Punters lament paltry quadrella dividend at Caulfield

| July 29, 2020

Thousands of punters successfully landed the quadrella at Caulfield on the weekend (25th July 2020) but their joy quickly subsided as the meagre payout of $65.20 was posted.

Quadrella punters
Mystery Shot completes the final leg of an all-favourites quadrella at Caulfield.

The winning combination of 5,4,2,1 comprised of 4 favourites (the first leg equal favourite) thus ensuring many punters had a winning ticket. 

The way the quadrella works is that the win pool is divided by the number of winning tickets. Thus, the more winning tickets, the less proportion of the cash each punter receives.

Form analysts at Villagebet.com.au, who are generally lauded for their success at delivering winning quadrellas, were circumspect about the result, stating that a win is a win.

However, many punters invested far greater stakes in order to include less fancied runners to boost the dividend. This meant that although they selected the winning combination, they still came out with a negative revenue result.

For example, selecting only 3 horses in each leg (3x3x3x3) for $1 units would require a larger investment ($81) than the eventual payout ($65.20).

Villagebet.com.au includes quadrella selections in its racing tips published every Saturday morning. This time it picked a 24-combination set, and consequently the winning dividend produced a 272% return on investment.

Favourite quadrella

The 4 legs of the quadrella all went the way punters predicted. 

Morrissy $4.20 shared favouritism with Great Duchess in the first leg. The next 3 legs were won by clear favourites, resulting in the paltry dividend.

In leg 1, Craig Williams took Morrissy straight to the front and, after stealing cheap sectionals, bolted away entering the straight and maintained a comfortable lead, giving nothing else a chance.

In leg 2, Viridine $2.70 travelled about midfield but scraped the paint throughout the entire race under smart riding from Damien Oliver. He snuck up on the inside in the straight and punched out to win from Streets of Avalon.

A peach of a ride from Rhys Mcleod saw the favourite Mahamedeis $2.60 win the stayers race. Sitting midfield throughout, the favourite moved comfortably to the leading pack and surged clear down the straight.

Mystery Shot $1.65 saluted in the last leg for favourite punters. The unbeaten 3YO gave up the lead at the 800m to Oliver’s mount Wicklow Town but never let the leader cross to the rails. Ultimately this proved the decisive move as Mystery Shot was able to get up on the inside and outstay the $11 outsider.

Odds of winning

Winning dividends of $3.90, $2.60, $2.50 and $1.70 for winners of the four legs ensured a less than generous quaddie payout.

With fields of 10, 8, 14, and 9 horses for the 4 races, the odds of winning without considering relative form are 1 in 10,080. When you consider this is less than a 0.01% chance, if selections are made at random, the $65.20 payout was rather disappointing.

Imagine those who use flexi-betting to reduce the cost of their quaddie bet. For a quadrella bet (24 combinations) for the price of a coffee, the return was a few pennies over $12. Luckily, New Zealand punters can make better use of their punting dollar at https://casinoguide.nz/new-zealand-casino/​​​​​​​, but it is not possible for Australians to play there due to local legislation.

The quaddie at Caulfield was so easy for punters that it was almost an embarrassment to those who missed it. Thoughts and prayers also to the winning punters who included so many combinations they lost money on the exercise. 

The small payout was a poor result for the majority of quaddie punters who religiously include value runners to ensure a decent dividend. This was a day to believe, not hedge bets.

Public response

Social media blew up with amusing anecdotes.

One media personality tweeted:

Always a good day when you come home from work & the boys send a message to say we got the Quaddie. 27% I thought you beauty! Unfortunately for our group ( outlay $576 ) we ended up with $16.28 to split between us. #qualitypunting

Another user provided an interesting perspective. In reference to the debilitating effect on mental health of Victorians locked in their homes because of the coronavirus outbreak, G2 tweeted:

Honestly winning this quaddie is the happiest I’ve been all iso.

Yes, it’s been tough.

But the boys on sports radio behaved like they’d won Tattslotto. Settle down guys. It was only $65. Sometimes you wonder whether so called “form analysts” are worth listening to, when they claim a $65 quaddie win.

How to spend the winnings

For those who dream of paying off their mortgage or buying a luxury yacht we have advice on how to spend the winnings. A round of pizzas for the family? A take-away curry? Unfortunately, no eating in fancy restaurants or cracking open a bottle of champagne. Let’s leave that for another day. As sure as the day is long, the quaddie will quickly return to its impossible glory.

Category: Betting

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