Protest Payouts are now offered by most Aussie online bookmakers, but how does it work and which agencies will run the promotion?
If your horse is first past the post but gets demoted by stewards after the race on a protest, your bet will still be a winner - that's a protest payout.
The days of waiting nervously while the stewards deliberate on the protest from the runner-up or placed horses are now behind us.
The bookmakers currently offering Protest Payouts on Australian racing are:
Protest Payouts at Ladbrokes are Valid on Win bets and the Win portion of the Each Way bets only. There is a Maximum limit of $5,000 per customer, per day. Protest Payouts does not apply to multi-bets, exotic bets or bets placed via Pick Your Own Odds. Protest Payout only applies to bets placed on the final field market, pre-post or futures bets are not eligible for the Protest Payout.Sportsbetting
The Sportsbetting Protest Payout applies to every Australian horse race and harness race. Sportsbetting offers Protest Payout for win markets only and single bets (no multi bets). There is a maximum payout limit of $1,000 per customer per race. Bets placed with bonus credit (bonus bets) do not qualify for a Protest Payout. and only eligible customers, who have been previously notified of their qualification for promotions qualify for receiving a protest payout.
Bet365 Protest Payouts applies to Win and Place single and multiple bets, In-Play bets, forecasts, Tricasts, Trifectas, Quinellas, exactas and first 4. It does not apply to Tote based doubles, Trebles or Quadrellas. For Tote Win and Place markets, the dividend will be calculated using the final dividend displayed on each tote's website.
Sportsbet offer Protest Payouts on single bets only. This means you are not eligible for a Protest Payout in a multi bet. This offer only applies to races where the horse that is first past the post is relegated. Where a horse finishes in 2nd or 3rd and falls out of a placing as a result of the protest, there will not be a Protest Payout. Only final field bets will be paid out. Futures bets are not eligible for a Protest Payout.