The TAB has a very handy ONLINE BET CALCULATOR to help you work out the cost of your bets, but we’ve included a few calculations here to get you started.
Ever wondered ‘what's a roving banker?’ 'how do I calculate a quinella?' 'what does each way mean?' ‘how much will a box trifecta cost?’ or 'how do I bet on the first four?' This guide will help.
WIN: The selected runner must be declared FIRST after correct weight.
PLACE: There are three place dividends available in races with eight runners of more (prior to late scratchings). The runner must be declared FIRST, SECOND or THIRD to collect the PLACE dividend. In a field of less than eight horses, PLACE is only available on the FIRST and SECOND runners. With less than four runners, no place is available.
EACH WAY: The selected runner must finish FIRST, SECOND or THIRD. If the selection wins, return will be both the WIN and PLACE dividends.
QUINELLA: Two or more selected runners must finish FIRST and SECOND.
BOX QUINELLA: Three or more runners to finish either FIRST and SECOND in any order.
ROVING BANKER QUINELLA: One runner (banker) MUST finish FIRST or SECOND, with two or more runners to fill the other placing.
BOX QUINELLA Cost Calculator ($1 investment):
3 Selections - $3.00 4 Selections - $6.00 5 Selections - $10.00 6 Selections - $15.00
7 Selections - $21.00 8 Selections - $28.00 9 Selections - $36.00 10 Selections - $55.00
EXACTA: Two selected runners to finish FIRST and SECOND in finishing order.
BOX EXACTA: Three or more runners, two of which must finish FIRST and SECOND in any order.
STANDOUT EXACTA: One runner to finish FIRST and two or more runners to finish SECOND.
ROVING BANKER EXACTA: One runner (banker) to finish FIRST or SECOND with two or more runners to fill the other placing.
BOX EXACTA Cost Calculator ($1 investment):
3 Selections - $6.00 4 Selections - $12.00 5 Selections - $20.00 6 Selections - $30.00
7 Selections - $42.00 8 Selections - $56.00
TRIFECTA: Selected runners to finish FIRST, SECOND and THIRD in finishing order.
BOX TRIFECTA: Three or more runners to finish FIRST, SECOND and THIRD in any order.
STANDOUT TRIFECTA: One runner to finish FIRST, two or more runners to finish SECOND and THIRD.
MULTIPLE TRIFECTA: Two or more runners to finish FIRST, with two or more runners to fill the placings.
ROVING BANKER TRIFECTA: One runner which must finish either FIRST, SECOND or THIRD with two or more other runners to fill the other placings.
BOX TRIFECTA Cost Calculator ($1 investment):
3 Selections - $6.00 4 Selections - $24.00 5 Selections - $60.00 6 Selections - $120.00
7 Selections - $210.00 8 Selections - $336.00 9 Selections- $504.00 10 Selections-$720.00
MULTIPLE TRIFECTA Cost Calculator ($1): Including 1st selections for 2nd & 3rd
2 X 3 X 3 - $4.00 2 X 3 X 4 - $8.00 2 X 3 X 5 - $12.00 2 X 3 X 6 - $16.00
2 X 4 X 4 - $12.00 2 X 4 X 5 -$18.00 2 X 4 X 6 - $24.00 2 X 4 X 7 - $30.00
2 X 5 X 5 - $24.00 2 X 5 X 6 - $32.00 2 X 5 X 7 - $40.00 2 X 5 X 8 - $48.00
2 X 6 X 6 - $40.00 2 X 6 X 7 - $50.00 2 X 6 X 8 - $60.00 3 X 4 X 4 - $18.00
3 X 5 X 5 - $36.00 3 X 6 X 6 - $60.00 4 X 5 X 5 - $48.00 4 X 6 X 6 - $80.00
ROVING BANKER (QUINELLA, EXACTA, DUET, TRIFECTA): The selected banker(s) must finish in the placings with any combination of the other selections.
RUNNING DOUBLE: One or more selected runners to finish FIRST in two consecutive races. Cost Calculator: Multiply the number of selected runners in each leg. e.g.: 3 X 3 = 9 combinations: cost is $9 per $1 invested.
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