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    4. NSW Official Price (NOP) explained

    NSW Official Price (NOP) explained

    The NSW Official Price is the price service behind the flucs, SP and top fluc at NSW TAB race meetings since May 2017: what it replaced and why it matters.

    By the B337 team. Last updated 7 October 2026.

    The short answer

    • The NSW Official Price (NOP) is the official price service for NSW TAB race meetings, introduced by Racing NSW in May 2017.
    • It is calculated from the prices of the larger wagering operators on NSW races, which Racing NSW says include the corporate bookmakers and TAB fixed odds.
    • For those meetings the official price fluctuations, the starting price (SP) and the top fluc all come from the NOP service.
    • It replaced the Australian Prices Network bookmakers' prices model, which took its prices from on-course bookmakers.
    • Whether an SP or top fluc bet is paid on the official figure is set by your bookmaker's terms, so read them.

    On this page

    1. What the NSW Official Price replaced
    2. Why the NOP matters for SP and top fluc bets
    3. Official flucs against a bookmaker's own price
    4. The NOP and the Terminal's price history

    The NSW Official Price (NOP) is the official price for each runner at NSW TAB race meetings, worked out from the prices the larger wagering operators offer on the race. Racing NSW brought it in from May 2017, and at those meetings the official price fluctuations, the starting price (SP) and the top fluc all come from the NOP service.

    Racing NSW's bookmakers and betting page, checked in October 2026, says those operators include the corporate bookmakers and TAB fixed odds. Racing NSW describes the service for NSW TAB race meetings, and this entry is about those meetings only. The other price types a racing bet can be paid at are in horse racing betting.

    What the NSW Official Price replaced

    Before May 2017From May 2017
    Official price serviceAustralian Prices Network (APN) bookmakers' prices modelNSW Official Price
    Prices taken fromOn-course bookmakersThe larger wagering operators, including corporate bookmakers and TAB fixed odds

    Racing NSW's 2017 notice of the change says the price is drawn from the prices a number of wagering operators offer during betting, as determined by Racing NSW stewards. At the close of betting, it says, the same formula sets the starting price for the official results. It also said the on-course bookmakers whose prices fed the old model would be given the chance to join the calculation for metropolitan meetings.

    Why the NOP matters for SP and top fluc bets

    At a NSW TAB meeting the official SP is the NOP when betting closes, and the official top fluc comes from the same NOP fluc line. With an illustrative official fluc line for one runner:

    Point in the marketOfficial price$10 paid at that price returns
    First fluc$6.00$60.00
    Highest fluc$7.50$75.00
    Starting price$6.50$65.00

    A $10 SP bet returns $65 if the runner wins. A $10 top fluc bet returns $75 only if the highest fluc falls inside the window your bookmaker's terms set, and only if those terms pay on the official flucs rather than the bookmaker's own. Starting price betting and top fluc explain both products.

    Official flucs against a bookmaker's own price

    The NOP is drawn from several operators, so at any moment it can sit above or below one bookmaker's own price on the same runner. A fluc line shows where the market went, not why; horse racing flucs covers firmers, drifters and what a move can mean. Two readings cost punters money:

    • Treating an official fluc as a price you could have taken. It records the market; a fixed-odds bet is paid at the price your bookmaker accepted.
    • Assuming every SP bet is paid at the NOP. Your bookmaker's terms say which starting price applies, so check before you take SP.

    The NOP and the Terminal's price history

    The Terminal's price history is a different record again: it shows how each bookmaker's own published price moved, read on a repeating cycle, with closing lines for the last prices before the jump. It compares bookmakers' prices and is not the NSW Official Price, so settle an SP or top fluc question against the official figure your bookmaker's terms name. Bookmaker names are trade marks of their owners. B337 is not affiliated with them.

    Risk: Betting involves risk. An SP or top fluc bet still loses its whole stake when the runner is beaten, and the price it is paid at is not known until the market or the window closes. See responsible gambling for limits and support.

    Questions

    What is the official price in horse racing?
    In NSW it is the NSW Official Price, the price Racing NSW treats as official for each runner at NSW TAB race meetings and the source of the published price fluctuations and the starting price. Racing NSW says it has done that job since May 2017.
    What does NOP stand for in horse racing?
    NOP is short for the NSW Official Price, Racing NSW's name for the official price service at NSW TAB race meetings.
    Does the NSW Official Price apply to races outside NSW?
    Racing NSW describes it only as the official price service for NSW TAB race meetings, calculated from the larger operators that offer wagering on NSW races.
    Is the NOP the same as my bookmaker's starting price?
    Not necessarily. A bookmaker's terms say which starting price its SP bets are paid at, so read them to see whether that is the official figure for a NSW TAB meeting.

    Sources

    • Bookmakers and Betting: NSW Official Price, Racing NSW
    • NSW Official Price: Fluctuations and Starting Price for NSW TAB race meetings, Racing NSW

    Related

    • Horse racing betting in Australia: the bets, the prices and how they pay
    • Starting price (SP) betting in Australia and how SP is set
    • What top fluc means and how a top fluc bet is paid
    • Horse racing flucs and how to read a runner's price history
    • Opening price in horse racing
    • Photo finish in horse racing
    • Plunge in horse racing
    • Roughie meaning in horse racing

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