Horse Racing Betting

Horse racing is still the most popular betting sport around, as can be seen by strolling past your local high-street bookmakers on any day of the week. The demand for Australian horse racing betting is no less in the online world, and TAB.com.au offers a huge range of options for the betting 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 race at the legendary 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 Sydney Cup, the Golden Slipper, the Victoria Derby, the VRC Oaks and the Caulfield Cup, to name just a few races out of hundreds.

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.

Single Races

Win betting

Also known as ‘betting on the nose’, this is simply a bet on which thoroughbred you back to win a given race.

Place betting

This is a bet on which horses will finish in which order in a race. For example, ‘first four’ betting sees the bettor predicting the first four placings in a race – usually in the correct order. A variation on this can include predicting the first four horses in any order.

The ‘quinella’ is arguably the most popular of all place betting, being a bet on just the first two placings in a race. A ‘trifecta’ refers to a wager on the first three placings.

Each way

An each way bet is where if a horse wins, the bettor collects dividends for both the win and place bet, while if the horse merely places in second or third, only the winnings according to the place odds can be collected.

Head to head

Here, a bettor chooses two horses in one race and simply predicts who will get the higher placing of the two of them.

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.

Doubles

This is a bet on the winner of two selected races. The races can be on the same day, consecutive or otherwise. The chances of predicting two winners in succession being relatively small, the odds on doubles are often high.

Trebles

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.

Quaddies

Ambitious, experienced bettors might like a go at predicting four winners. There is also the option of the ‘big 6’ – predicting the winner of no less than six consecutive races.

Multi-bets

Tab.com.au offers Multi-bets, also known as ‘all-ups’ or ‘parlays’, are popular as they offer the chance to combine several single bets together. This is an all-or-nothing bet, where all of the single bets must be successful to collect winnings.