Cryptocurrency Q&A
How does a tote work?
How does a tote work?
BlockchainVisionary
Sat Mar 29 2025
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5
answers
1237
I'm curious about how a tote actually functions. I want to understand the mechanism behind it and how it operates.
5 answers
KatanaSharp
Mon Mar 31 2025
The distribution of winnings is determined by the number of people who backed the winning horse.
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CherryBlossomFalling
Mon Mar 31 2025
The Tote operates on a principle akin to that of a lottery.
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alexander_watson_astronaut
Mon Mar 31 2025
Participants in the Tote select their preferred horses and contribute their stakes to a collective fund.
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CryptoWizardry
Mon Mar 31 2025
The pot accumulates all the money wagered on the race.
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SejongWisdomKeeper
Mon Mar 31 2025
Upon the conclusion of the race, those holding tickets for the winning horse are entitled to a percentage of the total pot.
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