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.
A perfect example of how Betfair value can work for the punter was the 2009 William Reid Stakes at Moonee Valley, where the eventual winner Apache Cat was available to back at $7.53 on Betfair, whereas the best final TAB payout was $5.70 from the three Australian totes. That is a 32% better payout from Betfair.
Weekend Hussler won the 2008 Underwood Stakes at very short odds and the best TAB payout was $1.50. You could have backed Weekend Hussler for $1.63 at Betfair for a 9% better return on your investment.
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.
See below how Betfair prices compared to the best available final TAB dividend for recent Group One races in Australia and you will see exactly why you should be betting at Betfair.
| Melbourne autumn racing 2009 |
| Group 1 Race |
Winner |
Betfair |
TAB |
% |
| William Reid Stakes |
Apache Cat |
7.53 |
5.70 |
32% |
| Lightning Stakes |
Scenic Blast |
22.47 |
20.90 |
8% |
| Blue Diamond Stakes |
Swiss Ace |
45.49 |
37.40 |
22% |
| Futurity Stakes |
Niconero |
9.09 |
7.90 |
15% |
| Newmarket Handicap |
Scenic Blast |
15.21 |
14.60 |
4% |
| Cadbury Guineas |
Heart Of Dreams |
4.03 |
3.90 |
3% |
| Australian Cup |
Niconero |
14.67 |
12.90 |
14% |
|
| Sydney autumn racing 2009 |
| Group 1 Race |
Winner |
Betfair |
TAB |
% |
| Chipping Norton Stakes |
Tuesday Joy |
2.31 |
2.20 |
5% |
| Randwick Guineas |
Metal Bender |
31.49 |
23.70 |
33% |
| Ranvet Stakes |
Thesio |
2.39 |
2.20 |
9% |
| Golden Slipper |
Phelan Ready |
29.65 |
23.90 |
24% |
| The BMW |
Fiumicino |
48.16 |
26.50 |
82% |
| Queen Of The Turf |
Neroli |
7.88 |
7.40 |
6% |
| Storm Queen Stakes |
Purple |
9.78 |
8.90 |
10% |
| George Ryder Stakes |
Vision And Power |
13.36 |
11.70 |
14% |
| AJC Australian Derby |
Roman Emperor |
24.68 |
17.90 |
38% |
| The Galaxy |
Nicconi |
6.53 |
6.20 |
5% |
| AJC Sires Produce Stakes |
Manhattan Rain |
4.46 |
3.90 |
14% |
| TJ Smith |
Takeover Target |
5.93 |
5.00 |
19% |
| Doncaster Mile |
Vision And Power |
14.37 |
12.50 |
15% |
| AJC Oaks |
Daffodil |
15.04 |
12.20 |
23% |
| Champagne Stakes |
Onemorenomore |
14.12 |
10.20 |
38% |
| Queen Elizabeth Stakes |
Pompeii Ruler |
14.55 |
12.00 |
21% |
| Sydney Cup |
Kareem |
7.28 |
6.50 |
12% |
| All Aged Stakes |
Danleigh |
8.85 |
6.90 |
28% |
|
| Melbourne spring racing 2008 |
| Group 1 Race |
Winner |
Betfair |
TAB |
% |
| Underwood Stakes |
Weekend Hussler |
1.63 |
1.50 |
9% |
| Sir Rupert Clarke Stakes |
Orange County |
9.41 |
6.90 |
36% |
| Caulfield Guineas |
Whobegotyou |
3.29 |
3.10 |
6% |
| Yalumba Stakes |
Douru Valley |
50.29 |
41.30 |
22% |
| Thousand Guineas |
Gallica |
5.37 |
4.80 |
12% |
| Caulfield Cup |
All The Good |
52.33 |
51.90 |
1% |
| WS Cox Plate |
Maldivian |
12.36 |
10.50 |
18% |
| Coolmore Stud Stakes |
Northern Meteor |
1.65 |
1.50 |
10% |
| Mackinnon Stakes |
Thesio |
6.90 |
6.50 |
6% |
| AAMI Victoria Derby |
Rebel Raider |
115.58 |
80.90 |
43% |
| Myer Classic |
Forensics |
3.66 |
3.00 |
22% |
| Melbourne Cup |
Viewed |
47.20 |
46.50 |
2% |
| Emirates Stakes |
All Silent |
6.60 |
6.40 |
3% |
| Patinack Farm Classic |
Swick |
18.66 |
14.30 |
30% |
|
| Sydney spring racing 2008 |
| Group 1 Race |
Winner |
Betfair |
TAB |
% |
| George Main Stakes |
Mentatlity |
12.29 |
11.30 |
9% |
| The Metropolitan |
Newport |
59.47 |
51.70 |
15% |
| Epsom Handicap |
Thesio |
11.86 |
10.60 |
12% |
| Flight Stakes |
Samantha Miss |
1.70 |
1.50 |
13% |
Join Betfair Today
With over a million customers around the world Betfair is fast becoming the number one choice for serious 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. Join Betfair for free 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.
See below for 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.
