What name is given to the French version of the Tote betting system?
Tote betting Tote betting The Tote is a bookmaker in Britain which offers parimutuel betting on British horse racing in Britain. Until July 2018 the Tote was the only bookmaker in Britain allowed to offer parimutuel betting on horse racing, although as of July 13th 2018 the existing monopoly protection the Tote ceased, and a number of other tote or parimutuel suppliers entered the British market. Other bookmakers offer a Tote service through syndication, while other bookmakers will accept a Tote bet and pay out on exactly the same terms as the Tote. The pooled bets offered by The UK Tote are:
The Tote The first major race meetings with tote betting were the flat race meetings at Newmarket (July Course) and Carlisle on 2 July 1929. Under the Betting Levy Act 1961 the board was reconstituted as the Horserace Totalisator Board ("the Tote"), with responsibility for the redistribution of funds to racing transferred to the Horserace Betting Levy Board. The Tote opened its first high street betting shop in 1972, and has since grown to employ more than 4,000 staff. Tote Direct was set up in 1992 to channel tote bets from other high street bookmakers into tote pools. Now tote betting is