Bet Types
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A win bet can boast being the most popular bet type. It is also the most simple to understand and place. Before the race, select the horse who you believe has the best chance of winning and place your bet.
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An each way bet is a popular wager comprised of win bet and place bet components. This bet type allows you to potentially win if your selected horse in a race finishes anywhere between first and third.
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Flexi betting is a product which allows bettors to take a selected exotic bet type which has multiple combinations but where you are able to choose an outlay you are comfortable with.
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A quadrella is a bet type which involves you selecting through each of four races selected by the TAB. Quadrellas cost a minimum of 50c however generally people elect to spend more.
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A first four bet is a wager which requires you to select the first four horses across the line. First four bets while difficult to win, generally offer up the largest payouts seen on thoroughbred betting.
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The trifecta is a popular bet where you attempt to successfully select the first three horses across the finish line. The types of trifecta available to you which are mentioned below have varying costs but allow you to select more runners and therefore have more winning combinations.
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An exacta is similar to a quinella in the fact you need to select the first and second runners, albeit in the exact order. There are a number of different ways you can arrange your exacta bet.
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A quinella bet is a wager on horse racing where your goal is to select first and second in any order. The minimum cost of a quinella is $1.00 and increases based on either how much you wish to stake or if more than two horses are included in your quinella.
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