Betfair offer 20% better odds on average than the three Australian TABs because you are betting against other punters who disagree with your opinion and you back the best price available at the time.
The TAB on the other hand, declares a final dividend from the total betting pool after a deduction is made to cover costs and the TAB's contribution to Australian horse racing. The remaining sum of money in the pool is then divided by the number of winning tickets to give a final TAB dividend that the punter must simply accept.
Betfair pays 107% better than TAB on 2010 Australian Guineas
A perfect example of how Betfair value can work for the punter was the payout for the 2010 Australian Guineas at Flemington where the eventual winner Rock Classic was available to back at $28.00 on Betfair, whereas the best final TAB payout was $13.60 from the three Australian totes. That's an amazing 107% better payout from Betfair.
Nicconi won the 2010 Lightning Stakes and the best TAB payout was $6.60 and you could have backed Nicconi for $6.60 at Betfair for an 8% better return on your investment.
Smart Punters have a Betfair account
If you do not have a Betfair account then you are missing out on the best price time and time again. You can join Betfair here and check out their value prices for yourself. It is free to join and if you are a serious punter then a Betfair account is a must, as better odds equates to more profit over time.

Claim a $50 First Bet Refund at Betfair
Join Betfair through our site and register with Promotional Code FBR642 to reveive a $50 First Bet Refund on your first ever bet. Claim your $50 First Bet Refund here
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Betfair vs Tab at recent major racing carnivals |
See below how Betfair prices compared to the best available final TAB dividend over the last few major racing carnivals in Australia and you will see exactly why you should be betting at Betfair. If you are still betting at the TAB then you are losing money.
| Melbourne Autumn racing 2010 |
| Group 1 Race |
Winner |
Betfair SP |
TAB |
% Diff |
| Lightning Stakes |
Nicconi |
6.60 |
6.10 |
8% |
| William Reid Stakes |
Turffontein |
15.50 |
14.60 |
6% |
| Newmarket Handicap |
Wanted |
12.00 |
10.80 |
11% |
| Australian Guineas |
Rock Classic |
28.00 |
13.50 |
107% |
| Blamey Stakes (Gr2) |
Lord Tavistock |
32.00 |
19.40 |
65% |
|
| Return from $10 win on each horse |
$941 |
$644 |
$297 |
| Sydney Autumn racing 2010 |
| Group 1 Race |
Winner |
Betfair SP |
TAB |
% Diff |
| AJC Oaks |
Once Were Wild |
8.82 |
8.20 |
8% |
| The Galaxy |
Ortensia |
4.76 |
4.30 |
11% |
| Sires Produce Stakes |
Yosei |
24.00 |
21.30 |
13% |
| George Ryder Stakes |
Danleigh |
5.00 |
4.70 |
6% |
| Rosehill Guineas |
Zabrasive |
7.01 |
6.10 |
15% |
|
| Return from $10 win on each horse |
$495.90 |
$446 |
$49.90 |
| Melbourne Spring racing 2009 |
| Group 1 Race |
Winner |
Betfair SP |
TAB |
% Diff |
| Toorak Handicap |
Turffontein |
16.50 |
13.00 |
27% |
| Turnbull Stakes |
Efficient |
38.00 |
32.00 |
19% |
| Yalumba Stakes |
Whobegotyou |
2.18 |
1.90 |
15% |
| WS Cox Plate |
So You Thin |
11.50 |
9.50 |
21% |
| Emirates Stakes |
All American |
44.00 |
30.30 |
45% |
|
| Return from $10 win on each horse |
$1121.80 |
$867 |
$254.80 |
| Sydney Spring racing 2009 |
| Group 1 Race |
Winner |
Betfair SP |
TAB |
% Diff |
| Craven Plate (Gr2) |
Miss Marielle |
9.40 |
8.20 |
15% |
| George Main Stakes |
Road To Rock |
50.00 |
43.60 |
15% |
| Emirates Stakes |
All American |
44.00 |
30.30 |
45% |
| Epsom Handicap |
Rock Kingdom |
15.50 |
13.40 |
16% |
| Spring Champion Stakes |
Monaco Consul |
40.00 |
37.70 |
6% |
|
| Return from $10 win on each horse |
$1589 |
$1332 |
$257 |
| Melbourne Autumn racing 2009 |
| Group 1 Race |
Winner |
Betfair SP |
TAB |
% Diff |
| William Reid Stakes |
Apache Cat |
7.53 |
5.7 |
32% |
| Lightning Stakes |
Scenic Blast |
22.47 |
20.9 |
8% |
| Blue Diamond Stakes |
Swiss Ace |
45.49 |
37.4 |
22% |
| Futurity Stakes |
Niconero |
9.09 |
7.9 |
15% |
| Australian Cup |
Niconero |
14.67 |
12.9 |
14% |
|
| Return from $10 win on each horse |
$992.50 |
$848 |
$144.50 |
| Sydney Autumn racing 2009 |
| Group 1 Race |
Winner |
Betfair SP |
TAB |
% |
| Randwick Guineas |
Metal Bender |
31.49 |
23.7 |
33% |
| Golden Slipper |
Phelan Ready |
29.65 |
23.9 |
24% |
| The BMW |
Fiumicino |
48.16 |
26.5 |
82% |
| Champagne Stakes |
Onemorenomore |
14.12 |
10.2 |
38% |
| All Aged Stakes |
Danleigh |
8.85 |
6.9 |
28% |
|
| Return from $10 win on each horse |
$1322.70 |
$912 |
$410.70 |
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If you are still betting on the TAB then it's costing you money. Join Betfair here now
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Join Betfair Today
With over a million customers around the world Betfair is the number one choice for most punters and if you are betting at your local TAB and don't have a Betfair account, then you are losing money and taking poor value. Read our Betfair review to learn more about betfair.
Claim a $50 First Bet Refund at Betfair
Join Betfair through our site and register with Promotional Code FBR642 to reveive a $50 First Bet Refund on your first ever bet. Claim your $50 First Bet Refund here

Betfair User Guide
Stop accepting poor value odds at your local TAB and start betting online at Betfair today. Visit our Betfair User Guide page to learn more about the world's biggest betting exchange.
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More information on Betting Online at Betfair |
Opening an account at Betfair
Backing a Selection at Betfair
Laying a Selection at Betfair
In-Play Betting at Betfair
Understanding Betfair Terms
Being a successful punter is all about receiving the best available prices for your outlay and accepting poor value from the TAB means you are not doing that.