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The people in charge of the Tote are always complaining that not enough people bet with them, it could be because the Tote returns are often so bad. A good example is the race won at Sandown tonight by Gloomy Sunday at 20/1 yet the Tore return for the winner was only 11.5/1!
I’m no expert at betting or the calculation of Tote returns and this is only one example, but I’m never going to bet with the Tote at such bad odds.
1st race at Hamilton Thursday, winning odds 12/1 and a Tote payout of over £24. but as you say this is only 1 example!
There don’t appear to have many other big differences today, though short-priced winners mostly gave worse returns on the Tote, especially in small fields.
I ignore the Tote, not because it pays less but because I want to know the "value" by seeing the odds.
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