Guide To Betting
Having a bet on harness racing can be a lot of fun and it is exciting cheering home your selection. This guide to betting and bet types is designed to simplify the process as much as possible.
|All Up / Poker|
The All Up itself is not a bet type; it is a means of re-investing the outcome of one race onto another. Select between two and six races at the same race meeting. You can place a Win, Place, or Quinella bet. Dividends are automatically re-invested into your next wager. All your selections must come in for your ticket to be a winner.
A Poker is an exciting variation, selling a number of All Up bets on a single ticket. With a Poker bet if your picks are correct in any two races you will get a dividend.
All Up or Poker? It can be a tough choice – whether to go “all or nothing” with an All Up bet, or whether to spread the risk with a Poker bet. The best way to decide is to consider the likely odds of your selections. An All Up bet is likely to be better if you are taking raging hot favourites, while a Poker is likely to suit you if your selections are paying longer odds.
|A Double requires the selection of the winners of two separate races at one meeting as nominated by the TAB. Each race is referred to as a ‘leg’ of the Double. Betting on Doubles closes when the first leg starts. A concession is also offered on Doubles. The ‘Concession Double’ is paid when your selections win the first leg and come second in the other.|
|A First4 bet challenges you to pick the first four runners in the correct finishing order. This is similar to a Trifecta, but has an additional placing. The elements of First4 are the same as a Trifecta. If no one strikes 100% of the winning combination for the First4 on a race, there will be a jackpot to the next First4 race at that meeting.|
|The Quaddie requires you to select four winners from the four nominated races. And the rewards, for a small outlay, can be big! On all harness racing meetings Quaddies operate over the last four races.
The minimum investment for a Quaddie is $1. To calculate the amount you need to spend to receive 100% of the dividend, simply multiply the number of selections in each leg together. For example, should you wish to have two selections in each leg of your Quaddie and receive 100% of the dividend, you will need to spend $16 (i.e 2 x 2 x 2 x2).
Percentage Quaddie is where you tell the TAB operator how much you want to spend and which runners you want. If your bet comes in you receive a percentage (%) of the dividend. Quaddie Easybet - tell us how much you want to spend and our computer selects your runners in each leg for you.
|A Quinella bet is where you pick two runners to finish first and second (the order does not matter). Quinella bets can be boxed or bankered (also known as an anchor).|
|The Banker Quinella is also known as the Anchor or Standout. You pick one runner that you like to run either first or second and make this runner your selected banker. Your bet is taken with a group of other runners and you cover all combinations of your banker with this group of runners. It is possible to have more than one banker.|
|The Boxed Quinella is easiest and most popular way to take a Quinella. A Boxed Quinella sounds complicated but it simply means you choose runners to finish first and second in any order. Pick the three, four, five or more runners that you like and by boxing them, you buy all the possible combinations of any of those runners coming first and second. The more runners you pick the greater the cost e.g. three runners Boxed = $3, four runners = $6, five runners = $10|
|A Treble requires the selection of the winners of three separate races at one meeting as nominated by the TAB. Each race is referred to as a ‘leg’ of the Treble. Betting on Trebles closes when the first leg starts.|
|The Trifecta involves backing runners to finish first, second and third in the correct order.|
|The easiest and most popular way to take a Trifecta involves you picking the three, four, five or more runners that you like and by boxing them you buy all the possible combinations of any three of them coming first, second and third. The more runners you pick the greater the cost e.g. three runners Boxed = $6, four runners = $24, five runners= $60 at $1 per combination. However, you can take a 50c (or half) unit. This halves the cost, and if you're successful you get half the dividend.|
|Win, Place and Eachway|
|Win - the winner of the race. Place - the runner to finish either first, second or third, although in some smaller fields (seven runners or less) place dividends are only payable on first and second.
Eachway - Combines a Win and a Place bet on the same runner. If your runner wins, you collect both the Win and Place dividend. If your runner finishes 2nd or 3rd, you collect the Place dividend. Note: In a field of seven or less place dividends are paid out to only first and second. In an Each Way bet you don’t have to have the same amount to Win as you do for a Place.
|What is Percentage Betting?|
|Percentage Betting allows you all the excitement of a big bet without the big outlay. You can decide how much you want to spend on a bet that involves a number of combinations. You state the total amount that you wish to spend and the computer spreads this across your combinations. You bet a percentage of the normal cost and get a percentage of the dividend in return.
Percentage betting operates on Trifectas, Trebles, Quaddies, First4s and Pick 6s.