The Science of betting - Odds comparison

Horse Racing odds, The Science of betting – Odds comparison

So, you have received your selections from Elite, now it is time to place your bets.

This can be very confronting, not only do you have dozens of bookmakers and TABs to choose from. Each bookmaker has their own type of Horse Racing odds and their own set of bet types/promotions.

These promotions will be made unavailable to you as soon as you start showing disciplined, restrained, and profitable betting habits. So, we can only rely on the main offerings to be there for you long term. These include:

Horse Racing odds, The Science of betting – Odds comparison

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Fixed Odds

When you place a bet using Fixed Odds, it means that price is locked in for your bet, regardless of how the odds change. Fixed Horse Racing odds can be beneficial if the price shortens on the racehorse you bet on. This won’t affect you, as your price is locked in.

Top Tote

Top Tote is the best of the three Totes, “Super TAB”, “NSW TAB” and “Tatts”. You don’t know what odds you are receiving until the actual dividend is be displayed after correct weight is declared

Best Tote and Start Price

This is the best of the three Totes, “Super TAB”, “NSW TAB” and “Tatts”, or Starting Price, whichever is greater. Just like Top Tote, the actual dividend is unknown until after correct weight is declared. Betfair also calls it “Best of 4”.

Starting Price (SP)​

The Starting Price is the average of the on-course bookmakers at the start of each race. The price is not released until after the race.

Top Fluc​

Top Fluc is short for Top Fluctuation. It is the best price recorded from the betting ring during official betting on the race. That period usually starts about 25 minutes before start time. Top Fluc betting is offered by bookmakers up to thirty minutes prior to each race.

Best of 5

This is offered by Betfair Australia. The Best of 5 product is available at selected major Saturday meets and includes the Best of 4 plus the Betfair Exchange Starting Price, whichever is greater.

BOB

“Best of the Best” is available through a few bookmakers. It offers you the greater of the three totes or Top Fluc. Probably the most sought after offering out there.

Can a boxed trifecta finish in any order?

Yes, a boxed trifecta wins if any combination of your selected horses finishes first, second, and third. You are betting on every possible permutation of those runners, meaning the finishing order does not matter. The trade-off for this flexibility is

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What is a same race multi bet?

In the context of professional punting, a same race multi involves combining multiple selections within a single event, typically through exotics like Exactas, Trifectas, and First Fours. These bets target the top finishers of a race to increase the potential

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What is a quaddie?

A quaddie is an exotic bet where the punter must successfully pick the winner of the final four races on a race meeting’s card. It is a high-risk, high-reward bet that requires hitting four consecutive winners to collect a dividend.

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How does a boxed trifecta work?

A boxed trifecta is an exotic bet where you select a group of horses to finish in the top three positions in any order. You win the bet if any combination of your chosen runners crosses the line first, second,

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What is a multi in horse racing?

In horse racing, a multi—specifically an exotic multi like an Exacta, Trifecta, or First Four—is a bet that combines multiple selections to predict the finishing order of a race. Punters use these to cover various combinations of runners, increasing their

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