Tote Payment Methods

If you’re opening a Tote account, you’ll want to know how you can move your money in and out. Tote has been around for decades, so while the brand feels modern online, its banking system is straightforward. You don’t get a huge list of options, but the ones they offer are safe and steady.

Punters in the UK and Ireland can use a mix of debit accounts and newer challenger banks. Limits are clear, processing times are fair, and withdrawals are among the quickest around. Let’s run through every method Tote accepts, along with what’s off the table.

How to Withdraw Money from Tote

If you’ve got an active account, withdrawing is simple. Log in, head to the banking tab, and hit withdraw. Choose your method from the drop-down, follow the instructions, and confirm the amount.

Most payouts are processed instantly on Tote’s side, though the speed depends on your bank. Expect an email confirmation when the request is complete. If the card you used for deposit rejects the payout, they’ll send it back by bank wire instead.

Minimum Withdrawal at Tote

The minimum withdrawal for UK customers is £10. Irish customers have the same limit set at €10. These thresholds are low enough to give punters flexibility, though not quite as low as some other firms offering £5 cashouts.

Maximum Withdrawal per Day at Tote

In the UK, the maximum withdrawal is £12,000 in one go. Irish punters have the same cap set at €12,000. These apply across all accepted payment methods, so you won’t find a loophole to lift more than that in one transaction.

How Long Do Tote Withdrawals Take?

Tote is quick to process requests, often handling them the same day. Where you’ll wait is on the bank side. Most debit cards clear funds within 3 to 5 working days.

Whenever possible, the payout goes back to the same card used for deposit. If that fails, a bank transfer will be arranged, but always under the same name as your account.

Tote Maximum Payout Limit

There’s no fixed maximum payout on Tote bets. Since it runs on pool betting, the size of the pool decides how much you win. Big pools at Cheltenham or the Grand National can mean massive payouts, with no cap holding you back.

Why Can’t I Withdraw from Tote?

The most common issue is an unverified account. If you haven’t uploaded ID, proof of address, or valid payment details, you won’t be able to cash out.

Other reasons include going below the £10 minimum, trying to exceed the £12,000 max, not clearing bonus wagering rules, or simply running into a technical delay. If you’ve checked all that and still can’t withdraw, contact Tote support.

How to Deposit Money into Tote

Depositing works much the same as withdrawing. Log in, click on My Account, and choose deposit. Pick your payment method, add the amount, and confirm.

Deposits are free of charge and update your balance instantly. Just make sure the banking details match your registered account name, or the deposit will fail.

Minimum Deposit at Tote

The minimum deposit is £5 for UK customers and €5 in Ireland. That’s in line with most other bookmakers and gives punters the option to start small.

Maximum Deposit at Tote

The maximum deposit using a debit card is £2,500 per day. Irish punters have similar restrictions in euros. If you’re not sure about the limit tied to your payment type, check the terms before making a large deposit.

Tote Debit Cards

Tote accepts Visa, Mastercard and Maestro debit cards for both deposits and withdrawals. Credit cards are banned in the UK for gambling, so debit is your standard route.

Deposits are instant, while withdrawals take a few working days. Any cards registered before April 2020 may still be used for withdrawals, but no new credit card details can be added.

Tote Revolut

Revolut works with Tote for deposits and withdrawals. Deposits are free and instant. Withdrawals can take up to five working days to clear. Transactions will show up as gambling payments on your bank records.

Tote Monzo

Monzo is also accepted for deposits and withdrawals. Payments are free and simple, with deposits landing instantly. Withdrawals take between two and five days. Transactions show on your statement, but many punters like Monzo for its ease of use.

Tote Starling Bank

Starling debit cards are supported too. Deposits are instant and free, while withdrawals typically take one or two days. Starling is treated the same as other debit options.

Payment Methods Not Accepted at Tote

Here are the methods you cannot currently use on Tote. Some may be added in future, but for now they’re unavailable:

• PayPal
• Skrill
• Neteller
• Paysafecard
• Trustly
• Google Pay
• Apple Pay
• Amex
• Boku
• Payforit
• Bitcoin
• Ethereum
• Ecopayz
• Mpesa
• Naira

Does Tote Restrict Bets?

Tote doesn’t set stake restrictions the way fixed-odds bookies do. Since it runs on pools, you can put down as much as you like. The only limit is how much money is in the pool itself.

What Is a Tote Payout?

A Tote payout is the dividend from the betting pool. Everyone’s stake goes into the pool, and winners share it out based on how many have backed the same runner.

Tote now has a SP Guarantee, which means if the dividend is lower than the fixed-odds SP, you get paid the higher amount. This has boosted Tote’s popularity, making it a solid option for racing punters.

Summary of Tote Payment Options

Tote doesn’t have the widest choice of banking methods, but what they do offer is safe and clear. Debit cards and challenger banks like Revolut, Monzo, and Starling are supported, with straightforward limits and quick withdrawals.

You won’t be able to use PayPal, Skrill, or crypto here yet, but Tote may add new options in time. For now, stick with the accepted methods and you’ll have no trouble funding your bets or pulling out winnings.