Betfair - Fair Price
 

Rules & Bet Types
Help and FAQs

If you have a query or need assistance, please contact us at any of the following:
Helpdesk
AUS - 1300 BETFAIR
(1300 238 324)
NZ - 0800 238 324
Email
ausinfo@betfair.com
nzinfo@betfair.com
Online betting news
betting.betfair.com.au
Telbet
AUS - 132 BET
(132 238)
NZ - 0800 TEL BET
(0800 835 238)


 

The Bet Types

Available on all Australian racing markets, with Fair Price you can now get the best of the three major Australian totes and the on-course starting price, or the best on-course bookmaker fluctuation on every metro horse race, plus a great array of tote based products on all other codes every day, all through your Betfair account. Betfair Fair Price is provided by Sports Alive Pty Ltd.

Fair Price features the following bet types:

  • Fair Div pays the highest of the three Australian TAB dividends and the on-course starting price on all Win bets on metro thoroughbreds. For non-metro thoroughbreds plus greyhounds and harness, Fair Div Win and Each Way bets are paid at a great dividend based on the three Australian totes, with full details in the table below.

  • Fair Div* pays you the SuperTab dividend plus 5% on all Place bets and selected Win bets where Fair Div is unavailable.

  • Fair Fluc bets are guaranteed to be paid at the top official on-course bookmaker fluctuation as determined by the Bookmakers Pricing Service (BPS). These prices are broadcast as the best official odds from the on-course bookmakers. Fair Fluc Place bets are paid as the best of the three Australian TAB dividends.

Fair Price bet types are offered across Australian and some international races, with dividends calculated as shown below:

Product Bet Type Meeting Type
Thoroughbred Racing
- Metro Races
Thoroughbred Racing
- Non-Metro Races
Greyhound Racing
/ Harness Racing
Fair Div Win Best of 4 (Tote and SP) Best Tote (30% cap) Best Tote (10% cap)
Each Way Place Best Tote Mid Tote Mid Tote
Fair Div* Win / Place SuperTab +5% SuperTab +5% SuperTab +5%
Fair Fluc Win Best APN# N/A N/A
Each Way Place Best Tote N/A N/A

  • Best Tote (30% cap) is calculated by using the following formula: SUPER TAB DIVIDEND minus ONE multiplied by 130% plus ONE or (((STAB DIV - 1) x 130%) + 1)
  • Best Tote (10% cap) is calculated by using the following formula - SUPER TAB DIVIDEND minus ONE multiplied by 110% plus ONE or (((STAB DIV - 1) x 110%) + 1)
  • Super Tab +5% is calculated by using the following formula - SUPER TAB DIVIDEND minus ONE multiplied by 105% plus ONE or (((STAB DIV - 1) x 105%) + 1)
  • # Fair Fluc pays Best APN (Course Price) on all Sydney, Melbourne and nominated interstate carnival meetings, and Best APN (Course Price) for all Adelaide, Brisbane and Perth Saturday meetings

The Market Rules

Fair Price markets are settled by Sports Alive in accordance with Sports Alive's rules of wagering. See Terms & Conditions for more details.

Number of places paid may differ from Betfair Exchange markets.

  • Different limits will apply dependant on the venue/quality of the race meeting and the size of the on-course bookies ring.
  • Selected meetings may not have a fixed odds service dependant on the venue/quality of the race meeting and the number of bookmakers working in the on-course betting ring.
  • Sports Alive reserves the right to alter any dividend based on more than two TAB dividends if we have reason to believe a tote price(s) has been artificially manipulated by greater than 30% of the next best tote price.
  • The number of place dividends payable is dependent on the number of runners.
  • If a late scratching(s) results in UNiTAB paying a lower number of place dividends than the other two tote pools, the place portion of bets will be paid at the best tote dividend declared by NSWTAB or SuperTAB (excluding UNiTAB).


Go to Fair Price Help and FAQs.