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A runline bet is a 1.5-point spread attached to a baseball game. While a team may be a heavy favorite on the moneyline, that team will own much reduced odds when pegged as a 1.5-run runline favorite.
What is the tote? The tote bet, simply, is all the bets placed into a pool on an event or race. Using the example of a four horse race where $320 is in the win pool. For Horse A $320 (total pool) minus 10% ($32 house take) divided by $40 wagered on horse A. 288/40 then = $7.20 which will be the starting win odds for this horse.