What is a Quaddie? - how to place a quaddie bet

A Quaddie bet, or Quadrella bet as it is fully known, is available on most thoroughbred, harness and greyhound race meetings.

A quaddie is betting on the winners of four nominated races, which are typically the last four races of any meeting, and is a very popular bet.

All quaddie bets go into a pool and a dividend is paid out for those successfully predicting the four winners of the races in question. 

Punters can pick one horse per race or opt for several horses per race and hope the one of the selected runners win in each of the races.

To win a quaddie, you must have selected all four winners. A dividend is then paid out and declared as a $1 unit, and can range from $50 up to hundreds of thousands of dollars. 

With a quaddie, you can set the budget you are willing to spend and ensure your spending does not get out of control.

WHERE TO PLACE A QUADDIE

You can place quaddie bets with all major bookmakers. Bookies such as BetEasy, Ladbrokes, Sportingbet, Centrebet and Sportsbet often have special promotions on quaddies including increased payouts.



An example of placing a quaddie at Ladbrokes.

You can select any number of runners in each race to maximise your chances of picking the winner. For every runner you do select, however, you are reducing the percentage of the dividend you will collect.

HOW TO CALCULATE A QUADDIE
In the above example, we have selected four horses in the first leg, five horses in the second leg, one in the third leg and three in the fourth leg. 

That gives a total number of different combinations of: 4 x 5 x 1 x 3 = 60. 

What that means is the amount bet would have to be $60 to cover every possible combination.

FLEXI QUADDIE
While the example above ensures you get the full dividen, a Flexi Quaddie allows punters to reduce the cost of their bet. They could stake only $30 and get a 50% return on the winning dividend figure or any other figure to suit the budget. The calculation, however, must return at least 1% of the dividend to be a valid bet. So the minimum bet for our example would be $0.60.

SCRATCHINGS
If one or more of your selections are declared non-runners or are scratched after you have placed your bet, your scratched runner will be replaced by the substitute runner which is declared by the based on the runner with the greatest number of win units invested upon it.


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What is a Quaddie? - how to place a quaddie bet

A Quaddie bet, or Quadrella bet as it is fully known, is available on most thoroughbred, harness and greyhound race meetings.

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