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Exotics

Racing Exotics often payout on a different tote depending on the type of bet and the State the track is located in. 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

UBet

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

 

Top Tote Plus

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

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.

Top Fluctuation

Top Fluc wagers are the top bookmaker’s odds offered on a specified runner. Wagers placed at Top Fluc are guaranteed to be paid at the top official on-course bookmaker’s 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.

Starting Price

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.

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.

Why are deductions applied?

Deductions are an industry-wide feature of fixed odds racing dictated by the stewards and are applied as a deduction (of cents in the dollar) to the face value of the ticket. It is a necessary re-framing of the market if horses/greyhounds are scratched from the final field.

What Bets get deductions?

All fixed odds racing (Gallops, Harness and Greyhounds) bets may be subject to deductions after a placement of a fixed odds bet. In all racing markets, any scratchings that occur after the final field has been declared are classed as late scratchings.

What is a late scratching?

For scratchings that occur prior to the opening of an official on course market (usually available 25 minutes prior to the official race start time) Sportsbet.com.au will apply a deduction. Official deductions (as declared by the Stewards) will only apply for late scratchings that occur after the official on course market is open.

What is the Final Field?

Final Field comprises the final acceptors as advised by the controlling Race Club. All bets struck prior to the Final Field being declared are accepted on an ALL-IN basis (i.e. no refunds for non-runners and no deductions from any other runner.) Bets struck after the final field is declared are eligible for a full refund on scratched horses or greyhounds and deductions will apply to remaining runners.

 How are deductions calculated?

Say you place a $10 bet on a horse with fixed odds of $2.50. There was a late scratching and there was a 36c deduction per dollar. To calculate the payout:

$10 stake x $2.50 odds = $25 face value of ticket (this is what you would have been paid if there were no deductions)

$25 face value of the ticket x 36c deductions per dollar = $9 deducted amount

$25 face value of ticket - $9 deducted amount = $16 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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