Racing

To say that betting on thoroughbred racing is popular in Australia would be the understatement of the century. It is the country’s third-best attended spectator sport, beaten only by the rugby league and Aussie rules football.

In fact, it is so popular that, six years ago, more than AU$14 billion was bet on it in one year. Another clue to its popularity is the fact that the country has the highest number of racecourses in the world.

Betting on thoroughbred racing continues to grow in popularity. This is no doubt partly due to the effect of online bookmakers.

Not only do they make it much easier for punters in Australia to bet on the horses, but they also have helped eliminate off-course betting that, quite frankly, was illegal and associated with staggering levels of corruption and rigging.

Betting on Important Australian Thoroughbred Races

Australia’s love affair with thoroughbred racing began almost three centuries ago. As a result of this passion for all things equine, the country has seen a number of its races rise to become some of the most important races in the world.

What’s more, those races are also famous for the intense levels of horse racing betting action they offer punters. Some of the races that punters should look out for in online bookmakers’ markets are the VRC Oaks, the Victoria Derby, the Golden Slipper Stakes, the Caulfield Cup, the WS Cox Plate, and the Melbourne Cup.

There are two main types of thoroughbred racing in Australia; one being races that include hurdles, and the other being flat races, in which horses run on a flat course.

Bets Punters Can Place on Thoroughbred Racing

Using online bookmakers, Australian punters can place an interesting range of thoroughbred racing bets. They have the freedom to place either one or multiple bets.

Some of the bet types favoured by punters include the ever-popular win bet, placed on a horse to win a race; place bets, placed on a horse to finish either first or second; and show bets, placed on a horse to finish either first, second, or third.

Exacta bets are also popular with Australian racing punters. These bets are placed on two horses to place first and second, in order. Similar to exacta bets are trifecta and superfecta bets; the first being a bet on three horses to place in the top three, in order, and the second being a bet on four horses to place in the top four, in order.

Trifecta key and Superfecta key bets are variations on the theme. Trifecta key bets are placed on three horses, one of which must be chosen to win. In the same way, superfecta key bets are placed on four horses, one of which must be chosen as a winner.

The winning horse in trifecta and superfecta key bets must be followed by the other horses chosen by the punter in order for their bet to win.

How to Place Racing Bets Online

Placing thoroughbred racing bets at Australian online bookmakers is a simple and straightforward process. However, punters are required to be of legal age, to sign up at a bookmaker, and to deposit AU$ into their account before they can bet.

To bet, they need to choose a race from the available markets, and then select bets from the options on the screen. Their bets will be placed once they confirm their online betting slips.