Types Of Horse Racing Bets

That You Can Place in Australia

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Australian betting sites and bookmakers offer a wide range of options when it comes to placing a wager on horse racing. From the simple win bet through to that elusive quaddie – there’s a horse racing betting type to suit all types of risk vs reward appetites. 

Type of Bet Description
Win Bet A bet placed on a horse to finish first.
Place Bet A bet placed on a horse to finish in the top three (or top two in smaller races).
Each Way Bets Two separate bets - one for the horse to win, and one for the horse to place.
Quinella Bets A bet placed on two horses to finish first and second in any order.
Exacta Bet A bet placed on two horses to finish first and second in the exact order.
Trifecta Bet A bet placed on three horses to finish first, second, and third in the exact order.
First Four A bet placed on four horses to finish first, second, third, and fourth in the exact order.
Quaddie Or Quadrella A bet placed on the winners of four nominated races, which are typically the last four races of a meeting.
Daily Double A bet where you pick the winners of two nominated races at the same meeting.
Running Double A bet where you pick the winners of two consecutive races at the same meeting.
Treble A bet where you pick the winners of three nominated races at the same meeting.
Super 6 A bet where you pick the winners of six nominated races, which are typically the last six races of a meeting.
Multi Bets A bet that allows you to place multiple bets on different sporting events all within one bet.

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