Horse racing is one of the oldest sporting disciplines for money betting. For betting enthusiasts from Australia, it is still very popular. It is not difficult to start betting on horse racing. However, for newcomers who have never been interested in this sport before, it will be useful to know some basic information.
What Types of Horse Racing are There
The first thing to consider is that horse racing comes in many different forms. They require different skills from horses and jockeys, and use different formats and conditions. Here are the main types of horse racing popular in Australia:
- Smooth racing (on a flat surface) where the race is run on a straight flat road with no obstacles;
- Steeplechase, where participants traverse a course with various barriers;
- Barrier races – the course involves easy, long obstacles that horses overcome on the run;
- Endurance races involving very long distances, sometimes up to 161 kilometres.
Each of these types of horse racing is interesting in its own way and causes a lot of vivid gambling emotions. Choose the best direction for betting and become a professional in it.
Types of Betting on Horse Racing
Horse racing betting lines offer different types of outcomes. It is important to understand the characteristics of each type of bet in order to make an informed choice. This gives you the opportunity to analyse your chances and build different strategies. Here are the main types of bets:
- An outright is a bet on a particular horse winning the entire tournament;
- A place bet is a prediction that a horse will fall within a certain range of positions, for example, that Horse A will place between first and seventh;
- Exacta is a bet on the first two places in the specified sequence;
- Trifecta is the prediction for the first three horses in the exacta;
- Show Bet – 3 horses are selected and a bet is placed on them to be in the prize positions (no sequence):
- Special bets are unusual wagers related to events around the races.
These types of bets are most popular with punters from Australia, but there are also various rare bets available. Betting resources can offer a fairly wide range of horse racing bets.
Horse Racing Betting Sites in Australia
There are many betting resources that offer this classic sporting discipline for betting. Let’s take a look at the biggest services that Australian players can play on. Here are a few well-known sites and their welcome bonuses:
| Betting site | Welcome bonus |
| CryptoLeo | Welcome package up to 5,000 USDT with 225% bonus and 25% rakeback |
| Cloudbet | Up to 5 BTC with 100% bonus and 150 free spins, up to 30% rakeback, all cash with no wagering required |
| Sportbet | 125% bonus up to 1,000 USD, 10x turnover on sports betting |
| Stake | 200% bonus, instant withdrawals, VIP club, draws up to 100,000 USD daily, exclusive sports promotions |
| BC.GAME | Up to 20,000 USD with 300% deposit bonus, no identity verification required and no withdrawal restrictions |
These and other trusted services are great for gambling holidays for players from Australia.
How to Start Betting on Horse Racing
You can bet on horse racing directly at the racetrack or at special land-based betting shops. However, this option requires you to go to a certain place, allocate time in your schedule, spend on travelling. More and more Australians today prefer to bet directly from their smartphone, anytime, anywhere.
See the article about Betting Strategies.
To start betting on horse racing online, you need to follow a few simple steps. First, you need to choose a reliable betting site and register with it. After that, perform the following steps:
- Authorise on the betting site (it is recommended to pass the profile verification procedure at once, if it is necessary for withdrawal of winnings) and deposit your game account by any available method;.
- Activate bonuses if they are offered for betting on horse racing.
- Select horse racing in sports, then the specific tournament, and navigate to the race of interest;
- Explore the available betting markets, assess the odds of different outcomes and add the option of interest to your betting coupon;
- Enter the amount and confirm the bet.
After completing these steps, wait for the race to start and enjoy the colourful spectacle. If your bet wins, you can also easily withdraw your winnings in a convenient way.
Beginner’s Tips for Successful Horse Racing Betting
For successful horse racing betting, it is important for novice bettors to not only know the basic rules and types of bets, but also to consider a number of key factors. Experienced bettors with years of experience can provide some valuable advice to newcomers from Australia. Here are some useful tips:
- Research the horses, their past performances, trainers and jockeys well;
- Pay attention to the weather conditions, because they directly affect the outcome of the race;
- Use the best odds from different betting services to maximise your betting profits;
- Follow the forecasts of experts, but make the final choice yourself, based on your own analysis of the situation;
- Take advantage of all the promotions, bonuses and special offers available to you to maximise your bankroll at the start and make good extra profits for active play;
- Analyse your past bets with the betting site’s internal statistics tools to continually improve your game.
These tips will help you avoid typical beginner’s mistakes and increase your profit on the distance. Play wisely and win!
Conclusion
It is not difficult at all to discover the world of horse racing betting and to understand all the intricacies of this direction. The description of rules and functionality of modern betting resources will help you to start playing easily and quickly. Follow the advice of experienced players to win more often. Choose a reliable betting site that accepts players from Australia, register and start making profitable bets. Good luck!