TAB Bet Types & How To Play!
NOTE: The unit of all TAB horseracing bets is R1. Dividends displayed are the total return for a R1 bet.
WIN – Bet a horse to WIN.
PLACE – Bet a horse to finish FIRST, SECOND or THIRD.
EACHWAY – Combines a Win and Place bet. You collect the Win and Place payouts if the horse bet on finishes FIRST. You get the Place payout if the horse finishes SECOND or THIRD. The same amount is always bet for the Win and the Place. Example: An Eachway bet taken 3 times is a R3 Win & R3 Place = R6.
SWINGER – A great bet! Pick 2 horses in a race and couple them in a Swinger. You win if the 2 horses chosen fill 2 of the first 3 places. There are 3 winning combinations:
1st & 2nd (or 2nd & 1st);
1st & 3rd (or 3rd & 1st);
2nd & 3rd (or 3rd & 2nd).
No payout 3rd & 3rd if deadheat for THIRD.
EXACTA – Bet on the horses to finish FIRST and SECOND in the exact order. Bet 3 different ways:
Single: Choose 1 horse for FIRST and 1 horse for SECOND.
Perm: Choose any number of horses for FIRST and for SECOND.
Box: Choose 2 or more horses. You collect if the horses chosen include the FIRST and SECOND finishers.
DOUBLE – Choose the winners of the 2 consecutive races that comprise the Double (the first of the 2 races in a Double is termed Leg 1; the second is Leg 2). A Double can be taken on all consecutive races – i.e. Races 1 & 2; 2 & 3; 3 & 4 etc.
TRIFECTA – Bet on the horses to finish FIRST, SECOND and THIRD in the exact order.
QUARTET – Bet on the horses to finish FIRST, SECOND, THIRD and FOURTH in the exact order.
There are 4 different ways to bet the Trifecta & Quartet: Single, Multi, Float (Rove) & Box.
A popular Trifecta option is Multi, choosing one horse for FIRST with three or more other horses for SECOND and THIRD. Cost of betting 1 horse for FIRST with:
3 other horses for SECOND & same 3 horses for THIRD: R6
4 other horses for SECOND & same 4 horses for THIRD: R12
5 other horses for SECOND & same 5 horses for THIRD: R20
PICK 6 – Choose the winners of all 6 races that comprise the Pick 6 (Legs 1 to 6) and you can win a fortune! One horse or more can be chosen in each of the 6 races.
JACKPOT – Choose the winners of all 4 races that comprise the Jackpot (Legs 1 to 4). One horse or more can be chosen in each of the 4 races.
PLACE ACCUMULATOR – Choose a horse, or horses, to finish FIRST, SECOND or THIRD in each of the 7 races that comprise the Place Accumulator (Legs 1 to 7). You can win the bet many times. Example: You choose one horse in each of Legs 1 to 4 and two horses in each of Legs 5, 6 and 7. If all choices finish in the first 3, payout is won eight times (1x1x1x1x2x2x2 = 8).
ALL TO COME BET – Choose 1horse in each of 2 to 6 races to win or run a place. All races selected must be at the same race meeting. The minimum amount you can bet is R6.
CALCULATE THE COST – PICK 6, JACKPOT & PLACE ACCUMULATOR Multiply out the total number of choices made for each leg. Example: In a Jackpot you choose four horses in Leg 1; three horses in Leg 2; one horse in Leg 3; two horses in Leg 4. This is 24 combinations x R1 each (4x3x1x2) = R24.
Fractional betting can be used to reduce the cost of all Trifecta, Quartet, Pick 6, Jackpot and Place Accumulator bets. In Jackpot example above, the Jackpot can be played for R12 (half or 50% of the full amount). If you win, you collect half the payout.