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What’s got three legs and a Cash Out? Your Quaddie

Fri, Oct 7, 8:24am by Staff Writer

We all know the feeling of winning the first three legs of the quaddie only for your final leg to get pipped at the line leaving you eating McDonalds instead of seafood. Well, that heartbreak may have just become a thing of the past.

The TAB have become the first Australian company to give you the ability to take your money and run, even before the quaddie has finished.

The cash out option allows you to take an early payment for a pending quaddie bet before the final result is known. The new rule gives you the ability to cash out your bet after the first, second or third legs.

There is also a partial cash out allows you to take an early payment for part of a pending quaddie bet before the final result is known. Your remaining potential collect from the bet will be reduced in line with the portion of the bet you partially cashed out.

“Having a Quaddie is well and truly part of the Australian betting culture and something that is extremely popular with our customers, particularly in Victoria where 36% of our customers have put on a Quaddie in the last 12 months. We expect punters to enjoy having the flexibility of cashing out and we believe this reinforces TAB as the market leader in racing and racing products,” said TAB’s Head of Media Adam Hamilton.

“A great feature of the new product is that you can opt for a partial cash-out. You might want to get your outlay back and let the rest ride.”

Cash out will not be available across all events. Multi and single fixed odds bets & quaddie and early quaddie bets are included. Super multi bets (parlays), combo bets, bonus bets, trackside bets, Hong Kong quaddie bets and all non-quaddie pari-mutuel bets are excluded.

Most importantly, cashing out won’t impact existing pools, with TAB guaranteeing other punters won’t be impacted.

The new option is available across all TAB retail and digital channels, self-service terminals and mobile applications. It will also be available online on the TAB’s website. Once an early payment has been paid in relation to a bet, it cannot be cancelled.

Indicators of cash out availability are provided alongside market descriptions on self-service terminals, on the TAB’s website and on mobile apps before you place your bet.

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