Horse Racing betting for Australians
betting on horse racing in Australia has long been a part of the social and cultural fabric of this great nation and betting on horses is perhaps the most popular sporting pastime and activity undertaken on most weekends of Australia’s sporting calendar. The Australian fascination with the sport dates back to the early years of the settlers, and race betting has continued to grow to this day amidst the potential promise of a swift pay-out from a race that is over in a matter of just a few minutes.
The Melbourne Cup
The highlight of the Australian horse racing betting fans is undoubtedly the Melbourne Cup which has long been dubbed the ‘race that stops the nation’ and indeed, such is the mounting popularity of this event, horse racing Victoria has been integral in the decision to make the day of this event a Public Holiday in the state of Victoria.
The Melbourne Cup is held each year on the first Tuesday of November and is Australia’s most prestigious race for thoroughbreds over a two-mile course and is the pinnacle of the melbourne sporting calendar. It has been sponsored by Emirates for the past few years and last year’s prize money was $6.2 million, while betting amounts exceed tens of millions of dollars on just this one day alone!
Elsewhere in Australia, and indeed the sporting world, millions of people attend race-meets at their respective race courses, attend social functions, get involved in sweep-stakes and other horse racing games as millions of dollars changes hands in the online horse betting arena as well as track-side bookmakers.
Melbourne Cup Facts and Figures
Makybe Diva is the most successful horse in the history of the Melbourne Cup as it won the prestigious race three times on the trot in 2003, 2004 and 2005 while the likes of Think Big, Rain Lover, Peter Pan and Archer have all won on two occasions.
Red Cadeaux was the only horse to finish runner-up on three occasions in the Cup but unfortunately in 2015 had to pull up due to a fetlock injury. The Australian racing fraternity and indeed horse racing betting news in general, was rocked by the announcement that the horse had to be euthanised two weeks later.
Jockeys Bobby Lewis and Harry White share the most Melbourne Cup wins (4 apiece) while legendary Australian horse trainer, Bart Cummings, holds the record for most wins by a trainer with 12 victories.
Most wins by an owner is held by Lloyd Williams who was the owner of the 2016 Melbourne Cup winning horse, Almandin, who was ridden by jockey Kerrin McEvoy.
The Australian Racing Carnivals
The Australian racing calendar is divided into three very distinct seasons; Spring Carnival, Autumn Carnival and Winter Carnival, with the most popular being the Spring Carnival which includes the Caulfield Cup, Cox Plate and of course the biggest sports betting event of the year, the Melbourne Cup.
The Spring Carnival starts in August and runs through until early December. September sees Sydney horse racing meetings at Rosehill and Randwick, while October also sees Randwick hosting three further events with the Epsom Handicap, Flight Stakes and the Metropolitan Handicap.
The Carnival then shifts down to Victoria with races being held at Flemington, Caulfield and Moonee Valley and this period of the calendar includes the other two premier events in the racing calendar which are the Caulfield Cup and the Cox Plate.
The Caulfield Cup is held at the Caulfield race course usually in mid-October and is noted as one of the key indicators as to how a horse’s chances are rated for the upcoming Melbourne Cup and the winner is granted automatic entry into the Melbourne Cup such is its prestige in the racing calendar.
The Cox Plate is usually held a week later at Moonee Valley and is the pre-cursor to the Melbourne Cup which is held the following week at Flemington Racecourse. The Cox Plate also attracts the top horses from within Australia and also internationally as the event sits within the Spring Carnival in Melbourne.
The Spring Carnival culminates in Ascot in Perth, Western Australia, with race meetings held between mid-November and early December.
The Autumn Carnival is the second biggest of the Australian racing calendar and there are plenty of opportunities to explore the numerous horse racing tips available for this period which runs from mid-February through to mid-May.
There’s a lot of quality races and betting opportunities to take a look at as there are a total of 34 Group One races spread across Victoria, New South Wales and South Australia. Sydney and Melbourne host the majority of the races with Adelaide putting on the final four meetings at Morphetville.
Sydney’s race courses include Randwick, Rosehill and Warwick Farm while Melbourne hosts race meetings at Flemington, Caulfield and Moonee Valley.
Sydney’s major races include the Golden Slipper in mid-March at Rosehill, the BMW Stakes at Rosehill the week later, while April sees Randwick host the Doncaster Mile in Week 1 of the Championships along with the Australian Oaks in Week 2 of the Championships seven days later.
Melbourne’s major races include the Australian Guineas and the Randwick Guineas in the first week of March at Flemington, while the same course hosts the Australian Cup and the Newmarket Handicap a week later.
Last but not least is the Winter Carnival, or as it’s locally known, the Brisbane Winter Racing Carnival as the meetings are held exclusively in Queensland with a total of eight Group 1 races that are held at Eagle Farm and Doomben.
The Brisbane Winter Racing Carnival is the highlight of the Queensland Betting calendar and two Group One races in particular hold specific interest for horse racing tips Australia with the Doomben 10,000 being held at Doomben race course in May, and the Stradbroke Handicap being held at Eagle Farm in June.
How do I place a bet? Research is vital!
The internet now provides a plethora of information relating to horse betting tips and racing betting strategies as well as providing up-to-date information regarding Australian horse results through a number of online bookmakers.
Australian bookmakers such as TAB, William Hill, Sportsbet, Crown Bet, Unibet and bet365 provide live results as well as statistics to assist with your racing betting, and they all of course have a great focus on horse racing in particular to satisfy the Australian betting markets.
Numerous sports betting sites/ forums will include plenty of racing tipsters in general, but beware as these tipsters tend not to be very reliable, both in terms of previous tips not being proofed by an independent company, and promises of untold wealth through their ‘get rich quick’ schemes from their racing betting systems, which haven’t been tested over a long period of time.
However, the Racing Australia website provides a wealth of useful and important information for those punters wishing to know more about race fields and form, track conditions as well as race results with this site being an important guide.
But if you’re looking for a service that provides professional tips then it’s definitely worth shopping around as not only strike-rate of winning tips is important, but also the percentage of yield that a particular service has provided over at least a year or at least 100 picks, so you can evaluate their longevity in the industry, but also get an indication as to their strengths and weaknesses as a tipster.
For instance, are they better at finding winners at particular courses, in certain conditions ie good to firm only, or only when certain jockey/owner combinations attend a particular course?
There are many things for the racing betting novice to consider when looking at racing in Australia in particular as there are many country races held throughout the year, but these have been the downfall of many a casual horse punter as the quality of the field is nowhere near that of say a Group One meeting at Caulfield for example.
It is therefore recommended to steer clear of the country races and leave these to the locals as they can be a minefield in terms of picking winners and losing your hard-earned cash in just a few races can be a very painful experience!
With the average punter in Australia spending roughly $1,200 per person on sports betting each year you can see why we recommend that before you deposit your hard-earned money in any sportsbook you check out our section of Australian sportsbooks that offer horse racing. We have done all the research so you don’t have to.