TRIFECTA BETTING UK RACING COMMINGLED POOLS...DAYLIGHT ROBBERY AGAIN?

With the growing interest in overseas racing by local punters, there needs to be transparency in how the pools are constituted and how winnings are declared including carryovers for pools not won.

With UK rules applying to Trifecta bets it's interesting to see that FRACTIONAL BETTING is available to UK punters and the cost of a straight line TRIFECTA IS 1 PENCE WITHA MINIMUM OUTLAY OF 50 PENCE.

What it effectively means is a punter in the UK can take a straight line trifecta 50 times for 50 pence and he will receive 50% of the TRIFECTA DIVIDEND IN POUNDS.
So if the dividend was GBP 10 he will receive 50 % of GBP 500 which equates to GBP 250

Now the local punter is restricted to a 1 Rand unit with a minimum bet of R6 to play the commingled no fraction TRIFECTA. 
At the exchange rate of R24 to a GBP he will need to outlay R12 to level the 50 p outlay of the UK punter.

The local punter will win the TRIFECTA 12 times for a payout of R 120 [ 520 PENCE OR GBP 5 ]. Yet his outlay of R12 is equivalent to 50 p.

What it boils down to is local punters are making up over 50% OF THE POOLS YET WINNING VERY SMALL DIVIDENDS IN RETURN.
IN THE EVENT OF CARRYOVERS, REDUCED LIMITS COME INTO PLAY AND A LOCAL PUNTER CANNOT WIN THE POOL OR EVEN 50% OF THE POOL, WITH PROTECTION FOR THE OPEN BET THE ONLY LOGICAL EXPLANATION.

SEE THE RULES REGARDING DIVIDENDS IN THE EVENT OF POOLS NOT WON.
Trifecta Guide - Tote
Betting Terms and Rules | Tote

 

Tote


Trifecta Guide
Team Tote
Updated 2 years Ago

What is a Trifecta?
The premise of a Tote Trifecta is to back the three horses that finish first, second and third in the race of your choice.
When placing a Tote Trifecta bet, there are three ways to bet.
Big dividend payouts are commonplace when you back the first three horses home in any race.

Winning a Tote Trifecta bet
Straight Trifecta
This is the most simple way, and the one that will generally see you return more on your initial stake. For this bet to you win, you pick three horses to come first, second and third in that order. If you they do, you win a share of the money in the Tote Trifecta pool.

Combination Trifecta
Think you know which trio of runners will come home ahead of the pack, but are unsure of the exact order they’ll finish? A combination trifecta is the bet for you in this case. With this bet you will include the six possible order permutations with your selections finishing in the first three.

You need to remember that by placing a Tote Trifecta of this kind, you are essentially having multiple bets, so your line stake will be multiplied by the number of permutations you are backing.

A Combination Trifecta doesn’t have to be restricted to three selections either. Select as many horses as you like to make up your bet. Once again, because you are multiplying your potential winning lines, you are also multiplying your stake.

For example, choosing four horses in your Combination Trifecta would mean your bet would include 24 bets.

We've reduced the minimum stake for the Trifecta to just 1p per line with a total minimum stake of 50p. This means those big combinations are
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Banker Trifecta
Think you’ve found the winner of the race, but can’t decide on which horses will follow it home? Then a "Banker" style Trifecta may be the bet for you.

With this type of Trifecta bet, you lock in the horse to finish first, but cover the permutations of any other number of horses to finish second by selecting "Any Order" for the other two horses.

In effect this type of bet sits somewhere in between both the risk stakes, and bet costs, of a Straight Trifecta and Combination Trifecta.



Tote Trifecta
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 Tote Trifecta 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.

Minimum unit stake via Tote.co.uk is 1p. Minimum total stake via Tote.co.uk is 50p. Permutation bets in units of 1p are accepted via Tote.co.uk.

Pool deduction rate
25% (The net pool is therefore 75% of the gross pool) on races governed by the
British Horseracing Authority. 30% (The net pool is therefore 70% of the gross pool) on races governed by the Horse Racing Ireland.

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 Tote Trifecta 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 Tote Trifecta 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 Tote Trifecta 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
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 3, the pool will be declared void and all stakes refunded.

Multiples 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 Tote Trifecta in the event of a dead-heat is as follows:

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

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

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

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

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

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

2 runners in 1st place, 2 runners in 3rd place 1st(A) + 1st( + 3rd(A) 1/4 1st(A) + 1st( + 3rd( 1/4 1st( + 1st(A) + 3rd(A) 1/4 1st( + 1st(A) + 3rd( 1/4

2 runners in 1st place, 3 runners in 3rd place 1st(A) + 1st( + 3rd(A) 1/6 1st(A) + 1st( + 3rd( 1/6 1st(A) + 1st( + 3rd(C) 1/6 1st( + 1st(A) + 3rd(A) 1/6 1st( + 1st(A) + 3rd( 1/6 1st( + 1st(A) + 3rd(C) 1/6

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 14: Suppose we have a Tote Trifecta pool where the net fund available for distribution after the deduction has been removed is £1,000 and there is a deadheat for 1st place between two horses, A and B with the following amounts invested on each winning trifecta combination:

1st(A) + 2nd + 3rd £100.00

1st( + 2nd + 3rd £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(A) + 2nd + 3rd' 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 + 3rd' is part-backed, then the £500 allocated to that combination is the calculated dividend.

The total amount paid out on combination '1st( + 2nd + 3rd' is only (0.9 x £500) = £450, so the remaining £50 which has not been won will be carried forward to a subsequent Tote Trifecta 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 Tote Trifecta 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 Tote Trifecta involving dead-heating horses will be 60 pence.

BANGOR RACE 3.. 07/02/2025.

TRIFECTA PAYS OUT R2700-
CARRYOVER AMOUNT OF R 58,000-

UK punter can bet FRACTIONAL at 1 pence (0-24c) a line up to 50 pence (R 12--) and can win 50% of the POOl, in this case R29, 000--, but is unable to win because they are NOT BIG ON PLAYING EXOTICS. 

SA punter on the TOTE plays R12 (which is equivalent to the 50 pence min UK bet) yet only wins R5, 400 - -., the dividend for a FULL BET ( R6 MIN) taken twice. 

THE OPEN BET GIVES OPTIONS FOR FRACTIONAL BETS BUT THE WINNINGS ARE GOVERNED TO CREATE SMALL DIVIDENDS EVEN THOUGH SA RANDS CAN MAKE UP THE MAJORITY OF THE POOL. 

UNACCEPTABLE.
TOTALLY. 
Bring back the standalone pools for SA punters if TAB values their patronage. 
Stop protecting the OPEN BET. 

or abandon the TOTE

Are there not bookmakers that take CSF and Tricast bets? the UK bookmaker dividends are posted on the same result page on the Racing Post as the TOTE Dividends.. They are computer generated using a formula...