I personally think that a First Four bet is one of the most thrilling and profitable exotic bets in Australian horse racing. In this guide, you will learn how to make a First Four bet, how much it will cost you, and the various types of bets, as well as how to maximise your odds of winning - all at AustralianBettingSites.

First Four Betting Guide
First Four Bet Tips
First Four Bets Explained
First Four betting involves choosing the horses that will come 1st, 2nd, 3rd and 4th in a specific order. It is among the most difficult exotic bets to hit but it can pay huge amounts, sometimes in thousands.
- First four bet meaning: Place a bet on who will finish first, second, third and fourth in a race.
- First four bet explained: It can be played in several ways, straight, boxed, standout, or a combination of several. The more the coverage, the higher your chance, but the more expensive it becomes.
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First Four Betting Strategies
Here are 5 first four betting strategies to help you land a big win:
- Box Key Runners: Select one outstanding or favourite horse as your key to win and box some other horses around it to fill other placings. This provides you with a little flexibility, but a good anchor. This approach is effective in large races with an obvious stand-out, such as what punters seek in Melbourne Cup Tips.
- Use Speed Maps: Speed maps assist you in determining which horses will go on the lead, midfield, or start out the back. A range of running styles also provides you with more coverage. Similarly to NRL Tips, where the formation and momentum of teams are important, the pace scenarios can be used to make wiser choices.
- Throw in Roughies: Adding one or two outsiders can make a huge difference to your potential gain. These longshots can creep into the placings, particularly in large and unpredictable fields, just as hidden value may be found in Greyhound Betting, where a wide box runner may surprise an upset.
- Watch Betting Moves: It is possible to get late market movements indicating stable confidence or good mail by insiders. When a horse firms up a lot, it would be worth considering, even when it was not on your radar in the first place. Just as in Tennis betting, when sharp money can turn the odds, late action is often a lot to tell.
- Flexi Betting: On a flexi bet, you can increase the amount of your investment and still receive a piece of the payout even when you are not able to invest in the full unit. It is a cost effective method of covering more combinations, as it is with multiple leg multis in AFL tipswhereby risk is spread cheaply.
First Four Bet Types
Bet Type | How It Works | Example Bet | Winning Bet | Losing Bet |
Straight First Four | Pick 1st to 4th in exact order | 4, 7, 2, 9 | Horses finish 4-7-2-9 → Win | Any horse finishes out of order → Lose |
Boxed First Four | Pick 4+ horses to finish top 4 in any order | 1, 2, 3, 4 | All selected horses finish top 4 → Win | One or more finish outside top 4 → Lose |
Standout First Four | Pick 1 horse to win, others fill 2nd–4th in any order | 3 (win), 1, 4, 5 (others) | 3 wins, others place in any 2nd–4th order → Win | 3 doesn’t win or others miss top 4 → Lose |
Multiple First Four | Select multiple horses for each position | 1–2 for 1st, 3–4 for 2nd/3rd, 5–6 for 4th | One full combo finishes in exact order → Win | No full combo hits in correct order → Lose |
First Four vs Exacta
The comparison between risk and reward can be made with the help of understanding first four vs other bet types, such as the difference between exacta.
Bet Type | How It Works | Example Bet | Winning Bet | Losing Bet |
Exacta | Pick 1st and 2nd in exact order | 4 to win, 7 to run 2nd | Result: 4-7 → Win | Any other order → Lose |
First Four | Pick 1st to 4th in exact order | 3, 5, 1, 9 | Result: 3-5-1-9 → Win | One horse out of order → Lose |
First Four vs Trifecta
This first four bet horse racing comparison with trifectas is all about greater risk and greater prices.
Bet Type | How It Works | Example Bet | Winning Bet | Losing Bet |
Trifecta | Pick 1st, 2nd, and 3rd in exact order (or box in any order) | 7, 2, 1 | Result: 7-2-1 → Win | Any horse outside top 3 or wrong order → Lose |
First Four | Pick 1st to 4th in exact order | 4, 9, 2, 6 | Result: 4-9-2-6 → Win | Any horse out of order or outside top 4 → Lose |
Examples of First Four Bets
It is good to have an idea of how various types of bets are actually played out in real races when making a First Four. With the best betting apps and betting sites, you can have access to different First Four formats and customise your bet in terms of risk and reward.
Bet Type | How It Works | Example Bet | Winning Bet | Losing Bet |
Boxed First Four | Select 4+ horses to finish in top 4 in any order | Horses 1, 3, 5, 7 | All finish top 4 in any order → Win | One or more horses finish outside top 4 → Lose |
Straight First Four | Pick exact order of top four finishers | 4, 6, 2, 1 | Finish in that exact order → Win | Any horse finishes out of order → Lose |
Standout First Four | Pick one horse to win and others to fill 2nd–4th in any order | 8 to win; 1, 2, 6 to place | 8 wins; others finish in top 4 → Win | 8 doesn’t win or others miss top 4 → Lose |
Multiple First Four | Pick multiple combinations for each position | 1-2 for 1st, 3-4 for 2nd/3rd, 5-6 for 4th | Any one combo matches exact order → Win | All combinations fail to match race order → Lose |
First Four Bet vs Other Exotic Bets
Among the exotic bets, First Four betting is one of the bets that can pay the highest and it is also a difficult bet. It is important to measure your risk tolerance and anticipated payoff when comparing it to other alternatives, such as quinellas or trifectas. Most betting bonuses extend to exotic bets that can provide your bankroll with an added advantage.
Bet Type | How It Works | Example Bet | Winning Bet | Losing Bet |
Quinella | Pick 1st and 2nd in any order | Horses 4, 5 | Finish 4-5 or 5-4 → Win | One horse misses top 2 → Lose |
Trifecta | Pick 1st, 2nd, and 3rd in exact order | 1, 7, 9 | Finish in that exact order → Win | Wrong order or any horse misses top 3 → Lose |
First Four | Pick 1st to 4th in exact order | 2, 6, 1, 4 | Finish in that exact order → Win | One or more horses in wrong position → Lose |
First Four Tips
FAQs
How does First Four betting work?
First four bet rules mean that you have to select the first four horses to finish the line in the correct order.
What is an example of a First Four bet?
A horse bet on 3, 5, 1 and 8 to come 1st-4th respectively. Horse racing tips use it a lot for their articles as well.
How does a First Four payout work?
Commission is deducted to leave a pool of winnings, which is then divided among all the correct tickets.
What are the benefits of placing a First Four bet?
Huge possible rewards with little investment.
How does First Four compare to other exotic bets?
It is more difficult to win than trifectas or quinellas, but it is more lucrative.
How to calculate the First 4 odds?
Combinations x and stake / cost total to give your payout %.
Can a First 4 pay less than a Trifecta?
Yeh it can happen sometimes, but it is unusual, normally First Four is more difficult and therefore pays more.
What is the biggest First Four payout?
According to a Sydney Morning Herald article, a Melbourne Cup first four payout broke a new record in 2012, paying $1,467,009 for the combo of Green Moon, Fiorente, Jakkalberry and Kelinni. If you had some of that, congrats!
How much does it cost to box 6 horses in First 4?
6 x 5 x 4 x 3 combinations costs $360 per full unit.
What is a First Four bet in Horse Racing?
It is an exotic bet in which you pick the first four finishers in the correct order.
Matt is a sports and racing writer who has been working in the field since 2016. He has provided betting tips for some of the biggest companies in the market, including Sportsbet, William Hill, PlayUp, and Betr, across a range of sports such as AFL, NRL, NBA, NFL, BBL, MLB, and Horse Racing. He is a serious participant in horse racing as a race horse owner with Viva Racing and a close associate of thoroughbredsales.com.au, the leading racehorse directory in Australia. His betting strategy focuses on identifying trends and using them to generate the best possible tips or advice.