Best of the Best (BOB)
16 Thu, Jan 2025
Jplummer
This betting option offers the highest price available, combining the top odds across the three main Australian totes and the Top Fluctuation (Top Fluc) price. It is typically available only for Saturday metropolitan race meetings and must be secured up to 35 minutes before the race begins. Most bookmakers impose a maximum bet size for this price type, often capped at $250.
Advantages
- Competitive Odds: Punters receive odds likely to be within the top 5% of prices available across all Australian bookmakers for a specific horse, without needing to compare multiple Fixed Odds (FO) markets manually.
- Price Assurance: Includes the Top Fluc (TF) component, providing insurance against price drops or increases after the bet is placed.
Disadvantages
- Timing Limitation: Bets must be placed more than 35 minutes before the race, excluding punters from market movements that occur closer to the race, which could offer valuable insights into a horse’s chances of winning.
- Restricted Bet Sizes: Bookmakers often limit the maximum bet amount, reducing the potential returns for high-stakes bettors.