Australian Online Horse Betting Guide

If you are new to online betting and you are looking for the best Australian horse betting guide, you have come to the right place. In the notes below we are going to fill you in on the basics of horse betting and how to get started. In Australia, horse betting sites is probably one of the biggest betting markets in the country. Every race attracts thousands of online punters from around the country. For novice punters, online betting cans seem intimidating at first. In truth online betting is easy, fun and extremely profitable if you know what you are doing.

In this horse betting guide we are going to start off by explaining the various types of online bets that can be place. The first thing to know about horse racing is that there are three broad types betting categories a punter can choose from; namely straight bets, multi bets and exotic bets. For those just starting out, betting on a straight win would be the easiest and safest ways to go; while more experienced punters can bet on multiple horses and multiple races simultaneously.  A few of the more basic online bets are explained below:

  • A straight Win – This is where punters bet on a  particular horse to win the race
  • Place –This is betting on a horse to finish in the money, meaning finishing 2nd or 3rd place, or even 4th
  • Each way –  This is a combination of a win and place bet
  • Doubles – Betting on two separate races for the win where you have to be successful in both in order to cash in on your bet
  • Trebles – Similar to doubles but instead of two races you have to pick the winner in  all three
  • Parlay – Also known as all ups or accumulators, these bets require the punter to be successful in picking winners in a series of races

Understanding the horse betting tips is a crucial component to horse betting. A good horse betting guide will tell you that most betting odds are usually expressed as fractions e.g. 2/1, 7/1 and 6/5. With a simple calculator, anyone can easily calculate what their chances are of winning and what their return will be on any bet. For example if you have a $5 bet on a horse with odds of 2/1, you chances of winning are 33.3% and your total winning returns will be $15.

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Types of Online Horse Bets

One of the functions of a horse betting guide is to make a punter think before he bets. As any experienced punter knows, there are many factors that can contribute to how a horse will perform in a particular race. The more knowledge a bettor has, the higher the chances of him winning a placed bet. In order to place the best bet possible, a punter has to get as much information as possible about the each of the following variables. It is best to research the trainer, the Jockey, the horse’s current form, the horse’s current fitness level and the horse’s level of consistency in previous races.

Horse Betting at Australia’s Best Bookies

Possibly the most important information to take away from this Horse Betting guide is choosing the right online bookmaker. Everyone has different needs and preferences when it comes to online betting. The key is to understand what you need, and then assess which bookmaker meets your requirements the best. If you want to get started with online horse betting, you have come to the right place. You can find all the best Australian online betting sites right here.