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Racing Bet Glossary


Odds Types

Top Fluc (TF)

Top Fluc wagers are the top bookmakers odds offered on a specified runner. Wagers placed at Top Fluc are guaranteed to be paid at the top official on-course bookmakers fluctuation. Top Fluc is only available for Metropolitan meetings.

Top Fluc Bets guarantee to pay the top official on-course bookmakers fluctuation from the bookmakers on track as declared by the Bookmakers Pricing Service (BPS) by the stewards on track, sportsbet.com.au's own Fixed Odds through our website are not included.

Top Tote Plus (TT+)

Choosing Top Tote Plus Odds means you will always get the best return out of all three TAB's or the starting price (whichever is higher) on all Australian Races.Place Bets are paid at Best of 3 on Metro races and are paid at Midi Div (second highest dividend declared by the 3 TABs) on Country races.

Midi Div (MD)

Midi Div means you will get the middle return out of the Three TABs for all Win, Place and Each Way wagers on Harness, Greyhound, Australian Country and International thoroughbred meetings.

If less than 3-TABs offer wagers on a meeting the SUPERTAB tote dividend will apply.

If no TABs offer wagers on a meeting Starting Price (SP) will apply. Odds displayed are indicative prices of the middle TAB pools odds.

Fixed Odds

Fixed Odds are Sportsbet's Odds on a specific Horse or Greyhound. Bets are paid out at the Odds quoted when you Placed the Bet and are subject to deductions.

Starting Price (SP)

Starting Price (SP) is the official on-course bookmaker’s dividend declared at the end of betting.
SP Bets guarantee to pay the final bookmakers fluctuation from the bookmakers on track as declared by the Bookmakers Pricing Service (BPS) by the stewards on track, sportsbet.com.au's own Fixed Odds through our website are not included.

SP is available on Win-Only and Each-Way Bets

Exotics & Multis

Quinellas and Trifectas are available online only for all Australian Thoroughbred, Harness and Greyhound meetings. Exactas are available online for selected Australian Thoroughbred meetings.

Flexi betting is available on all Sportsbet racing exotics.

Standard Quinella
A Standard Quinella is when two runners must be selected to place First or Second in any order for the wager to be successful.

Standout Quinella
A Standout Quinella is where a punter can select as many runners as they like from the same race, however the punter must nominate the runner they think will place First or Second to the nominated selection. One of the other selections must finish either First or Second to the nominated standout selection.

Box Quinella
A Box Quinella is when more than two selections are made, up to the total number of runners in that event. However two of the selections must place First or Second in any order for the wager to be successful. The more runners that are ‘Boxed’ in a Quinella, the higher the number of combinations.

Exactas
An Exacta is when the first two place getters are selected and nominated in that order for the wager to be successful. Standout and boxed exactas are available with sportsbet.com.au.

Trifectas
A Standard Trifecta is when the first three place getters are selected and nominated in that order for the wager to be successful. Standout and Box Trifectas are available with sportsbet.com.au.

First Four
A First Four wager is when the first four runners are selected and nominated in that order for the wager to be successful. Standout and Box First Four bets are available

Doubles
A Double wager is when you pick the winner of two  nominated races. These are available when the Running Double and Daily Double bet types are available.

Trebles
A Treble wager is when you pick the winner of three nominated races.

Quaddies
A Quaddie is when you pick the winner of the four consecutive races.

Super 6
A Super 6 is when you pick the winner of the six consecutive races.

The below table can be used as a guide for the tote dividend used for each bet type and state:

Bet Type

Track State

Tote

Quinella, Exacta, Trifecta

NSW

VIC/TAS/WA/ACT

QLD/SA/NT

NSWTAB

STAB

STAB

First Four

All

STAB

Doubles

NSW

All Others

NSWTAB

STAB

Trebles

All

UBet

Quaddies

NSW

All Others

NSWTAB

STAB

Super 6

NSW

VIC/TAS/WA/ACT

QLD/SA/NT

NSWTAB

STAB

UBet

 


Other Betting Options

Betting Without

Betting Without means you can Bet without the Favourite (smallest Odds) included in the Race, although your Odds will be slightly reduced compared to the Starting Price (SP).

E.g.1st - Favourite to Win, 2nd Your Horse

Boxed

Boxed means that your Selections in a Racing Exotic (Quinella, Exacta, Trifecta, First 4) can finish in any order.

Racing Futures

Racing Futures are available on selected events and are on an all-in basis.

All-Ups

Racing MultiBets are available from 2 legs to 15 legs, with maximum payouts up to $500,000.
An All Up (also known as a MultiBet, Multiple Bet or Parlay) is combining a selection of single bets together, in effect multiplying your bet.
Sportsbet.com.au now accepts combination Sport and Racing MultiBets online and over the phone. Increase your odds by combining your sport and racing wagers up to 13 legs.

Odds vs Evens

Odds vs Evens lets you Bet whether an odd numbered, or an even number Horse or Greyhound will win the race.

International Racing

International Racing covers events in New Zealand, UK, Hong Kong, South Africa, France and USA

Cash Back 2nd and Cash Back 3rd

Cash Back 2nd is a way of placing a Bet that will give you your money back if your horse finishes second in the race.
If you choose Cash Back 3rd you will get your money back if your horse finishes second or third in the race. If you choose Cash Back, you will get a slightly reduced price, but the comfort of your money back if your horse is denied victory.
Example with Cash Back 2nd
Race Result
1st Always Wins
2nd Your Horse
3rd Not That Good
In the above example, because you had Cash Back 2nd, you will get your money back.
Example Without Cash Back
Race Result
1st Always Wins
2nd Your Horse
3rd Not That Good
In this example, your horse came second, so for a win bet you would have lost.
Examples with Cash Back 3rd
Race Result
1st Always Wins
2nd Your Horse
3rd Not That Good
OR
1st Always Wins
2nd Almost There
3rd Your Horse
In the above examples, because you had Cash Back 3rd and your horse placed 2nd OR 3rd, you will get your money back.

Head to Head

Choose two runners Head to Head from the selections available.
Simply select which horse you think has the best chance of winning against the other. Bets are settled on the highest finishing position.

Jockey Challenge

Jockey Challenge wagers are available on selected meetings. Win Only bets are accepted on an all-in basis. The winning jockey is decided on a 3, 2, 1 points scoring system.

Hot Wings (Greyhounds)

Lets you Bet on whether the winning greyhound will be numbered 1 or 8.

Inside vs Outside (Greyhounds)

Betting on any of the dogs in the inside boxes ( number 1, 2, 3 or 4) or the outside boxes (number 5, 6, 7 or 8) to Win. Inside vs Outside won't be available if there are Greyhounds numbered 9 or 10.

Craps (Greyhounds and Harness)

Select whether the combined number of the first 2 places in the race will add up to a total of 7 or 11.

Example; if the number 3 dog comes first and the number 4 dog comes second then the total number of the first two placegetters is 7 and the bet is a winner

Back the Field (Greyhounds and Harness)

Bet on any Greyhound or Harness except the identified selection to win.

Diamond in the Roughies

Select whether the winner of the race will be one of the four horses/greyhounds listed in this market.

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