As we head towards the end of the flat season, we’re all looking forward to British Champions Day at Ascot on Saturday October 17th.
To provide punters with the best value at the season finale The Tote is once again teaming up with betting jurisdictions from around the world to ensure Tote Superpools are available, with bettors from a number of countries spread over the globe set to shape the markets for each of the six races.
What are Tote Superpools?
Like we do in the UK, many other countries operate a Tote betting system, where money is bet into a pool and those who back the winner take their share.
Our Superpools allow bettors from all over the globe to bet into a single pool, bringing them together into one multi-million pound betting bonanza.
Racing fans from countries such as Hong Kong, Australia, France and the USA will effectively be betting into the same pools as the UK audience for each race.
How much money is bet into the Tote Superpools?
The last time ‘World Pools’ were available on British racing came at the 2020 Royal Ascot meeting, where over £137 million was bet on the 36 races across a fabulous five days of racing.
The liquidity in the markets through the week was phenomenal, showing a 49% increase on the volume of money bet into the Royal Ascot pools from 12 months before.
As well as the straight Win and Place markets, Superpools will be in operation for a number of Exotic bets such as the Tote Swinger and Quinella, which were involved last year, plus new additions the Exacta and Trifecta.
Some of these bet types are extremely popular in other racing nations, even more so than the Win market. For example, last year at Royal Ascot, there was nearly £2 million more bet into the Quinella pools than the Win pools across the meeting.
What does that mean for bettors?
By having a number of different countries betting into the same overall pool means racing fans can pit their wits against bettors from all around the globe. More importantly though, it means that there will be more liquidity in the markets, with better value as a consequence.
With more individuals betting into the pool it means that big stakes bettors will have less of an impact on the dividend for those smaller stakes customers, providing a more robust market.
Take the Royal Ascot meeting for example, a £1 win stake on every winner across the meeting would have returned 9% more to punters who bet with the Tote than at SP.
Plus, there was better value in the exotic markets with the pools, with the Trifecta and Exacta beating their Tricast and Straight Forecast equivalent in 72% and 75% of the Ascot races respectively.
Despite the current Coronavirus pandemic causing travel issues British Champions Day is an international event, with a number of overseas raiders set to take their chance in Berkshire. It’s possible that the opinions from bettors in the UK will vary to those from France or America, where the likeliest overseas runners will come from.
UK runners could be underestimated by the international pools, or the raiders could be looked over by the UK Tote customers. This difference of opinion could ensure a bigger price that one might be expecting about certain horses on the day.
How can I watch British Champions Day?
You can watch every race on British Champions Day live at Tote.co.uk by simply logging into your account having previously made a deposit.