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TAB and the three codes of racing in New South Wales today announced the launch of an exciting new bet type called Odds and Evens.

Odds and Evens has a much lower take out than other bet types giving higher dividends to the punter. Image by Steve Hart Photographics

This new bet type will fund the $7.5 million Golden Eagle to be run at Rosehill Gardens on 2 November 2019.

In addition, it will fund a new $1 million race for Harness Racing NSW and a $1 million race for Greyhound Racing NSW of which dates and races will be announced at a later date.

Odds and Evens is a simple bet where the punter selects if the numbers of the first two placegetters are either odd numbers or even numbers or split, where one is an odd number and the other an even number.

Importantly, the Bet type has a much lower take out than other bet types, hence giving higher dividends to the punter.

Examples:

• If the first two placegetters in a race are numbers 3 and 5, then punters who had backed Odds will win

• If the first two placegetters in a race are numbers 8 and 2, then punters who had backed Evens will win

• If the first two placegetters in a race are numbers 5 and 8, then punters who had backed Split will win

TAB will also utilise merged pool technology to maximise the liquidity of Odds and Evens by merging the pool with Quinella bets.

Odds and Evens will be available on all race meetings wagered on through the NSW TAB from today onwards.