Betting on horse racing has been popular for over 300 years. Australian gambling enthusiasts enjoy watching horse racing at the racecourse, at the PPP, or from anywhere using an app on their smartphone or computer. If you want to get involved in this popular, classic gambling pastime but don’t know much about the rules of horse racing, the following information will be very useful to you. Familiarise yourself with it before betting real money.
How the Winning Spots in Horse Racing are Allocated
In most horse races, individual racehorses compete in a horse race. It can be a straight, steeplechase, chariot, short or very long distance race. The following outcomes can be conditions for your bet to win the race:
- Winning the selected horse in an individual race or the entire tournament;
- Entry of the selected horse into the top three prize winners, or into a specified range of places, e.g. 1 to 5;
- Entry of three selected horses into the top three prize winners without regard to the order of placing;
- Three selected horses occupy the three prize places in the exact order in which they are placed;
- The two selected horses occupy the two prize places in the exact order;
- One horse must be a minimum number of positions behind the other in the race (e.g. Horse A must be a minimum of 4 positions behind Horse B);
- The selected horse will be placed above or below a specified position in the race (e.g. the horse will be placed 5th or higher);
- Arrival at the finish line – the horse must reach the finish line in any place without leaving the course (the bet is especially relevant in long distance races with obstacles).
These are the main results of races that are bet on in horse betting. There may be more unique outcomes in the lineup of different betting resources.
How Horse Racing is Run and Bet on in Australia
The process of running in horse racing does not have any complicated rules or a lot of additional details. After betting, the start signal is given and the horses and their riders start the race over the allocated distance. Spectators watch the race from the racetrack, the PPP or online. At the racetrack and at the betting shop, bets are placed directly at the cash desk. To place a bet online, the following steps are required:
- Choose the right betting site with a horse racing betting line that accepts punters from Australia;
- Authorise with login and password in your profile (it is recommended to go through the profile verification procedure at once, if it is necessary for withdrawal of winnings);
- Deposit money into your account balance by any available method;.
- Activate bonuses if they are offered for betting on horse racing;
- In the sections with selections of sports to bet on, select horse racing, then go to the specific tournament and select the race of interest;
- Explore the available betting markets, assess the odds of the different outcomes and then click on the outcome you are interested in to have it added to your betting pool (it can be a single bet, express or system);
- Enter the bet amount and press the confirm button to place a bet.
According to the results of the race, if your bet plays out, you will be able to withdraw your winnings in a convenient way. Modern betting sites offer many favourable bonuses and promotions, the correct use of which will allow you to increase your winnings even more.
What is Recommended to Consider When Betting on Horse Racing in Australia
When picking the winner of a race in horse racing or betting on other outcomes, it is important to focus on objective indicators. Here are important factors to consider for all Australian horse racing bettors:
- Consider the horse’s age, as this is one of the main indicators of its fitness and potential;
- Take into account the distance of the race (this determines the chances of successful outcome of certain bets, opportunities for the application of various strategies);
- Study the features of the racecourse, track surface and other important indicators of the place where the race is being held;
- Pay attention to the jockey’s weight, as this also has a significant impact on the horse’s running speed;
- Take the weather conditions into account, as this is one of the main indicators of the condition of the track and the horse’s physical capabilities during the race;
- Pay attention to whether the horse and rider have had a break between competitions in which to recover and prepare for the current race;
- Study the statistics of victories of trainers and jockeys participating in the race, because it helps to determine the level of training, professionalism of participants, their average results at competitions of this type;
- Compare the odds for a given event in the betting site’s rosette with its competitors, pay attention to inflated odds, a strong drop in values, changes before the start of the race to make the most profitable bet.
See the article about Bets on Horse Racing.
If you are betting online at a major betting site, make use of all the bonus offers available to you. The welcome bonus will allow you to significantly increase your starting bankroll, and the cashback will give you a good additional profit when you play actively. Other promotions and bonuses will also help you win big.
Conclusion
The rules of horse racing are simple enough for a novice to understand in order to place winning bets. Players from Australia can register and bet at a proven betting resource with a wide range of horse racing betting lines, great odds, favourable odds and generous bonuses. Discover this fascinating, dynamic sporting discipline for betting, and perhaps you will have great success in it. Good luck!