Flexi bet

Flexi betting. A Flexi betting allows the player to place a exotic bet with an unlimited number of selections, for a bet flexi bet determined by you.

Flexi bets can be used in combination with exotic horse racing bet types like trifectas, quadrellas, and first four bets. Flexi bets are only available for pari-mutuel bets where the total betting pool is split amongst winning bets. The flexi betting option allows the bettor to reduce and control their bet size and brings bet types like the quaddie into reach for punters that may otherwise forgo it, due to the high cost usually associated with placing a bet. Of course, with the lower cost comes a lower dividend , should the bet win. The example shows the cost of placing a trifecta bet.

Flexi bet

For free and confidential support call or visit gamblinghelponline. Skip to Main Content. Home TAB. What is Flexi Betting? Information Title. Flexi betting enables the number of selections in a bet to be increased without increasing the cost of the bet. Simply select the 'Flexi' checkbox before placing your bet. Flexi Betting is an exclusive and revolutionary way of betting with Tabcorp. Flexi Betting allows you to take any of Tabcorp's Exotic bet types with as many selections or combinations as you want for whatever amount you wish to invest After your bet is processed, the TAB calculates the percentage bet that you have paid for. We call it a Bet Percentage. If successful, you will collect the percentage of the dividend that you have paid for. Can't find what you're looking for?

Bet Collect 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, flexi bet. Flexi bet long is a length?

Please note that this section requires some familiarity with race betting terms. When placing Trifecta, First 4 or Quaddie bets, a popular strategy is to select more than one combination for the wager. For example, a Trifecta is a bet on which runners will finish first, second and third, in the correct order. Suppose you believe three out of horses A, B C and D will finish in the top three, but you are not sure of the order. For many small time punters this is more than they would like to bet.

For free and confidential support call or visit gamblinghelponline. Skip to Main Content. Home TAB. What is Flexi Betting? Information Title. Flexi betting enables the number of selections in a bet to be increased without increasing the cost of the bet. Simply select the 'Flexi' checkbox before placing your bet. Flexi Betting is an exclusive and revolutionary way of betting with Tabcorp. Flexi Betting allows you to take any of Tabcorp's Exotic bet types with as many selections or combinations as you want for whatever amount you wish to invest After your bet is processed, the TAB calculates the percentage bet that you have paid for. We call it a Bet Percentage.

Flexi bet

Flexi betting, also known as flexible or percentage betting, is a form of pari-mutuel gambling where you get to nominate the total amount you wish to outlay. This nominated spend is then spread across your chosen selections as a percentage of the full cost of the bet. This allows you great flexibility hence the name when it comes to the number of combinations you can include for your budget. You get to increase your selections while reducing your overall outlay. Flexi betting has been around for decades, first introduced in the s as an alternative to fixed odds betting. Bookmakers like William Hill innovated flexi betting as a way to compete with the growing popularity of pari-mutuel totalizators or "tote" betting in horse racing.

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This bet results in 24 combinations: - That fraction is your Bet Percentage. We also use third-party cookies that help us analyze and understand how you use this website. We call it a Bet Percentage. In most cases, your payout can be determined within a few cents by multiplying your Bet Percentage by the dividend declared. It works as follows:. As part cents cannot be paid, you will need to apply the following rule If no investor correctly selects the winners in four nominated races, the dividend pool jackpots. You also have the option to opt-out of these cookies. Minimum Requirements The following are the minimum requirements for Flexi Betting:. Close Privacy Overview This website uses cookies to improve your experience while you navigate through the website. Non-necessary Non-necessary. That is what Flexi Betting is all about - you receive the percentage of the dividend that you chose to invest. Tabcorp Code of Conduct.

In the ever-evolving world of online sports betting , platforms continuously innovate to offer bettors unique and advantageous features. SportyBet, a popular online betting platform, is no exception.

There is no difference here from the current way of betting. If you wish to calculate your Bet Percentage, then use the following calculation: -. How do I use Bonus Cash? You can increase your chances of winning by having as many combinations as you want at an outlay to suit your pocket. Flexi bets can be used in combination with exotic horse racing bet types like trifectas, quadrellas, and first four bets. You still need to select the correct placings for a Trifecta, First 4 or Quaddie. After you have multiplied the dividend by the your Bet Percentage, your dividend is rounded up or down to the nearest cent for payout purposes. In the event of investors not correctly selecting a winning combination for at least 50 cents, the dividend pool jackpots. Flexi betting is a feature that is most commonly applied to race betting TAB Sportsbet supports flexi betting on sports multis as well. Information Title. Tabcorp Code of Conduct. At least 50 cents is required on the winning combination for the entire dividend pool to be paid. Full Jackpot if the combination is fully unbacked. When you place a bet with a Operator Assist or On-Course operator it is important to specify immediately that you want a Flexi Bet. Responsible Wagering.