Horse Racing Betting
Horse racing is still the most popular betting sport around. The demand for Australian horse racing betting is very high and tab.com.au offers a huge range of betting options for the horse racing fanatic.
The Australian betting calendar is, of course, dominated by the Melbourne Cup , a true Australian institution that also enjoys a strong international following. Every November the nation stops to see who will win the legendary race at Flemington Racecourse, with seemingly every citizen having a punt in one way or another. 2010 saw Americain ridden by Gerald Mosse take the honours.
Horse racing betting options
Also known as 'betting on the nose', this is simply a bet on which thoroughbred you back to win a given race.
This bet involves you picking a horse you believe will finish in the top three placegetters.
An each way bet involves you putting money on a horse to Win and to Place. If your horse wins, you collect both the Win and Place dividend, however, if your horse runs second or third, you will only collect the Place dividend.
Double, trebles and Quaddies
This is where horse racing betting gets really interesting, where studies of form, conditions and weather are vital, not to mention jockeys and trainers.
This is a bet on the winner of two selected races. There's a few different types of doubles - Daily Double and Running Double. The Daily Double is determined by TAB, while the Running Double is something a punter can choose, however, the two races must be run consecutively.
Even more difficult to predict than doubles are trebles, which as the name suggests sees the punter betting on the winners of three races in a day. Racing Trebles are available on Fixed Odds betting only.
Quaddie and BIG6
Ambitious, experienced bettors might like a go at predicting four or six winners. Obviously the returns are far greater if you can snare either the Quaddie or BIG6 as it is far harder to get a collect on these than it is to simply choose the winner of one race.