Horse racing and betting go hand in hand. The sport has long attracted punters who dream of winning big by backing runners and riders from around the world. Horse racing betting sites in Australia are therefore hugely popular. However, just which are the best for wagering on the Melbourne Cup or A J Moir Stakes? When it comes to horse racing betting online, this page delivers nothing but the safest and best bookmakers.
We will also offer horse racing betting tips and explain the most important horse racing betting terms. So, whether you are new to betting on horse racing or are something of an expert, be sure to take on board all information found. We will start by listing our favourite Australian horse racing betting sites.
Fixed odds & exchange betting options
Horse racing live streaming
Mobile app available
Dedicated horse racing page
Daily Horse Racing Promotions
New horse racing markets every few minutes
Large number of futures markets
Filter form feature
Racing multi builder
Same race multi bets
With so many horse racing betting sites competing for the attention of punters today, deciding which to sign up on is difficult. However, punters can rest assured that our recommended bookies are nothing but secure. On top of this, they also come with a host of additional benefits. In terms of how we rank online horse racing betting brands, the following factors are considered:
While horse racing betting online doesn’t come with as many options as other sports, such as Aussie Rules or soccer punters can still take advantage of different markets. The number will likely depend on the profile of the race, however the following are the most common:
This simply involves betting on which horse will win a specific race. All runners are given a price before the start of the race. This can fluctuate right up until just before it gets underway. However, only those successfully backing a winner will earn winnings.
In order to give yourself a little breathing space, punters can place an each way bet on a particular horse. This means that half of your stake will go on the horse winning the race, with the other going on it placing. Placing means finishing in the top positions, generally anywhere up to 4th.
Offered by certain bookies, this bet type involves wagering on which out of two horses will come out on top. It does not matter what position, as long as they finish above the other. For example, the two favourites at Doomben or Sandown Racecourse.
Some horse racing betting sites also offer punters the chance to bet on the winning distance. For example, by over 10 lengths. Particularly useful when there is an overwhelming favourite, this market can be used to increase the potential earnings.
When it comes to high profile races, odds will often be introduced online months in advance. In some cases, bets can be placed as much as 12 months in advance. For example, betting on the winner of the Grand National from Aintree. Also known as “Futures”, this method of betting can often bring about greater winnings.
A less traditional form of horse racing betting, this can be anything from staking on the most successful trainers or the leading jockey at a particular meeting.
As we already mentioned, the odds available can often be the difference between horse racing betting sites. Odds are determined by a number of factors, however some bookies are more generous than others. Meanwhile, prices will often change right up until race day. This can be because of injuries, weather, form and track surface. So, deciding when to place bets can also be important. Some horse racing betting sites offer best odds guaranteed. This promotion means that punters will be paid out at the best possible price, no matter when bets were placed. When it comes to the odds found at Australian horse racing betting platforms, the following bookies stand out from the crowd:
Fixed odds and exchange options
Competitive horse racing odds across the board
Best tote or SP dividends on AU races
As with any sport, there are some terms that are specific to horse racing. Especially important for beginners, punters who understand such terminology will put themselves in a strong position. So, the following are some of the words and phrases in which you are likely to come across at horse racing betting sites:
Many still enjoy wagering on horse races with their local high street bookie. However, horse racing betting sites are generally the preferred option for punters today. Australian online bookmakers make it easy and convenient for bets to be placed, while also delivering a host of additional benefits. With that being said, let’s take a closer look at the main pros and cons of betting online:
The Australian horse racing calendar is packed full of high profile meetings. However, there are certainly some races that stand out. It is the following which general attract the greatest amount of interest from betting customers:
This thoroughbred race takes place over 1,200 metres at Randwick Racecourse in Sydney. Despite having only been held for the first time in 2017, it has already attracted major interest from fans and punters alike. With a prize pool of $13 million, it is not difficult to see why.
Ran over 1,500 metres at Rosehill, the Golden Eagle was only founded in 2019. With a prize pool of $7.5 million, it is one of the most lucrative in the Australian racing calendar. Open to four-year-olds, 10% of the prize money is donated to charity.
The prestigious W.S. Cox Plate was first staged in 1922. The Group 1 thoroughbred race is held at Moonee Valley Racing Club over 2040 metres. A prize pool of $5 million is up for grabs, with the biggest trainers and jockeys hoping to win. Taking place annually in late October, the race is open to just 14 runners.
Dating back to 1879, the Caulfield Cup is a Melbourne Racing Club Group 1 thoroughbred race which is now open to all horses aged 3 and over. Worth over $5 million in prize money, the race is known as the leading handicap meeting in the world over a distance of 2.4km. The race is now open to international entrants, having previously only been for Australian and New Zealand runners.
Often referred to as “the race that stops the nation”, the Melbourne Cup is held at Flemington Racecourse on the first Tuesday of November. Ran over 3,200 metres, the race is the richest two-mile handicap in the world. The total purse totals $8 million.
Nothing beats watching horse races live. The excitement of seeing your pick come from behind to win or the favourite falling at the first hurdle is unrivalled. This is why horse racing betting sites offering live streaming already hold an advantage over others. A small bet or funded account balance are needed in order to gain access to streams. Meetings from around the world are available to watch on both desktop and mobile. Many streams are accompanied by commentary too, adding to the user experience for bettors. However, some bookies will only be licensed to show races from certain states, whether it be Victoria or Canterbury in NSW. For those looking for this feature, the following are the best horse racing betting sites offering live streaming:
Vic thoroughbred races streamed live
Horse racing streams on desktop & mobile
Live streams from horse racing meetings around the world
In order to give yourself the best possible chance of beating the bookies, be sure to take into account a number of factors before wagering. Our experts have put forward the following horse racing betting tips:
Horse racing has long been a leading betting sport in Australia. It is not just domestic meetings that are wagered upon today however. Races from around the world are available to bet on. Our recommended horse racing betting sites all cover a large number of races, as well as delivering appealing odds and useful features. So, be sure to check them out today, before selecting your favourites. As always, our top ranked bookies are completely safe and licensed.
Yes. However, it must be carried out with a licensed and regulated bookmaker. Each of our recommended betting sites is legal in Australia.
When it comes to horse racing betting, win and each way bets are the most popular. Additional markets are taken advantage of from time to time also. Meanwhile, races including the Melbourne Cup and Caulfield Cup attract huge interest from punters.
A host of online platforms today offer horse racing tips. However, it is only worth taking advantage of those which are written by those with excellent knowledge of the sport. This could include pundits and journalists.
Yes. Not all horse racing betting sites offer live streaming, however many do. This means that those registered can watch the action as it unfolds. A qualifying bet or funded account is generally needed in order to gain access to live streams.
Everyone has a different opinion when it comes to how to bet on horse racing. However, when developing your system, come up with a budget, before doing your research on runners and riders. A huge amount of information is available today. There really is no excuse to not look at form, age, weight and going.
James is a freelance writer who specialises in the world of sports and iGaming, producing engaging and accurate content for online publications, including news articles, reviews, press releases and social media marketing.
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