A quaddie is a bet type whereby the bettor must select the winner of each of the four nominated quaddie races.

The bettor can select any number of possible winners in each leg. The cost of a quaddie bet is calculated by multiplying the number of selections in each leg. The quaddie can also be referred to as a quadrella.

A quaddie is a form of pari-mutuel betting where all bets go into a pool, the winning dividend is determined by dividing up the total pool among the winning bets. The payouts for quaddies can range from \$40 right up to \$100,000 depending on the results of each race. As an example, the 2018 Melbourne Cup quaddie paid a dividend of \$25,194.50. Quaddie dividends are declared for a \$1 unit.

## Example of a quaddie bet

The example shows a quadrella bet where the bettor has picked a varying number of selections in each leg. The cost of the bet is \$80, which is the number of possible winning combinations for the selections.

## Betting sites that offer quadrella betting

The best online betting sites offer quaddie betting to their customers. They simply payout the value of the dividend declared by the tote.