The new Global Tote wagering product at TopBetta was released to the public this month and the early reports are that punters are the big winners.
Global Tote odds were first offered at a meet at Warrnambool which produced 11.66% higher returns for win dividends and 9.96% higher for place dividends compared to “best tote” prices.
Global Tote has a lower take-out than the other totes in Australia (S-Tab, NSW and UBET) which means that the majority of the time, GT will provide punters with bigger prices.
The first week of TopBetta offering the Global Tote Top and Mid products on its platform saw more than $700,000 combined turnover across 6 thoroughbred meetings and 6 greyhound fixtures.
TopBetta's CEO Todd Buckingham said, "The Global Tote was released this week and we have been pleased with the result thus far. While there is a long way to go, we certainly have seen some pleasing numbers.”
“The feedback from punters using the TopBetta Global Tote (Top) odds has been extremely encouraging with turnover on the meetings which conduct Global Tote products having a significant uplift both in terms of Tote derived products and our fixed odds offerings.”
“We are looking forward to what the coming weeks will bring as we continue with the first phase of the roll-out."
The Global Tote market is easy to find and straight forward to use. You’ll see in the TopBetta racing lobby that the GT meets are indicated by a blue stripe. This afternoon there is GT markets available for both Canterbury and Ballarat as well as Wentworth Park this evening. To bet on the market, just select your horse and place your bet under the appropriate GT win/place column.
It’s still early days but the Global Tote looks to be a fantastic product that is literally putting extra money into punters’ pockets. With further expansion planned including more markets and availability across other platform, now is a great time to join TopBetta and give Global Tote a try.
