A sweepstakes is a special type of bet made between a player and a bookmaker based on certain coefficients and a deposit. Bets are accepted in person (at the box office) or online (via the Internet). Today they can be made for almost any sporting event.
Why bets are interesting
The betting book is a pre-selected list of matches, the results or outcomes of which the player should guess. Only in this case the bet will win, and the deposit will be replenished by a specific amount (depending on the total ratio).
Today it is not necessary to guess a specific score of a game in a sweepstakes, as in betting shops there are very large lines for bets. Thus, it is possible to choose the most profitable and most likely outcome of the match, for example, “in the first half there will be less than 2 goals”, “the away team will be defeated in only 1 goal”, etc.
The plus is that a sports tote provides a large number of events, therefore, the likelihood of a "raise" of the bet increases. However, do not think that guessing the outcomes is a simple matter. In reality, a sweepstake cannot be a constant source of income, as it won’t always win. Bookmakers are well acquainted with these statistics, so they always win. In addition, they charge interest on each bet, so the risk of bankruptcy is minimal.
History of the tote
Initially, the game was amateur in nature. Familiar people bet among themselves, then intermediaries began to appear. Soon the number of interested parties increased, and especially initiative people decided to take control of the profitable business. One of the advantages of the appearance of bookmakers was that now the player in case of winning the bet received the entire amount immediately, without delay and with a preliminary guarantee.
The first full-fledged tote bets began to be accepted only in 1874. In 1876, sports sweepstakes in Western Europe were banned. Representatives of betting agencies were harassed by international police. When they were caught, they not only took all their property, but also put them in prison for many years.
Nevertheless, interest in the game continued to grow every day. However, underground tote bets are now flourishing. And only since 1888 in France officially allowed betting, but it was supposed to function only under license and on the territory of hippodromes.
Over time, the game became popular around the world. In Russia, she appeared closer to the middle of the 1890s.
Rules: General
1. The organizer may accept bets on any types of events that are permitted in the corresponding license.
2. Tote rules are published on a special stand in a prominent place. All changes must be displayed in a timely manner.
3. After accepting the bet, the person in charge of the bookmaker must be provided with an appropriate coupon to support the transaction on both sides. It indicates the selected events, calculates the coefficient and indicates the possible amount of winnings.
4. The full program of possible outcomes of matches should be published on the stand or on the official website of the office. Updates are made as the coefficients change for the corresponding events.
5. Bets on accepted outcomes must be kept in the archive for at least 1 month from the moment of betting.
6.
The coefficients of the totalizator-office must be established in accordance with the internal regulation of counting. All changes must be immediately notified to users.
7. The organizer has the right at any time to refuse a player to accept bets without giving reasons before making a bet.
8. In the event of evidence of violation of the canons of wrestling (contractual matches) or incorrect results, the receiving party may cancel the transaction without a refund.
Rules: Bid Types
Today, there are three popular transaction types: ordinary, express and system. The first view is a bet on one specific event. In case of mismatch to the player, the defeat is counted. The second type is a collection of ordinaries. In this case, all event coefficients are multiplied. A bet is considered to be won if all outcomes in it coincide.
A separate view is the system. Here the bet is sorted into individual expresses, so the player may not lose the entire amount at once. If all events coincide, the money is multiplied by the total coefficient. If one express part won, then the user receives the amount only for it. This is a very convenient type of bet, since the probability of a complete loss of money is much less than that of the rest.
Football tote often gives great odds on the exact outcomes (win, draw, defeat). Their level is set based on the analysis of the probability of certain events. High odds always signal a high risk of losing. On the other hand, they significantly increase the total amount of the deposit.
It is worth noting that sports event sweepstakes do not have the right to artificially reduce odds in group bets (express and system). Some bookmakers intentionally underestimate these figures. The result is a common ratio that is beneficial to them.
You cannot change the bet made to another type after the betting.
Outcome variations
The most popular final events of matches are the victory of one of the parties or a draw. Winning a home team is designated “P1”, a guest team “P2”. Drawn outcome - “X”.
There are a lot of variations of the final events of the confrontation, but their designation remains unchanged. All outcomes regarding the home side are “1”, the guest side is “2”. Example: a match will end with the victory of one of the teams - “12”.
Intermediate events can also be very different: from the number of corner kicks in one of the halves to the probability of injury by a specific player in a certain period of time.
The rules of the sweepstake include another type of outcome - handicap. If the event is guessed, then the coefficient is taken into account in the calculation, if not, it is either equal to 1, or the entire bet is considered lost.
A separate type of outcome is the total.
This is a quantitative
rate bet . Example: “less than 3 goals will be scored in a match” or “in the second half, the referee will give more than 1 red card”.
One of the most profitable from the point of view of the coefficient type of outcome is betting on an accurate account.
Deposit and win thresholds
In betting shops, the limits of initial bets may be different, but in recent years they have more or less equalized. So, the minimum amount for concluding a deal is an ordinary order of $ 3, and for an express - $ 0.5. As for the system, the deposit of one of its parts should be from $ 0.1.
In turn, sports event sweepstakes have the right not to accept bets for an amount exceeding the threshold of $ 1330. The biggest win may be no more than $ 13,300. With regards to the maximum coefficient, it should vary up to 1000 points. If it exceeds this level, then payment is made at the highest threshold - 1000.
In online mode, the bet amount cannot exceed the player’s deposit.
Game outcomes and contentious situations
The results of the totalizator must be 100% consistent with the actual results of the confrontations. Match scores, authors and time of goals scored and other statistics are taken by betting organizers from official sources: websites of professional federations of regional sports and international associations.
The rules of the sweepstakes provide for the possibility of canceling the outcome of the meeting some time after its completion and the conclusion of the corresponding protocol. In this case, bookmakers are required to consider only the initial outcome.
If the match was not finished or postponed for an indefinite period, then its coefficient is equal to 1.
Sports Features
A football tote can accept bets on regular time and a separate time. Minutes added by the referee count. The second yellow card is equated to the player with the “delete” event. In the MLS league, possible overtime is added to the main time.
In hockey, bets may be accepted for certain periods. However, most of the time is taken into account.
In basketball, curling, American football and volleyball, bets are accepted taking into account overtime.
In tennis, the total and the handicap for each of the games are separately indicated. In doubles when replacing one of the participants in the tandem, the set coefficient is equal to 1.
In sports betting, you can indicate both the winner of the circle or the entire race, and the leader of the overall rating.
In table tennis and badminton, total and handicap are indicated with glasses.
Win calculation
The rules of the tote, in addition to determining the coefficients and concluding a bet, should also include a procedure for paying bets in which all outcomes coincided.
After the end of all coupon matches, the bookmaker must not later than 90 minutes pay off the debt to the player. The calculation of the amount is carried out according to the formula: "deposit" multiply "by the total coefficient". Example: $ 5 is at stake. The total ratio is 5.2 points. Therefore, in the end, the gain will be: 5 x 5.2 = $ 26.
The calculation of the ordinar is also performed according to the above formula.
The odds of the postponed and interrupted matches are actually taken into account, but they will be equal to 1. The replayed meeting will not be taken into account in the calculation.
Useful Tips
Do not pay attention to too large ratios. Tote offices often overestimate them for events whose probability is minimal.
Before making a bet, you should analyze the detailed statistics of your opponents: the history of their confrontations, physical fitness, motivation, recent results, positions in the overall ranking, etc.
It is not recommended to specify too many positions on the express train, even if they are very likely.