Features and Types to Bet on Horse Racing in Australia

Features and Types to Bet on Horse Racing in Australia

Among the oldest, most classic betting disciplines is horse racing. Hippodromes were once very popular and crowds of people gathered to watch this dynamic spectacle, as well as to bet on the racehorse. This gambling activity is still very popular in the Arab Emirates, UK, USA and Australia. Today, betting can be done not only at the racetrack or in special establishments, but also online. Betting sites in Australia offer a line of horse racing betting with different options of the spread.

What Types of Horse Racing Races are Available in Australia

Modern betting sites, as well as racecourses in Australia, offer different types of horse racing for betting. Here are the current types of races:

  • Run on straight paths with flat pavement;
  • Running on a distance with obstacles (gullies, ditches, crossbars);
  • Long endurance runs (more than 1km);
  • Races of horses drawn by buggies in which the riders sit;
  • Maiden – newcomers compete against outsiders from higher tiered divisions.

These are the main types of horse racing that bettors from Australia bet on. Each of them is spectacular and exciting in its own way. Choose an interesting direction for yourself and become a professional bettor in it.

Which Horse Racing Betting Markets are Available to Punters from Australia

Which Horse Racing Betting Markets are Available to Punters from Australia

Let’s take a closer look at what kind of bets are made by punters who choose horse racing as a sporting discipline to bet on. Different betting services have a different line-up, but there are some of the most popular areas. These markets are:

  • Winner – betting on a particular horse to take first place in the race (or conversely, betting against a particular horse to not be the runner-up);
  • A prize pair is a bet on the two horses that will finish first and second at the end of the race;
  • Showmanship at the Prix – 3 horses are selected to take the 3 prize places (no order of precedence is taken into account);
  • Prize 3 – the coupon selects 3 horses to take the 3 prize places (with the order of the places);
  • Competing Pair – this bet features two horses and the punter bets on which horse will place higher in the race;
  • A handicap is a bet on how many positions one horse represented in the coupon will have in relation to the other at the end of the race;
  • A clean finish for a racehorse is a bet on a horse coming to the finish line without coming off the track.

There are other, more rare markets, but bets on events from this list are the most popular. As in other types of betting, there are orders, expresses, pairs, systems, multiple expresses, and winning streaks. Players can build their own strategies of any complexity, apply sports analytics and mathematical approach to betting. 

Comparison of Betting at the Racetrack and Online Venues

More and more punters today are choosing to bet on horse racing from the comfort of their own computer at home or anywhere, directly from their smartphone. However, there are still many who appreciate the atmosphere of a real racecourse with the raging emotions of the crowd and the thrill of live horse racing. These two approaches to betting on horse racing have their differences and peculiarities. Here are the main ones:

Land-based sweepstakesBetting site
To place a bet on the race, you need to visit a land-based one Bets can be placed anytime and anywhere
The event is viewed live from a spectator seat, which is not always convenient for observing detailsIt is possible to conveniently view the video broadcast in good quality (sometimes you can change cameras to watch the race from different angles).
Payment of winnings is made on the day of the bet, in cash at the cash deskThe player withdraws the winnings from the balance of the game service to his account
The exact amount of winnings is not known until the bet is calculated, as the pool of players changes and the total amount of the pot changesThe exact calculation of the bet with odds is indicated in the coupon and does not change after the bet is made
At the racetrack, the player can independently study the condition of the horses, the features of the track, the mood of the audienceThe user of the betting resource can study analytics, statistics of races, history of odds changes

With all the unique features of live gaming and being at a racetrack, not everyone can afford to frequent such venues. A racetrack may be far from your place of residence, and race times may not coincide with your work and leisure schedules. However, online betting on horse racing is always and everywhere available. All you need to do is have a smartphone handy and register with one of the reliable betting sites. Let’s take a closer look at the betting resources available for Australia.

Read also about Betting for Dummies.

Best Sites for Betting on Horse Racing

Best Sites for Betting on Horse Racing

There are several reliable big betting resources offering a line of horse racing betting. Let’s take a look at the most popular sites with Australian punters, as well as their welcome bonuses:

Betting siteWelcome bonus
Sportbet125% bonus up to 1,000 USD, 10x turnover on sports betting
CryptoLeoWelcome package up to 5,000 USDT with 225% bonus and 25% rakeback
BC.GAMEUp to 20,000 USD with 300% deposit bonus, no identity verification required and no withdrawal restrictions
Stake200% bonus, instant withdrawals, VIP club, draws up to 100,000 USD daily, exclusive sports promotions
CloudbetUp to 5 BTC with 100% bonus and 150 free spins, up to 30% rakeback, all cash with no wagering required

On these sites you will find excellent conditions for betting on horse racing. Try now this colourful type of gambling entertainment.

Conclusion

Betting on horse racing will appeal to those who like vivid gambling emotions, fast events, spectacle and dynamism. Australian players can make such bets both at the racetrack and at the best betting sites. Choose a convenient way for you and start playing on the best conditions. Good luck!