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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. |