News from TAB
The TAB launches the much anticipated Triple Trio with a $1 million prize pool guaranteed for its debut at the Wellington Races’ Telegraph Handicap Day at Trentham this Saturday. Hugely popular overseas due to the massive pay-outs people receive, this type of bet has been hailed as a potential life-changer for winners. Betting is available from today.
Players need to select the first three horses in any order in three consecutive races. If nobody wins, the prize pool jackpots creating the potential for jaw-droppingly huge racing pay-outs. For as little as $8 anyone could become an instant millionaire from a single bet.
TAB Executive General Manager Glenn Patrick said the launch was a major milestone for betting in New Zealand and a brand new product for all Kiwis who like to enter competitions with the chance of cashing-in big.
“In some ways it’s comparable to Lotto or Instant Kiwi in that it’s very easy. People can pick their own horses or the TAB computer can automatically generate the horses with an ‘Easybet’. A difference is that people can research the horses they pick, or the TAB computer can generate picks based on bets other people are making – so it’s less random than a straight lottery and there is the added excitement of watching the races, whether from home or live at the track.
“Globally, lots of people enter lotteries with an infinitesimal chance of winning a big pay-out – and there’s nothing wrong with that – but with Triple Trio all people need to do is pick the first three horses, in any order, in three races and it could potentially change their life forever,” said Mr Patrick.
As well as having the option to make a full bet, people can pay a percentage of the cost of the bet and receive the same percentage of the dividend. In addition to winning the huge first prize pool, there is an opportunity to win a second prize pool if people pick the first three horses in the first two races but not the third.
Triple Trio will be available on Saturdays, usually on the last three races of the day.
The TAB has guaranteed a $1 million prize pool for Triple Trio’s first two outings on Telegraph Handicap at Trentham this Saturday 18 January and Wellington Cup Day at Trentham on Saturday 25 January. There will be a special marquee set up for Triple Trio at the Telegraph Handicap, which also features the popular Trentham Wine & Racing Festival.
Triple Trio bets can be purchased at the racecourse, from local TABs, at tab.co.nz and over the phone.