TOTO (Sweepstakes)

Publication date: 14 Jun 2023

Betting on sweepstakes is different from the traditional type of betting in a bookmaker’s office. Let’s find out what a sweepstake is and how it works.

What is TOTO, or sports betting?

A sweepstake is a type of betting that involves selecting the outcomes or the exact score in matches provided by the operator. These can be events from the same sport or from different sports.

By betting on the sweepstakes, players form a total pot called the prize pool. The money is divided among the winners on a percentage basis and a certain percentage is taken by the operator. Once all the sporting events have taken place, the prize pool is started to be divided between the players who have guessed at least the minimum required number of events. The more outcomes a player guesses, the bigger his winnings will be.

TOTO types:

• 1X2 TOTO. One of the most common sports betting odds. It is quite simple as the player selects the outcome of all events, which are put together in one draw. Usually, there are 15 events, and 9 or more outcomes need to be guessed in order to win. For example, in the 1X2 TOTO for a football match between Real Madrid and Barcelona, the player has to choose the outcome of one of three options: a Real Madrid win, a draw and a Barcelona win. Next, he chooses an outcome for each of the 15 events and bets on his prediction. If he guesses 9 or more outcomes, he wins the prize.

• Correct Score TOTO. In this draw, the organizer offers clients to guess the exact score of all matches. The number of events in the betting slip is usually lower than in 1×2, as the score is harder to guess. In addition, there is a lower threshold for winning. The most common variant: 8 matches and a prize for 2 guessed outcomes. For instance, in the Correct Score Tote for a football match between Manchester United and Liverpool, the player must choose the exact score of the match. Then he/she chooses the exact score for each of the 8 events and bets on his/her prediction. If he guesses 2 or more outcomes, he wins a prize. So, for example, if he/she matches Manchester United vs. Liverpool by 2-1, he/she wins, if that is the correct score. However, as it is very difficult to guess the exact score, the probability of winning in this draw is lower than in the 1×2 TOTO.

The difference between the sweepstakes and the regular bets

• a player does not know in advance the amount of winnings;
• there are no odds in the line, the prize fund is formed from the number of bets made and on the basis of them the payout is calculated;
• the player cannot choose the matches independently, the organizer himself forms the line;
• restrictions on the type of bets: outcome and exact score;
• the prize pool is formed by the pool of participants;
• jackpot availability. After guessing all the results, the player gets an additional prize.

Betting on the sweepstakes is not popular with those seeking to make money from betting. The reason is that the player who places a bet cannot calculate the amount of winnings in advance, there are no odds, and several outcomes must match in order to win. TOTO is great for amateur players. With this type of betting, it is easy to win a large sum of money, but without taking much risk. A sweepstake is very similar to a parlay or system and differs from the bookmakers not only for the player, but also for the organizer. The organizer does not risk any money as it takes a fixed bank.

The 3SNET CPA network has many offers from legitimate bookmakers, which include TOTO!