Tote and sports betting: the differences between them
It has long been no secret that sports betting is an opportunity for additional income. Yes, there are many people who actively criticize betting. Be that as it may, bookmakers and sweepstakes are becoming more and more popular.
As it often happens, a player taking their first steps in the world of betting may not know commonplace things. For example, what is the difference between a tote and a bookmaker? This material will answer the question.
What is a tote?
Not everyone knows, but at first a tote appeared, and after it offices began to appear. It is known that the first bets were taken in ancient Rome. Rich people were allowed to do this. They bet on horse races or gladiatorial fights.
Today, the sweepstakes can work online or offline. The point is that a specific amount is played, which is put on the result of the selected event. There are a number of participants who form a pool of money before the start of the event. After the end of the game, the pool is divided among the winners. Players whose bet did not "enter" do not earn anything, even if their contribution to the pool was the largest.
There are a number of recommendations that you should use in a sweepstakes to increase your chances of winning:
- You should bet on several events at once.
- If you are ready for additional costs, you can make several lines. This is necessary for reinsurance.
- One of the main features of TOTO is that there are no specific odds per event.
Features of bookmakers
The better is invited to bet on a specific event. The coefficient for it is determined in advance. There is a coefficient for each outcome of the game. It can change depending on different circumstances.
When playing in a bookmaker's office, a person has the opportunity to calculate in advance what his winnings will be if the bet is passed. To do this, you just need to multiply the bet amount by the coefficient. The better the bookmaker, the wider the line, respectively, the more options for betting.
In addition, you can place live bets at the office. What they are is a topic for a separate article. However, it should be noted that with the help of live bets the chances of winning are significantly increased.
Interesting to know.
In the United States, bookmakers and sweepstakes are banned in almost all states. The only exceptions are Nevada, Indian reservations and New Jersey. At the same time, according to statistics, American bettors spend about $ 360 billion on bets.
Both the bookmaker and the sweepstakes give you the opportunity to win serious money. The difference is that in the offices you can calculate the profit in advance. In TOTO, this is impossible, since the likely amount depends on a number of factors: the number of players and the amount of the pool.
Tote and bookmakers will allow you to choose different types of bets. But the bookmakers have a much wider list of possible options. It is noteworthy that it is in bookmaking that you can earn much more on such options as "who will take more corners" or "which team will be sent off" than on "W1" or "W2".
If a person has a desire to test his luck in sports betting, then it is worth resorting to the services of a tote. If there is a desire to conduct a qualitative analysis of a specific event, and place bets on not quite standard outcomes, then a bookmaker will be the best choice.
In any case, in order to understand what a player likes best, he should try himself both in TOTO and in a bookmaker's office. After that, you can draw the appropriate conclusions.