| The Tab offers a wide range of
bet types. Here is a brief explanation of those bets.
WIN
The most popular bet you can have. Simply pick the runner that you think will finish 1st in a race.
PLACE
Pick a runner in a race and if your runner finishes 1st, 2nd or 3rd you will collect your place dividend. (A 3rd place dividend is only paid in races with eight or more runners).
EACH WAY
An Each Way bet (Win/Place) combines the Win and Place bets. If your runner wins, you will collect both a Win and Place dividend or if your runner finishes 2nd or 3rd you will collect the Place dividend only.
QUINELLA
To win the Quinella you are required to correctly select the two runners that finish 1st and 2nd in a race, in any order.
EXACTA
An Exacta requires you to correctly select the two runners that finish 1st and 2nd in a race in the correct order.
DUET
The Duet requires you to correctly select 2 of the 3 placegetters in any order and is only available on races that have eight or more runners. The Duet will pay three dividends for the following combinations: 1st and 2nd, 1st and 3rd, and 2nd and 3rd.
TRIFECTA
The Trifecta requires you to select the runners that will finish 1st, 2nd and 3rd in a race, in the correct finishing order.
FIRST 4
The First 4 requires you to select the 1st, 2nd, 3rd and 4th placegetters in the correct finishing order. Available in Flexi betting.
QUADDIE
A Quaddie requires you to pick four winners from four races nominated by TAB at the one meeting. Available in Flexi betting. The Quaddie for each race meeting is marked in the "Exotic Bet Info" column on Today's and Tomorrow's Racing Schedules on
TAB
site. |
BIG6
A BIG6 requires you to pick six winners from six races nominated by TAB. The races that make up a BIG6 may be at the same race meeting or at different race meetings. There is at least one BIG6 available every week. Available in Flexi betting.
ALL UP
A more complex bet which involves parlaying your winnings from one race into one or more other races.
To parlay means to create a single bet that links together two or more individual bets and is dependent on all of those bets winning together.
All Up bets parlay (i.e reinvest) dividends across ALL races. To obtain a payout ALL races must be successful. An All Up bet is a Parlayforumula bet with the formula number the same as the number of races or legs selected.
PARLAYFORMULA
A more complex bet which involves parlaying your winnings from one race into one or more other races.
To parlay means to create a single bet that links together two or more individual bets and is dependent on all of those bets winning together.
You can have a Parlayformula on a minimum of two and up to a maximum of six races, and you can place a combination of Win, Place, Win & Place or Quinella bets. You can expand your options by parlaying your bets over 2, 3, 4, 5 or 6 races using a Formula Number, which means you do not have to be successful in every leg to be a winner. For example, if you take a Formula 3 bet over 4 races, the TAB computer will automatically generate all possible combinations of 3 races with this bet. To collect a dividend you must be successful in at least 3 of your 4 selected races.
DAILY DOUBLE
The Daily Double requires you to correctly pick the winners of two TAB nominated races. The Daily Double for each race meeting is indicated in the "Exotic Bet Info" column on Today's and Tomorrow's Racing Schedules on
tab.com.au. Daily Double legs are marked as D-D.
RUNNING DOUBLE
The Running Double requires you to correctly select the winners of any two consecutive races at the one race meeting e.g. Race 2 winner and Race 3 winner. |
