For many punters in New Zealand, online betting has become the most convenient way to wager on horse races. Previously, a punter would have to travel to the racetrack to wager on a specific horse, but now, anyone with access to a computer may bet on any race, anywhere in the globe. You may have heard of totes betting if you are familiar with horse racing. Punters can get the greatest online totes betting at all of the leading online betting companies both locally and abroad at ibebet.com/nz/. We’ll look at how to tote betting works and how to get started betting online in the notes below.
Tote betting is essentially pool betting. Pari-mutuel betting is a term used by people who wager on horse races or greyhound races on a regular basis. Tote betting works by pooling all bets into a single huge pool. Unlike fixed-odds betting, the exact odds of pool bets are unknown until the betting is completed and the pool money totaled. Tote betting is commonly connected with track racing in New Zealand, and it is simple to understand once you understand the basics of pool betting. Logging onto a trustworthy New Zealand horse betting site and putting a tote bet is all it takes to find the greatest online totes betting.
Punters can choose from a variety of basic and unique forms of bets while tote betting. All types of track racing, including horse and greyhound racing, usually have the finest online totes betting. The tote bets listed below are the most popular on all online betting platforms.
A bet on which horse will win a particular race is known as a first-place bet. For all new tote bettors, this is a good bet.
- First Place bet – This is a bet on which horse will win a particular race. This is a good bet for all novice tote bettors.
- Any Placing Bet – If a punter is not confident enough to place a winning bet, they can bet on whether a horse will place in any of the top three positions.
- Each Way – This bet is a combination of the first two. So in this bet punters can bet on a specific horse to win and at the same time bet that it will place in the top three.
- Quinella – This is where a punter must pick two horses that will be placed in first and second position. In this bet, it doesn’t matter which horse places first or second.
- Exacta – This is a tote bet where punters must accurately predict the first and second position of two horses in one race in the order they cross the line.
- Trifecta – Considered to be one of the best online totes betting in horse racing, a trifecta is where a punter accurately predicts the finishing order of the first three horses in the race.
Getting Started
You can find a complete list of New Zealand’s biggest and best online betting sites right here if you’re interested in getting started with tote betting. With online betting in New Zealand, you can choose the top online totes betting and put your bets the easy way.
