How do you calculate Flexi payout?
How do you calculate Flexi payout?
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 do you calculate first 4 odds?
The amount you win is calculated by dividing up the pool of money* that the entire betting community spent on First 4 bets in a race by the amount of correct $1 bets. Therefore, if you place a $5 First 4 bet, you’ll have five shares in the winning First 4 pool.
How much does it cost to Box 4 horses in first 4?
Box First 4 This means having four or more selections and they can finish in any order as long as they fill the first four positions. If you have boxed four horses then to receive 100 per cent of the dividend, you must place $24 at stake.
How much does it cost to Box 5 horses in a first 4?
A. The amount you invest is calculated as a percentage of the full dollar dividend. Example: a boxed First 4 with 5 runners costs $120 to receive 100% of the dividend. If you invest $30, your percentage is 25% of the dividend.
How does a flexi quinella work?
Flexi Betting allows you to take virtually as many combinations in a Quinella as you wish and you nominate the total amount you wish to spend. TABtouch calculates the Flexi percentage of the investment you have placed by dividing the total spend by the number of combinations selected.
What is Flexi percentage?
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. This percentage is based on what the bet would normally cost if you placed the bet for $1. We call it a Bet Percentage.
How much is a boxed first four?
A Boxed First Four – which allows for the horses to finish in any order – with the same number of selections (4 selections being the minimum) will cost a minimum of $24 due to the increased number of winning combinations.
How much does it cost to Box 6 horses in a first four?
For box First four bets, you multiply the number of selections for 1st place, 2nd place (minus 1), 3rd place (minus 2) and fourth place (minus 3). If you box six horses in a First four bet, it will cost 6 x (6-1) x (6-2) x (6-3) = $360 for a full $1 unit.
What is a 500% Flexi?
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.