What is Fractional Betting?
When placing an exotic/multiple bet that has more than a single combination (e.g. Quinella, Exacta, Trifecta), the price of the bet increases. Rather than paying the full cost, you can decide the maximum amount you want to spend on your bet and our system calculates what fraction or multiple of the dividend you will receive for a winning bet. There is a minimum spend of $3 (although a $1 minimum still applies where a single combination is selected).
If you want to make five selections in a boxed Trifecta, the total cost for 100% of the dividend is $60 for a $1 unit on each possible combination. With fractional betting you can instead choose the maximum amount you wish to spend, and our systems calculate the whole percentage allocated to each combination.
So, if you nominate the minimum $3 outlay, this would represent 3/60 or 5% of the $60 full unit cost and therefore, 5% of the dividend. If the dividend is $1,000 then a 5% share would equate to a $50 return for your $3 outlay.
If you nominate a maximum spend of $18, this would represent 18/60 or 30% of the $60 full unit cost (and 30% of a winning dividend). If the dividend is $1,000 then a 30% share would equate to a $300 return for your $18 outlay.
The following bet types allow fractional betting:
- Double and Extra Doubles
- Double Trio