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The Best Horse Racing Betting Sites 2025
Written by:Andy PottsEditor
Biography
Andy, an NCE-accredited journalist and editor, brings extensive experience across various niches like online gaming, casinos, writing, editing, and public relations.
Reviewed by:Simon YoungEditor
Biography
Simon Young transitioned from a career as a national news editor to lead editor at PokerStars, later channeling his editorial prowess into Betsquare. His remarkable path threads the worlds of journalism and online gaming, echoing a narrative of expertise and creativity.
Updated on:
Feb 18, 2025, 10:05 am
Introduction:
Horse racing, known as the 'sport of kings,' is undeniably popular down under, with one million Australians wagering yearly.
Aussies bet around $1,300 annually on coveted Group 1 races like the Caulfield Cup, W.S. Cox Plate, and iconic Melbourne Cup.
This guide delves into the premier online horse betting sites in Australia, examining the most sought-after markets and betting types.
Online Horse Betting Odds
Most Aussie horse betting platforms opt for decimal odds, displayed as numbers accurate to two decimals, indicating the return per successful $1 wager (including your stake).
For instance, wagering $10 on a horse in the Melbourne Cup at 5.00 odds would net you $50 total, $40 of which is profit.
Besides potential winnings, decimal odds reflect the implied probability of an event, a critical factor in value betting and optimal stake calculation. A formula aids in determining implied probability:
(1/ decimal odds) * 100 = implied probability
Backing a 2.00 contender for the 2024 Melbourne Cup? Divide one by 2.00, then multiply by 100 for a 50% implied probability. At 21.00 odds, a horse's chances shrink to 4.76%.
Types of Horse Racing Bets
Grasping odds and their implications is vital for identifying value and comparing diverse wagers across top Australian racing sites. But which horse racing bets are favored in these circles?
Futures Betting
Futures or outright bets reign in horse racing, requiring a winner pick. During marquee events like the Melbourne Spring Racing Carnival, back a series of winners in an accumulator for amplified odds. Futures bets often have extended odds, particularly for races with robust fields.
Each-Way Betting
Consider each-way bets: splitting your stake between a win and placement. If your horse doesn’t win but places, you retrieve a portion of your stake, mitigating losses.
Exacta/Quinella/Trifecta
Trifecta, Exacta, and Quinella bets focus on top finishers. An Exacta demands selecting the first two horses in exact order, . In contrast, a while a Quinella forecasts the top two in any order. Trifecta requires predicting the top three in order, a gamble that hinges on extensive analysis. This spread betting market, prevalent on many platforms, sets winning margins in lengths as odds. Wager on whether the actual margin exceeds or falls short, informed by historical data.
Winning Distance Betting
Prominent Horse Races in Australia for Betting Considering betting on horse racing in Australia offers varied markets, especially for notable events. Discover the best and most bet-worthy races.
The Melbourne Cup is Australia’s racing crown jewel, revered globally with its impressive two-mile handicap. The 2023 run, at Flemington Racecourse every November, boasted $8.41 million in prize money. Top betting sites save major promotions for this spectacle.
Second only to the Melbourne Cup, the W.S. Cox Plate, held in Melbourne’s Moonee Valley, invites three-year-olds and up for a one-mile race, with a generous $5 million purse.
Melbourne Cup Betting
The Caulfield Cup, a hallmark since 1879, draws crowds to Melbourne’s Caulfield Racecourse each October. A Group 1 handicap with a $5 million prize, it offers lucrative betting.
The W.S Cox Plate
Sydney’s Queen Elizabeth Stakes at Randwick Racecourse, a highlight of the ATC Championships, with a $4 million pot, dominates the Sydney Autumn Carnival as its richest event.
Caulfield Cup
Online Horse Betting Apps and Live Streaming
The Queen Elizabeth Stakes
If attending live races isn’t possible, top Australian bookmakers offer live streams through their secure apps, accessible on iOS and Android. Enjoy full sports coverage online, crafting an engaging betting experience.
How We Evaluate Horse Racing Betting Sites in Australia
App performance and accessibility are crucial for Betsquare’s evaluations, mobile apps .
alongside fairness, licensing, and reputation checks with bodies like the Malta Gambling Authority.
Leading Aussie sites apply 128-bit SSL encryption, safe payments, and KYC checks for security.
Transparent bonuses with fair wagering requirements enhance value, while competitive free bets require qualifying wagers. betting sites Responsible betting is paramount, with Betsquare ensuring operators provide tools for gambling management.
/ Premier Horse Racing Betting Platforms in Australia
Betsquare's editorial team champions credibility and independence. To sustain our unbiased reviews and free content, we receive support from the companies whose ads are displayed on Betsquare. Here’s how we do it.
01
BetsAmigo
Best For Horse Racing Betting
Why we chose BetsAmigo
First off , we offer exclusive, paid advertising spots to certain companies. These paid placements can influence which advertisers feature prominently on our site. We don't cover every product or service available out there on Betsquare.
Bonuses and Promotions
Moreover , some of our articles include 'affiliate links' directing you to advertiser offers, which might earn us a commission when clicked. Our editorial choices, advice, and analysis remain unaffected by advertiser payments, ensuring pure objectivity in our content. While we strive for accuracy, completeness isn't always possible; no guarantees are made on the info outlined below but here's a rundown of our affiliate partners.
Payment Methods
Andy is an experienced NCE-certified journalist and editor, with skills honed across various sectors such as online gambling, casino games, iGaming, and PR management.
Mobile App In-depth review
Simon Young, bringing years of journalism as a former national news editor to Betsquare, was once the Lead Editor at PokerStars. His career beautifully fuses the worlds of traditional journalism and online gaming.
PROS
CONS
Editorial Disclosure: Partner links on Betsquare might earn us commissions, but these don’t sway our editorial team’s content or evaluations.
Recognized as the 'sport of kings,' horse racing captivates roughly one million Australians annually, who indulge in betting on their favorite races.
02
Wallacebet
Best For Free Bets
Why we chose Wallacebet
Each year, Aussie bettors wager an average of $1,300, especially targeting prominent Group 1 events like the Caulfield Cup and Melbourne Cup.
Bonuses and Promotions
Our guide dives into Australia’s leading online horse betting platforms while analyzing popular betting markets and wager variations.
Payment Methods
Decimal odds reign supreme in Australia's horse betting scene, displaying winnings per $1 bet (stake included) in numbers with two decimal spots.
Mobile App In-depth review
Place a $10 bet on a runner at a starting price of 5.00 in the Melbourne Cup, and if successful, you’ll claim $50 - that’s a $40 profit!
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Apart from showing potential earnings, decimal odds also estimate implied probabilities of race outcomes. This is vital for understanding the value of a wager and choosing the right stake amount, backed by an implied probability formula.
- TImagine staking on a 2.00 shot in the 2024 Melbourne Cup. Divide one by 2.00 to get 0.5, multiplying by 100 gives an implied odds of 50%. Conversely, odds at 21.00 mean just a 4.76% chance of success.
03
Zotabet
Best For Free Bets
Why we chose Zotabet
Grasping odds is essential for spotting value in bets and assessing available bets from top horse racing bookies in Australia. But what’s the most frequent horse betting wager type?
Bonuses and Promotions
Futures bets are common, selecting who’ll win a specified future race. Like the Melbourne Spring Racing Carnival, it supports betting on numerous winners in one accumulative wager. Futures odds generally stretch longer for competitive races.
Payment Methods
Each-way bets encompass win/place aspects, backing a horse to victory or place. While a win nets potentially big returns, placing offers a chance to recover part of your stake.
Mobile App In-depth review
Exacta, Quinella, and Trifecta are bets aiming for race top finishes. Exacta picks first and second finishers, Quinella forecasts top two, order-free, while Trifecta demands the first three runners, in exact sequence.
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This betting market, spread betting, is popular across most horse betting services, allowing bettors to wager on margin differences for race wins.
- Should Horse Races Aussies Love to Bet On
04
BetiBet
Best Aussie Language Bookie
Why we chose BetiBet
Note, Australia’s significant race meetings expand your betting opportunities. Let’s uncover the unmissable Aussie horse races.
Bonuses and Promotions
Topping the list is the illustrious Melbourne Cup, Australia’s grandest race, with an $8,410,000 prize pool in 2023, captivating viewers globally. Top-bookies reserve exclusive offers for this November event at Flemington.
Payment Methods
A close second in Australia's racing scene is at Moonee Valley in Melbourne, open to thoroughbreds aged three-plus. This lengthy race boasts $5,000,000 in prize money.
Mobile App In-depth review
Dating back to 1879, the Caulfield Cup captivates thousands yearly, serving a Group 1 Thoroughbred race experience in Melbourne each October.
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Sydney's Randwick Racecourse features the Group 1 Queen Elizabeth Stakes, previously Queen's Plate. During the ATC Championship series, it offers the Sydney Autumn Carnival's richest prize, $4,000,000.
- TOnline Horse Betting Apps and Live Streams
05
Nine Casino
Best for Quick and Secure Payouts
Why we chose Nine Casino
These apps provide a seamless life betting interface, opening access to multiple sports categories and betting lanes securely, ensuring a captivating user experience anytime.
Bonuses and Promotions
Evaluating Horse Racing Betting Sites in Australia
Payment Methods
Aside from app quality, Betsquare assesses criteria like operator comparison and overall user experience.
Mobile App In-depth review
Key factors include fairness, transparency, and reliability. We verify licenses and accountability, often to reputable authorities such as the Malta Gambling Association.
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CONS
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Leading Aussie betting sites rely on 128-bit SSL encryption, ensuring safe sites, secure payments, and customer verification protocols.
- TClear bonus offerings encourage engagement, while free bet bonuses need competitive odds, easing wagering conditions.
06
Playzilla
Best for Navigation and Ease of Use
Why we chose Playzilla
Promoting responsible gambling, all Betsquare’s recommended operators offer tools for punters to control betting behavior.
Bonuses and Promotions
These elements, combined with swift apps, easy payment options, and quality support, shape your experience.
Payment Methods
Choosing the Right Australian Bookie
Mobile App In-depth review
Even with benchmarks, Australia's betting scene features elite sites. In our view, these are the best experience providers for Aussies. Discover Betsquare’s top bookies.
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Discover Australia's Top Horse Racing Betting Platforms - Betsquare 2025
- DCurious about which Australian horse racing platforms excel? Our comprehensive guide introduces you to leading bookies and the odds they offer.
07
Velobet
Best New Bookie
Why we chose Velobet
/ Australia's Premier Horse Racing Betting Platforms
Bonuses and Promotions
At Betsquare, maintaining independence and objectivity is of utmost importance to our editorial team. To ensure that we can continue delivering high-quality reviews and insights without charge, we receive financial support from companies that advertise on Betsquare through two primary avenues.
Payment Methods
First and foremost , we offer advertising opportunities through paid placements. The revenue from these placements may influence how offers appear on the site. Please note that Betsquare does not include every available product or service in the market.
Mobile App In-depth review
Moreover, in some of our content pieces, we provide links to advertiser offers. These 'affiliate links' can generate income when readers click on them. However, the compensations received don't influence our editorial advice or recommendations, nor do they sway the content on Betsquare. Remember, we can't guarantee complete accuracy or applicability of the provided information, and we don't make claims or guarantees. Below you'll find a list of partners linked to our affiliate programs.
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Andy is a seasoned journalist and editor with NCE credentials, bringing his vast experience across numerous sectors like online casinos, iGaming, writing, editing, PR, and management.
- WSimon Young, once a prominent national news editor and journalist, previously held the esteemed position of Lead Editor at PokerStars before channeling his editorial skills into Betsquare. His distinguished career effortlessly merges journalism with the online gaming world, crafting a narrative laden with expertise and creativity.
08
Betcoco
Best for Overall Payments
Why we chose Betcoco
Editorial Update: Partner links on Betsquare may yield commissions for us. These do not sway the views or assessments of our editorial staff.
Bonuses and Promotions
The title of 'sport of kings' is well-earned in Australia, with nearly a million locals engaging in horse racing betting each year.
Payment Methods
On average, bettors invest about $1,300 annually with their trusted bookies during prestigious Group 1 events like the Caulfield Cup, WS Cox Plate, and the legendary Melbourne Cup.
Mobile App In-depth review
In this guide, we explore the top Australian online horse betting platforms, while examining the most favored markets and bet types.
PROS
CONS
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In Australian horse races, decimal odds are a prevalent method of presenting prices. Displayed to two decimal places, they represent potential winnings for every dollar staked online if successful, including your original wager.
- YSo, if you place a successful $10 bet on a particular horse to win the Melbourne Cup, priced at odds of 5.00, your return would be $50, with $40 as profit.
09
CryptoLeo
Best for Placing Crypto Horse Bets
Why we chose CryptoLeo
Beyond projecting how much you could win by backing a chosen horse, decimal odds also help in determining an outcome's implied probability, which is vital for identifying a bet's value proposition and deciding the optimal stake via a specific formula.
Bonuses and Promotions
For instance, if you're supporting a 2.00 shot to win the 2024 Melbourne Cup, you’d divide one by 2.00 to get 0.5, then multiply by 100, resulting in an implied probability of 50%. If another runner is priced at 21.00, those odds hint at only a 4.76% chance of it winning.
Payment Methods
Grasping odds and their implications is crucial when identifying worthwhile options in betting arenas and differentiating between wager variations at Australia’s best horse racing bookies. But which horse racing bets are the most common?
Mobile App In-depth review
Placing a Futures or Outright bet is a quintessential horse race wager where you simply pick the race winner. At grand events like the Melbourne Spring Racing Carnival, you can spread your stake over four to twenty race winners in a single accumulator bet, typically at enticing odds. Often, futures odds in horse racing are rather lengthy, especially for races with extensive and competitive pools.
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Horse racing also lets you place each-way bets. Here, your stake is divided between winning and placing aspects, backing a horse to either clinch a win or finish within specified places. While the payout might be reduced if your selection wins, you still retrieve some of your investment should the horse secure a place such as second, third, or fourth.
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lack of a dedicated sports betting
Horse betting sites payment methods
Exacta, Quinella, and Trifecta bets all target finishing spots of horses in the top two or three. With Exacta bets, you're selecting the precise order for the first two finishers. payment methods Quinella bets give you the liberty to choose the top two contenders without predicting the winner. A Trifecta requires choosing the top three finishers in exact order during a specific race, presenting a higher risk that demands careful analysis and understanding.
This popular spread betting market can be found at most horse betting sites. Bookies propose various winning margins (measured in lengths) as lines you can bet against, predicting whether the actual winning margin will exceed or fall short of these projections. It typically offers even-money opportunities, allowing you to leverage historical data, performance, and track conditions to inform your bets.
Top Horse Races in Australia for Betting Enthusiasts gamble responsibly and manage your bankroll carefully.
However, as you decide to place bets on horse racing, remember that major Australian events offer the widest range of betting options. Here's a glance at some of the best-known and most popular races.
Horse Betting Customer Support
The Melbourne Cup stands as Australia's premier horse race, a Grade 1 event and the wealthiest two-mile handicap worldwide, drawing millions of viewers globally. The 2023 edition featured an $8,410,000 prize pool and took place at Flemington Racecourse in early November. The finest online betting services in Australia often roll out special promotions specifically for this race.
This is Australia’s second-richest Group 1 race, hosted in Melbourne at Moonee Valley Racecourse. Open to all thoroughbreds aged three years and above, this one-mile, two-furlong race commonly features a prize exceeding $5,000,000. The event usually unfolds a month before the Melbourne Cup, amid a bustling fall season for horse racing enthusiasts.
Our Review Process
The Caulfield Cup, with its storied history dating back 144 years to 1879, attracts countless fans to Melbourne's Caulfield Racecourse every October. This Group 1 Thoroughbred contest, held under handicap conditions, boasts a consistent $5,000,000 prize and diverse, competitively valued betting markets similar to those of the W.S. Cox Plate. editorial policy .
The Queen Elizabeth Stakes, once referred to as the Queen’s Plate, is another Group 1 race hosted at Sydney’s Randwick Racecourse. This prestigious thoroughbred race is a major part of the autumn ATC Championships, offering an enticing $4,000,000 prize fund and reigning as the richest event of the iconic Sydney Autumn Carnival.
Current Version
Dec 7, 2022
Written By
Andy Potts
Edited By
Simon Young
Horse Betting and Live Streaming Technologies
If attending these races in person isn't feasible, fear not, as many top-notch Australian horse racing bookies provide live streaming services through dedicated apps,
Typically available on both iOS and Android platforms, these apps offer a secure access point to a comprehensive array of sporting categories and betting markets, ensuring a fully immersive and convenient live betting experience, regardless of your race choices.
Betsquare's Evaluation Process for Horse Racing Betting Sites in Australia
How do I place a bet on horse racing?
The accessibility and functionality of mobile applications are key elements that Betsquare considers when evaluating and assessing betting platforms across Australia. However, here's a look at other crucial factors:
Our team ensures a bookmaker's credibility, openness, and customer rapport, while also verifying its licensing with esteemed regulators like the Malta Gambling Authority.
Leading horse betting sites usually employ advanced 128-bit SSL encryption for secure operations, alongside safe payment channels and 'Know Your Customer' (KYC) procedures.
Top bookmakers should also offer clear bonuses that are both rewarding and easy to wager, along with enticing free bet promotions linked to qualifying bets at competitive odds.
Responsible gambling is a central tenet in Australia’s remote betting industry, and here at Betsquare, we make sure every recommended bookmaker provides meaningful tools and support for punters wishing to manage their betting activities. you can withdraw any winnings.
