Betfair vs TAB
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!
It's a while ago now, but it's a perfect example of how Betfair value can work for the punter for a very profitable result. The 2010 Australian Guineas winner at Flemington was Rock Classic, and the talented galloper 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.
A Betfair account ensures the best odds time and time again. Accepting inferior odds from the TAB is a thing of the past. The betting exchange gives you the option to find the best price for your selection every time you place a bet.
Smart Punters have a Betfair account
To win on the punt it's essential to get the best odds for your bet. That's where a Betfair account is a must for the serious punter.
You can join Betfair here right now and check out their value prices for yourself. It's free to open a new account and better odds equates to more profit over time.
Score the Best Odds for your Bet!
Open a new Betfair account right now and start enjoying the best odds for your bet.
We highly recommend a Betfair account for horse racing.
Betfair vs Tab at major racing carnivals
See below how Betfair prices compared to the best available final TAB dividend during the 2014 autumn racing carnival in Sydney to see exactly why you should be betting at Betfair. If you are still punting at the TAB then you are missing out on the best odds for your bet!
| Group 1 Race | Winner | TAB | BETFAIR | % Diff |
| Carbine Club Stakes | Gypsy Diamond | $2.70 | $3.19 | +0.49 |
| PJ Bell Stakes | Politeness | $11.00 | $13.00 | +2.00 |
| Chairman's Handicap | The Offer | $2.50 | $2.72 | +0.22 |
| Sires Produce Stakes | Peggy Jean | $3.80 | $5.64 | +1.86 |
| ATC Australian Derby | Criterion | $2.90 | $3.35 | +0.45 |
| The TJ Smith | Lankan Rupee | $3.70 | $4.20 | +0.50 |
| Adrian Knox Stakes | Arabian Gold | $6.00 | $7.16 | +1.16 |
| Aurie's Star Handicap | Tiger Tees | $2.90 | $3.06 | +0.16 |
| Alister Clark Stakes | Pheidon | $6.80 | $9.50 | +2.70 |
| George Ryder Stakes | Gordon Lord Byron | $20.40 | $27.00 | +6.60 |
| Golden Slipper Stakes | Mossfun | $5.90 | $7.98 | +2.08 |
| Return from $10 win on each horse | $686 | $868 | +$182 | |
If you are still betting on the TAB then it's costing you money. Join Betfair here now
More Betfair information
With over a million customers around the world Betfair is the number one choice for most punters. If you're 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.
Being a successful punter is all about receiving the best available prices for your outlay. Accepting poor value odds from the TAB means you are losing even when you win!
We recommend you Try Betfair for FREE and check out the great odds for yourself
Learn more about betting at the Betfair Hub, which is free for punters!
Recommended Bookmakers
* Conditions apply to all bookmaker offers
Online Betting Guide
Learn how to choose an online bookmaker, open an account, deposit funds, place a bet and collect your winnings.
Find out how bookmaker percentages allow bookies to frame a betting market to gain an edge over punters.
Learn how to price a horse race and set your own odds by framing your own betting market.
What are the different types of racing bets? Learn about the most common horse racing bet types available in Australia.
What is a form guide? Find out how to read and understand a horse racing form guide.
Looking for racing terminology, lingo or slang? Our horse racing glossary explains common terms and sayings.
What is the shortest distance a horse can win by? Horse racing winning margins and distances explained.
Where to Bet
Unibet Bookmaker
Unibet offers a top racing product with excellent fixed priced odds and unique member promotions. Punters can enjoy more than competitive odds for racing, while racehorse owners can are well catered for too.
Betting with bookmakers is subject to terms and conditions.