
<p>So you’ve started delving deeper and deeper into the world of horse racing, and you’ve stumbled upon the fabled world of exotic betting. There’s seemingly a never ending list of <a href="https://www.sportsbet.com.au/huddle/punter-iq/guide/australian-horse-racing-terminology">horse racing terminology</a> for new punters to be across. Luckily on <a href="https://www.sportsbet.com.au/huddle">The Huddle</a>, we have all the answers. </p>
<p>So, just what is a Quaddie? Never fear, we will answer this and more in our guide below.</p>
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<h2>What is a Quaddie in Betting?</h2>
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<p>A Quadrella or Quaddie as it’s known in the annals of <a href="https://www.sportsbet.com.au/huddle/punter-iq/guide/punting-lingo-guide">aussie punting lingo</a> is a type of exotic bet in horse racing that requires a punter to successfully pick the four winners in four consecutive races.</p>
<p>One of the most straightforward exotic bet types, a Quaddie is a great way for new punters to try their luck in the world of exotics.</p>
<p>While picking four consecutive winners is obviously challenging, you can increase your chances of placing a successful Quaddie by selecting multiple runners in each race.</p>
<p>This is a Multiple Quadrella and as with any wager that increases your chance of winning, it comes at cost, paying less than a traditional Quadrella based on how many runners you pick in each race.</p>
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<h2>How Does a Quaddie Work in Betting?</h2>
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<p>As with most exotic bets, a Quaddie is a form of parimutuel or pool betting where all bets go into what is commonly referred to as a tote.</p>
<p>Returns on a winning Quadrella are determined by the amount in the tote. If you are unsure how this works, consult our <a href="https://www.sportsbet.com.au/huddle/punter-iq/guide/what-is-tote-betting/">What is Tote Betting</a> guide.</p>
<p>In short, the more money in the pot and the more unique the bet, the bigger the returns.</p>
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<h3>How Do Quaddie Payouts Get Calculated?</h3>
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<p>As with any tote bet, the amount paid out is dependent on the amount of money it the pool and based on the picks of other punters.</p>
<p>During big races, such as the Melbourne Cup, Quaddie pools can reach eye-watering figures due to the number of wagers being placed. </p>
<p>There is no right or wrong way to pick a Quaddie, but there is a right and wrong way to spend the winnings, so when your better half isn’t a fan of your new back tattoo of the four winning runners you selected, don’t say we didn’t warn you.</p>
<p>If you are looking for a bit of expert advice for your quaddie however, make sure to <a href="https://www.sportsbet.com.au/huddle/horse-racing/tips">check out our racing tips here on The Huddle</a>.</p>
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<h3>How to Place a Quaddie</h3>
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<p>Placing a Quaddie couldn’t be easier on the Sportsbet app and website. Simply select your first of four consecutive races, locate the Quaddie or Early Quaddie tab on the race card, then pick your horse or horses from each race by clicking the “add” button located next to each runner.</p>
<p>You then enter your stake or <a href="https://www.sportsbet.com.au/huddle/punter-iq/guide/what-is-flexi-betting">Flexi percentage</a> (100% Flexi would mean you receive 100% of the dividend of your wager). Review and then finalise your bet and you’re off to the races!</p>
<p>There are few wagers that can match the excitement of a successful Quaddie unfolding before your eyes. Especially if your first three legs get up and you’re riding home that final runner.</p>
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