When placing racing bets on Sportsbet, you will see a selection of different odds offered. Sportsbet offers a variety of different racing odds for members to bet on in their selected race. Below you can find a description of the different 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.
• Tote Betting (Tote) – Tote betting is when all bets placed on an event or race are placed into a pool. The odds of an individual runner is calculated by dividing the total pool (all wagers on all runners) minus any amount the house takes, divided by the amount wagered on that runner.
• Tote (TO) represents the Tote pool.
• Tote+ (TO+) gives you the best of the Tote and the Starting Price (SP) — so you'll get whichever of the two is the better price at settlement of your bet.