History
- In 1929 the Totalisator Act was passed for mechanical pool betting in Ireland with the Totalisator borrowing 20,000IR punts from sponsored races. Its first meeting in Fairyhouse on the April 21, 1930, offered win and place betting from 35 windows and had a Tote turnover of 5,035IR punts. By the end of 1930, with its best meetings at Punchestown, The Curragh, Galway and Tramore, the Tote had sold million tickets at 87 race meeting amassing 100,000IR punts.
- In 1932 Tote Account was established, accepting bets by telegram. Also that year Tote attracted investors to the company and seven years later in 1939 slot machines were introduced, operating a single machine for each horse. By their end in 1965 they had sold 60 million tickets.
- 1945 saw the forming of the Racing Board and in 1966 the Tote Jackpot Bet was introduced.
- In 1987 computerised terminals were introduced and the IHA (Irish Horseracing Authority) was formed in 1994.
- In 1999 the Tote launched their self-service Touch Tote Terminals and only a year later in 2000 they took an amazing 1 million IR punts turnover for a single days racing, at the Galway festival on August 3, 1999. This record was broken at Galway in 2003 and once again in 2005, surpassing all previous records with a single race days take reaching 1,914,558.05
- In 2001 Tote commenced co-mingling into UK Tote pools and in 2004 table service betting was introduced. Online wagering was introduced on the December 14, 2005.
Read more about this topic: Tote Ireland
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