Best Totes Betting Online in NZ
In New Zealand, online betting has become the easiest way for many punters to bet on the races. Whereas previously a punter would have to visit the track in order to bet on a particular horse, with online betting, anyone with a computer can place a bet on any race, anywhere in the world. If you are familiar with horse racing, you may have heard of totes betting. Here at onlinebetting.nz, punters can find the best online totes betting at all the top online betting sites both locally and internationally. In the notes below we are going to explore how tote betting works and how you can get started betting online.
Essentially tote betting is pool betting. Punters who regularly bet on horse racing or greyhound racing might know it as pari-mutuel betting. How tote betting works is that all the bets are placed in one large pool. Unlike fixed odds betting, the exact odds of pool bets are not known until the betting is closed and the pool money can be totalled. In New Zealand tote betting is usually associated with track racing and is easily understood when you learn the basics of pool betting. Finding the best online totes betting is as easy as logging onto a reputable New Zealand horse betting site and placing a tote bet.
With tote betting, there are a number of basic and exotic types of bets that punters can choose from. The best online totes betting are usually found with all forms of track racing including horse and greyhound racing. The following tote bets are the most commonly found at all online betting sites.
- 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.
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If you are keen to get started with tote betting, you can find a complete list of New Zealand’s biggest and best online betting sites right here. Find the best online totes betting and place your bets online the easy way with online betting in New Zealand.