You asked: How does a flexi bet work?

Flexi betting enables the number of selections in a bet to be increased without increasing the cost of the bet. … After your bet is processed, the TAB calculates the percentage bet that you have paid for. This percentage is based on what the bet would normally cost if you placed the bet for $1.

How are flexi bets calculated?

If you are successful with a Flexi bet you collect the percentage of the dividend equal to the percentage of the full cost of the bet you placed; that is your Bet Percentage. So, if your Bet Percentage was 25%, you will receive 25% of the dividend. If your Bet Percentage was 150%, you will receive 150% of the dividend.

How does the flexi work on sportsbet?

If you select Flexi Betting when placing your wagers, you simply enter the total amount you wish to invest into the stake box instead of the Unit Stake. You will then receive a percentage of the standard unit based on your total stake.

What is a 1000% Flexi?

A flexi bet is a betting option that allows bettors to bet a percentage (%) of a full betting unit rather than having to pay the full cost of a $1 unit.

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What is a flexi in a trifecta?

Flexi betting allows you to take a Trifecta, First 4 or Quaddie with multiple combinations for a modest, fixed spend amount. It works as follows: Choose the amount you wish to bet. The number of selections you include in your bet will not impact your total.

What is the average trifecta payout?

The average payout of a trifecta is usually around $7,000 during the Kentucky Derby. However, that amount drops significantly once you start looking at other races from around the world. It’s still worth mentioning, however, that you will only spend $2 on a trifecta bet.

How does a quaddie flexi bet work?

Flexi betting allows punters to take a percentage of the full unit (dividend) in keeping with their desired outlay. … The more selections the greater the number of Combos and in turn the more the Quaddie will cost for the full unit (meaning 100% of the final dividend).

How is trifecta payout calculated?

The amount you win is calculated by dividing up the pool of money* that the entire betting community spent on trifectas in a race by the amount of correct $1 bets. Therefore, if you place a $5 Trifecta bet, you’ll have five shares in the winning Trifecta pool.

What is a flexi quaddie?

The Flexi Quaddie allows punters to spend as much as they want on their quaddie bet. Punters can choose to receive from one per cent to 100 per cent of the quaddie payout if they so wish. Those with a higher stake have either chosen less runners per race, or have spent much more than those with a lower percentage.

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How do you calculate a quaddie?

How to calculate a quaddie. A quaddie is an exotic bet type where you must select the winner from 4 nominated races at the one race meet. A quaddie is calculated by multiplying the number of selections in each leg.

How does a trifecta work?

In horse racing or greyhound racing, a Trifecta bet is when you place a bet on the three horses which you think will finish the race first and second and third, in a specific order. If they finish in the correct order you win, and you can win big!

What pays more Trifecta or First 4?

If you boxed the minimal allowable number of horses in a trifecta, and that is three, it would cost you $6. But to box the minimal number in a first 4 you will pay four times as much. … The first 4 is now costing you six times as much, and it will only get worse as you add horses.

How is a quaddie payout calculated?

The amount you win is calculated by dividing up the pool of money* that the entire betting community spent on Quaddie bets by the amount of correct $1 bets.

How do you place a flexi trifecta bet?

How to place a Boxed Trifecta

  1. Select the Race that you want to place your Box/Flexi Trifecta on.
  2. Scroll and Select Trifecta from the Betting Type Options.
  3. Select the Horses that you would like to finish in the top 3 positions These can finish in any order for a resulted winning bet.
  4. Press Bet Now and place your bet.
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How much does the Melbourne Cup Trifecta pay?

The quinella paid $24.10, the exacta paid $72.70, the trifecta paid $436.20 and the first four paid $5413.50, all per Bet365.