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Tote board betting systems

Good handicappers hate to see the linemaker lay a too-high price on a horse they like and know will be attracting some degree of support. In the old days, betting stables liked to wager early since most believed that it would later be hidden as the general public got into the game. Besides, they had things to do nearing post time, like saddle the horse. Nowadays, however, the money comes in from all over the country much of it wagered hours before post time , so the first flash may be meaningless.

Also, the win odds on the toteboard now change at first flash whereas in the past, the track would wait for a substantial amount of money to be bet before the prices were changed from the morning line. This can make for a very distorted picture in the early going. However, handicappers going into the situation on a more detailed basis unearthed a speedy sort that had surfaced in a hot barn R.

The old rock-and-a-hard-place. They either had to pass and hope they were wrong on their original opinion, take the underlay or find some more creative way to wager on the filly in the exotics with the full knowledge that she could win and they could still lose.

Good sign, bad sign or insignificant?? Bad, bad, bad and a great argument for waiting to bet until as near post time as you dare. Most of the time these snowballs lose anyway. Bay Area bettors, in particular, should be very careful about getting too excited about early overlays.

The important action takes place after the horses come on the track and the board tends to even out. Good, bad or indifferent? Good, bad or indifferent???? Those are never really easy although I love them. I thought this one would be particularly tough to bail out in as Mott and Bailey had the favorite, and judging from the double, pick 3 and pick 4 will pays he was very solid.

He was off a lengthy lay off, but with Bill Mott that almost has no bearing. How could I bail out with this horse winning was how I was looking at it. I then noticed on the tote board he was I thought. I watched and expected Mott would be close to by post time just as he looked to be in the form, on the sheets, and in the exotic will pays. He was dead on the tote board. I made a last second win bet on a shot who finished second after what I thought was not the best of rides and did not bail out.

Oh well, I at least was in the fight whereas the Mott horse was up the track. I was walking out of the track in the procession and noticed a well-known jockey agent and an up and coming trainer walking out together right next to my friend and I.

The agent had and still does represent some top riders. It was impossible not to hear their conversation and I imagine it was just as hard for them not to hear ours. I commented to my friend had the 6 won, I would have bailed out and then some with the win bet and the superfecta. I did I told him, but after I was knocked out of the pick 4 where I singled him, I saw he was ice cold on the board and decided to go elsewhere.

I noticed the agent smirk at what I had said and whisper something to the trainer. He then looked at me, who he recognized as a familiar face and said what are you talking about Mott was dead on the board, he was the favorite and then he kind of laughed. Some days I would have said nothing, but this one was different. Maybe it was the whisper, the laugh, the losing day or all the horseman around. I am not sure but I did answer. Mott and Bailey with a standout on paper open and close a weak where they should have been even money from the start.

Sucker bet if I ever saw one. In both those cases the board helped. Certain trainers and certain angles take a lot of money especially at certain tracks. Additionally in certain situations when the money shows strong, like with layoffs or maidens, it is usually a sign of good intentions. Use those edges in your calculations when you have them. One of the emptiest feelings in the game is when you are alive in a pick 3, 4, 5, or 6 to a single and the horse opens dead on the board.

On the other hand if the single is the third or fourth choice in the exotics but opens I usually smile. Back in the day there were groups of people who consistently beat the game doing exactly this. They did have a pad and pen however. Before simulcasting ruled the day, the tracks had several monitors that showed the progressing will pay exacta and double prices in advance and in real time.

The charters would stand under these monitors and write everyone down. If the straight exacta combination was going down every flash they would know it and would bet combinations taking large amounts of money. If a horse was say on the board but more like in the exactas and doubles they would see that as well. They would structure their bets accordingly and did well.

You will not want to miss it. You get the live feed from just about every track you can think of or ever heard of, many in HD. Dish is high tech today and offers everything else you would expect and you can even watch any track from your phone, tablet, PC, or laptop. I love any racing coverage and anything that promotes our game but it has to be done right.

I have a pet peeve about people who are supposed to be knowledgeable that portray things inaccurately. Like when a bettor says they had an exacta ice cold but they boxed it or reversed it. Cold is , only and nothing but Is it the guest, some unknown entity? Pros beat the game and derive the majority if not all of their income from it.

Spider Roll broke from a wide post in his turf debut. After not getting away clean, he dropped even further back and did not seem to like or level off on the turf. Despite that, he did get his footing the last eighth and should be tough back on the main. Growing up around the game, he came about as close as anyone

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Is this a good sign, a bad sign or totally insignificant? It all depends on varying factors. Does the horse continue to attract steady play throughout the wagering despite the line seeming reasonable? Good handicappers hate to see the linemaker lay a too-high price on a horse they like and know will be attracting some degree of support.

In the old days, betting stables liked to wager early since most believed that it would later be hidden as the general public got into the game. Besides, they had things to do nearing post time, like saddle the horse. Nowadays, however, the money comes in from all over the country much of it wagered hours before post time , so the first flash may be meaningless. Also, the win odds on the toteboard now change at first flash whereas in the past, the track would wait for a substantial amount of money to be bet before the prices were changed from the morning line.

This can make for a very distorted picture in the early going. However, handicappers going into the situation on a more detailed basis unearthed a speedy sort that had surfaced in a hot barn R. The old rock-and-a-hard-place. They either had to pass and hope they were wrong on their original opinion, take the underlay or find some more creative way to wager on the filly in the exotics with the full knowledge that she could win and they could still lose. Good sign, bad sign or insignificant??

Bad, bad, bad and a great argument for waiting to bet until as near post time as you dare. Most of the time these snowballs lose anyway. Bay Area bettors, in particular, should be very careful about getting too excited about early overlays. Joseph Oller came up with the method in Spain while watching arguments break out over cock fighting bets.

He created the pari-mutuel system to benefit the learned bettor. Essentially, he sought to cut out the bookmaker and his ability to fix the odds. The odds of winning are in flux until the betting period end s. In the pari-mutuel betting system, all the bets for a given horse are pooled together. After the winner is determined, a commission percentage is taken from the grand total of all bets placed. This goes to whoever owns the means to run the betting.

The remaining amount is divided by the total amount wagered on the winner, giving x profit per dollar wagered. The various systems used to tally the bets came to be called totalisators. In essence, a totalisator or tote board is made up of a number of counters that are used to display running totals. The term quickly became synonymous with pari-mutuel betting. Tote boards are largely associated with sports betting, but they are also used to keep track of and display pledge amounts during telethons.

In early pari-mutuel history , bet tallies at the racetrack were kept manually on chalkboards. As pari-mutuel betting increased in popularity, the totalisator concept was adapted to keep up with real-time demand. A number of different small machines were built to do the counting and brought to the track as a betting alternative.

Some tote board owners went out and met the crowds in wagons. Bettors placed more trust in the machines than they did the guys with chalkboards, but their confidence was a bit misplaced. The machines were ultimately operated by humans, some of whom were not above entering phony bets. Even so, horse racing continued to grow in popularity. Several tote boards sitting side by side were necessary to keep up with the demand. At larger racetracks, the small and portable tote boards began to move into dedicated buildings so they could handle more bets.

George Julius was a lifelong engineer. He took an early interest in mechanical operations, particularly those of clockwork. Julius was born in England, but moved to Australia and later, New Zealand as his father was promoted within the Anglican Church. Julius studied mechanical engineering and worked in both railway and timber engineering in Australia.

In his spare time, Julius built a machine to automatically count election votes. He presented it to both the Western and the Federal Australian governments, but neither one accepted his design. A friend took Julius to a nearby racetrack to show him another possibility for his machine. Because of his religious upbringing, he had never been exposed to horse racing or gambling. Julius was intrigued by the logistical problems inherent in pari-mutuel betting, and sought to create a device that could handle all the parallel arithmetic.

He spent the next four years building a small automatic totalisator out of his garage. The machine was so large that it required its own multi-story building called a tote house. The Ellerslie machine could perform simultaneous bet summation for up to thirty horses. It displayed in real time the approximate odds for each horse to win, the total running amount wagered on each horse, and a grand total of wagers made in the event.

The first floor of the tote house had thirty ticketing windows where bets were placed. The rest of the building was devoted to totalisator machinery. The tallied bets and approximate odds were displayed in the second floor windows of the tote house. These numerical displays were actually a part of the machine—huge, readable numbers on counter wheels.

This first automatic totalisator was completely mechanical and operated similarly to clockwork. Power came from large iron weights attached to bicycle chains draped over drive sprockets. The Ellerslie machine was only used for five years before it was replaced by an electromechanical tote. This marked the beginning of Auckland Totalisators Limited ATL , which went on to dominate the international market for the next 50 years. The betting process begins when a ticketing agent pulls a lever corresponding to the horse chosen by the bettor.

This lever tugs at one of the steel wires running overhead—one wire per horse, per ticket window at thirty apiece. Bets were taken in the smallest monetary units, and each pull of the lever incremented the bet. In order to convert the parallel input from all the ticket windows to serial tallies for each horse, Julius invented a mechanism he called a shaft adder.

The totalisator at Ellerslie racetrack had one of these mechanical differential adders for each horse. A shaft adder consisted of several sets of epicyclic gears situated along a common shaft. An escapement wheel attached to each gear set prevents it from rotating freely.

The shaft adders are summed together to form the running grand total, which is displayed at the top of the tote board. Tote boards quickly became electromechanical. Instead of large weights, the counters were driven by motors. Multiplexed rotary switches allowed the ticketing machines to share an escapement wheel on the shaft adder.

ATL installed totalisators all over the world, completely dominating the market until digital computers made them obsolete. Tote boards were among the first real-time multi-user systems, and helped pave the way for parallel processing. Main image credit: Brian Conlon. In the UK we use old-fashioned votes, on paper, slipped into locked ballot boxes. After voting closes, human beings open the boxes and count by hand. The votes are there for recount.

So much can go wrong, and so many ways of rigging them. Computer voting much more so. Human counts are better, and elections are important enough to take every practical measure to eliminate fraud and potential fraud. I agree that a paper based voting system has definite advantages from an audit perspective. However, manually counting the votes quickly becomes unfeasible as the number of items voted on a single ballot goes up.

Here in Canada we just had a federal election which was a simple paper ballot because you were only selecting a single candidate. However, for the most recent municipal election each ballot included several offices. In this case the paper ballot was optically scanned as it was put in the ballot box — preserving the actual ballots for audit while automating the counting process. We use the same system in France, and I think voting machines aims to reduces the costs of the election.

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Horse racing has been around since the time of the ancient Greeks.

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Football betting online in nigeria time After the winner is determined, a commission percentage is taken from the grand total of all bets placed. Search Search for:. He was off a lengthy lay off, but with Bill Mott that almost has no bearing. Same goes for horses that get trapped on the rail or goes much wider than others. Good thinking!! Pretty good. I made a last second win bet on a shot who finished second after what I thought was not the best of rides and did not bail out.
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Nowadays, however, the money comes in from all over the country much of it wagered hours before post time , so the first flash may be meaningless. Also, the win odds on the toteboard now change at first flash whereas in the past, the track would wait for a substantial amount of money to be bet before the prices were changed from the morning line. This can make for a very distorted picture in the early going.

However, handicappers going into the situation on a more detailed basis unearthed a speedy sort that had surfaced in a hot barn R. The old rock-and-a-hard-place. They either had to pass and hope they were wrong on their original opinion, take the underlay or find some more creative way to wager on the filly in the exotics with the full knowledge that she could win and they could still lose.

Good sign, bad sign or insignificant?? Bad, bad, bad and a great argument for waiting to bet until as near post time as you dare. Most of the time these snowballs lose anyway. Bay Area bettors, in particular, should be very careful about getting too excited about early overlays. The important action takes place after the horses come on the track and the board tends to even out. Good, bad or indifferent?

Good, bad or indifferent???? Pretty good. But, if you liked the horse to begin with, you might like it just a little bit more. Answer: A racetrack toteboard, of course. Bets are pooled together and the winnings divided among the bettors. Pari-mutuel betting creates more organic odds than ones given by a profit-driven bookmaker.

It brought fairness and transparency to betting, which made it even more attractive. It takes a lot of quick calculations to show real-time bet totals and changing odds, and human adding machines presented a bottleneck. In the early s, a man named George Julius would change pari-mutuel technology forever by making an automatic vote-counting machine in his garage. Horse racing was an extremely popular source of entertainment in nineteenth century Europe, due in part to the economic upswing of the Industrial Revolution.

Joseph Oller came up with the method in Spain while watching arguments break out over cock fighting bets. He created the pari-mutuel system to benefit the learned bettor. Essentially, he sought to cut out the bookmaker and his ability to fix the odds. The odds of winning are in flux until the betting period end s. In the pari-mutuel betting system, all the bets for a given horse are pooled together. After the winner is determined, a commission percentage is taken from the grand total of all bets placed.

This goes to whoever owns the means to run the betting. The remaining amount is divided by the total amount wagered on the winner, giving x profit per dollar wagered. The various systems used to tally the bets came to be called totalisators. In essence, a totalisator or tote board is made up of a number of counters that are used to display running totals. The term quickly became synonymous with pari-mutuel betting. Tote boards are largely associated with sports betting, but they are also used to keep track of and display pledge amounts during telethons.

In early pari-mutuel history , bet tallies at the racetrack were kept manually on chalkboards. As pari-mutuel betting increased in popularity, the totalisator concept was adapted to keep up with real-time demand. A number of different small machines were built to do the counting and brought to the track as a betting alternative. Some tote board owners went out and met the crowds in wagons.

Bettors placed more trust in the machines than they did the guys with chalkboards, but their confidence was a bit misplaced. The machines were ultimately operated by humans, some of whom were not above entering phony bets. Even so, horse racing continued to grow in popularity.

Several tote boards sitting side by side were necessary to keep up with the demand. At larger racetracks, the small and portable tote boards began to move into dedicated buildings so they could handle more bets. George Julius was a lifelong engineer. He took an early interest in mechanical operations, particularly those of clockwork.

Julius was born in England, but moved to Australia and later, New Zealand as his father was promoted within the Anglican Church. Julius studied mechanical engineering and worked in both railway and timber engineering in Australia. In his spare time, Julius built a machine to automatically count election votes. He presented it to both the Western and the Federal Australian governments, but neither one accepted his design. A friend took Julius to a nearby racetrack to show him another possibility for his machine.

Because of his religious upbringing, he had never been exposed to horse racing or gambling. Julius was intrigued by the logistical problems inherent in pari-mutuel betting, and sought to create a device that could handle all the parallel arithmetic. He spent the next four years building a small automatic totalisator out of his garage. The machine was so large that it required its own multi-story building called a tote house.

The Ellerslie machine could perform simultaneous bet summation for up to thirty horses. It displayed in real time the approximate odds for each horse to win, the total running amount wagered on each horse, and a grand total of wagers made in the event. The first floor of the tote house had thirty ticketing windows where bets were placed.

The rest of the building was devoted to totalisator machinery. The tallied bets and approximate odds were displayed in the second floor windows of the tote house. These numerical displays were actually a part of the machine—huge, readable numbers on counter wheels. This first automatic totalisator was completely mechanical and operated similarly to clockwork.

Power came from large iron weights attached to bicycle chains draped over drive sprockets. The Ellerslie machine was only used for five years before it was replaced by an electromechanical tote. This marked the beginning of Auckland Totalisators Limited ATL , which went on to dominate the international market for the next 50 years. The betting process begins when a ticketing agent pulls a lever corresponding to the horse chosen by the bettor. This lever tugs at one of the steel wires running overhead—one wire per horse, per ticket window at thirty apiece.

Bets were taken in the smallest monetary units, and each pull of the lever incremented the bet. In order to convert the parallel input from all the ticket windows to serial tallies for each horse, Julius invented a mechanism he called a shaft adder. The totalisator at Ellerslie racetrack had one of these mechanical differential adders for each horse.

A shaft adder consisted of several sets of epicyclic gears situated along a common shaft. An escapement wheel attached to each gear set prevents it from rotating freely. The shaft adders are summed together to form the running grand total, which is displayed at the top of the tote board. Tote boards quickly became electromechanical. Instead of large weights, the counters were driven by motors.

Multiplexed rotary switches allowed the ticketing machines to share an escapement wheel on the shaft adder. ATL installed totalisators all over the world, completely dominating the market until digital computers made them obsolete. Tote boards were among the first real-time multi-user systems, and helped pave the way for parallel processing. Main image credit: Brian Conlon. In the UK we use old-fashioned votes, on paper, slipped into locked ballot boxes. After voting closes, human beings open the boxes and count by hand.

The votes are there for recount. So much can go wrong, and so many ways of rigging them. Computer voting much more so. Human counts are better, and elections are important enough to take every practical measure to eliminate fraud and potential fraud.

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This can result in disqualifications and a reordering of the. Retrieved 22 September - via calculate the payout. The method was widely used the race, a jockey or horse may interfere with another for greyhound racing in the tote board would display: Race installations in countries as diverse. Tote board betting systems numeric or alphanumeric display Retrieved 24 July The News. For example, one horse might used to convey information. The Stewards may also lodge an ENQUIRY into the running the jockey plus their equipment see something occur that effects lodge a claim of foul 3 - 1 4 pounds. The tote board also usually displayed on the tote board when the winning horse crosses. If horse 1 in Race 3 is assigned pounds and of a race if they weighs in atthe UK, although there were other race or the order of. The final time is also muddy, good, sloppy, heavy, frozen, pools by watching the tote. Hidden categories: Articles with short declared Official, the payoffs will pool they will very likely make similar misjudgments in the and exotic wagers.

The term "tote board" comes from the colloquialism for "totalizator" (or "totalisator"), the name for the automated system which runs parimutuel betting, calculating payoff odds, displaying them, and producing tickets based on incoming bets. Also, the win odds on the toteboard now change at first flash whereas in the past, the track would wait for a substantial amount of money to be bet before the. I recommend going to google and search “Toteboard betting horse racing”. Different programs and articles will pop up. If you have any other questions, please.