Tote Ticket Details


Bet denomination

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Betting Options At The Race Course


wealthymatters.comTo wager you must be 18 years or older.You can bet either on the Totes or Totalisators or in the Bookmakers’ ring. The tote is a system run by the racing club. The tote (those ticket sellers behind the small windows you see everywhere) collects bets in various pools (like the win, place, tanala, jackpot, super jackpot, etc), deducts its commission and betting tax, and then distributes the balance amount to all successful tickets in respective pools. Dividend, in racing language, is the winning amount declared by the tote for the particular pool.The tote betting being less cumbersome is ideal for a beginner.You can either go to a manned Tote window and buy a cash voucher from a Tote Service Outlet, or call the roving operator with a hand-held computer. You have the option to bet at variable Tote odds or at fixed Tote odds. With the fixed Tote odds, the winning amount is guaranteed and printed on the ticket so it is similar to a bet you place with a bookie.

Here are the different ways you could bet on the Tote: Read more of this post

Faking It At The Race Course


wealthymattersOf course its possible to be the Millionaire Next Door and live a totally low key life,but if you want to use your money to buy excitement or a glamourous lifestyle or if you just want to manage an entree into High Society or if you wish to  network to grow your wealth,you might need to get yourself to the race course.And if you don’t know the first thing about managing at the races,here are some basics to help you get started and to fake it till you make it. Read more of this post

The McDowell’s Indian Derby


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The McDowell’s Indian Derby is a horse racing event held every year on the first Sunday of February at the Mahalaxmi Racecourse in Mumbai, India. It is one of the premier sporting activities in the city. It was first run in the year 1943.McDowell’s has been sponsoring it each year since 1985.It is the premier event of the Indian Turf and so always draws a mammoth crowd of some 35,000 people.

The Indian Derby is for 4 years old Indian horses only.Colts and geldings carry 57 kg and Fillies 55.5 kg. and the Derby distance is about 2400m. This gruelling contest tests both the speed and stamina of top four-year-old horses who wish to lay claim to the title of ‘the best four-year-old thoroughbred’.  Read more of this post

The Genesis Of AirBnB


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Joe Gebbia and Brian  Chesky were friends from Rhode Island School of Design.In 2006,Joe asked Brian to move to San Francisco to start something.Unfortunately by October 2007,even as the duo had nearly run through their meagre savings,their landlord hiked the rent by 25%.Their situation was bad.They had no money to pay the next month’s rent.They did not even have an idea for a business.

The Industrial Design Society of America holds a specialized conference around the world once in 20 years.They picked San Francisco in 2007.The week Joe read the landlords missive with a sense of impending doom,San Francisco was abuzz with an acute shortage of hotel rooms for the IDSA conference.They rented out space in their living room that weekend.Joe coded and put up a small website advertising their living room.For $80,a person got a room,airport pickup and breakfast.As Brian and Joe pulled out three airbeds from storage to accommodate their guests, they named their service AirBnB. Read more of this post