AIM OF THE BET
To select the winning horse in each of six races across one or more meetings as nominated by Tote. One totejackpot pool will operate each day, unless otherwise stated.
POOL DEDUCTION RATE
UK Tote pools 29% (The net pool is therefore 71% of the gross pool) and Tote Ireland pools 30% (The net pool is therefore 70% of the gross pool).
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 winning stakes 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. In any event, the minimum totewin dividend will be £1.10.
Holders of winning tickets are then paid in proportion to their stakes.
If the pool is not fully won, 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 the next totejackpot 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 the next totejackpot pool.
If there are no winning tickets in the pool, then the entire gross pool will be carried forward to the next totejackpot pool.
Note that any guarantee is disregarded for the purposes of carryforwards.
WALKOVERS/VOID/ABANDONED RACES/MEETINGS
If any leg of the totejackpot is a walkover, or is void, or is abandoned, or there is no official result declared for any reason, and is not reran on the same day, then the pool will be settled on the remaining legs, i.e. every selection in that leg is deemed to have been successful, provided at least one leg of the bet takes place.
If none of the legs of the totejackpot take place, the pool will be declared void and all stakes refunded.
Provided at least one leg takes place, a dividend will be declared, subject to Tote rules.
MULTIPLE SELECTIONS, BANKERS & PERMUTATIONS
Permutations are permitted. To calculate the number of permutations, customers should multiply together the number of selections in each leg.
INSUFFICIENT FINISHERS
If in any leg the official result is that there are no finishers, the pool will be settled on the remaining legs, i.e. every selection is deemed to have been successful.
DEAD HEATS
Dead heats for first place count as equal winners in the totejackpot pool.
