To win, all four selections must place in each race. We recommend Sportsbet for the best horse racing bet types. They both have to win their race for you to successfully win your bet. Double dividends are calculated by the amount of total money in the pool at race end. A dividend is then declared after the race is run. The Running Double requires you to correctly select the winners of any two consecutive races at the one race meeting e.
Race 2 winner and Race 3 winner. Running doubles are available across the board and can often through up a good dividend if you think outside the box. A Treble involves picking the winner of three separate races. The first bet returns are rolled over to the second bet, then the second bet returns are rolled over to the third bet. Each of the three selections must win for your bet to be successful.
Selecting three winners can accumulate into a large dividend if bet with value in mind. All three bets have to win for your bet to be successful. Also known as an Accumulator or Parlay. An All Up allows you to select one or more runners to win or place on different races and all of your selections are required to be successful for the All Up to win.
The payout is worked out by multiplying your initial stake amount by the odds for each of your selections. Assuming all runners win All up betting allows you to win a large amount of money for a very small outlay if you select wisely. Most bookies allow you to have all up bets over different meetings across different race codes, including Harness racing and Greyhounds. Another form of Multi-bet is the Parlay, which is a set number of combinations where all are required to win for you to be successful.
Each Parlay has a set number of legs but when you select a Parlay, you are choosing all possible combinations of Multi-bets for that number of legs. In addition, some Parlays also include single bets on each selection or leg. The key advantage of a Parlay over a standard multi is that if some of your legs are successful, then you will still win a dividend based upon the amount of successful combinations you chose. Same Race Multi is an exciting bet type available at Sportsbet.
It allows you to pick multiple runners to Win, or finish within the Top 2, 3 or 4 in a race. The Same Race Multi bet affords you greater flexibility with your betting, No longer do you have to finish in the top 3 to receive a return on your bet. Whatever your bet choice, always remember to gamble responsibly and never bet more than you can afford to lose.
The following horse racing info explains more about betting on Australian thoroughbred racing. Betting Guide - If your new to racing then we recommend reading our Betting Guide to learn more about the intricacies of online betting. Multiple Betting - For more information on how multi betting works, visit our Multiple Betting page which explains things in more detail. Learn how to choose an online bookmaker, open an account, deposit funds, place a bet and collect your winnings.
Find out how bookmaker percentages allow bookies to frame a betting market to gain an edge over punters. What are the different types of racing bets? Learn about the most common horse racing bet types available in Australia. Looking for racing terminology, lingo or slang?
Our horse racing glossary explains common terms and sayings. What is the shortest distance a horse can win by? Horse racing winning margins and distances explained. Sportsbet is one of Australia's biggest online bookmakers. They offer best of three Australian TABs or Starting Price for horse racing plus fantastic betting products for members.
Sportsbet is an official wagering partner of Victorian racing. Unibet offers a top racing product with excellent fixed priced odds and unique member promotions. Punters can enjoy more than competitive odds for racing, while racehorse owners can are well catered for too.
Horse Racing Bet Types A comprehensive guide to Australian horse racing bet types including win, place, doubles, quinella, trifecta, quadrella, and parlay betting types. How do you bet Each-Way? Is Starting Price or Fixed Odds better? What are the different types of Exotic bets? How do boxed Trifectas work? What is an Exotic Multi Bet? Are All Up Bets and Accumulators the same? But remember, the more legs you include the more legs you will be required to win, so showing some restraint can be a good thing The legs of a Multi will be worked out chronologically.
In other words, they are worked out by the order in which each event results, not the order in which they appear in your pending bet, which is based upon the order you added them to your bet slip. So if the second leg of your bet is the first to result, that will be considered the first leg in your bet.
Multi legs will be considered 'Pending' until they have resulted, meaning the event has concluded and the leg has either won or lost. They will remain in your pending bets section until a leg loses at which point they will be moved to the Resulted bets sections or all legs have been completed and won.
Once the outcome has resulted the leg will be show up in your bet history as either 'Won' or 'Lost'. Multi Bets will payout if the punter is successful in every leg of their multi. As an accumulating bet type, the payout will grow with each additional leg.
However, to see any returns the punter will need the final leg to be successful. Some bookies have limitations on the amount they will pay out off a single bet so for those chasing lottery-style windfalls it can pay to be aware of them.
The difference between taking a Multi aka All-Up or Accumulator with a corporate bookie against a parlay with the TAB is that corporate bookies allow you to include many more legs in your bet. The TAB caps parlays to 5 legs, whereas bookies allow you to include many more legs as explained above, Sportsbet allow for 25 selections! Obviously a 5-leg parlay still allows you to scoop up some great loot if successful, but the ability to include more legs can lead to some huge windfalls.
It also means you can play it safer by throwing in more selections at short odds, which will naturally have a much higher chance of saluting.
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