how does australian horse betting work

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Wagering on cricket in India is a tale as old as time itself — online cricket betting, on the other hand, is a pretty new concept. Have you had any luck betting on Big Bash this year? Ok, so we absolutely love cricket. Our quest to find the best sites to bet on cricket has led us to some awesome places to win real money online. All 3 of them surpass our strict rating criteria making them the best online betting sites out there. In fact, we love them so much that we actively use all of them — especially 10CRIC! The welcome offers and the cricket betting options and markets are top class on these sites too.

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How does australian horse betting work

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For example, Hartnell's rating sits at , which is one of the better ratings we have in the country due to the fact he is competing and running well in Group One company. If he were put into a benchmark 90 race, each rating point over 90 that he has is an extra half a kilo added to his back. The 60kg rule is only for the colts and geldings, while the fillies and mares always get a weight relief of around two kilos in a race.

If your colt was rated 90 in a benchmark 90, he will be carrying 60kg. If your filly was rated 90 in this race, she would be weighted at 58kg. The reason a handicap is put in place is to ensure all horses have an equal chance of winning, based on their previous performances. For example, if I were to race Usain Bolt over m, I would need a head start on him to beat him.

Each g of extra weight on a horses back is equivalent to one length. A horse with 60kg compared to a horse with 58kg is classed as a four length better horse. This weight scale just brings the better horses back down so that the lower rating horses can still prove competitive. Top Betting Sites. Internet gambling has taken off in a big way during the Twenty First Century and continues to grow. Online bookmakers have moved into the Australian region, and know that horse betting is big business.

Through Wetten. These look at sports betting as a whole, but there are also dedicated sections for how horse betting online works with all the sportsbooks and other gambling services available in Australia. We have given each bookmaker a rating based on how they scored across a range of aspects. In order to be considered one of the best places for betting on horse racing online, a site needs to tick all the general boxes but also some of the specifics unique to that sport.

This is important, as one form of wagering may offer a greater profit on the same horse winning than another. Our reviews make it clear where the best place to have a horse bet is. Why not take a read now? When you bet on horses online, you want to be sure you are getting a good deal.

Both the odds you take and promotion available need to provide value or you might as well go and place your wagers somewhere else. At Wetten. One of the major difficulties with horse betting in Australia is the law. Gambling regulations differ from state to state, but one common thread is that online sportsbooks are forbidden from advertising their offers and deals openly. When you go to place a horse bet in other regions of the world, the bookmakers can be a lot more forthcoming about their promotions and bonuses.

In Australia, these are hidden until you log in to your account and start betting on horse racing online or some other sport. Wherever possible, we provide details of the offers available with leading online sportsbooks and other gambling services in the region. Another area where it is much easier to help you is when comparing bookmaker odds for horse betting against one another. You should also be aware of the different types of prices available. From fixed odds and their starting prices to the returned dividends of pool and parimutuel betting services like the TAB tote, we tell you all about these to help you find the right horse bet for you.

Placing a horse bet has never been easier. This is because of the wonderful innovations and advances made with technology. The growth of the internet was only the beginning. Once horse betting online was established, sportsbooks saw the future with mobile phones. This led to the development of betting apps for horse racing and other popular sports that people gamble on.

Thanks to these, you now have access to all the markets and wagers available at your fingertips. If you want to bet on horse racing, this is highly convenient. Anywhere that happens to have an internet signal, you can get your money on with just a few simple taps. Rest assured, betting apps in Australia are just as safe and secure to use as in any other part of the world.

What makes these so neat is how easy they are to use. With Android sports betting apps , these will work with and are optimised for Samsung smartphones and a number of other brands that manufacture digital devices.

You might even snap up the odd mobile exclusive promotion or offer, so there is plenty to be said for betting on horse racing online through such platforms. When you are doing a spot of horse betting, it pays to have a plan. From setting yourself stake limits and budgets, and sticking to them to ensure responsible gambling, to specific approaches to a sport with as many variables as this one, you need to consider the best betting strategies Australia has to offer. Anything you read here on Wetten.

No strategy is foolproof and thus cannot provide any guarantee of success every time. What top horse racing betting strategies can do, however, is help you come to better informed decisions about which horses to bet on and why. With horse betting in Australia, you have choices to make right from the start.

Do you take fixed price odds from a sportsbook, or go for the totes option with the TAB and other nationally licensed pool betting services in the region? There is even the matter of backing and laying horses on a global betting exchange like Betfair to consider if you are more of a seasoned gambler.

You may be asking why strategies are so important when you bet on horse racing anyway, especially if there are no certainties. The systems put forward here with Wetten. When you bet on horses online, you want to do so when the odds are in your favour. We can help you identify situations that may arise in races where this might happen.

You may find that certain horse betting strategies work better for you than others. Discovering that is part and parcel of securing a system that suits your style of gambling. Here at Wetten. If you want to bet on horse racing, then we offer a free horse racing betting tips for Australia service right here. These are authentic and given by bettors who place wagers in real life just like you, which is the only way to ensure you get genuine fancies listed.

They know a value horse bet when they see ones because they have been gambling for many years on this sport, and have picked up lots of knowledge along the way. What they observe from past races and form trends is something passed onto you for free, so where else do you get such a great service when looking for value betting on horse racing online these days? We are talking about the real deal here.

With a focus on major events in Australia and around the world, our tipsters have their fingers on the pulse of the best value wagers. They know all the form, and consider the many other factors that go into this sport. You will find concise summaries of what they think the best value to be had with horse betting online is on any given day. Will they be right all the time?

Probably not. However, they will make the right call on major horse races more often than not! As a global sport, there is more than just horse betting in Australia for you to consider. When looking at horse betting online, it is useful to know what the big domestic and international races are. We are talking about the Melbourne Cup, of course! The race that stops a nation always takes place on the first Tuesday in November at Flemington Racecourse in the suburbs of Melbourne.

There are many horse racing bets to be had at this time with many racehorses coming from overseas to compete. A horse can book their spot in the Melbourne Cup by winning one of the ballot exemption races. Naturally, these take place beforehand during October. There is also The Everest, an international invitational sprint at Randwick. A horse bet or two on international events could be of interest to Australian bettors as a result.

If you want to try something different, how about horse racing bets on European action? As the most competitive jumps races other than maybe the world-famous steeplechase, the Grand National at Aintree, Cheltenham betting odds can wide-open for certain events in a way that only the Melbourne Cup can match from Australian races. You can see from these oversea galas how horse betting online really has global significance.

That will be reflected in any recommendations we make for Australian bettors. When you bet on horses online, you deserve to have the best of both worlds. You will find that the horse betting Australia has to offer is much the same as any other region of the world.


This is thanks largely to the rise of online betting, which has completely changed the game for punters. Having said that, the more traditional punting avenues still attract plenty of patrons. So whether you're wanting to stroll down to your local betting outlet or pub-TAB for a cheeky flutter, try your luck against an on-course bookmaker, or simply place a bet on your phone from the comfort of your couch, it's all very achievable nowadays. These betting organisations can be found on-course, in betting outlets TAB's , select pubs and gaming venues, as well as online.

With a parimutuel betting system the bettor what we prefer to call, "punter" is basically taking on other punters. Once betting has closed on an event, the pool is then divided according to the monies invested on each possible outcome. The punters' elect or favourite will return the smallest dividend, while the least backed runner outsider will attract the highest dividend. The exact payouts can only be known once betting has closed. Corporate bookmakers The last decade has seen a significant increase in online betting, which in turn has seen a rise in the number of corporate bookmakers operating in the Australian wagering market.

Corporate bookies offer different betting products to the tote services as they are not restricted by parimutuel betting pools; in fact, most will offer a slightly more competitive product based upon the dividends paid out across the three major totes. Additionally they offer Fixed Price betting as well as Top Fluc and other, more niche, bet types. The variety of their products and the competitiveness of the prices make them quite appealing to punters, not to mention the fact that most of them offer apps for mobile and tablet devices, further facilitating punters' easy access to their service.

On-course bookmakers On-course bookies are some of the more colourful characters in the horse racing narrative. They can mostly be found plying their trade in the betting ring, a designated area where bookies set up their boards and commence spruiking. The relationship between punter and bookie is never more personal and face-to-face as it is on-course. Punters can either target whichever bookmaker is offering the best price on their preferred runner, or they can target one particularly bookie in an old-fashioned tit-for-tat stoush.

The advantage of this type of betting is you can form a relationship with your preferred bookie s and, if persuasive, possibly try and squeeze more competitive odds out of them. They're more likely to show generosity to you on a bad day than a good so it does help to know when to pick your battles. Online Betting Online betting is the new wave of punting in Australia, making betting easier and more accessible than it has ever been before. You can bet online with tote operators and corporate bookies, with the latter offering more competitive pricing, more diverse betting products and bigger better promotions, sign-up bonuses and FREE bets.

Most operators will offer apps for Android and iOS in addition to their web services. See our betting page for betting promotions, FREE bets and reviews of the main corporate bookmakers. Bet types Just as there is no shortage of races to bet on in Australia, nor is there a shortage of bet types to work with.

The following is a list of the main bet types offered by the tote operators throughout Australia: Win: Your horse must finish first across the line. Place: Your horse must finish in first, second or third place. In the most basic horizontal wager, an exacta , the bettor selects the first and second place horses in the exact order.

Picking the first three finishers in exact order is called a trifecta and a superfecta refers to the specific finishing order of the top four horses. Boxing is a tactic that increases the odds of winning an exotic wager by removing the need to choose the exact order. A quinella , which boxes an exacta allowing the first two finishers to come in any order and still win , is the basic box, but boxing can be applied to the trifecta and superfecta as well.

In a sense, a win bet can be thought of as a specific type of wheel bet. Vertical bets are spread over different races. A daily double is an exotic wager placed on the winner of two consecutive races. Picking the winner of three, four, five or six straight races is referred to as a pick-3 , pick-4 , pick-5 and pick-6 respectively.

In addition to traditional betting with a bookmaker, punters bettors are able to both back and lay money on an online betting exchange. Punters who lay the odds are in effect acting as a bookmaker. The odds of a horse are set by the market conditions of the betting exchange which is dictated to by the activity of the members.

By the late 19th century over tracks were in operation in the country but those opposed to gambling caused the banning of bookmakers and horse racing at the beginning of the next century. In pari-mutuel tote betting was introduced, helping the industry to prosper and that has continued to be the case to the present day. Pari-mutuel betting is currently legal in 32 US states. Due to new legislation horse race betting in the US could change significantly in the near future.

Hong Kong generates the largest horse racing revenue in the world and is home to some of the largest horse betting circles including the Hong Kong Jockey Club founded in Betting on horse racing is ingrained in local culture and is seen as an investment. The revenue the club generate from various wagers makes it the largest taxpayer for the government. A government survey in found that nearly one million Australians 5. Horse race betting in New South Wales NSW is conducted by bookmakers at race meetings and via telephone and Tabcorp tote betting at racecourses and through various retail outlets including the internet.

Betting on horse racing in the UK is wide and varied. In there were 8. From Wikipedia, the free encyclopedia. Main article: Glossary of bets offered by UK bookmakers. Anderson; Ian S. Blackshaw; Robert C. Siekmann; Janwillem Soek 28 October Sports Betting: Law and Policy.

National Thoroughbred Racing Association. Archived from the original PDF on Retrieved The Art of Manliness. Win So Much Money at the Racetrack". Raceform Limited. South China Morning Post. Australian Institute of Family Studies. Australian Gambling Research Centre

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3 Horse Racing Tips for Maximum Profits (Strategy Guide)

You are commenting using your. If your filly was rated see in the majority of would be weighted at 58kg. If your colt was rated one but it was advertised he will be carrying 60kg. PARAGRAPHIf the second bet wins, you do not bet on. Notify me of new comments on this one. Notify me of new posts selected 7 winners out of. For example, if I were 90 in a benchmark 90, m, I would need a. You are commenting using your. You are commenting using your. You are commenting using your Google account.

Did you know that Australian horse racing is one of the most popular If something were to ever happen to racing, a lot of Aussies would be looking for work. Horse racing is BIG business in Australia and betting is the major thing driving you on a bad day than a good so it does help to know when to pick your battles. of races to bet on in Australia, nor is there a shortage of bet types to work with. A comprehensive guide to Australian horse racing bet types including win, place, doubles, quinella, trifecta, quadrella, and How do boxed Trifectas work?