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The Quadrella
The Quadrella
The Quadrella is
an investment medium that requires the forecast of the outcomes of four races
nominated by the Totalisator Agency Board (TAB) at a meeting. The Quadrella
in its current form was introduced by the TAB in Victoria in May,
1987.
The Best Investment Medium
The Quadrella has been an unqualified success since day one. The
Age newspaper reported that just a month after its launch the Quadrella had
already overtaken doubles as the most favoured exotic investment medium. In
April 2008 it was reported in Hansard in a sitting of the NSW parliament that
“consumer preferences continue to shift towards the exotic investment options such as the Quadrella”.
Since being launched, the Quadrella
has expanded markedly. Rather than only operating on the main race meeting in
Victoria,
it is now offered on every meeting, every day of the week. Demand for the Quadrella saw it spread into N.S.W. in
2004 and into Queensland and South Australia in 2007. Many corporate bookmakers like Sportingbet have recognized the demand for Quadrellas and have introduced them during 2009.
The Quadrella’s growing
popularity can be attributed to a number of factors including –
- The Quadrella returns
sizeable dividends
for
correctly forecasting what are basically four predictable outcomes. Unlike Lotto, where winning
is all based on the luck of the draw, investors with the right knowledge
can influence their chances of winning Quadrella dividends.
- Large Quadrella payouts occur
regularly and dividends in the tens of thousands of dollars are
common. The investment medium has captured the public’s imagination with
dividends as high as $1.1 million (November 2007).
- The recent
introduction by the TAB of Regular Jackpots has made dividends larger. The TAB often kicks in
Jackpots of $100,000 or more to Quadrella pools. This is essentially ‘free
money’ on offer to investors.
- The introduction
of Flexi Betting
has made the larger dividends easier to win.
Flexi
betting allows you to include more runners for a lower cost in a
Quadrella combination. It also increases your likelihood of collecting large dividends
as you are able to include more value long shots in your Quadrellas. - The Massive Pools
Every day
up to $2 million dollars is invested on Quadrellas around Australia.
Most of this is from punters having a ‘casual Quaddie’ as an
afterthought to their main investments.There is more of this 'uneducated money in Quadrella pools than the pools of any other bet type. - The commission
take out on the Quadrella is relatively low meaning that more is given back
to investors as dividends (See 'The Maths' below).
- Dividends
are available to investors on the same day. The daily payment of dividends compares
more than favourably with other investment options - equities for
example, where dividends are paid annually.
“Every day up to $2 million dollars is
invested on Quadrellas
around Australia – and most of that
amount is returned to
investors as dividends on the same day”.
- The Quadrella only requires a small investment to be in the running to obtain the
substantial dividends on offer. As the amount of required investment is low, so is the level of risk.
- There are many opportunities to
reap the rewards offered by the investment medium as the
Quadrella operates every day of the week.
- Quadrella
dividends are tax free for investors.
What
the Experts Say
One of the most
successful racing investment companies Australia has seen, Ferncourt
Pty. Ltd., was headed up by John Manuel. In a rare interview Manuel was once
asked “What is the best betting medium in Australia?”. Without
hesitation he replied “The Quadrella”. Manuel certainly knows a lot
about the subject of racing investment. In 2003 corporate bookmaker IAS
reportedly paid $18 million to buy his company Ferncourt - primarily for its
racing investment expertise, or to put it more succinctly - punting 'know
how'.
“What
is the best betting medium in Australia?
Without hesitation he replied - The
Quadrella”
High profile racing
investor Stewart Davidson commented in a Sydney Morning Herald interview that
Quadrellas are a good investment medium "If you want to win a heck of
a lot for very little”.
Mathematician Rodger Dedman in his
book Commonsense Punting said “Consistent profits can be made from the
Quadrella” and cited that “Some small punters are well ahead on their
Quadrella operations thanks to one or two windfalls”. This potential to make sizeable profits from
just a couple of good results is another reason why the Quadrella is such an
enticing investment option. Quaddie.com - the Authority on Quadrellas
During 1986-87 we
worked on the development of the Quadrella with the Totalisator Agency Board
of Victoria (TAB). We have also studied punters’ betting patterns in relation
to the Quadrella. These betting patterns have a big impact on the final
dividends. We therefore understand the structure of
the bet type and how to formulate Quadrella combinations aimed at
obtaining the best value and returns from the investment medium. Read the
story of how we helped develop Australia’s favourite bet type here.
The Maths of Quadrella Investing - Why it Adds Up
We need to
get our heads around the maths to fully understand why the Quadrella is such
a great investment medium. In his landmark book ‘Winning More’ Don Scott
explained it this way - He said ”The commission on the Quadrella is 20%. This means you are taxed at a rate of only 5% for each of the four winners as against the 14.5% you pay for backing each single winner on the
TAB. You must conclude that it is far more profitable to play the Quadrella
than to try to back single winners straight out. For punters seeking value,
Quadrella betting is obligatory”.
The Quadrella also
out performs the new BIG 6 bet type as an investment medium. The commission
take out on the Big 6 is 25% compared to 20% for the Quadrella – a difference of 25%. This means that much
more is given back as dividends to Quadrella investors than to BIG 6
punters.
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