This website is operated independently by Melbourne Track Report and not by any official racing organisation. While care is taken to provide accurate information, Melbourne & Sydney Track Report accepts no responsibility for any errors or omissions in the information at this website. Is gambling a problem for you? Call gamblers help on 1800 858 858 or contact your local gambling support services. © Melbourne Track Report 2012 | Partners of australianracingreport.com | About Us | Contact Us | Home | Disclaimer
Flexibet is available on most bet types at Sportsbet, including:
Quinella
Exacta
Trifecta
Lucky Loser
First 4
Quaddies, Doubles & Super 6 bets.
Q. How does Flexi-Betting work?
A. The amount you invest is calculated as a percentage of the full dollar dividend.
Example: a boxed First 4 with 5 runners costs $120 to receive 100% of the dividend. If you invest $30, your percentage is 25% of the dividend.
LUCKY LOSER - available on Melbourne thoroughbred racing every Saturday and feature race days, only from Sportsbet. Select one horse in each race on the card that will not return a dividend.
The Lucky Loser market is specially created by Sportsbet, multiply the odds available on your selection in each leg to determine your dividend. The less likely it is to run a place, the shorter the odds will be. The best way to maximise your return is to identify the favourites on the card that you think will not run a place.
Go to www.sportsbet.com.au to find out more.
Accumulator Bets - combine 3 or more selections from different racing and sports events and cover all the combinations of Win, Doubles, Trebles and Parlay (any four or more selections in different events). Once you have added three more selections to your Sportsbet bet slip, your multiple bet options automatically appear.
Patent - 7 bets covering 3 selections in different events: 3 Win bets, 3 Doubles, 1 Treble.
Example: A $5 Patent on 3 selections would cost $35.00, at least 1 selection must win to earn a return - Collingwood @ $6.00, So You Think @ $6.00 and Liverpool @ $6.00.
Cost Calculator: 3 x Win @ $5 = $15.00, 3 x Doubles @ $5 = $15.00, 1 x Treble @ $5 = $5.00. Total Cost = $35.00.
In this example, any one winner returns $30 (1 Win), two winners return $240 (1 Double, 2 Wins), all three winners return $1,710.
Trixie - 4 bets covering 3 selections in different events: 3 Doubles, 1 Treble.
Yankee - 11 bets covering 4 selections: 6 Doubles, 4 Trebles, 1 Four Parlay.
Lucky 15 - 15 bets covering 4 selections: 4 Win bets, 6 Doubles, 4 Trebles, 1 Four Parlay.
Super Yankee - 26 bets covering 5 selections: 10 Doubles, 10 Trebles, 5 Four Parlay, 1 Five Parlay.
Lucky 31 - 31 bets covering 5 selections: 5 Win bets, 10 Doubles, 10 Trebles, 5 Four Parlay, 1 Five Parlay.
Heinz - 57 bets covering 6 selections: 15 Doubles, 20 Trebles, 15 Four Parlay, 6 Five Parlay, 1 Six Parlay.
Lucky 63 - 63 bets covering 6 selections: 6 Win bets, 15 Doubles, 20 Trebles, 15 Four Parlay, 6 Five Parlay, 1 Six Parlay
Super Heinz - 120 bets covering 7 selections: 21 Doubles, 35 Trebles, 35 Four Parlay, 21 Five Parlay, 7 Six Parlay, 1 Seven Parlay.
Goliath - 247 bets covering 8 selections: 28 Doubles, 56 Trebles, 70 Four Parlay, 56 Five Parlay, 28 Six Parlay, 8 Seven Parlay, 1 Eight Parlay.
Go to www.sportsbet.com.au to find out more.
WIN - If you are betting with a bookmaker online, on course or betting with the TAB, the simplest and most popular way to bet is for the WIN. There are several ways to place your WIN bet with Sportsbet:
City/Country Best: Bet online with Sportsbet.com.au to receive the best dividend of the three Australian TAB's (Tote) or the Starting Price (SP), whichever is bigger. If the odds on a winner in Melbourne were longest with the New South Wales TAB, those are the odds you receive. Available on all city meetings in Melbourne, Sydney, Brisbane, Adelaide & Perth, country meetings and New Zealand.
Fixed Odds: Available days, weeks or months in advance on all feature races (such as the Melbourne Cup) and up to approximately 20 minutes before the advertised race start time. You receive the odds available at the time you bet regardless of any betting fluctuations.
Top Fluc: wagers will be paid at the highest official bookmakers fluctuation. Available at Sportsbet on Saturdays for Melbourne, Sydney, Brisbane & Adelaide, bets must be placed early.
Starting Price (SP): the official on-course bookmakers dividends declared at the end of betting.
What is a Quinella? How much does a Trifecta cost? How do I bet on a First Four? How many bets in a Yankee? All Australian bet types & cost calculators explained....
QUINELLA - Choose two or more runners to finish 1st & 2nd in any order.With three or more runners, your selections are BOXED. Sportsbet offers Quinella betting online for Australian Horse, Harness & Greyound racing. They pay the home tote dividend PLUS 5% extra added to the dividend for all Saturday horse racing in Melbourne, Sydney, Adelaide & Brisbane, plus special feature days.
Quinella Calculator ($1): 3 runners - $3 | 4 runners - $6 | 5 runners - $10 | 6 runners - $15 |
7 runners - $21 | 8 runners - $28| 9 runners - $36 | 10 runners - $45 | 11 runners - $55
EXACTA - two or more runners to finish 1st & 2nd in exact order. You can choose one runner to win (Standout) and any number of selections to finish 2nd, or you can box your selections to finish in any order.
Box Exacta Calculator ($1) : 3 runners - $6 | 4 runners - $12 | 5 runners - $20 | 6 runners - $30 |
7 runners - $42 | 8 runners - $56 | 9 runners - $72 | 10 runners - $90 | 11 runners - $110
Flexi-betting gives you a percentage of the full dividend and is available on all Quinella & Exacta wagers with Sportsbet.
PLACE / EACH-WAY - Place dividend is paid if the runner finishes 1st, 2nd or 3rd. Pays approximately 25% of the win dividend. If you back your runner Each Way and it wins you will receive the WIN & PLACE dividend or the PLACE dividend only if it runs second or third.
Sportsbet offer Each-Way betting on all Australian Horse, Harness & Greyhound racing every day.
TREBLE - pick the winners of three consecutive nominated races. Available on all Australian thoroughbred racing, Sportsbet pays the Unitab dividend. Select one or more runners in each race, Flexi-Betting is available.
Treble cost calculator ($1): Multiply your selections in each leg. Eg: 2x2x3 = $12
QUADDIE - pick the winners of four consecutive nominated races. Available on all Australian thoroughbred racing, Sportsbet pays the home tote dividend, including Jackpots. Select more than one runner in each leg for a Standard Quaddie, Flexi-Betting is available.
Quaddie cost calculator ($1): Multiply your selections in each leg. Eg: 2x2x3x3 = $36
Turbo Quaddie - only from Sportsbet: select one runner in each leg, if successful you receive the best of the NSW or VIC TAB dividends.
SUPER6 - you've heard about the huge dividends available from the NSW & VIC TAB Big 6 - Sportsbet matches this offer with Super 6 every Saturday! No matter where in Australia you live, if you pick 5 or 6 winners in the nominated Big 6 races, you get a matched dividend from Sportsbet. Flexi Betting is available and you can nominate more than one runner in each leg.
Super6 (Big6) cost calculator ($1): Multiply your selections eg: 2x2x1x3x2x4 = $96
DOUBLES - pick the winners of two selected races.
Daily Double (winners of two non-consecutive races) & Running Double (winners of two consecutive races). Select one or more runners in each race, Sportsbet pays the home tote dividend. You can assess the approximate dividend by multiplying the odds of each winner, but the actual return depends on the number of live tickets in the pool.
Double Calculator ($1): Multiply your selections in each leg. Eg: 2 x 3 = $6
Flexi-Betting is available from Sportsbet, invest less than the $1 cost to receive a reduced percentage.
Turbo Double: the best double dividend from the NSW or VIC TAB for Australian Thoroughbred racing. Select one horse only in each leg.
Feature Doubles: select the winners of two special event races such as the Caulfield Cup and the Melbourne Cup. Odds can be available up to several weeks ahead of the final field being nominated, and betting is all in (no refunds if your selections do not start.) Can offer very good odds due to the higher risk, but the earlier you bet the better the odds you receive.
FIRST FOUR - Select the 1st, 2nd, 3rd & 4th placegetters. Can be in order (1,2,3,4), Standout (one horse to win only), Multiple or Boxed. Sportsbet offers online First Four betting for selected Australian Thoroughbred meetings. They pay the home tote dividend PLUS 5% extra added to the dividend for all Saturday thoroughbred racing in Melbourne, Sydney, Adelaide & Brisbane.
Box First Four Calculator ($1): 4 runners - $24 | 5 runners - $120 | 6 runners - $360 | 7 runners - $840 |
8 runners - $1680 | 9 runners - $3024
Standout (one runner to win) First Four ($1): + 3 runners - $6 | + 4 runners - $24 | + 5 runners - $60 |
+ 6 runners - $120 | + 7 runners - $210 | + 8 runners - $336 | + 9 runners - $504
Multiple First Four Calculator: use this formula to calculate the cost of a First Four bet. In this example, you are including your first selections for second plus two more runners, and your second selections plus one more runner for third and fourth. Simply multiply the number of horses selected for first by the number for second minus 1, then multiply by the number of third selections minus two, and the number of fourth selections minus 3.
Eg: A & B for 1st, A & B & C & D for 2nd, A & B & C & D & E for 3rd, A & B & C & D & E for fourth - the cost formula is 2 x 3 x 3 x 2 = $36
Flexi-Betting is available from Sportsbet, invest less than the $1 cost to receive a reduced percentage.
TRIFECTA – with a much higher dividend than Win & Place or Quinella, Trifecta is paid on the first three horses to cross the line. Can be in order (1,2,3), Standout (one horse to win only), Multiple or Boxed. Sportsbet offers online Trifecta betting for all Australian Thoroughbred meetings. They pay the home tote dividend PLUS 5% extra added to the dividend for all Saturday thoroughbred racing in Melbourne, Sydney, Adelaide & Brisbane.
Box Trifecta Calculator ($1): 3 runners - $6 | 4 runners - $24 | 5 runners - $60 | 6 runners - $120 |
7 runners - $210 | 8 runners - $336 | 9 runners - $504 | 10 runners - $720| 11 runners - $990
Standout (one runner to win) Trifecta ($1): + 3 runners - $6 | + 4 runners - $12 | + 5 runners - $20 |
+ 6 runners - $30 | + 7 runners $42 | + 8 runners - $56 | + 9 runners - $72 | + 10 runners - $90
Multiple Trifecta Calculator: use this formula to calculate the cost of a Trifecta bet. In this example, you are including your first selections plus one more runner for second and your second selections plus two more runners for third. Simply multiply the number of horses selected for first by the number for second minus 1, then multiply by the number of 3rd selections minus two.
Eg: A & B for 1st, A & B & C for 2nd, A & B & C & D & E for 3rd - the cost formula is 2 x 2 x 3 = $12
Flexi-Betting is available from Sportsbet, invest less than the $1 cost to receive a reduced percentage.
How to bet on horse racing including the Melbourne Cup – Win, Place, Quinella, Trifecta, First Four, Quaddie, Doubles, Treble, Trixie, Yankee, Patent, Lucky 15, Lucky 31, Heinz, Super Heinz explained. TAB Bet types, calculators & methods. Melbourne Track Report offers Racing Futures and Early Betting Markets including the Melbourne Cup, Caulfield Cup, Cox Plate, Melbourne Cup Carnival, Spring Carnival, Autumn Carnival, Sydney Racing Carnival, Golden Slipper, Australian Cup, Victoria Derby, Crown Oaks, Doncaster Hcp, Emirates Stakes. Why bet with the TAB when you can bet online on the website or mobile with a Sportsbet account. Sportsbet.com.au $250 Free Bet Bonus, open your account here.
