The Tote
From Wikipedia, the free encyclopedia
The Horserace Totalisator Board, more commonly known as The Tote, is a British bookmaker, with over 500 betting shops, and outlets on Britain's 59 racecourses. It is the only organisation in the UK which is allowed to run pool betting on horseracing, though in recent years it has expanded into fixed odds betting in other sports, through the brand ToteSport.
The Tote is unique in that it is not actually owned by anyone, its government appointed board is the Tote, although privatisation of the organisation has been a Labour manifesto commitment since 2001. Chancellor Gordon Brown announced privatisation in the 2006 Budget.
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