Lux div is a bet type that guarantees punters the best price on the 3 totes or the official starting price; whichever is higher. Better div is a great option for punters wanting to bet in the 30 minutes before the race. The bookmakers all call this bet type something different. Luxbet call it Luxdiv, Sportingbet call it Maxidiv, Centrebet – Super Best, Sportsbet – City Best Plus and Betfair calls it Fair Div.
Better div comes in handy when backing outsiders as the tote prices on outsiders can vary considerably between the 3 totes. However, whilst it may be more useful than top fluc on occasions, it is not a better betting option than best of the best.
The example shows the variances in declared dividends between the 3 totes and also the offical starting price (SP). Better div pays the higher of these 4 bet types.
Not all of the leading bookmakers now offer this bet type with the exception of Iasbet. The bookmakers that do all call their version of this bet type something different eg. Luxbet – Luxdiv, Sportingbet – Maxidiv, Centrebet – Super Best Plus, Sportsbet – City Best Plus and Betfair – Fair Div. For more information, see our bookmakers page or visit Bookie Guide; the complete guide to betting with Australia’s online bookmakers.