Explanation of Fixed Odds Sports Bets
If a Win wager is placed at Fixed Odds, the Win portion of the bet will be paid at a fixed price.
If a Place wager is chosen at fixed odds, the Place portion will be paid at a fixed price but is subject to the field size so check before you bet. These types of bets lock you in at a certain price. I would suggest using these types of bets if you have selected a hot favourite.
More likely the fixed odds are higher than the prices available on the day. You can also secure really good odds on prospects like the melbourne cup through fixed odds. Shocking the winner of last years cup was at fixed odds of $75 to 1 in June, and when he won the race in Novemebr the win price was $10 to 1. A big difference in profit. You are taking a risk though so be sure the animal is likely to run in the event. Let's keep betting easy!
