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Known fondly as “The Sport of Kings”, horse racing is a major part of the Australian sporting landscape and continues to grow in size and popularity every year.


Participants can head to the track to watch the great burly in the flesh or enjoy the action from the comfort of their living room.


Betting on horse racing can be a fun and profitable experience. And whether it’s a Melbourne winger or a gal in the bush, there’s nothing quite like the thrill of rooting for a winner!

For beginners looking to learn a bit about horse betting, it’s helpful to have some information at your disposal before embarking on your journey.

Top Horse Racing Events in Australia
The Melbourne Cup – Held annually since 1861, the race that ‘stops the nation’ is contested at Flemington Racecourse on the first Tuesday in November. It’s a true worldwide phenomenon today, with an increasing number of international runners trying to catch our great race.
Cox’s Plat – Australia’s most important race is held at the Moonee Valley circuit at the end of October. Many Winx have made history, with a fourth successive victory in the race back in 2018.
Victoria Derby – The Derby is a fierce 2500m home race for 3yo horses at Melbourne’s famous spring carnevale and draws huge crowds to Flemington on the Saturday before the race.
Everest – Modelled on the Pegasus World Cup in the United States, this race has captured the imagination of the Sydney racing public since its inception in 2017. Twenty-two slot holders pay big bucks to select their own runners in the spring 1200m race at Randwick in October, with $13 million in prize money on offer. Sydney’s
Autumn Carnival – marketed as “the last race of Australian racing” – sees some of the country’s best racers take to the track for big wins. On successive Saturdays in early April, eight single Group 1 races, including the Doncaster Mile and the Queen Elizabeth Stakes, form part of the show. What to look out for


when betting on horses
Horse racing takes place in Australia all year round, with betting meetings taking place every day except Christmas Day.


Most of the racing in Australia takes place on flat grass surfaces, although there are also a number of synthetic tracks in use. The season is shortened throughout the autumn. Tracks


across the country are divided into three categories – metropolitan, metropolitan and country.


In addition to the pure ability of the horse, individual factors such as track and weather conditions, weights, race distances, track and coaches can all play a role in trying to analyse its success potential.

Choose your bet
There are several different types of bets that a punter can choose from. These are:


Win - The horse must finish first for your bet to be successful.
Place - The horse must finish in the top three places for your bet to be successful (in races with seven or fewer starters this number is reduced to two).
Exotic - These include betting types such as quinella (where you have to pick the first two horses across the line in any order), exacta (where you have to pick the two crowns before they cross the line in the correct order), trifecta (where you have to pick the first three dragons across the line in the correct order) and First 4 (where you must pick the first four horses across the line in correct order). Another popular exotic option is quadrella, where you have to pick the winner of four races that have been won in a meeting (often the last four races on the programme).
When placing a Win or Place bet, punters have the option of choosing between fixed odds (the price you see is the price you get) or Tote odds (which are not set until the race has started).


Before placing a bet, it is useful to look for fluctuations (or 'flucs') near the current odds - these show the price movement for each runner and indicate how popular it is with punters.