Boxed Multi

A Boxed Multi bet provides a quick way of taking a number of "covering bets" consisting of "Any 2", "Any 3" of the selections and so on. These bets have the same base investment as the main bet and you will receive a dividend if for example "Any 2" of your selections come in (subject to Anchors - see below).

e.g. If you place a Multi bet with a $10 base investment and take the four wagers (also known as legs) shown below. If all wagers win, then you would receive a return of $420.

Leg 1 - $1.40
Leg 2 - $2.00
Leg 3 - $3.00
Leg 4 - $5.00

To determine the return, the prices are multiplied together and then multiplied by the base investment (in this case $10 to return $420).

The following shows an example of above bet with "Any 2" and "Any 3" added

The total cost of the bet is $110 with a maximum return of $1604

Note: a Multi can have up to 10 wagers - the more wagers, the more Any levels available - up to Any 9.

EXAMPLE

If wagers 1,2 and 4 came in you would win based on your choice of the following selections:

‘Any two’ –  would strike three of the seven bets placed (six ‘any two’ variations plus the ‘all four’), returning $198 on a $70 investment.

‘Any three’ – would strike one of five bets placed (four ‘any three’ variations plus the ‘all four’), returning $140 on a $50 investment.

Choosing both the ‘any two’ AND ‘any three’ options would strike four of the 11 bets placed, returning $338 on a $110 investment.

Anchors

Anchor selections are available for each wager. If an Anchor is chosen, then all the "Any" bets must contain the Anchor wager. Eg, for 'Any 2', if Anchor is chosen on wagers 1 and 2, then only the first Multi above will be sold (along with the "All 4") for a total cost of $20.

In this case, if wagers 1 and 2 win and nothing else wins, you will receive a dividend. ($28 in this case).

EXAMPLE

If you chose wage 2 as your anchor and ‘any three’ as an option, the bets you are placing are only those featuring that combination – shown below in yellow. Only these combinations are in play, meaning your bet will cost $40 at a maximum return of $664 if all four wagers come in.

Percentage Boxed Multi

If a Percentage Boxed Multi is chosen, the total cost of the bet is amount entered. This is divided by the number of combinations that make up the Boxed Multi rounded to the nearest cent. The minimum amount is $5.

For more information click here.

Maximum Return

There is a limit of $500,000 that can be won from Boxed Multi bets.  It is also important to note that the daily limit that can be won on any given day is $500,000.

For more on this rule, see Rule 12.5 in the TAB Betting Rules.