Tote Ireland

Tote Ireland Limited is a wholly owned subsidiary of Horse Racing Ireland, with responsibility for the operation of a Totalisator on the 25 racecourses including Down Royal and Downpatrick. Tote Ireland is at the heart of Irish Horseracing, providing a wide variety of betting options for all race goers. All profits made by Tote Ireland are used by Horse Racing Ireland for the funding of Irish Horseracing. 'Tote' is short for Totalisator and Tote Ireland Betting is pool betting based on the Paris Mutual or "betting among ourselves" betting model common throughout the world. It works like this: all the stakes on a race are pooled; a deduction is made to cover costs and our contribution to racing. The remainder of the pool is divided by the number of winning units to give a decimal dividend.

In other words, Tote customers bet into a common pool, betting against one another, whereas in bookmaking, they bet against the bookmaker. Tote odds may fluctuate according to the pattern of betting and the amount of money staked on each horse. Betting ceases at the "off" of each race.

Tote Ireland operates the following pools:

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