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The information provided in this material is for personal use only, and should not be redistributed, resold and/ copied in any format and by any means. Copyright © The Hong Kong Jockey Club. All rights reserved. R102e/161031 Introduction of Bet Types in Hong Kong
35

Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

Sep 25, 2020

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Page 1: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

The information provided in this material is for personal use only, and should not be redistributed, resold and/ copied in any format and by any means.

Copyright © The Hong Kong Jockey Club. All rights reserved.

R10

2e

/16

10

31

Introduction of Bet Types in Hong Kong

Page 2: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

1 Single-race Simple Bets 2 Single-race Exotic Bets

4 All Up 3 Multi-race Exotic Bets

Win

Place

Quinella

Quinella Place

3 Pick 1 (Composite Win)

Winning Trainer (Composite Win)

Winning Region (Composite Win)

Double Trio

Triple Trio

Double

Treble

Six Up

Jockey Challenge

Trio / Tierce

First 4 / Quartet

All Up Formula

Page 3: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

1 Single-race Simple Bets 2 Single-race Exotic Bets

4 All Up 3 Multi-race Exotic Bets

Win

Place

Quinella

Quinella Place

3 Pick 1 (Composite Win)

Winning Trainer (Composite Win)

Winning Region (Composite Win)

Double Trio

Triple Trio

Double

Treble

Six Up

Jockey Challenge

Trio / Tierce

First 4 / Quartet

All Up Formula

Page 4: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

Horse No. Win

9 Pick the winner

Win

Page 5: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

Place

Horse No. Place

6

Pick any one

of the top three horses 7

9

Page 6: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

Quinella (QIN)

Horse No. Quinella (QIN)

7 + 9 Pick the 1st and 2nd horses

in any order

Page 7: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

Quinella Place (QPL)

Horse No. Quinella Place (QPL)

6 + 7

Pick any two

of the top three horses

in any order

6 + 9

7 + 9

Page 8: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

• Picking more than 2 horses can enhance the winning chance when placing bet on Quinella and

Quinella Place

• 2 common tactics

o Banker: When you think one of your favourite horses has a higher chance to win

o Multiple: When you think your favourite horses have equal chance to win

Bet tactics for QIN and QPL

Page 9: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

Banker

Banker must appear in

all possible combinations

Example:

• Banker - No. 8;

• Other selections –

No. 2, 5, 11

Total 3 Combinations

• Usually pick a horse which you think has a higher chance to win as the banker

• A common way of banker bet: 1 banker and 3 other selections

Banker

Page 10: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

Bet Type Possible Combination Winning Combination Dividend

($10 each bet)

Quinella

(2) BORNTOACHIEVE + (3) HAPPY METEOR b $144

(3) HAPPY METEOR + (8) ELITE SPIRIT

(3) HAPPY METEOR + (12) TRAVEL NUMBER ONE

Total 3 combinations Total 1 combination Total $144

• Example: 19 / 06 / 2016 Sha Tin Race 6

o Customer A thinks that HAPPY METEOR (No. 3) has a high winning chance because it won

easily over the same trip recently. Also, BORNTOACHIEVE (No. 2), ELITE SPIRIT (No. 8)

and TRAVEL NUMBER ONE (No. 12) have good top three chance since they are trip winners

in this season. Therefore, customer A selects HAPPY METEOR as banker and

BORNTOACHIEVE, ELITE SPIRIT and TRAVEL NUMBER ONE as other selections to bet

on Quinella. Finally, HAPPY METEOR won the race and BORNTOACHIEVE ran second.

Customer A collected the dividend

Real Case Example

Page 11: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

Multiple

Selected horses will be

formed of all possible

combinations

Example:

• Boxing No. 2, 5,

8,11

• Usually your favourite horses have equal chance to win

• A common way of Multiple bet: Boxing 4 horses (total 6 combinations)

Total 6 combinations

Multiple

Page 12: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

• Example: 22 / 06 / 2016 Happy Valley Race 7

o APACHE SPIRIT (No. 12) won over this trip in last race. HAPPY BAO BEI (No. 5) and BLAZE

STAMINA (No. 1) have advantage by starting at inside draws. TOP BONUS (No. 8) is ridden by

Champion Jockey J Moreira. Customer A thinks these 4 horses have equal chance to win.

Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to the

Quinella Place dividend if any 2 selected horses finished in the top three positions. Finally, 3 of the

4 selections finished in the top three positions. Customer A collected the dividend

Bet Type Possible Combination Winning Combination Dividend

($10 each bet)

Quinella Place

(1) BLAZE STAMINA + (5) HAPPY BAO BEI

(1) BLAZE STAMINA + (8) TOP BONUS

(1) BLAZE STAMINA + (12) APACHE SPIRIT

(5) HAPPY BAO BEI + (8) TOP BONUS b $54

(5) HAPPY BAO BEI + (12) APACHE SPIRIT b $49.5

(8) TOP BONUS + (12) APACHE SPIRIT b $60.5

Total 6 combinations Total 3 combinations Total $164

Real Case Example

Page 13: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

Overnight Favourites (A1) Overnight Mid-Pricers (A2) Other Outsiders (A3)

The 1st and 2nd favourite horses with

reference to the overnight Win odds

The 3rd, 4th and 5th favourite horses

with reference to the overnight Win

odds

All horses other than those in the

Overnight Favourites and Overnight

Mid-Pricers with reference to the

overnight Win Odds

Odds 1.5 Odds 2.9 Odds 4.7

• The horses are grouped into 3 groups with reference to the overnight Win Odds

• Customer can collect a dividend when any runner from the chosen group wins

3 Pick 1 (Composite Win)

Page 14: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

3 Pick 1 (Composite Win) Starters Included Last Odds

Overnight Favourites (A1):

1st and 2nd favourite (1) ADVENTURER | (6) LOVE SHOCK 1.7

Overnight Mid-Pricers (A2):

3rd, 4th and 5th favourite (8) ART OF SUCCESS | (10) WILD FIVE | (11) MASTER COMMANDER 2.7

Other Outsiders (A3):

all remaining horses

(2) FISH N' CHIPS | (3) TRAVEL NUMBER ONE | (4) VICTORY DUKE

(5) BABA MAMA | (7) SOARING WYVERN | (9) INVISIBLE |

(12) EVERYDAY LETTUCE | (13) SHOWING CHARACTER |

(14) GOLDEN GUNNERS

3.8

• Example (1): Select Overnight Favourites (A1), 14/05/2016 Sha Tin Race 4

o Customer A thinks LOVE SHOCK (No. 6) has a greater chance to win because it is ridden by

Champion Jockey J Moreira. And he thinks only ADVENTURER (No. 1), which won over this

trip in last race, can beat LOVE SHOCK. Both horses are grouped into A1, so it is safer for him

to bet on A1 than on LOVE SHOCK’s Win directly. Finally, LOVE SHOCK lost the race and

ADVENTURER won. Customer A collected the dividend

Why placing bet on 3 Pick 1 (Composite Win) but not on Win directly?

Page 15: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

• Example (2): Select Overnight Mid-Pricers (A2), 22/05/2016 Sha Tin Race 4

o Customer A thinks the 1st favourite horse AMAZING KIDS (No. 3) has risk of being defeated.

However, he has no idea which horse could beat AMAZING KIDS. He also thinks other

outsiders won’t have any surprises. The highly possible horses to beat AMAZING KIDS would

be the 2nd, 3rd and 4th favourite horses, i.e. NOT LISTENIN'TOME (No. 1), PENIAPHOBIA (No.

2) and CHARLES THE GREAT (No. 5). Finally, PENIAPHOBIA won the race. Customer A

collected the dividend

3 Pick 1 (Composite Win) Starters Included Last Odds

Overnight Favourites (A1):

1st favourite (3) AMAZING KIDS 1.9

Overnight Mid-Pricers (A2):

2nd, 3rd and 4th favourite

(1) NOT LISTENIN‘TOME | (2) PENIAPHOBIA |

(5) CHARLES THE GREAT

2.9

Other Outsiders (A3):

all remaining horses

(4) DOMINEER | (7) BORN IN CHINA | (8) FABULOUS ONE |

(9) DIVINE BOY 3.0

Why placing bet on 3 Pick 1 (Composite Win) but not on Win directly?

Page 16: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

• Example (3): Select Other Outsiders (A3), 01/07/2016 Sha Tin Race 1

o Customer A doesn’t like any favourite horses. He thinks the result will be surprised by the

outsiders but it’s difficult to pick one as there are many outsiders. Therefore, he chooses to bet

on A3. Finally, PAKISTAN STAR (No. 6) won the race. Customer A collected the dividend

3 Pick 1 (Composite Win) Starters Included Last Odds

Overnight Favourites (A1):

1st and 2nd favourite (3) ARM RUNDA | (7) BEAR CHUM 1.8

Overnight Mid-Pricers (A2):

3rd, 4th and 5th favourite (1) CALL ME HANDSOME | (11) CHEER WIN | (14) SEA JADE 2.2

Other Outsiders (A3):

all remaining horses

(2) LOOK ERAS | (4) AUDACITY | (5) HOLY UNICORN

(6) PAKISTAN STAR | (8) AMBITIOUS HEART

(9) BUMBLE BABY | (10) CARRY TO WIN | (12) DON WONGCHOY

(13) GAINFULJET

4.4

Why placing bet on 3 Pick 1 (Composite Win) but not on Win directly?

Page 17: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

• In group races, horses in a race are grouped into three to four groups based on

their respective trainers

• Customer can collect a dividend when any runner from the chosen trainer wins

John Moore

(B1)

Tony Cruz

(B2)

Richard Gibson

(B3)

Others

(B4)

Odds 1.9 Odds 2.7 Odds 4.6 Odds 8.2

Winning Trainer (Composite Win)

Page 18: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

• In international races, horses in a race are grouped into three to four groups based on

their representing regions

• Customer can collect a dividend when any runner from the chosen region wins

Hong Kong

(C1)

Japan

(C2)

Europe –

UK, France

(C3)

Others

(C4)

Odds 1.5 Odds 2.8 Odds 7.4 Odds 22

Winning Region (Composite Win)

Page 19: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

1 Single-race Simple Bets 2 Single-race Exotic Bets

4 All Up 3 Multi-race Exotic Bets

Win

Place

Quinella

Quinella Place

3 Pick 1 (Composite Win)

Winning Trainer (Composite Win)

Winning Region (Composite Win)

Double Trio

Triple Trio

Double

Treble

Six Up

Jockey Challenge

Trio / Tierce

First 4 / Quartet

All Up Formula

Page 20: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

Trio

In any order

Tierce

In correct order

Pick the top three horses

Example :

Tierce

- -

(In correct order)

9 7 6

Example :

Trio

- -

(In any order)

7 9 6

Trio / Tierce

Page 21: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

First 4

In any order

Quartet

In correct order

Pick the top four horses

Example :

Quartet

- - -

(In correct order)

Example :

First 4

- - -

(In any order)

3 8 1 9 9 8 3 1

First 4 / Quartet

Page 22: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

1 Single-race Simple Bets 2 Single-race Exotic Bets

4 All Up 3 Multi-race Exotic Bets

Win

Place

Quinella

Quinella Place

3 Pick 1 (Composite Win)

Winning Trainer (Composite Win)

Winning Region (Composite Win)

Double Trio

Triple Trio

Double

Treble

Six Up

Jockey Challenge

Trio / Tierce

First 4 / Quartet

All Up Formula

Page 23: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

• Double Trio: Pick the top three horses in any order in each of the two nominated races

Example: Race 3 + Race 4

+

Race 3 Race 4

1 3 8 - - 6 7 9 - -

Double Trio

Page 24: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

• Triple Trio: Pick the top three horses in any order in each of the three nominated races

Example: Race 4 + Race 5 + Race 6

• Triple Trio (Consolation): Select the top three horses in any order in the first two Legs of the

three nominated races

Example: Race 4 + Race 5

+ +

Race 5 Race 6 Race 4

2 5 12 - - 1 3 8 - - 6 7 9 - -

1 3 8 - - 6 7 9 - -

Triple Trio

Page 25: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

• Double: Pick the winner in each of the two nominated races

Example: Race 6 + Race 7

• Double (Consolation): Pick the winner in the first nominated race and the 2nd horse in

the second nominated race

Example: Race 6 + Race 7

1st

2nd

1st

+

Race 6 Race 7

or

2 3

8 2

Double

Page 26: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

• Available in the last 3 races of each race meeting

• Treble: Pick the winner in each of the three nominated races

Example: Race 8 + Race 9 + Race 10

• Treble (Consolation): Pick the winner in the first two nominated races and the 2nd horse in

the last nominated race

Example: Race 8 + Race 9 + Race 10

1st

2nd

1st

+ +

Race 8 Race10 Race 9

1st or

Treble

7 8 9

7 5 9

Page 27: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

Six Up

• Available in the last 6 races of each race meeting

• Six Up: Pick the 1st or 2nd horse in each of the six nominated races

Example: Race 5 + Race 6 + Race 7 +

Race 8 + Race 9 + Race 10

• Six Win Bonus: Pick the winner in each of the six nominated races

Example: Race 5 + Race 6 + Race 7 + Race 8 + Race 9 + Race 10

7 or 3 9 or 11 8 or 5

6 or 2 7 or 4 2 or 9

7 8 9 6 2 7

+

Race 5

1st 2nd or

Race 6

1st 2nd or

Race 7

1st 2nd or

Race 8

1st 2nd or

Race 9

1st 2nd or

Race 10

1st 2nd or

+ +

+ +

Page 28: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

• Jockeys will earn Jockey Challenge Points

when their ridings finished in the top

three positions

• Customer can collect a dividend when the

selected jockey earned the most Jockey

Challenge Points at a race meeting

• Jockey Challenge is a kind of Fixed Odds bet

type. The dividend is calculated according to

the odds fixed at the time the bet is accepted

J Moreira

Z Purton K K Chiong

Jockey Challenge

Page 29: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

1 Single-race Simple Bets 2 Single-race Exotic Bets

4 All Up 3 Multi-race Exotic Bets

Win

Place

Quinella

Quinella Place

3 Pick 1 (Composite Win)

Winning Trainer (Composite Win)

Winning Region (Composite Win)

Double Trio

Triple Trio

Double

Treble

Six Up

Jockey Challenge

Trio / Tierce

First 4 / Quartet

All Up Formula

Page 30: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

• Customer can select same or different betting pools for All Up

• Common All Up Betting Pools: Win, Place, Quinella, and Quinella Place

• All Up means placing bet for more than 1 race. Any dividend entitlement from a winning race will be automatically carried forward and reinvested in the subsequent race specified in the bet selection

Example: All Up 3 x 1 Win

Bet $10 ► Win odds: 3 X Win odds: 5 X Win 0dds: 2 = Dividend $300

Total odds = 30

Race 1 Race 2 Race 3

What is All Up?

Page 31: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

Common All Up Formula

Number of

Race

Number of

Combination

2 X 3

• Choose the All Up Formula and number of combinations for 2 - 6 races

Example: 2 X 3

All Up Formula

Page 32: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

Combination Race 3 Race 5 Unit Bet

1 $10

2 $10

3 $10

Unit Bet: $10

Total Bet: $30

• Benefit: Since All Up 2 X 3 consists two bets on single race, customer can collect dividend if he is eligible to the bet dividend in either one of the two races

+

• 2 X 3 means choosing 2 races with 3 combinations

All Up Example (1): 2 X 3

Page 33: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

Combination Race 7 Race 10 Win Odds Bet Amount Dividend#

1 UNIQUE JOYOUS 3.05 $10 $30.5

2 BEAUTY KINGDOM 3.65 $10 $36.5

3 UNIQUE JOYOUS BEAUTY KINGDOM 11.13 (3.05 X 3.65) $10 $111.5

Total Bet $30

Total Dividend $178.5

Net Profit $148.5

# The dividend is rounded-up or rounded-down to the nearest 50 cents

• Example: 10 / 07 / 2016 Sha Tin, Race 7 and Race 10

• All Up 2 X 3 Win: Unit Bet $10, Total Bet $30

+

Real Case Example:

Page 34: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

Combination Race 3 Race 5 Race 6 Unit Bet

1 $10

2 $10

3 $10

4 $10

+

+

+

+ + • All Up 3 x 4 does not consist bets on single race, which is different to All Up 2 x 3, customer can

collect dividend if he is eligible to the bet dividend in either two of the three races

• Benefit: Selecting more number of races in the All Up bet meaning higher “multiplying effect” in odds. The dividend will be more attractive

• 3 X 4 means choosing 3 races with 4 combinations

Unit Bet: $10

Total Bet: $40

All Up Example (2): 3 X 4

Page 35: Introduction of Bet Types in Hong Kongentertainment.hkjc.com/.../pdf/racing-102-e.pdf · Therefore, he bet on Quinella Place by Multiple on the 4 selections, and he is eligible to

Combination Race 3 Race 7 Race 10 Win Odds Bet

Amount Dividend#

1 HIT A HOME RUN

(WIN)

UNIQUE JOYOUS

(WIN)

12.96

(4.25 x 3.05) $10 $129.5

2 HIT A HOME RUN

(WIN)

BEAUTY KINGDOM

(Place)

7.44

(4.25 x 1.75) $10 $74.5

3 UNIQUE JOYOUS

(WIN)

BEAUTY KINGDOM

(Place)

5.34

(3.05 x 1.75) $10 $53.5

4 HIT A HOME RUN

(WIN)

UNIQUE JOYOUS

(WIN)

BEAUTY KINGDOM

(Place)

22.68

(4.25 x 3.05 x 1.75) $10 $227.0

Total Bet $40

Total Dividend $484.5

Net Profit $444.5

# The dividend is rounded-up or rounded-down to the nearest 50 cents

+

+

+ +

+

• Example: 10 / 07 / 2016 Sha Tin, Race 3, Race 7 and Race 10

• All Up 3 X 4 Cross Pool Betting on Win/Place: Unit Bet $10, Total Bet $40

Real Case Example: