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> > > Betting on Horses with Australian Online Bookmakers

Betting on Horses with Australian Online Bookmakers

Betting on the ponies is very popular in Australia and New Zealand. Based on this popularity, many of Australia’s top online gambling sites put a lot of focus and effort on providing horse players with a full menu of horse racing venues, wagering options and betting promotions. It’s worth noting that in some parts of Australia, local punters prefer betting on horses over most sports markets. 


The following information is designed to give novice horseplayers some general idea of what to expect when visiting an Australian online bookmaker for the purpose of betting on horses.


Horse Racing Venues – There is literally hundreds of horse racing venues located all over the world. Most Australian online bookmakers will tend to put additional focus on the racing venues currently in action down under, while also providing a nice selection of horse races and/or racing venues from other parts of the world. The additional countries usually represented on a horseracing menu include top venues from England, France, Ireland, Hong Kong, Japan, South America, the U.S., Germany, Dubai, South Africa and Canada. In some cases, the full racing card will be offered while in other cases, only designated races will be made available.


Wagering Options – Wagering options refer to the types of bets that are being accepted by the bookmaker. In most cases, Australia’s top bookmakers will accept the same types of wagers that are being made available at each specific horseracing venue. 


On Australian races, most, if not all, win and place wagers are accepted at fixed odds as determined by the bookmaker. Each online bookmaker will typically offer the best available odds from a number of available tote providers. For exotic wagers like exactas and trifectas, the payouts are based on complicated calculations derived from an overall wagering pool. This process is referred to as pari-mutual wagering.


On international races, the available wagers will differ from one country to the next with the emphasis placed on pari-mutual wagering. European racing venues tend to use the same wagering options as the ones being used at Australian racetracks. In the U.S. and other parts of the world, there’s a strong trend towards a larger variety of exotic wagers, plus a large selection of multi-race wagers like Daily Doubles, Pick-3s and Pick-4s.


Betting Promotions – Australian horse punters love getting a little extra bang for their wagering dollar. In response to this, Australian online bookmakers compete for business by offer lucrative and innovative betting promotions. Typically, horse-betting promotions will focus on one of two areas, giving the bettor an opportunity to boost their odds or payouts, and protection against bad beats or adverse outcomes. 


Odds Boosting Promotions – Several top online race books are currently offering horseplayers the opportunity to boost their odds under specified circumstances. This might be done by offering an extra percentage of winnings after a race has gone final, or it might be handled by allowing the player to pick higher odds on a specific horse based on some predetermined criteria. 


Insurance or Wagering Protection – This type of promotion usually focuses on giving refunds if a selected horse falls short of the desired result. In some cases, the player might still get paid their win mutual, even if their horse gets disqualified. 

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