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Help on Bet types

The TAB offers a huge variety of bet types to cover all tastes and skill levels – from Easybets for the novice punter to All Up,  Poker and Multi for our more experienced punters.

The minimum bet amount is $1 if you are betting online. For percentage betting, the minimum cost is the greater of $5 or 5% of the combinations marked.

You can find out more about all our bet types by clicking on the options in the menu on the left. See ‘Racing’ or ‘Sports’ for instructions on how to pick your winner and definitions of all the bet types offered.

Minimum bet amount is NZ$1.  - Percentage bet minimum cost is the greater of $5 or 5% of the combinations marked.

Dividends - Under the Racing Act 2003 the New Zealand Racing Board is required to establish the rules and procedures regarding dividend policies. At present dividends are rounded down to the nearest 10 cents.

Win and Place - For a Win/Place bet, choose Each Way and enter a slash between the Win amount and the Place amount
There are a huge variety of bet types to cover all tastes and skill levels !  Here are some of the more popular bet types to get you started

WIN - the winner of the race

PLACE - the runner to finish either 1st, 2nd or 3rd.  Although in some smaller fields, to finish 1st, 2nd only.

EACHWAY - Combines Win and Place on the same runner.  If your runner wins, you collect both the Win and Place dividend.  If your runner finishes 2nd or 3rd, you collect the Place dividend.

QUINELLA - Two runners to finish 1st and 2nd in any order.

BOXED QUINELLA - The easiest and most popular way to take a Quinella.  You pick the 3,4,5 or more runners that you like and by boxing them, you buy all the possible combinations of any runners coming first and second.  The more runners you pick the greater the cost e.g. 3 runners Boxed = $3,4 runners = $6, 5 runners = $10

TRIFECTA - Three runners to finish 1st, 2nd and 3rd in that order.

BOXED TRIFECTA - The easiest and most popular way to take a Trifecta.  You pick the 3,4,5 or more runners that you like, and by boxing them you buy all the possible combinations of any three of them coming 1st, 2nd and 3rd.  The more runners you pick the greater the cost e.g. 3 runners Boxed = $6, 4 runners = $24, 5 runners= $60 at $1 per combination.  However, you can take a 50c (or half) unit.  This halves the cost, and if you're successful you get half the dividend.

DOUBLE - the winners of 2 separate races nominated by the TAB.

TREBLE - the winners of 3 seperate races nominated by the TAB.

PICK 6 - the winner in 6 separate races nominated by the TAB.

SIXPACK - the first six runners in the correct order in one race.

PERCENTAGE BETTING - this allows you to decide how much you want to spend on a bet that involves a number of combinations.  You state that total amount that you wish to spend and the computer spreads this across your combinations.  You bet a percentage of the normal cost and get a percentage of the dividend in return.

FUTURES - a fixed odds bet that is placed prior to the Final Acceptances being taken.  Futures bets are "All In" which means that there are no refunds for scratchings.

FINAL FIELD - a fixed odds bet that is placed after Final Acceptances have been taken.  Scratched runners will be refunded and winning bets placed prior to a scratching may be subject to a deduction.

EASYBET -  The easy way to get your runners for a race. By selecting "Easybet" the TAB computer will choose your runners for you. The computer selects a bet based on where the money is going on a particular event, Easybets are available for Each Way, Quinellas, Trifectas, Pick6 and Six Pack.

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