Betfair offer 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.
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.
Join Betfair today and receive a $50 First Bet Refund
Join Betfair through Horse Racing Info and register with our 'exclusive' code FBR642 and receive a $50 First Bet Refund when you deposit funds and place a first bet of $50. Terms & conditions apply and excludes SA & VIC residents. 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 2011 |
| Group 1 Race |
Winner |
Betfair |
TAB |
% Diff |
| Oakleigh Plate |
Eagle Falls |
28.00 |
23.00 |
+22% |
| Australian Guineas |
Shamrocker |
44.00 |
39.60 |
+11% |
| Bagot Handicap |
Rentaross |
32.00 |
28.90 |
+11% |
| Blue Diamond Prelude |
One Last Dance |
3.40 |
2.90 |
+17% |
| Armanasco Stakes |
Pinker Pinker |
7.40 |
6.00 |
+23% |
|
| Return from $10 win on each horse |
$1,148 |
$1,004 |
+$144 |
| Sydney Autumn racing 2011 |
| Group 1 Race |
Winner |
Betfair |
TAB |
% Diff |
| Royal Sovereign Stakes |
Master Harry |
12.50 |
9.60 |
+30% |
| Triscay Stakes |
Kiss From A Rose |
3.00 |
2.60 |
+15% |
| Queen Elizabeth Stakes |
My Kingdom Of Fife |
16.50 |
13.50 |
+22% |
| Liverpool City Cup |
Triple Elegance |
5.10 |
4.10 |
+24% |
| Chipping Norton Stakes |
Danleigh |
11.00 |
8.70 |
+26% |
|
| Return from $10 win on each horse |
$481 |
$385 |
+$96 |
| Melbourne Spring racing 2010 |
| Group 1 Race |
Winner |
Betfair |
TAB |
% Diff |
| Champagne Stakes |
Lone Rock |
27.00 |
22.90 |
+22% |
| Teseo Stakes |
Lady Lynette |
15.50 |
13.00 |
+11% |
| Coolmore Stud Classic |
Whitefriars |
6.40 |
5.00 |
+11% |
| Melbourne Cup |
Americain |
16.50 |
12.30 |
+17% |
| Matriarch Stakes |
Well Rounded |
48.00 |
38.50 |
+23% |
|
| Return from $10 win on each horse |
$1,134 |
$917 |
+$217 |
| Sydney Spring racing 2010 |
| Group 1 Race |
Winner |
Betfair |
TAB |
% Diff |
| Chelmsford Stakes |
Theseo |
3.60 |
3.30 |
+9% |
| Ming Dynasty Hcp |
Lion Tamer |
25.00 |
17.90 |
+40% |
| Sebring Sprint |
More Joyous |
2.50 |
2.30 |
+9% |
| Tea Rose Stakes |
More Strawberries |
4.40 |
3.40 |
+29% |
| Reginald Allen Stakes |
Mlady Pedrille |
13.50 |
10.60 |
+27% |
|
| Return from $10 win on each horse |
$490 |
$375 |
+$115 |
If you are still betting on the TAB then it's costing you money. Join Betfair here now
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More information on Betting Online at Betfair |
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.
Try Betfair for free and check out the great odds for yourself
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.
