Fixed price betting is where the bettor selects the current fixed price for a selection on a racing event. The price you see is the price you’ll be guaranteed no matter what happens to the price after you have placed your bet. It is also referred to as fixed odds betting. Fixed odds betting is very common for sports betting. It is less common for racing betting as there are better value bet types available like best of the best and top fluc.
There is a time when fixed price betting can be advantageous. Generally you should consider other bet types like top fluc and best of the best before simply take the fixed odds. However, some bookmakers offer early bird fixed prices on a Thursday and Friday before Saturday meets.
This can be a good time to lock in a great price about your runner IF you believe that their price is very good value and will not get any higher in the lead up to race time.
Fixed odds is a very common bet type for sporting events where there is no tote betting and no bet types available like top fluc. Fixed odds betting for horse racing is simply the fixed price you see at the time. It is still a common bet type despite the availability of other more enticing bet types. However, the fixed odds for horse racing a more prone to fluctuation in the lead up to the event.
All bookmakers offer fixed price betting as it is the most common bet type. For more information on each of our recommended bookmakers, see our bookmakers page.