

In the case of 6 or more runners:

Where 2 horses dead-heat for 1st place, the winning combinations will be any 2 of the first 3 finishers.

Where 3 horses dead-heat for 1st place, the winning combinations will be any 2 of the first 3 finishers.

Where 2 horses dead-heat for 2nd place, the winning combinations will be any 2 of the first 3 finishers.

Where 3 horses dead-heat for 2nd place, the winning combinations will be 1st with any one of the dead-heating runners; and any 2 of the 3 dead-heating runners.

Where 2 horses dead-heat for 3rd place, the winning combinations will be 1st and 2nd; 1st with either of the dead-heating runners; and 2nd with either of the dead-heating runners.

Where 3 horses dead-heat for 3rd place, the winning combinations will be 1st and 2nd; 1st with any one of the dead-heating runners; and 2nd with any one of the dead-heating runners.

Where 2 horses dead-heat for 1st place and 2 horses dead-heat for 3rd place, the winning combinations will be the two runners which dead-heated for first; and either runner which dead-heated for 1st with either runner which dead-heated for 3rd.

In the case of only 4 or 5 runners:

Where 2 horses dead-heat for 1st place, the winning combination will be those two runners.

Where 3 horses dead-heat for 1st place, the winning combinations will be any 2 of those 3 runners.

Where 2 or more horses dead-heat for 2nd place, the winning combinations will be 1st with any one of the dead-heating runners.

If there is a two-way dead-heat for 1st place, then there will still be only one dividend payable for selecting the first two finishers. If there is a dead-heat for 2nd place or a dead-heat involving 3 or more horses for 1st place, the dividend will be calculated by apportioning the net pool in equal parts for each winning combination.

Here is a comprehensive list showing the proportion of the net pool allocated to each winning combination of the toteswinger in the event of a dead-heat:

In the case of 6 or more runners:

Dead Heat | Winning Combinations | Proportion of net pool allocated |
---|---|---|

2 runners in 1st place | 1st(A) + 1st(B) | 1/3 |

1st(A) + 3rd | 1/3 | |

1st(B) + 3rd | 1/3 | |

3 runners in 1st place | 1st(A) + 1st(B) | 1/3 |

1st(A) + 1st(C) | 1/3 | |

1st(B) + 1st(C) | 1/3 | |

2 runners in 1st place, 2 runners in 3rd place | 1st(A) + 1st(B) | 1/3 |

1st(A) + 3rd(A) | 1/6 | |

1st(A) + 3rd(B) | 1/6 | |

1st(B) + 3rd(A) | 1/6 | |

1st(B) + 3rd(B) | 1/6 | |

2 runners in 1st place, 3 runners in 3rd place | 1st(A) + 1st(B) | 1/3 |

1st(A) + 3rd(A) | 1/9 | |

1st(A) + 3rd(B) | 1/9 | |

1st(A) + 3rd(C) | 1/9 | |

1st(B) + 3rd(A) | 1/9 | |

1st(B) + 3rd(B) | 1/9 | |

1st(B) + 3rd(C) | 1/9 | |

2 runners in 2nd place | 1st + 2nd(A) | 1/3 |

1st + 2nd(B) | 1/3 | |

2nd(A) + 2nd(B) | 1/3 | |

3 runners in 2nd place | 1st + 2nd(A) | 2/9 |

1st + 2nd(B) | 2/9 | |

1st + 2nd(C) | 2/9 | |

2nd(A) + 2nd(B) | 1/9 | |

2nd(B) + 2nd(C) | 1/9 | |

2nd(C) + 2nd(A) | 1/9 | |

2 runners in 3rd place | 1st + 2nd | 1/3 |

1st + 3rd(A) | 1/6 | |

1st + 3rd(B) | 1/6 | |

2nd + 3rd(A) | 1/6 | |

2nd + 3rd(B) | 1/6 | |

3 runners for 3rd place | 1st + 2nd | 1/3 |

1st + 3rd(A) | 1/9 | |

1st + 3rd(B) | 1/9 | |

1st + 3rd(C) | 1/9 | |

2nd + 3rd(A) | 1/9 | |

2nd + 3rd(B) | 1/9 | |

2nd + 3rd(C) | 1/9 |

In the case of only 4 or 5 runners:

Dead Heat | Winning Combinations | Proportion of net pool allocated |
---|---|---|

2 runners in 1st place | 1st(A) + 1st(B) | 1/1 |

3 runners in 1st place | 1st(A) + 1st(B) | 1/3 |

1st(A) + 1st(C) | 1/3 | |

1st(B) + 1st(C) | 1/3 | |

2 runners in 2nd place | 1st + 2nd(A) | 1/2 |

1st + 2nd( B) | 1/2 | |

3 runners in 2nd place | 1st + 2nd(A) | 1/3 |

1st + 2nd(B) | 1/3 | |

1st + 2nd(C) | 1/3 |

The part of the net pool allocated to each combination is then divided by the total stakes on that combination to obtain a calculated dividend. The calculated dividend is then determined in accordance with the calculation of dividends above.

Holders of winning tickets are then paid in proportion to their stakes.

If a combination involving dead-heating horses is not fully backed, i.e. there is less than £1 of tickets in the pool on that combination, then the net pool assigned to that combination is the calculated dividend. In accordance with the rules above, this is then rounded down to the next 10 pence to obtain the payable dividend to a £1 stake. The balance of the net pool assigned to that combination which has not been won will be carried forward to another race as decided by Tote. The deduction from any pool is only taken at the time the funds are won, so this is added back to the net rollover to be included within a subsequent pool.

If a combination involving dead-heating horses is not backed, the net pool assigned to that dead-heating combination which has not been won will be carried forward to another race as decided by Tote. The deduction from any pool is only taken at the time the funds are won, so this is added back to the net rollover to be included within a subsequent pool.

In the event of a dead-heat, if money within the toteswinger should be transferred between the winning combinations in order to increase a calculated dividend to a specific minimum threshold, then the funds transferred from any winning combination will be proportioned in the same ratio as the allocation of funds in the event of a dead heat as shown in the table above.

#### Example 11

Suppose we have a two-way dead heat for 3rd place in a race of 6 or more runners, where:

combination ‘1st + 3rd(A)’ is part-backed;

all other winning combinations are fully backed;

the balance of the net pool not won on the part-backed combination is £500.

The £500 needs to be re-distributed amongst the other winning combinations which have been fully backed.

From the table above, the proportion of the net pool allocated to each winning combination is:

Winning Combinations | Proportion of Net Pool Allocated |
---|---|

1st + 2nd | 1/3 |

1st + 3rd(A) | 1/6 |

1st + 3rd(B) | 1/6 |

2nd + 3rd(A) | 1/6 |

2nd + 3rd(B) | 1/6 |

So each of the three combinations involved a dead-heating horse which have been fully backed will be allocated half as much as the combination involving the first two horses, i.e. the £500 not won from the combination ‘1st + 3rd(A)’ will be allocated as follows:

1st + 2nd £200

1st + 3rd(B) £100

2nd + 3rd(A) £100

2nd + 3rd(B) £100

The minimum dividend payable on a toteswinger bet involving dead-heating horses will be 50 pence.

## TOTEEXACTA

### Aim of the Bet

To select the winner and the second horse in the correct order. It is Tote’s version of the computer straight forecast or CSF.

### Races On Which Pool Is Operated

The toteexacta pool is operated on all races of 3 or more runners unless otherwise stated.

### Placing Bets

Minimum permitted stakes and stake units apply. See the point of sale for details.

### Pool Deduction Rate

25% (The net pool is therefore 75% of the gross pool)

### Calculation Of Dividends

The total of the funds invested plus any funds brought forward form the gross pool. If the gross pool is guaranteed to a particular amount, then this amount forms the gross pool unless the total of the funds invested plus any funds brought forward is greater than the guarantee.

The net pool is divided by the total stakes on the winning toteexacta combination to obtain a calculated dividend. The calculated dividend is then rounded down to the next 10 pence to obtain the payable dividend declared to a £1 stake, with the following exceptions:

(i) If the calculated dividend is less than £1.10, the payable dividend will be £1.10.

(ii) Notwithstanding (i) above, in the case of a dead heat for either 1st or 2nd if the calculated dividend is 60p or below, the payable dividend will be 60p. (See rule on Dead Heats below.)

Holders of winning tickets are then paid in proportion to their stakes.

If the winning toteexacta combination is part-backed, i.e. there is less than £1 of winning tickets in the pool, then the net pool is the calculated dividend. In accordance with the rules above, this is then rounded down to the next 10 pence to obtain the payable dividend to a £1 stake. The balance of the gross pool which has not been won will be carried forward to another race as decided by Tote. The deduction from any pool is only taken at the time the funds are won, so this is added back to the net rollover to be included within a subsequent pool.

If the winning toteexacta combination is not backed, then the entire gross pool will be carried forward to another race as decided by Tote.

Note that any guarantee is disregarded for the purposes of carry-forwards.

### Favourite** Investment**

Bets on the un-named favourite are not accepted in the toteexacta pool.

**Non-Runners**

**Void/Abandoned Races/Meetings**

If the race is void or abandoned and is not re-run on the same day, the pool will be declared void and all stakes refunded, unless otherwise stated. This is irrespective of whether the race is re-scheduled for a later date or not.

**Reduced Field Size**

If the number of runners in any race falls below 3, the pool will be declared void and all stakes refunded.

**Multiple Selections, Bankers and Permutations**

Fixed bankers are permitted and are limited to one per bet. Some outlets also allow floating bankers, again limited to one per bet.

A fixed banker allows you to combine one horse you are confident will finish in first place with any number of other horses to fill second place.

A floating banker allows you to combine one horse you are confident will finish in either of the first two places with any number of other horses to fill the other place.

Reverse exactas (1st and 2nd in either order) and permutations (two from any number of horses to finish in the first two places) are accepted.

**Insufficient Finishers**

If only 1 horse officially finishes the race, the dividend will be declared on that horse with any other.

If the official result is that there are no finishers, the pool will be declared void and all stakes refunded.

**Dead Heats**

When two or more horses dead-heat for first or second place, the net pool will be divided into as many equal parts as there are winning combinations.

The proportion of the net pool allocated to each winning combination of the toteexacta in the event of a dead-heat is as follows:

Dead Heat | Winning Combinations | Proportion of Net Pool allocated |
---|---|---|

2 runners in 1st place | 1st(A) + 1st(B) | 1/2 |

1st(B) + 1st(A) | 1/2 | |

2 runners in 2nd place | 1st + 2nd(A) | 1/2 |

1st + 2nd(B) | 1/2 | |

3 runners in 1st place | 1st(A) + 1st(B) | 1/6 |

1st(A) + 1st(C) | 1/6 | |

1st(B) + 1st(A) | 1/6 | |

1st(B) + 1st(C) | 1/6 | |

1st(C) + 1st(A) | 1/6 | |

1st(C) + 1st(B) | 1/6 | |

3 runners in 2nd place | 1st + 2nd(A) | 1/3 |

1st + 2nd(B) | 1/3 | |

1st + 2nd(C) | 1/3 |

The part of the net pool allocated to each combination is then divided by the total stakes on that combination to obtain a calculated dividend. The calculated dividend is then determined in accordance with the calculation of dividends above.

Holders of winning tickets are then paid in proportion to their stakes.

If a combination involving dead-heating horses is not fully backed, i.e. there is less than £1 of tickets in the pool on that combination, then the net pool assigned to that combination is the calculated dividend. In accordance with the rules above, this is then rounded down to the next 10 pence to obtain the payable dividend to a £1 stake. The balance of the net pool assigned to that combination which has not been won will be carried forward to another race as decided by Tote. The deduction from any pool is only taken at the time the funds are won, so this is added back to the net rollover to be included within a subsequent pool.

### Example 12

Suppose we have a toteexacta pool where the net fund available for distribution after the deduction has been removed is £1,000 and there is a dead-heat for 2nd place between two horses, A and B with the following amounts invested on each winning exacta combination:

1st + 2nd(A) £100.00

1st + 2nd(B) £0.90

The net pool is divided into 2 equal parts, and £500 is allocated to each of the two winning combinations.

The £500 allocated to combination ‘1st + 2nd(A)’ is then divided by the £100 of stakes on that combination, so the calculated dividend for that combination is £5.00.

As combination ‘1st + 2nd(B)’ is part-backed, then the £500 allocated to that combination is the calculated dividend.

The total amount paid out on combination ‘1st + 2nd(B)’ is only (0.9 x £500) = £450, so the remaining £50 which has not been won will be carried forward to a subsequent toteexacta pool.

The deduction from any pool is only taken at the time the funds are won, so the 25% deduction is added back to the net funds carried forward. Therefore the gross carry-forward in this example is £50.00 / (1 – 25%) = £66.67.

If a combination involving dead-heating horses is not backed, the portion of the pool assigned to that dead-heating combination will be carried forward to another toteexacta pool. The deduction from any pool is only taken at the time the funds are won, so this is added back to the net rollover to be included within a subsequent pool.

The minimum dividend payable on a toteexacta involving dead-heating horses will be 60 pence.

## TOTETRIFECTA

### Aim of the Bet

To select the winner, the second and the third horse in the correct order. It is Tote’s version of the tricast bet.

### Races On Which Pool Is Operated

The totetrifecta pool is operated in all UK races with 3 or more declared runners unless otherwise stated.

### Placing Bets

Minimum permitted stakes and stake units apply. See the point of sale for details.

### Pool Deduction Rate

25% (The net pool is therefore 75% of the gross pool)

### Calculation Of Dividends

The net pool is divided by the total stakes on the winning totetrifecta combination to obtain a calculated dividend. The calculated dividend is then rounded down to the next 10 pence to obtain the payable dividend declared to a £1 stake, with the following exceptions:

(i) If the calculated dividend is less than £1.10, the payable dividend will be £1.10.

(ii) Notwithstanding (i) above, in the case of a dead heat for 1st, 2nd or 3rd if the calculated dividend is 60p or below, the payable dividend will be 60p. (See rule on Dead Heats below.)

Holders of winning tickets are then paid in proportion to their stakes.

If the winning totetrifecta combination is part backed, i.e. there is less than £1 of winning tickets in the pool, then the net pool is the calculated dividend. In accordance with the rules above, this is then rounded down to the next 10 pence to obtain the payable dividend to a £1 stake. The balance of the gross pool which has not been won will be carried forward to another race as decided by Totepool. The deduction from any pool is only taken at the time the funds are won, so this is added back to the net rollover to be included within a subsequent pool.

If the winning totetrifecta combination is not backed, then the entire gross pool will be carried forward to another race as decided by Tote.

Note that any guarantee is disregarded for the purposes of carry-forwards.

### Favourite Investment

Bets on the un-named favourite are not accepted in the totetrifecta pool.

### Non-Runners

### Void/Abandoned Races/Meetings

If the race is void or abandoned and is not re-ran on the same day, the pool will be declared void and all stakes refunded, unless otherwise stated. This is irrespective of whether the race is re-scheduled for a later date or not.

### Reduced Field Size

If the number of runners in any race falls below 3, the pool will be declared void and all stakes refunded.

### Multiple Selections, Bankers and Permutations

Fixed bankers are permitted, either one or two per bet. Some outlets also allow floating bankers, again either one or two per bet.

One fixed banker allows you to combine one horse you are confident will finish in first place with any number of other horses to fill the other two place(s). Two fixed bankers allow you to combine the horses you are confident will finish in first and second place with any number of other horses to fill third place.

Floating bankers allow you to combine either one or two horses you are confident will finish in any of the first three places with any number of other horses to fill the other place(s).

‘All-ways’ trifectas (1st, 2nd and 3rd in any order) and permutations (three from any number of horses to finish in the first three places) are accepted.

### Insufficient Finishers

If only 2 horses officially finish the race, the dividend will be declared on the first and second in the correct order, with any other runner for third.

If only 1 horse officially finishes the race, the dividend will be declared on that horse with any other runner for second and any other runner for third.

If the official result is that there are no finishers, the pool will be declared void and all stakes refunded.

### Dead Heats

When two or more horses dead-heat for first, second or third place, the net pool will be divided into as many equal parts as there are winning combinations.

The proportion of the net pool allocated to each winning combination of the totetrifecta in the event of a dead-heat is as follows:

Dead Heat | Winning Combinations | Proportion of net pool allocated |
---|---|---|

2 runners in 1st place | 1st(A) + 1st(B) +3rd | 1/2 |

1st(B) + 1st(A) +3rd | 1/2 | |

2 runners in 2nd place | 1st + 2nd(A) + 2nd(B) | 1/2 |

1st + 2nd(B) + 2nd(A) | 1/2 | |

2 runners in 3rd place | 1st + 2nd + 3rd(A) | 1/2 |

1st + 2nd + 3rd(B) | 1/2 | |

3 runners in 1st place | 1st(A) + 1st(B) + 1st(C) | 1/6 |

1st(A) + 1st(C) + 1st(B) | 1/6 | |

1st(B) + 1st(A) +1st(C) | 1/6 | |

1st(B) + 1st(C) + 1st(A) | 1/6 | |

1st(C) + 1st(A) + 1st(B) | 1/6 | |

1st(C) + 1st(B) + 1st(A) | 2/6 | |

3 runners in 2nd place | 1st + 2nd(A) + 2nd(B) | 1/6 |

1st + 2nd(A) + 2nd(C) | 1/6 | |

1st + 2nd(B) + 2nd(A) | 1/6 | |

1st + 2nd(B) + 2nd(C) | 1/6 |