Availability and Naming
For a trio bet to be successful, you must correctly predict the runners that occupy the first three finishing positions. You do not need to predict the correct order in which they will finish.
If less than three runners finish a race, all trio bets shall be lost, unless the Totalisator determined trio odds.
Generally the trio odds used for the payout of bookmaker bets are the odds provided by the Totalisator. If there is no winning trio bet at the Totalisator, RaceBets shall calculate the trio odds as follows:
The replacement odds calculation is based on the three place odds. The sum of the winnings part of the three place odds (odds minus 1) results in a base number that is multiplied by X. Trio odds are then obtained by adding 1 to the product. X is dependent on the base number:
2.59 or less: X = 6
2.60 to 4.09: X = 7
4.10 to 5.09: X = 8
5.10 to 6.09: X = 15
6.10 to 7.09: X = 18
7.10 to 8.09: X = 21
8.10 to 9.09: X = 24
The calculated odds shall be at most the reserve odds or the tricast odds in such race, whichever is lower. Should the Totalisator not determine all three place odds or determine place odds of 1.00 for one or more of the places, odds of 1.10 shall be assumed for such places for the purpose of this calculation.
Regardless of any special rules at the Totalisator (e.g. payout on the first two runners), all other trio bets shall be lost.
Place odds 1.40, 1.20, and 1.60
Base number = 0.4 + 0.2 + 0.6 = 1.2
Thus X = 6
Trio odds = 1.2 x 6 + 1 = 8.20