2015 Betting Offers Melbourne cup Fixed vs Tote betting odds

Melbourne cup is here and everybody is betting  their hearts out,  fingers crossed and  hoping for a windfall and  good times. One of the most popular type of betting in Australia is either betting  for fixed bets or then tote.

[upto $250 in BONUS BETS –Join now]

So what is fixed betting as opposed to tote betting  ?

TOTE BETTING

The Tote (also known as Parimutuel betting) is commonly used for horse racing, while  the fixed odds betting is commonly used for sports. Saying  that tis  is a system in which all bets of a particular type are placed together in a pool

In Australia  with the Tote the bookmaker displays the approximate odds that they believe you will receive on a punt . This approximation of the value  is based on the quantities of bets received to that point. These odds however will change, however depending on how much additional money is placed on each outcome or horse. Because of this you don’t know the actual odds you will get until bets are no longer accepted and the race/event has commenced.

Fixed odds betting

Fixed betting  is pretty much what it says , returns are fixed at time of betting . In Australia fixed odds betting is a form of wagering where the punter knows the exact odds he or /she will receive when they place a bet

Fixed odds betting is more risky for the bookmaker than the Tote, because the profit margin is not guaranteed and the bookmaker’s profit will not be the same for every outcome.

Most popular kinds of bets

Win

A win bet is an option where the selected horse must win the race outright. In the case of a dead-heat, the winning price will be halved. The most common type of online bet, the win option gives punters a chance to make full use of the bookmakers promotions. These include money back specials and protest payouts; if you’re horse finishes second or third in a selected race they will refund your win bet and if your horse loses on a protest, they will pay out both win bets.

Place

A place bet offers lower odds than a win bet, due to the increased likelihood of it succeeding. The selected runner must finish in the first three across the line for the bet to pay out. If there are less than seven horses in the field, then only the first two horse’s payout, however odds will increase because of this.

Trifecta

Punters must select the first three horses in any order. Due to the increased risk factor of this bet, the payouts are of greater value compared to quinella’s. A three-horse boxed trifecta costs $6, or $3 for .cents worth (the most commonly made trifecta). There are multiple options for trifecta bettors including straight, boxed, banker and roving banker

[upto $250 in BONUS BETS – Join now]

Incoming searches to website

horse form
horse syndicate
horse racing form
global racing group
racing
centre racing
racing software
horse selections
horse tipping
horse racing
horse racing images
horse racing prints
horse racing photographs
horse racing forum
horse racing memorabilia
horse racing clubs
horse tips
horse racing syndicate
horse racing radio
horse racing books
horse racing art
horse racing photos
horse racing products
horse racing pictures
horse racing syndicates
horse racing information
horse racing programs
gambling horse racing
horse racing odds
racing selections
practical punting
race tracks
horse ratings
punting
horse racing form guide
thoroughbred racing
horse racing results
racing tips
horse racing ratings
horse racing software
horse racing tips
horse racing system
horse racing systems
bookmakers
sportsbet
international all sports
sport betting
betting sports
horse racing betting
online betting australia
betting online
horse betting
australian online gambling
betting
on line betting
on line betting australia
betting money
exchange betting
sports betting blogs
betting free bets
casino betting
odds betting
bookmaker betting
gambling” “betting
football betting
uk betting
betting tips
betting bookmakers
australian online bookmakers
betting systems
fixed odds betting
online bookmakers
horse racing bet
horseracing betting
live betting
best bets horse racing
betting horses
race betting
betting racing
betting results
australian horse racing
win betting
paddy power betting
australian online casino
australian online gaming
australian online shops
australian online racing
coral betting
william hill betting
online gambling australia
ladbrokes betting
tote betting
spread betting
betting calculator
poker betting
big brother betting
online racing
online gaming