Horse Racing Betting
Horse Racing Betting Options
Having a bet or a punt as it is colloquially know on a horse racing is the most popular type of betting at the races. Horse races can vary by distance, the type of race and the number of horses in the field. All horses that compete in races are called thoroughbreds, which is why horse racing is referred to as thoroughbred racing.
A Win, Place and Each Way bet are the easiest form of betting options. A win bet known as betting ‘on the nose’, is the most common bet type. It is a bet made on a single horse to finish first.
Some other forms of horse racing betting include: quinella, exacta, trifecta, first 4, quaddie and the big6 all which are available at BlueBet.
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About Horse Racing
History of Australian Horse Racing
Horse racing in Australia was first held in approximately 1810. The first race club to form in Australia was the Australian Jockey Club now known as the Australian Turf Club. Some of the most famous Australian race clubs include the Victorian Racing Club, Brisbane Racing Club, South Australian Jockey Club and West Australian Turf Club.
Horse races in Australia is traditionally conducted on every day of the calendar year except for Good Friday and Christmas day. However, in 2017, Perth racing is breaking with tradition and conducting races on Good Friday.
There are two forms of horse racing in Australia; flat racing and jumps racing. Horses in Australia race for over $450m in prizemoney annually. There are four major races in Australian racing. They are: Melbourne Cup, Caulfield Cup, Cox Plate and Golden Slipper. These four races are commonly known as the ‘grand slam’ of Australian racing.
The richest and biggest race on the Australian racing calendar is the Melbourne Cup held at Flemington racecourse.
The total prize money of the race is $6.2m with $3.6m going to the winner. The Melbourne Cup is run under ‘handicap’ conditions where each horse is allocated weight in which it contests the race. These conditions on theory gives every horse an even chance of winning the race. It is uncommon for horses to win multiple Melbourne Cups as under the handicap conditions, winners will be allocated more weight in future to even the field in future years.
With this in mind, it was a remarkable effort for Lee Freedman trained Makybe Diva to win three consecutive Melbourne Cups in 2003, 2004 and 2005. She remains the only horse to win the race three times.
The Caulfield Cup is run over 2400m and held at Caulfield racecourse is a traditional lead up race to the Melbourne Cup. It is also run under handicap conditions and many horses which line up in the Caulfield Cup, also race in the Melbourne Cup.
The Cox Plate is also known as the weight-for-age championships of Australiasia. It is run over 2040m at the tight turning Moonee Valley circuit. It is run under ‘weight for age’ conditions which means weight is allocated as per the age and sex of the horse. These conditions make it more likely for the best horse to win the race and more common for a horse to win the race on more than one occasion. Some of the greats of the Australian turf has won the race on two occasions including Phar Lap, Sunline, Northerly, Fields of Omagh, So You Think and Winx. Kingston Town is the most winnest Cox Plate horse having won the race on three occasions.
The other major race on the Australian racing calendar is the Golden Slipper run during the Sydney autumn and is the world’s richest race for 2 year-old thoroughbreds with a prize purse of $3.5m. It is run over the 1200m at Rosehill racecourse. It is a stallion making race where a Golden Slipper victory for the colts promises a multi-million career at stud.
The most successful trainers in Golden Slipper history are TJ Smith and daughter Gai Waterhouse with 6 wins each while Ron Quinton and Shane Dye have both won the prestigious race on four occasions.
The biggest jumps racing carnival is the Warrnambool carnival during May culminating in the Grand Annual Steeplechase and the Galleywood Hurdle. Other significant jumps races including the Grand National Steeplechase and JJ Houlahan Hurdle at Ballarat as well as the Grand National Hurdle and Crisp Steeplechase at Sandown. The Oakbank Easter carnival is another jump racing carnival held in the Adelaide Hills of South Australia with the major racing being the Great Easter Steeple.