The U.S. multiracial population has grown substantially in the past decades, yet little is known about how these individuals are positioned in the racial hierarchies of the dating market. Using data from one of the largest dating websites in the United States, we examine how monoracial daters respond to initial messages sent by multiracial daters with various White/non-White racial and ethnic makeups. We test four different theories: hypodescent, multiracial in-betweenness, White equivalence, and what we call a multiracial dividend effect. We find no evidence for the operation of hypodescent. Asian-White daters, in particular, are afforded a heightened status, and Black-White multiracials are treated as an in-between group. For a few specific multiracial gender groups, we find evidence for a dividend effect, where multiracial men and women are preferred above all other groups, including Whites.