Tab Bet Types

Betting online at tab.com.au A TAB Multi placed online can be made up of between a minimum of two (2) and a maximum of ten (10) different fixed odds sport or racing options. Each of these is referred to as a leg with one selection required for each leg. Sport and racing fixed odds options are now permitted in the same Multi. The 'Rest of the match' bet is offered only for live events. It refers to the result of the rest of the match, calculated from the moment of bet placement. That means that we imagine the score at the moment of bet placement is 0:0. For the settlement of the bet, only goals that are scored after the moment of bet placement are relevant.

Single

A Single is a bet on 1 selection in one event. Your selection must be successful to get a return.

Each Way

You bet on a horse to Win or be Placed. However the term “Placed” can vary depending on the type of race and the number of runners: The place portion of this bet pays out at 1/4 of the win odds. A £1 unit stake Each Way bet would cost £2 (£1 to win + £1 to place). For example, if the horse wins at odds of 8/1 the £1 win portion of the stake is multiplied by 8 and returned with the original £1 win betting stake paying out £9, just like a normal ‘Single’. And the £1 place portion of the betting stake is multiplied by 1/4 of the odds, so 8/1 becomes 2/1, with the original £1 place betting stake paying out £3 – thus total winnings of £12. But If your horse finishes in second, third or fourth the £1 win portion of the stake is lost and ONLY the £1 place part of the betting stake is multiplied by 1/4 of the odds, resulting in total winnings of £3.

Number of Placed Positions

  • 2 to 4 runners = each way betting does not apply
  • 5 to 7 runners = first two places pay out
  • 8 or more runners = first three places pay out
  • 16 or more in a handicap = first four places pay out

Accumulators

Also called a ‘Roll-Up’ or ‘Acca’. One bet requiring any number of selections but all the selections must win to have a return. The winnings are calculated by placing all the money on the first selection, then the winnings from that bet is placed on the next bet, etc.

Doubles, Trebles, Four-Fold Accumulators, etc

A Double is an accumulator of 2 selections, and a Treble is of 3 selections. After that, they are just known as a ‘Four-Fold Accumulator’, ‘Five-Fold Accumulator’, etc…

Bet

Trixie

A Trixie consists of 4 bets involving 3 selections in different events. The bet includes 3 doubles and 1 treble. A minimum of 2 of your selections must be successful to get a return. For example, if your 3 selections were A, B and C, then your 4 bets would be AB, AC, BC, and ABC.

Patent

A Patent consists of 7 bets involving 3 selections in different events. The bet includes a single on each selection, plus 3 doubles and 1 treble. Just one successful selection guarantees a return. For example, if your 3 selections were A, B, and C, then your 7 bets would be A, B, C, AB, AC, BC, and ABC.

Yankee

A Yankee consists of 11 bets involving 4 selections in different events. The bet includes 6 doubles, 4 trebles, and an accumulator. A minimum of 2 of your selections must be successful to get a return. For example, if your 4 selections were A, B, C, and D, then your 11 bets would be AB, AC, AC, BC, BD, CD, ABC, ABD, BCD, ACD and a Four-Fold accumulator ABCD.

Lucky 15

A Lucky 15 consists of 15 bets involving 4 selections in different events. The bet includes 4 singles, 6 doubles, 4 trebles, and 1 four-fold. If only one selection wins, as a consolation returns are paid to treble the odds. If all four selections win, a bonus of 20% is added to total returns. For the bonus to apply, all selections must win (does not apply to void or non-runners). If only one of the selections wins, you receive treble the odds. For each-way bets the consolation is paid only on the win part of the bet. Lucky 15 bets are accepted on horse racing, greyhounds only and correct scores.

Canadian

A Canadian (also known as a Super Yankee) consists of 26 bets involving 5 selections in different events. The bet includes 10 doubles, 10 trebles, 5 four-folds plus an accumulator. A minimum of 2 of your selections must be successful to get a return.

Lucky 31

A Lucky 31 consists of 31 bets involving 5 selections in different events. The bets include 5 singles, 10 doubles, 10 trebles, 5 four-folds and a five-fold accumulator. If only one selection wins, returns are paid to four times the odds. If four of the selections win, a bonus of 15% is added to total returns. If all five selections win, a bonus of 25% is added to total returns. For the bonus to apply, all selections must win (does not apply to void or non-runners). For each-way bets the consolation is paid only on the win part of the bet. Lucky 31 bets are accepted on horse racing, greyhounds only and correct scores.

Heinz

A Heinz consists of 57 bets involving 6 selections in different events. The bet includes 15 doubles, 20 trebles, 15 four-folds, 6 five-folds and a six-fold accumulator. A minimum of 2 of your selections must be successful to get a return.

Lucky 63

A Lucky 63 consists of 63 bets involving 6 selections in different events. The bet includes 6 singles, 15 doubles, 20 trebles, 15 four-folds, 6 five-folds and a six-fold accumulator. If only one selection wins, returns are paid to five times the odds. If five of the selections win, a bonus of 20% is added to total returns. If all six selections win, a bonus of 33% is added to total returns. For the bonus to apply, all selections must win (none void or non-runners). For each-way bets the consolation is paid only on the win part of the bet. Lucky 63 bets are accepted on horse racing, greyhounds and correct scores.

Super Heinz

A Super Heinz consists of 120 bets involving 7 selections in different events. The bet includes 21 doubles, 35 trebles, 35 four-folds, 21 five-folds, 7 six-folds and a seven-fold accumulator. A minimum of 2 of your selections must be successful to get a return.

Goliath

A Goliath consists of 247 bets involving 8 selections in different events. The bet includes 28 doubles, 56 trebles, 70 four-folds, 56 five-folds, 28 six-folds, 8 seven-folds and an eight-fold accumulator. A minimum of 2 of your selections must be successful to get a return.

Straight Forecast

A Straight Forecast involves 2 selections in 1 race finishing 1st and 2nd in the order named.

Reversed Forecast

A Reversed Forecast involves 2 selections in 1 race finishing 1st and 2nd in either order. As such it is two straight forecasts, AB and BA.

Combination Forecasts

Tab Melbourne Cup Bet Types

Combination Forecasts involve 3 or more selections in a race, with any 2 to finish 1st and 2nd in any order.

Straight Tricasts

Tab Bet Types Beat

Straight Tricasts involve 3 selections in a race finishing 1st, 2nd and 3rd in the order named.

Combination Tricasts

Tab Bet Types

Combination Tricasts involve 3 or more selections in a race finishing 1st, 2nd and 3rd in any order.

How To Play The TAB Percentages-Aussieraces.com

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Tab Racing Bet Types


How To Play The Percentages


How well do we know the commission take outs by the TABs for each of the bets types that we invest on? The TABs certainly don’t seem all that keen on focusing on their percentage take outs because only UBET list their deductions on their web site.
To find the NSW TAB’s commission deductions for their bet types you have to dig into the NSW Totalizator Betting Rules (2013) where on page 92 you’ll find them set out. Similarly, you’ll find the Victorian TAB’s commission deductions buried away on page 64 of the Victorian Totalizator Betting Rules (2012).
The TAB commission take outs for the various bet types are important figures because they ultimately determine how much there is left in the pools to be distributed to us in dividends. The commission deductions not only determine the TAB dividends, but now that corporate bookmakers offer dividends based on the totalizator payouts – their dividends as well.

The table below shows the commission deductions of the big three TABs for each bet type -
TAB Commission Deductions For Each Bet Type

Tab Bet Types Crossword Clue


Bet
Type


UBET*


NSW
TAB**


Vic.
TAB***

Win

14.5%

14.5%

14.5%

Place


14.25%


14.25%


14.25%

Quinella


14.75%


17.5%


17.5%

Duet

-

-

14.5%

Any2

14.5%

-

-

Exacta

16.5%

20.0%Evolution live games.

20.0%

Trifecta

21.0%

21.0%

20.0%

First Four

22.5%

22.5%

22.5%

Doubles

17.0%

20.0%

20.0%

Quadrella

20.0%

20.0%

20.0%

Big 6

-

-

25.0%

Sources : * UBET Web Site **NSW Totalisator Betting Rules November 2013
*** Vic. Totalisator Betting Rules November 2012

The percentages highlighted in green are lower than their competitors’ deductions and they offer us real opportunities as punters. For example, with respect to quinellas, UBET’s take out is only 14.75% compared to 17.5% for the other TABs. With such a significant difference in the percentage deductions, over the long term any punter should get better returns by placing all his quinellas with UBET. The same applies to taking exactas and doubles with UBET. Similarly, the Victorian TAB has a lower percentage take out for trifectas than its rivals and taking all your trifectas with the Victorian TAB should also give better returns over the long term.

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