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Why are deductions applied?

Deductions are an industry-wide requirement of fixed odds betting on racing. They occur due to scratchings and are applied as a deduction of cents in the dollar (effectively, a percentage) from your potential payout. It is a necessary re-framing of the market if runners are scratched from the final field.
All final field scratchings will incur a deduction to eligible fixed odds bets.
A fixed odds bet is eligible for a deduction if the relevant scratching occurs after the bet has been placed. Any scratchings from before the bet is placed do not impact the bet.
Example: You place a $10 win bet on a horse with fixed odds of $2.50. Any scratchings that occurred before your bet was placed do not apply. However, there are scratchings after you place your bet which incur a total of $0.20 deduction per dollar (20%).

To calculate the payout when your bet wins:
1. $10 stake x $2.50 odds = $25 potential payout
2. $25 potential payout x $0.20 deduction per dollar (20%) = $25 x 0.20 = $5 deducted amount
3. $25 potential payout - $5 deducted amount = $20 actual payout.

Schedule of Deductions

Fixed Odds

Win

3 Places

2 Places

1.01

76

26

40

1.02

75

26

40

1.03

75

26

40

1.04

73

26

40

1.05

73

26

40

1.06

73

26

40

1.07

73

26

40

1.08

72

26

40

1.09

72

26

40

1.1

72

26

40

1.12

71

26

40

1.14

71

26

40

1.16

71

26

40

1.18

69

26

40

1.2

69

26

39

1.22

67

26

39

1.24

65

26

38

1.25

65

26

38

1.26

65

26

38

1.28

65

26

38

1.3

65

26

38

1.35

62

26

38

1.4

60

25

37

1.45

56

25

37

1.5

55

25

37

1.55

53

24

36

1.6

51

24

36

1.65

49

24

35

1.7

47

24

34

1.75

46

23

34

1.8

45

23

34

1.85

44

23

33

1.9

43

23

33

1.95

41

22

32

2

40

22

32

2.05

40

22

32

2.1

39

22

31

2.15

37

21

31

2.2

36

21

30

2.25

36

21

30

2.3

35

21

29

2.35

34

21

29

2.4

33

20

29

2.45

31

20

28

2.5

31

20

28

2.6

30

19

27

2.7

29

19

27

2.8

28

18

26

2.9

27

18

25

3

26

18

25

3.1

25

17

24

3.2

24

17

23

3.3

23

16

22

3.4

22

16

22

3.5

22

16

22

3.6

21

15

21

3.7

20

15

21

3.8

20

15

20

3.9

19

14

20

4

19

14

20

4.2

18

14

19

4.4

18

14

19

4.5

18

14

19

4.6

16

14

18

4.8

15

13

17

5

15

13

17

5.5

13

12

15

6

12

12

15

6.5

11

11

14

7

10

10

13

7.5

9

9

12

8

8

8

11

8.5

8

8

11

9

7

7

10

9.5

7

7

10

10

6

6

8

11

5

5

7

12

5

5

7

13

4

4

6

14

4

4

6

15

3

3

4

16

3

3

4

17

3

3

4

18

2

2

3

19

2

2

3

20

2

2

3

21

2

2

3

22

2

2

3

23

2

2

3

26

2

2

3

27

2

2

2

31

 

 

 

34

 

 

 

35

 

 

 

41

 

 

 

46

 

 

 

51

 

 

 

61

 

 

 

67

 

 

 

71

 

 

 

81

 

 

 

91

 

 

 

101

 

 

 

126

 

 

 

151

 

 

 

201

 

 

 

251

 

 

 

301

 

 

 

501

 

 

 

1001

 

 

 

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