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.
Other major Australian thoroughbred meets include the Cox Plate, also held in Melbourne, the Golden Slipper, the Victoria Derby, the VRC Oaks and the Caulfield Cup, just to name a few.
Bettors can also look further afield for horse racing betting, with the best of what international racing can offer also an option. That means that punts can be made on major meets in the US, UK, South Africa, New Zealand, Asia and anywhere else where the excitement of horse racing has a strong following.
Horse racing betting options
As you would think, there is more variety open to the bettor with horse racing than any other sport, and we at TAB Sportsbet believe you should get the best horse racing odds and tips.
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.
Doubles, 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.