Nowadays, it is possible to bet on a variety of sports through online betting sites. Horse Racing has been one of the most popular sports in Australia for centuries and now, these sites have provided an excellent gateway for horse racing betting, minus the complications and from the comfort of your own home.

There are countless horse racing events throughout the year in Australia and avid followers of this sport are keen to place bets on their favourite horses or jockey. In order to do so, it is imperative to know certain aspects about the sport, including horse racing terminology, different types of horse races, different bet types and to be generally aware about conditions during the race such as weather, distance and the horse’s ability based on past races.

Bet types in Horse Racing

When deciding on the type of bet you wish to place, it would serve you well to keep certain factors in mind. If you are a novice punter, then selecting a ‘place’ bet gives you a higher chance of being successful rather than a ‘win’ bet. The different types of bets in horse racing include:

  • Win bet– betting on the winning horse
  • Place bet– betting on a horse to come in first, second or third place
  • Exotics – these encompass bet types such as:
    • Quinella- the first 2 horses across the line with no particular order
    • Exacta – the first 2 horses across the line and the correct order
    • Trifecta- the first 3 horses across the line and the correct order
    • First 4- the first 4 horses across the line and the correct order

Undoubtedly, it is crucial to be knowledgeable of certain terms- a fundamental part of horse racing betting.

The 3 Biggest Races of the Spring Racing Carnival 2019

Caulfield Cup – Saturday 19th October 2019

The Caulfied Cup is considered the lead up race to the prestigious Melbourne Cup and is undoubtedly a highly anticipated event in Australia. This race covers a distance of 2400 metres and offers a cash prize of a staggering $5,000,000. It is one of the oldest-running races in Australia, dating back to 1879. The race takes place at the Caulfield Racecourse in Melbourne and this year happens to fall on the same day as The Everest in Sydney, another massive racing event in Australia.

Cox Plate – Saturday 26th October 2019

This race takes place at the Moonee Valley Racecourse and is run over a distance of 2040 metres. The Winx has won this race for four years running and will be remembered for years to come, her final win in 2018 becoming a momentous occasion in Australian Racing. Her consecutive wins however, did halt the excitement of betting as she proved herself unbeatable year after year. The Cox Plate is certainly recognised as one of the main horse races in Australia.

 

Melbourne Cup- Tuesday 5th November 2019

 the Melbourne Cup is held every year and takes place at the Flemington Racecourse in Melbourne, Victoria. This event became ‘the celebration that stops a nation’ as attendance keeps increasing and stakes keep rising. The event combines sports, fashion, food and overall entertainment. The first ever race meeting was held in March 1840 and today, the Melbourne Cup is the richest handicap race in Australia and is a special day all around the country.

Horse Racing Betting Online

If you are interested in placing a bet online on a popular horse race during the Spring Racing Carnival, the first thing you need to do is find a trustworthy and reliable bookmaker such as Unibet. Then you would have to register and place a deposit before commencing with your bet. The best bookmakers also offer helpful guides to help you on your punting journey.