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Fixed odds betting provides certainty of winning; bookmakers offer prices for each horse when placing your bet, and when placing it you know exactly how much is at stake. When betting with tote odds however, your money enters a pool with other bettors; should your horse win it will pay out according to how many units won - this is known as dividend. While those who prefer certainty of their returns may dislike such systems that offer payouts at random may not like it as this creates confusion and uncertainty - many governments support such systems because it allows them to benefit directly from gambling revenues that would otherwise go directly towards funding other programs such as this system. Link Bet Nation 2024, There are a variety of exotic tote bets you can place; some will apply only to one race while others cover multiple events on a given card, like the Tote Exacta and Trifecta. These bets require selecting horses in the correct order in order for it to pay out more than simply winning or placing bets; especially rewarding is betting the tote Exacta as its odds tend to be easier to calculate than fixed odds bookmakers.
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