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Horse race betting: What is the tote?

The Tote, or previously referred to as the Horserace Totalisator Board, is a U.K.-based bookmaker with head offices in Wigan.
The Tote, or previously referred to as the Horserace Totalisator Board, is a U.K.-based bookmaker with head offices in Wigan.
Photo by Jordan Mansfield/Getty Images
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