The term "quadpot" refers to a form of betting pool, usually associated with horse racing or greyhound racing, wherein participants aim to correctly predict the winners of four specific races. It is a type of "tote" betting, where the total prize pool is distributed among those who successfully predict the winning selections.
In a quadpot, punters choose one or more horses or greyhounds from each of the four designated races to place in the top four positions. The goal is to accurately predict the order of the first four finishes in all four races. If a participant successfully picks four correct selections, the quadpot is won. In the event no one accurately predicts all four winners, the pool carries over to the next qualifying race, resulting in a potentially larger prize pot.
This form of betting requires a significant level of skill and analysis, as it involves predicting the outcomes of multiple races. Participants utilize their knowledge of form, jockeys, trainers, track conditions, and other factors to make informed choices. The quadpot enhances the excitement of racing events, as it allows bettors to engage in multiple races, increasing their potential returns.
Overall, the quadpot is a popular betting option for individuals interested in horse or greyhound racing, providing an opportunity to test their betting skills and potentially win a share of the prize pool by correctly predicting the winners of four specific races.
