ToteIreland Review: The Little Known ‘Best Value’ Haven

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ToteIreland Review: best value around

ToteIreland Review: best value around

ToteIreland Review

It is quite rare for a bookmaker to consistently offer value bets almost every week. Indeed, not since the advent of Betfair – which was until recently not a bookmaker – have I known such a pocket of value on such a frequent basis as there is now with ToteIreland.

So why would a pool betting company offer better value than the bookmakers or, for that matter, the exchanges? Well, there are a number of reasons that I believe they are an excellent addition to your betting portfolio. Here are the main ones:

Price match guarantee

If you place a win bet with ToteIreland, and your selection comes first, you’ll get the prevailing tote win dividend paid to you. However, if the industry starting price is higher, you also get reimbursed the difference. So you’ll never endure that enormous irritation when you see what you believe to be a great price on the tote board only to cringe at the returned dividend which is below SP.

I’ve actually stopped betting on the UK tote as a result of this. But in Ireland (and they extend the offer to some major UK races), I’ll happily bet on the tote knowing that I can do no worse than SP. This price match applies to win bets and the win part of each way bets of between €20 and €100, so it’s a pretty good safety net. [A euro is roughly 80p just now].

Juicy rollovers

The thing about some of the ToteIreland pools is that they’re not actually that big. In some ways, it’s like going back to the good old days of ‘pool scooping’ – when it was possible to be the only winning ticket holder and claim the entire net pool as your dividend.

This actually happens often enough in Ireland on the jackpot and Pick 6. But I’ll come on to them in a moment.

As with rollovers everywhere, they are basically ‘free money’. If you don’t know, here’s how they work. Say that yesterday the Pick 6 – a six leg bet where you have to find the winners of six races, like the UK jackpot – pool was €18,000 and nobody correctly selected all six winners. Now, that €18,000 is rolled over in to the next day’s Pick 6 pool.

That means that before a red cent is wagered in the next day’s Pick 6, there’s already €18,000 waiting to be won. Nice, eh? The key is that the rollovers lead to massive value. Let me give you an example. Here’s a bet I struck on 5th April this year, less than two weeks ago.

140405_GP_Jackpot2

As you can see, I returned €351.40 for a €6 bet. This bet was in the jackpot pool, an bet requiring players to pick four consecutive winners. Not even nearly as difficult as picking six winners, and especially not when I tell you the odds of the winners.

The first leg was won by the 3/1 second favourite. The second leg was won by the 15/8 favourite. The third leg was won by the 5/4 favourite. And the final leg was won by the 13/8 favourite!

140405_GP_Jackpot3

The cumulative starting price odds on those four winners amounted to 67/1. The tote return for that bet was 350/1 !!!

Why? Because there was a chunk of rolled over funds going into the pool and, on this day, focus was elsewhere on the Grand National.

There are rollovers in Irish racing almost every week and, unlike the impossible Scoop 6 and UK jackpot, these bets are extremely winnable.

Guaranteed pool sizes

ToteIreland guarantees all of its multi-race pools to be at least a minimum prize fund. The difference between UK and Ireland is that often, the actual money wagered into the Irish pool does not meet the guarantee amount.

Why is this good? Again, it’s free money. In this case, the Irish tote are making up the difference between the amount bet and minimum pool size guarantee. What that means is that there are less people to compete with for more cash.

It is often the case that the Pick 6 – where you have to pick six winners, oddly! – has about €6,000 of ‘real’ money in the pool, but the guarantee is €25,000!! And, for the bigger meetings, the guarantees are higher.

For instance, this weekend at Fairyhouse, both Sunday’s and Monday’s Pick 6 pools are guaranteed to be a minimum of €50,000.

And, unlike the UK version (called the jackpot, confusingly), there is unlikely to be six impossible races to fathom. In fact, on the Sunday last year, there were three favourites and a 4/1 shot in the sequence of six, with the other two being 10/1 and 12/1 shots. Far from impossible. The Pick 6 was not won!

These are bets I play all the time: the jackpot at least once a week on average, and the Pick 6 more selectively, i.e. when I’m happy with a couple of bankers and the pool has rolled over a few times.

I’ll be keeping a close eye on Sunday at Fairyhouse, and I suggest you do too.

The four leg jackpot

I’ve mentioned it throughout this post, and I make no apology for giving it its own section. This is, in my opinion, the single greatest wager available right now. Why? Because it’s a highly gettable bet which usually pays out disproportionately high dividends, and it can be approached using a clever perm structure to optimize staking. I regularly cash winning jackpot tickets. And I’d love it if some of you were doing the same!

Here’s another winner, more recently than the example above:

140410_Lim_JPT

And a slightly older one (like, about a month ago). This was a nice one :-)

140316_Navan_Jackpot2

Do you know what was amazing about this one? As you can see (if you squint closely), I played a banker in the first race. Brave? Not really, as it was a 2/5 shot! The second leg was won by a 5/1 chance. Leg three went to a 7/1 co-favourite. And the final leg was taken by the 9/4 favourite…

So you see, I’m not being hugely clever here. In fact, let’s be honest, the only cleverness involved is knowing where to go to find value.

I’ve got loads of screenshots like these, and I have losers as well – duh – but I’m thousands in front since starting to play this brilliant four leg bet a couple of years ago.

Sunday is Super Trifecta day

Each Sunday, race six at one of the Irish meetings is the Super Trifecta race. I’m not completely sure how the pool gets created, but there’s something about half of ‘not won’ trifecta pools during the week get thrown into the Super Trifecta pot on Sunday. Anyway, be that as it may, here’s what you need to know about this one.

There’s almost always carried forward funds. This Sunday, 20th April, for example has €3,523.23 rolled into it before a cent is wagered on the day. And the race looks like being the 5.10 Fairyhouse, a novice chase with a maximum of eleven runners. Put another way, it’s an extremely gettable trifecta, most likely.

And, with the bonus funds, it’ll probably pay more than it should.

But here’s the kicker. Those shrewdies at the Irish Tote have reduced the minimum stake to 10c (or 8p, if you prefer). So you can perm a few up in there to give yourself a better chance of catching at least a slice of it. In fact, as an extreme example, you could actually do the field to beat the field to beat the field for €99 here, assuming all eleven ran and you staked an even ten cents on every combination.

You’d be unlikely to get your stake back as it’s unlikely to be a massive dividend. But it’s highly likely to pay more than it should.

Value. Do you get it yet?!

Tote Win and Exacta Bets

The ToteIreland win dividend out-pays the starting price by an average of 24% – no wonder they’re happy to offer the price match guarantee!

And the ToteIreland exacta (first two in the correct order) dividend out-pays the computer straight forecast by an average of a whopping 75% !!

Value. Getting more for your money.

All profits go back into Irish racing

Irish racing, like it’s British counterpart, has struggled with funding issues and with racecourses and bookmakers taking out a lot more from the sport than they put in. Here in UK, even totepool is now owned by a bookmaker.

But in Ireland, their tote is still owned by Horse Racing Ireland, and the proceeds from betting on the tote are re-invested back into Irish racing. Which is nice.

Watch races LIVE in FULL SCREEN

You’ve had a bet with your bookie, and the race is off, and you’re watching it on your computer. There are sixteen runners in the race, and they’re tightly grouped…

…and you’re watching the bloody thing in a two inch by three inch box trying to discern which microscopic cluster of pixels represents your investment.

Well, no more, my friend. No. More.

When I bet on Tote Ireland – minimum stake €1 – I watch my race in FULL SCREEN. No squinting. No irritaton. Full screen.

Have a bet, watch a race. Properly.

It’s a little thing, but not so little that any of the other bookies afford their punters that luxury. And it makes a big difference in terms of enjoyment.

[Hint: a £1 placepot will allow you to watch all six races that comprise the bet]

Free bets when you join up

As soon as you register and bet €10, you’ll get ten more euros to bet. Then when you bet another €10 you’ll get a pair of tickets to go racing. (Obviously, it’s not such great value if you don’t live near an Irish racetrack, but it’d make a nice little excursion if you were holidaying there, or of course if you live there already).

And after your tenth bet, ToteIreland will refund you the value of your average bet in that time, up to a maximum of €40.

**

As well as Irish racing, you can also bet on all UK racing, plus lots of racing from France, South Africa and America, if that sort of thing floats your boat.

And if you’re worried that you don’t know the Irish form, you could do what I do, and use the geegeez racecards. How do you think I picked out those winners up above? ;)

**

Summary

I absolutely love the Irish tote, mainly because they make it easier for me to win more money by not being especially clever much of the time. And I think if you give them a try, you may very well feel the same way.

And I do honestly believe that this is the best value betting opportunity available right now, though how long it will last before the mainstream catches on remains to be seen. All I can say is ‘make hay while the sun shines’.

Open your ToteIreland account here, and be sure to enter promo code geegeez1 in the promo code box.

I’m away on family duties this weekend, but will be focusing much more on the multi-race pool bet opportunities in Ireland in the coming months, and blogging about them here. And I may even arrange the occasional syndicate when the pools have rolled over for a few days, if that’s of interest. Let’s take down some of these pots together!

Open your ToteIreland account here

Matt

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Rating: 9.3/10 (15 votes cast)
ToteIreland Review: The Little Known 'Best Value' Haven, 9.3 out of 10 based on 15 ratings

21 Responses to ToteIreland Review: The Little Known ‘Best Value’ Haven

  1. Account opened Matt! Looking forward to following your advice above. Happy Easter to you and yours.

    RonCombo
    April 18, 2014 at 10:09 am
    Reply

  2. Looks interesting, I have opened an account. I am most interesting in joining a syndicate, please keep us informed. Regards

    tonyb65
    April 18, 2014 at 10:26 am
    Reply

  3. Account opened, we are off to Ireland next month and fancy a days racing at Listowel so will try to get tickets
    Bob

    trebor4966
    April 18, 2014 at 11:11 am
    Reply

  4. Matt
    Account opened , here’s to a bit of Bookie Bashing

    Michael
    April 18, 2014 at 3:05 pm
    Reply

  5. Just signed up & I reckon it may be a waste of time for me.They only allow 3 deposit methods.Visa,Mastercard & Laser (who the hell uses Laser???) You can only withdraw to the card you paid in with (as expected) but the welcome email uses the example of Mastercard.Correct me if I’m wrong but as far as I know Mastercard don’t allow withdrawals from betting sites? I don’t have a Visa card,only a Mastercard & a Maestro debit.So am I wasting my time?

    acranea
    April 18, 2014 at 6:57 pm
    Reply

    • Not sure, Brian. You’d have to touch base with them about that. I very much hope you’re not wasting your time, as it’s an excellent opportunity, as I’ve said.

      Best,
      Matt

      Matt Bisogno
      April 18, 2014 at 9:24 pm
      Reply

  6. looks good matt ,opened account.

    iceman
    April 18, 2014 at 9:06 pm
    Reply

  7. What has happened to the Saturday TV Trends section of the blog

    IanD
    April 19, 2014 at 2:47 pm
    Reply

    • Hi Ian

      I’m afraid that was a victim of the editorial ‘downsizing’ at the end of December. (There wasn’t enough budget to pay for it, alas).

      Best,
      Matt

      Matt Bisogno
      April 19, 2014 at 6:32 pm
      Reply

  8. Hi acranea & Matt,

    You can actually withdraw to a Mastercard from Tote Ireland, I’ve done it :-) The laser card is currently being replaced by visa debits but up until a few weeks ago, the laser card was a valid and popular card mainly in Ireland. Also you can withdraw to different cards providing you have given Tote some extra security (you’d have to talk to them on that one to confirm)

    Frozen fire
    April 21, 2014 at 1:23 pm
    Reply

  9. Hi Matt,

    Excellent write-up.

    Just signed up. They only accept Bank Linked Debit Cards, not Skrill (Moneybookers) nor Neteller.

    Doug

    Doug
    April 22, 2014 at 3:38 pm
    Reply

  10. Hi Matt, not too sure I fully understand it all but looks good to me so I’ll open an account. I too would love to be in a syndicate its more fun betting with other people so please keep me informed. Just one question is the trifecta your favourite bet?

    dion
    April 22, 2014 at 4:03 pm
    Reply

    • Hi Dion

      Good stuff. No, the trifecta is not my favourite bet. The four race jackpot, available on Irish meetings only, is my favourite bet!

      Best,
      Matt

      Matt Bisogno
      April 22, 2014 at 4:26 pm
      Reply

  11. Account opened – looking forward to Punchestown.

    AntePoster
    April 29, 2014 at 10:25 am
    Reply

  12. After the bearded one winning the euro last night!!.Then my hopes have gone up ten fold on winning big ;-).So i have signed up and look forward to my payday!!. After all last night proved anything is possible!!.Looks good and will be interested in the syndicate matt

    Bluecyprus
    May 11, 2014 at 10:13 am
    Reply

  13. Deposited 10 euros then received an e-mail stating that photographic ID in the form of a passport or driving licence is required. Now as amazing as it seems in 2014, not all us drive or hold a current passport.

    So that’s Tote Ireland kaput for my good self for the foreseeable as I’m in no hurry to splurge a small fortune on learning to drive a car I’d never use or forking out for a passport when family commitments preclude foreign holidays for quite some time.

    A bit of a rant but justified IMHO regardless of whatever argument Tote Ireland throw up about how vital it is to establish authentic ID credentials. .

    As H Simpson has been known to mutter, things that make you go doh!

    Steve
    May 11, 2014 at 4:12 pm
    Reply

    • Hi Steve

      I’m very surprised to hear that. May have been your deposit method, I guess? Do send an email to their helpdesk, as they’re very helpful in my experience.

      Best Regards,
      Matt

      Matt Bisogno
      May 11, 2014 at 5:24 pm
      Reply

    • Hey Steve, A friend of mine received a verification code letter in the post, only thing was they hadn’t opened an account! When they phoned to check it, it turned out all his details had been used to open an account fraudulently! Maybe ask them to send you the verification code? This seemed to work for my friend? be a shame not get a bite of the scoop6 apple today! :-)

      Frozen fire
      May 17, 2014 at 9:31 am
      Reply

  14. I had to verify myself to them by a scanned photo id in jan 2012 before I could log in and place my second bet.

    stephen
    May 11, 2014 at 7:49 pm
    Reply

  15. The photographic ID is probably a result of the gaming outlet being based in Ireland so they would fall under EU Betting & Gaming Rules. ‘Some’ UK gaming outlets based in Gibraltar also assign to this European model of authentication but are lax on these rules if you are accounting with them from the UK.

    DotchPickingTycoon
    May 26, 2014 at 4:03 pm
    Reply

  16. Hi Matt, account opened and I too would be interested in a syndicate or just some fun betting(but to win of course)

    dion
    May 31, 2014 at 1:46 pm
    Reply

That's what I think, but what do YOU think? Leave a comment and let us know!