Since horseracing first began, people have wagered on the outcome of the race. For most, the thrill of going to the races involves the thrill of winning a bet, whether through calculated skill or just sheer luck. In NSW, betting (wagering) is conducted by bookmakers and Tabcorp (license held by TAB Limited). Bookmakers are persons licensed by Racing NSW to offer betting services at NSW race meetings and via the telephone, and Tabcorp is licensed by the NSW Government to conduct totalisator betting at racecourses and off-course through its various retail outlets (cash agencies, telephone and internet betting).

Betting on horse racing usually takes one of the following forms:

Fixed Odds Betting:

Fixed Odds betting is offered predominately by on-course bookmakers. With fixed odds betting the operator offers odds against the chances of each runner winning or running a place in a race. Customers then place a bet on that runner at the odds offered at that time, and the stake of the bet is multiplied by the odds on offer. If successful, the punter receives the resultant amount plus his original stake.

Totalisator Betting:

A totalisator is a system used to enable persons to invest money on events or contingencies with a view to successfully predicting specified outcomes of those events or contingencies and to enable the money left after the deduction of commission to be divided and distributed as dividends among those persons who successfully predict those outcomes.

Common Types of Totalisator Betting

Arrow Win

The most popular bet you can have. Simply pick the runner that you think will finish 1st in a race.

Arrow Place

Pick a runner in a race and if your runner finishes 1st, 2nd or 3rd you will collect your place dividend. (Under normal circumstances a 3rd place dividend is only paid in races with eight or more runners).

Arrow An Each Way bet (Win/Place)

Combines the Win and Place bets. If your runner wins, you will collect both a Win and Place dividend or if your runner finishes 2nd or 3rd you will collect the Place dividend only.

Arrow Quinella

To win the Quinella you are required to correctly select the two runners that finish 1st and 2nd in a race, in any order.

Arrow Exacta

An Exacta requires you to correctly select the two runners that finish 1st and 2nd in a race in the correct order.


The Duet requires you to correctly select 2 of the 3 place getters in any order and is only available on races that have eight or more runners. The Duet will pay three dividends for the following combinations: 1st and 2nd, 1st and 3rd, and 2nd and 3rd.

Arrow Trifecta

The Trifecta requires you to select the runners that will finish 1st, 2nd and 3rd in a race, in the correct finishing order. Flexi betting is also available.

Arrow First 4

The First 4 requires you to select the 1st, 2nd, 3rd and 4th placegetters in the correct finishing order. Available in Flexi betting.

Arrow Double

The Double requires you to correctly select the winners of any two nominated races at the one race meeting e.g. Race 2 winner and Race 3 winner.

Arrow Quadrella

A Quaddie requires you to pick four winners from four races nominated by TAB at the one meeting. Available in Flexi betting. The Quaddie for each race meeting is marked in the "Exotic Bet Info" column on Today's and Tomorrow's Racing Schedules on Quaddie legs are marked as QAD.

Arrow Big 6

A BIG 6 requires you to pick six winners from six races nominated by TAB. The races that make up a BIG6 may be at the same race meeting or at different race meetings. There is at least one BIG6 available every week. Available in Flexi betting. Available BIG6s are indicated in the "Exotic Bet Info" column on Today's and Tomorrow's Racing Schedules on

Arrow All Up

A more complex bet which involves parlaying your winnings from one race into one or more other races. To parlay means to create a single bet that links together two or more individual bets and is dependent on all of those bets winning together.

Arrow Betting Exchanges

Offer a form of betting where the operator accepts bets from punters on the predicted outcome of a certain contingency (e.g. a horse winning a race) and matches them with bets placed by other punters who select the opposite outcome. In effect the bet is between two individual punters and the operator does not become party to the bet. The operator then extracts a commission from the winnings of the successful punter.

Betting Options

What is boxing?

Available on Quinella, Exacta, Duet and First 4. When you ‘box’ the runners in your bet, you cover all possible combinations for the finishing order.

What is a multiple bet?

Available on Quinella, Exacta, Duet, Doubles, Trifecta, First 4, Quaddie and BIG6. A multiple bet is where you pick more than one runner in each leg of the bet.

What is Flexi betting?

Available on Trifecta, First 4, Quaddie and BIG6. Flexi betting allows you to nominate the total amount you would like to spend on your bet, so you can include as many selections as you like at an outlay that suits your budget. If your bet is successful, you will collect a percentage of the full dividend.

TAB Information

For more information visit

Arrow Scratchings and Late Scratchings

A scratching is when a runner is withdrawn from a race. If a runner is withdrawn after 9am on the morning of the race, this is known as a ‘late scratching’.

Arrow Bets that Contain a Scratching

There are different ways a scratched runner will affect a bet.

if a runner is scratched, all bets placed on that runner will be refunded.

Quinella / Exacta / Duet / Trifecta / First 4:

If a runner is scratched, all combinations containing that runner will be refunded. Any combinations that do not contain that runner will still be ‘live’.

Running Double / Daily Double / Quaddie:

Any scratched runner/s will be replaced with a ‘substitute’. The substitute runner will be the favourite in win betting and will be announced by the race caller and/or advised via the TV screens throughout the racecourse. Any bets containing a scratched runner can be cancelled up to the start of the first leg.

Arrow Check Your Tickets

Make sure you check your betting tickets immediately after they have been handled to you by the operator to ensure your bet is correct.

Arrow Cancelling Bets

Bets which do not accurately reflect the bet you wished to place can be cancelled up to two minutes after it has been placed. Tell the operator you would like to cancel the bet and hand them your ticket.

Arrow Payment of Totalisator Tickets

Tickets sold by the On-Course totalisator may be collected either on-course, or at any off-course TAB outlet, for a period of 12 months. It is also possible to collect tickets sold off-course on the on-course tote.

Arrow Lost and Destroyed Tickets

A claim will only be considered if it is lodged in writing with the head office of TAB within 21 days of the date of the race meeting accompanied by a fee of $11 including GST. Claims should be forwarded to the TAB head office, TAB LTD, GPO Box 4168, Sydney NSW 2001.

Racing NSW encourages participants to gamble responsibly.
Think! About your choices.
If gambling is a problem for you call NSW Gambling Help on 1800 858 858 or visit