What are Deductions & How do they Work?

What are deductions?

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.

All Fixed Odds racing (Thoroughbred, Harness and Greyhounds) Bets may be subject to deductions when there is a scratching after you Place a Bet. Deductions apply to all runners including emergencies.


Why are deductions applied?

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.


Where can I see deductions?

You can see deduction amounts on the bottom of the race card with the scratchings, as well as on your bet if you have received winnings affected by deductions like below.

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What bet types may be subject to deductions?

All Fixed Odds racing (Thoroughbred, Harness and Greyhounds) Bets may be subject to deductions when there is a scratching after you Place a Bet.

Deductions applies to all runners including emergencies.


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 much of a deduction is applied to my bet?

Schedule of deductions are a guide only. Actual deductions may differ from this schedule.

For Australian Thoroughbred racing deductions apply to ALL runners, including emergencies.

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

 

 

 

See the schedule of deductions for full information.

 

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