Like fixed price multis, Tote exotics like Quaddies, Trifectas and First4s offer punters the chance to win sizeable dividends whilst choosing their level of investment.
What exactly is Tote betting? It has a fancy French name – parimutuel betting – and simply means that all money wagered on an event is pooled together and distributed to winning customers depending on the outcome of an event. That explains the name, but what about the products?
One of the best ways to get into the Tote is to place an ‘Exotic’ bet. There are plenty of them – from Any2s to Exactas to Quaddies and more. Not only are Exotics a great way to test your punting knowledge, but the prize pools on offer are an obvious incentive when it comes to potentially increasing your return. They can be tough to predict but will often return higher dividends than standard fixed price markets.
The popularity of Exotic bets means Tote pools swell accordingly, with the odds fluctuating depending on the number of bets placed and the final dividends only decided once the event starts and the betting markets close.
It’s all part of the thrill of Tote betting, where Exotics paid out big dividends on the 2015 Melbourne Cup – including $10,678 for the Trifecta, $202,748 for the First4 and a massive $903,911 on the Quaddie!
You can place a Standard Trifecta simply by selecting the runners you think will finish first, second and third in the correct order.
A Boxed Trifecta means that your runners can finish in any order and gives you more possible combinations to win. You can box as many runners as you like and by doing so, you cover all possible combinations involving those runners. The cost of a trifecta is dependent on the number of combinations you settle on, so if you ‘box’ your trifecta or as you include more runners the price for 100% of the dividend will rise.
Just remember, Trifecta prices on the Tote are approximate and subject to change before the betting markets close.
When it comes to great odds, look no further than a First4. Like a trifecta, the First4 is dependent on correctly picking the finishing order of a single racing event, but this time it’s the first four across the finish line. Select the first, second, third and fourth place getters in the correct order to win.
You can grab a Standard First4 and pick the first four place getters past the post in the order you think they’ll finish, nominating as many runners as you like for each placing.
A Boxed First4 means you can pick as many runners as you like. As long as any four of your selections finish first, second, third and fourth, you’ll collect.
Place a Quinella by selecting the first and second place getters in any order.
Again, you can select as many runners as you like, but the more combinations you cover, the greater the cost for 100% of the dividend.
To win an Exacta bet, you need to select the first and second place getters in the correct order. You can choose between a Standard Exacta and a Boxed Exacta.
For a Standard Exacta, simply choose the first two place getters past the post in correct order. For a Boxed Exacta, you can choose as many runners as you like. If any two of your selections finish first and second, you’ll collect the Exacta dividend.
Exacta bets are available on every race, provided there are at least three or more runners in the field.
To win an Any2 bet, simply select two runners that place first, second or third in any order. You can choose between a Boxed Any2 and a Banker Any2.
With a Boxed Any2, choose two of the first three place getters past the post, in any order, from two or more selections. The more runners you Box in an Any2, the more combinations you get. As long as two selections finish first, second or third, you’ll collect the Any2 dividend.
If you are very confident that one particular runner will run a place, then a Banker Any2 is ideal. Your Banker is the runner you feel confident will finish first, second or third.
Providing your Banker places, your remaining ‘other’ selections can finish first, second or third alongside your Banker for you to win the Any2. The more ‘other’ selections you take, the more combinations you get.
An Any2 bet is available at every meeting where there are eight or more runners.
Mystery Bets are offered as a Trifecta, with UBET picking three horses at random, including two of the five most backed runners at the time of purchase. You can choose between a Standard Mystery Bet and a Boxed Mystery Bet.
A Standard Mystery Bet means your selections must fill the first three placings in the correct order. A Boxed Mystery Bet means your selections must fill the first three placings in any order for you to win.
A Feature Race Pack is a great way to maximise your investment – pick four horses for multiple ways to win! A $20 stake will get you a 25% bet on a First4, a 25% bet on a Trifecta, $1 to Win on all four selections and $1 to Place on all four selections. $50 and $100 stake options are also available.
To win a Quadrella (or ‘Quaddie’ for short), you need to select the winners of four nominated races, typically the last four races of the day at a particular track. You can select as many runners in each race as you like but like all exotic bet types, the more combinations you take, the greater the cost for 100% of the dividend.
Placing a Quaddie is easy. Simply click on the race you’d like to bet on and navigate to the Quadrella column. You’ll see four races grouped together – these are the legs of your Quaddie.
Click on the group of races you’d like to bet on, then select your runners for each leg.
Once you’ve selected your runners in each leg, simply add your Quaddie to your Bet Slip and you’re done. It’s as simple as that!
If you’re in a UBET outlet or PubTAB, find the Quadrella ticket and fill out your selections using the form guides provided or info screens.